Property score
55.9
Fair
Overall 55.9 · Smaller but newer than most nearby homes
924 sqft (bottom 22%) · Built in 1976 (5 yrs newer than avg)
Located in a high-income area with median household income of ~88k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 4 parks, and 1 bank/ATM nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Above average
5 yrs newer than neighborhood avg.
Mother tongue
English · 80%Tagalog · 4%
Past 10 years Buchanan sales snapshot (~80% of all data)
257
361k
$351/sqft
1971
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55.9 is composed by the two sections below.
Property Score
Community Score
Buchanan
How to read: Share of sales in each ~$50k price band for “buchanan” (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: #46110308
$88K
Median household income
$90K
Average household income
18%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
13%
Single-person households
30%
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
111 Stradford Street — 7 amenities found within 500 m, across 3 categories, including 2 education (nearest 471 m), 4 parks (nearest 260 m).
Buchanan · WPS public data · 2026
Annual incidents
3
2026
vs. city avg
-90%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 41% | Top 47% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 111 Stradford Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1976 on a standard city lot in the Buchanan neighbourhood. Its key appeal lies in its value proposition and low carrying costs. With a notably low assessed value and recent sale price, it represents one of the most accessible entry points into the Winnipeg market. The home is modest in size at 924 sqft of living space and features an unrenovated basement, presenting a straightforward, no-frills canvas.
The property would suit specific buyer profiles: first-time buyers seeking minimal financial barrier to entry, investors looking for a rental property with a low initial investment, or downsizers prioritizing low property taxes and simplicity. A thoughtful perspective is that while the home's metrics are below area averages, its lot size is still generous for its price point, offering potential for future expansion or outdoor space in a mature neighbourhood. Its above-average ranking for year built on its street suggests it is among the newer homes in the immediate vicinity, which can be a relative advantage.
Section 2: Frequently Asked Questions
1. What does "below average" for land area mean in practical terms?
The lot is 3,518 sqft, which is smaller than many in Buchanan and on Stradford Street itself. However, it is still a standard urban lot, providing adequate yard space without the maintenance demands of a larger property.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's modest size, basic condition (including an unrenovated basement), and its specific market position. It indicates lower municipal property taxes, which is a key ongoing cost saving for the owner.
3. Who might this property not be suitable for?
It may not suit buyers looking for a move-in-ready home with modern finishes, those who need significant space for a growing family, or anyone unwilling to take on potential cosmetic or functional updates over time.
4. The data shows it sold recently in 2022. What does that indicate?
The 2022 sale provides a very recent, transparent market price for comparison. It demonstrates active market interest at this price level and can help anchor current value expectations.
5. Are the nearby comparison homes similar?
The listed nearby properties on Stradford Street confirm this is a consistent, established street of homes. The "similar assessed value" examples from other neighbourhoods highlight that this price point exists across Winnipeg, but this property offers it within the specific context of Buchanan.
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