41.6
Below average
Property score
41.6
Below average
Overall 41.6
Smaller than most nearby homes
595 sqft (bottom 4%)
Built in 1954 (10 yrs older than avg)
Located in a above-average income area
with median household income of ~81k
Transit 92.0
4-min walk to transit with 5 nearby routes
Within 500m: 2 dining spots, 2 schools, 4 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Near average
10 yrs older than neighborhood avg.
Mother tongue
English · 53%Tagalog · 19%
Past 10 years Brooklands sales snapshot (~80% of all data)
407
287.5k
$259/sqft
1964
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
41.6 is composed by the two sections below.
Property Score
Community Score
Brooklands
How to read: Share of sales in each ~$50k price band for “brooklands” (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: #46110227
$81K
Median household income
$87K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
17%
Single-person households
25%
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
1971 Bannatyne Avenue W — 12 amenities found within 500 m, across 6 categories, including 2 dining (nearest 124 m), 2 education (nearest 271 m), 4 parks (nearest 99 m).
Brooklands · WPS public data · 2026
Annual incidents
29
2026
vs. city avg
-2%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
79%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 25% | Bottom 31% | Bottom 5% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 13% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1971 Bannatyne Avenue W, Winnipeg
Key Characteristics & Appeal
This is a modest, one-storey home in Brooklands built in 1954, sitting on a standard city lot of approximately 3,855 sq ft. Its key characteristic is its compact living space of 595 sq ft, which is notably smaller than most area homes. The property includes a detached garage and a renovated basement, adding functional space.
The primary appeal lies in its affordability and land value within a mature neighbourhood. With a very low assessed value and sale history, it presents a clear entry point into the Winnipeg market. It’s a property where the land represents a significant portion of the value, suggesting potential for future redevelopment or expansion, subject to local regulations. The renovated basement also offers immediate utility, offsetting the small main-floor footprint.
This home would best suit a pragmatic, value-focused buyer. This could include a first-time investor looking for a rental property with a low entry cost, a hands-on owner planning a future rebuild or significant expansion, or someone seeking minimal living expenses without leaving the city. It is less suited for those requiring ample, move-in-ready living space.
Frequently Asked Questions
1. Is this a tear-down property?
While the home has a very small living area, it is a functional dwelling with a renovated basement. Whether it's a candidate for redevelopment depends entirely on the buyer's goals, the neighbourhood's zoning, and the condition of the structure, which should be verified by a professional inspection.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's specific attributes: very small square footage, age, and its location. It is assessed in line with similar, smaller-scale properties in the area rather than the broader Winnipeg market, which includes newer and much larger homes.
3. What does the "renovated basement" include?
The listing notes the basement is renovated, but the specific finishes, permits, and quality of the renovation are not detailed. This is a key point to clarify with the seller or their agent to understand the home's true condition and value.
4. How does the small living area affect financing and insurance?
Lenders and insurers may view non-standard, smaller properties differently. It's advisable to consult with your mortgage broker and insurance agent early to ensure there are no unforeseen hurdles with securing a mortgage or adequate coverage.
5. What is the long-term potential here?
The potential is closely tied to the land. The lot size is standard for the area, offering options from maintaining the existing affordable dwelling to potentially expanding the home (where feasible) or holding it as a land investment. The neighbourhood's future development trends would be a major factor.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
