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New Listings in Archwood, Winnipeg

New Listings in Archwood, Winnipeg

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Archwood Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Year over year
Past 10 years
Market Price (CAD)
$392,100
Difference over last year (%)
3.1

Archwood

Part of the Greater Winnipeg metropolitan area, Archwood is a neighbourhood within Winnipeg, Manitoba.

Transportation

Physically active people will value the fairly bike-friendly character of this part of Winnipeg. More precisely, the area is moderately flat. This neighbourhood is also reasonably well-suited for people who prefer to get around on foot; many common errands can be run without needing a vehicle. Driving is a great medium of transportation in this part of the city. Many houses for sale are a short car ride from the closest highway, and it is very convenient to access a place to park. In contrast, the transit infrastructure in this part of Winnipeg is somewhat poor. Nevertheless, house owners are served by a few bus lines, and bus stops are not very far from most residences.

Services

The closest grocery store in Archwood is typically only a short trip away. Likewise, there is usually a restaurant or cafe in close proximity. When it comes to education, it is a short trip to reach schools and daycares from anywhere in Archwood.

Character

Archwood offers a variety of experiences for home buyers who enjoy a vibrant atmosphere and spending time in green spaces. Even though the ambience is not the liveliest in this part of Winnipeg with the nightlife venues in nearby neighbourhoods, it is very difficult to find a place to grab a drink because they are generally located very far. On the other hand, there are around 10 public green spaces close by for residents to unwind in and they are especially well-situated, which makes them very easy to get to.

Housing

Most homes in Archwood were built prior to the 1960s, during its biggest construction boom. In this neighbourhood, about 70% of dwellings are single detached homes, and the rest of the properties are mainly small apartment buildings. Homeowners occupy around 60% of the units in Archwood while the rest are rented. This neighbourhood is primarily composed of three bedroom and two bedroom homes.

Summary

Archwood, located in the Greater Winnipeg area, is a car-friendly neighborhood with convenient access to highways and parking. Grocery stores and restaurants are just a short walk away, and there are nearby daycares and primary schools. The area boasts plenty of green spaces and parks, making it perfect for outdoor activities. Most residences are single detached homes with three or two bedrooms, embodying a classic charm from the construction boom before the 1960s. With a majority of the population owning their homes, Archwood offers a peaceful and neighborly atmosphere.