Property score
57.7
Fair
Overall 57.7 · Smaller than most nearby homes
960 sqft (bottom 26%) · Built in 1974 (2 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 2 schools, 1 shop, and 4 parks nearby
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 58%Punjabi · 21%
Past 10 years Valley Gardens sales snapshot (~80% of all data)
652
325k
$343/sqft
1976
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57.7 is composed by the two sections below.
Property Score
Community Score
Valley Gardens
How to read: Share of sales in each ~$50k price band for “valley gardens” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110886
$85K
Median household income
$97K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
19%
Single-person households
26%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
972 London Street — 10 amenities found within 500 m, across 4 categories, including 3 dining (nearest 366 m), 2 education (nearest 473 m), 1 shopping (nearest 412 m).
Valley Gardens · WPS public data · 2026
Annual incidents
28
2026
vs. city avg
-5%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
71%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 34% | Bottom 33% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 972 London Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 960 sqft bungalow, built in 1974, presents a clear value-oriented opportunity in the Valley Gardens neighborhood. Its primary appeal lies in its significantly lower assessed value ($226k) compared to averages on its street, in the neighborhood, and across Winnipeg. This creates an accessible entry point into homeownership or a potential investment property with a lower initial tax burden.
The home suits practical buyers who prioritize financial efficiency over square footage. It's ideal for a first-time buyer comfortable with a home that is smaller than the area norm, an investor looking for a rental property with a manageable entry cost, or a downsizer seeking a simpler footprint. While the lot size is also below average, it translates to less maintenance—an often-overlooked benefit for those seeking a low-maintenance lifestyle. The home's age is typical for the area, suggesting it fits seamlessly into an established, mature community.
Section 2: Frequently Asked Questions
1. Is the low assessed value a red flag?
Not necessarily. It primarily reflects the home's smaller size and lot relative to local comparables. It's a starting point for valuation, and a current market assessment would be needed to determine its sale price.
2. What does "below average" living area mean for daily life?
It means efficient use of space is key. The layout and condition of the 960 sqft will be crucial. For some, it's a cozy, easy-to-manage home; for others, it may feel cramped. Consider your furniture and lifestyle needs carefully.
3. Who might this property not suit?
Buyers who prioritize ample indoor space, a large yard, or who see a home primarily as a vehicle for equity growth based on above-average square footage may find better options elsewhere.
4. Are there any hidden costs implied by the data?
The data itself doesn't reveal condition. A home from 1974, while average for the area, will require a thorough inspection. Budgeting for updates to original components (like roofing, windows, or heating systems) is a prudent consideration.
5. What's the biggest advantage here?
Financial accessibility. You are acquiring a home in an established Winnipeg neighborhood at a price point well below the typical cost for the area, which can free up budget for renovations, savings, or other investments.
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