Property score
38.9
Below average
Overall 38.9 · Smaller than most nearby homes
472 sqft (bottom 17%) · Built in 1953 (21 yrs older than avg)
Located in a above-average income area with median household income of ~67k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 10 dining spots, 3 schools, 1 healthcare facility, and 3 shops nearby
Living Area
Below average
46% smaller than neighborhood avg.
Year Built
Near average
21 yrs older than neighborhood avg.
Mother tongue
English · 79%Tagalog · 3%
Past 10 years Bruce Park sales snapshot (~80% of all data)
31
260k
$256/sqft
1974
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
38.9 is composed by the two sections below.
Property Score
Community Score
Bruce Park
How to read: Share of sales in each ~$50k price band for “bruce park” (Condos, 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: #46110248
$67K
Median household income
$81K
Average household income
13%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
42%
Single-person households
22%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
8-1812 Portage Avenue — 27 amenities found within 500 m, across 7 categories, including 10 dining (nearest 97 m), 3 education (nearest 285 m), 1 healthcare (nearest 429 m).
Bruce Park · WPS public data · 2026
Annual incidents
4
2026
vs. city avg
-86%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 3% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This is a compact, no-frills property built in 1953, located at 8-1812 Portage Avenue in Winnipeg's Bruce Park neighborhood. Its primary appeal lies in its exceptionally low price point and minimal property tax burden, as reflected in its assessed value of $11,900. With only 472 square feet of living area and no basement, garage, or pool, it represents a highly simplified form of homeownership.
The home would suit a very specific type of buyer: an investor looking for an affordable rental property, a first-time buyer seeking the absolute lowest barrier to entry into the market, or someone who values minimalism and low overhead above space and amenities. It's important to note that the home ranks well below average in size, value, and modernity compared to nearly all peers on its street, in Bruce Park, and across Winnipeg. This isn't a property for those seeking growth or comparables; its value is purely functional and utilitarian. A thoughtful perspective is that it could serve as a strategic foothold in a central location, freeing up income for other investments or experiences, rather than tying it up in a larger mortgage.
Frequently Asked Questions
1. What does "below average" in the rankings actually mean for a buyer?
It confirms this is an outlier property. For example, it's in the top 98% for size on Portage Avenue, meaning 98% of comparable homes are larger. This underscores the trade-off: you gain extreme affordability but sacrifice space and modern features.
2. Is the low assessed value a good thing?
It has two sides. The obvious benefit is very low property taxes. However, it also indicates the municipality views the property as having limited market value, which can reflect its age, size, and condition. It may not be a property you buy for traditional equity building.
3. Who might this property not be suitable for?
It is likely unsuitable for families, anyone needing home office or hobby space, those who accumulate belongings, or buyers who view a home primarily as a financial asset for appreciation. The lack of a basement or garage also limits storage and utility.
4. The home sold for $10,100 in 2021. What does that suggest?
This recent sale price, close to the current assessed value, reinforces that this property operates in a very niche, price-inelastic segment of the market. It suggests value is stable at this baseline level rather than being subject to typical market fluctuations.
5. What should a viewer be sure to check given the home's age and profile?
A thorough inspection is critical. Focus on the condition of the building envelope (roof, windows, siding), the electrical and plumbing systems (original 1953 components would be a concern), and the in-suite mechanicals like heating. Understand what common elements or fees may exist, as it is listed among several units at the same address.
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.
