44.7
Below average
Property score
44.7
Below average
Overall 44.7
Smaller than most nearby homes
672 sqft (bottom 15%)
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
27% 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
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44.7 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
1974 Bannatyne Avenue W — 11 amenities found within 500 m, across 6 categories, including 2 dining (nearest 91 m), 2 education (nearest 322 m), 4 parks (nearest 48 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 14% | Bottom 20% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1974 Bannatyne Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home in Winnipeg's Brooklands neighbourhood, built in 1954. Its primary characteristic is a significant imbalance between land and living space: the property sits on a 4,202 sqft lot, which is above average for Brooklands, while the house itself is a compact 672 sqft. This creates a distinct value proposition centered on land potential rather than the existing structure.
The appeal lies squarely in opportunity. The very low assessed value reflects the home's size and condition, making it one of the most affordable entry points into the market. It suits specific buyer types: investors or developers eyeing the lot for future redevelopment, extremely budget-conscious first-time buyers willing to live minimally while building equity, or hands-on owners with the vision and capability to significantly expand or rebuild on a well-sized urban lot. A less obvious perspective is its potential for a "right-sized" lifestyle; for someone seeking a tiny-footprint home with ample private outdoor space for gardening or recreation, this pairing is rare in the city.
Section 2: Frequently Asked Questions (FAQs)
1. Why is the assessed value so much lower than typical Winnipeg homes?
The assessment is primarily based on the existing structure's size, age, and market value. The very small living area and older construction date result in a low valuation, with the land value being a smaller component of the total.
2. Is this a teardown property?
While the existing home is small and dated, that decision is up to the buyer. The data suggests the value is in the land. Whether you choose to renovate, expand significantly, or rebuild will depend on your budget, needs, and the local zoning regulations.
3. What does the "below average" living area ranking mean practically?
With 672 sqft, the home is significantly smaller than most. It likely has a basic layout with limited rooms and storage. Buyers should be prepared for a compact living environment or factor in the cost of an addition.
4. The lot size is noted as "above average" for Brooklands. Why is that important?
A larger lot in an established neighbourhood provides flexibility. It could allow for a larger future home, the addition of a garage, or more green space, which are advantages not found on smaller, standard lots.
5. How should I interpret the sale history and nearby property values?
The home last sold in late 2021 for a price close to its current assessed value. Nearby properties with similar assessed values are likely also very small or modest homes. For a true comparison of potential, research sale prices of renovated homes or new builds on similar-sized lots in Brooklands.
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