61.2
Fair
Property score
61.2
Fair
Overall 61.2
Compared with neighbourhood average
1,012 sqft (bottom 45%)
Built in 1971
Located in a above-average income area
with median household income of ~86k
Transit 76.0
7-min walk to transit with 4 nearby routes
Within 500m: 2 dining spots, 1 school, 3 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
Near average
7% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 82%Tagalog · 3%
Past 10 years Buchanan sales snapshot (~80% of all data)
257
361k
$351/sqft
1971
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
61.2 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: #46110310
$86K
Median household income
$92K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
20%
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
118 Bernadine Crescent — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 461 m), 1 education (nearest 490 m), 3 parks (nearest 122 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 8% | Bottom 5% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This single-storey home at 118 Bernadine Crescent in Winnipeg's Buchanan neighbourhood presents a straightforward opportunity centered on its land and location. Built in 1971, the 1,012 sqft house sits on a 4,160 sqft lot and features an unrenovated basement. Its most recent sale was in 2016 for $21,300, with a current assessed value notably below city averages.
Key Characteristics & Appeal
The primary appeal of this property lies in its value as a land play or a foundational project. The lot size, while below average for the city, is competitively sized within its immediate street and area, suggesting the potential lies more in the location than the structure itself. The home’s assessed value ranks in the lower tiers compared to neighbours and the wider city, indicating an entry-level price point.
This property would suit a specific type of buyer: an investor or handy homeowner looking for a footprint in a stable neighbourhood without paying for prior upgrades. It’s a candidate for a hold-and-rent strategy, a gradual live-in renovation, or even a future rebuild, given that the existing structure adds minimal premium to the price. The appeal is utilitarian—it offers a chance to gain a position in the market where the value is anchored by the lot, not the current condition of the home.
Frequently Asked Questions
1. What does "below average" assessed value actually indicate?
It signals that the municipal assessment for this home is lower than most comparable properties in its vicinity. This often reflects the home's condition and lack of updates relative to neighbours, not necessarily its market price, but it can suggest a more affordable entry point.
2. Is the unrenovated basement finished or usable?
The listing specifies it is "not renovated," which typically means it is unfinished. It presents raw space that a new owner could develop to add living area.
3. How does the lot size compare practically?
At 4,160 sqft, the lot is smaller than the Winnipeg average but is fairly typical for Buchanan and Bernadine Crescent. It provides standard backyard space but may not accommodate extensive additions without careful planning.
4. What might the 2016 sale price tell us?
The $21,300 sale price eight years ago is a historical data point that shows the property has long been valued as a lower-cost option. It underscores the property's role as a value-driven entry in the area.
5. Who are the most likely buyers for a property like this?
First-time buyers or investors comfortable with a project. The profile fits someone prioritizing location and lot potential over move-in readiness, seeing the existing house as a functional starting point rather than a finished product.
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.
