Property score
51.6
Fair
Overall 51.6 · Smaller but newer than most nearby homes
880 sqft (bottom 15%) · 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: 1 school, 4 parks, and 1 bank/ATM nearby
Living Area
Below average
19% 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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51.6 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
119 Stradford Street — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 471 m), 4 parks (nearest 235 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 27% | Bottom 38% | Bottom 32% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | Bottom 28% | Bottom 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 3% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 119 Stradford Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1976, situated on a modestly sized lot in the Buchanan neighbourhood. Its key appeal lies in its position as an accessible entry point into the Winnipeg market. With a living area of 880 sqft, an unrenovated basement, and no garage, it is a straightforward property that prioritizes function over frills.
The home’s most compelling characteristic is its land. While the lot is below the average size for the street and city, it represents a lower-maintenance outdoor space—a potential benefit for those not wanting extensive yard work. Financially, the home presents a clear value proposition, with a consistently low assessed value and a recent sale price significantly below the citywide average for comparable homes. This suggests a lower barrier to entry and potentially lower property taxes.
This property would best suit first-time buyers, investors, or downsizers seeking an affordable foothold in a established neighbourhood. It’s for a practical buyer who views the home as a comfortable starter space or a strategic investment, and who is prepared for any updates the older, unrenovated basement may require. The appeal is rooted in simplicity and opportunity, not in premium finishes or ample square footage.
Section 2: Frequently Asked Questions
1. Is this a "tear-down" or renovation project?
While the home has a low assessed value and an unrenovated basement, its consistent sale history suggests it is a liveable property. It is more accurately seen as a home that allows for gradual updates according to a new owner's budget, rather than a mandatory full-scale renovation or demolition project.
2. How does the small lot size impact the property?
The below-average lot size (3,298 sqft) means less yard maintenance, which can be a positive for those seeking a low-upkeep property. However, it also limits potential for large additions or extensive outdoor living spaces. It’s a practical lot for a practical home.
3. Why is the assessed value so much lower than the recent sale price?
Municipal assessed value for taxation purposes often lags behind market sale prices and is calculated using a different formula. The significant jump from previous sale prices to the 2023 sale of $280k likely reflects strong market conditions and the inherent value of the land, even with a modest home on it.
4. What should I know about the unrenovated basement?
"Unrenovated" typically means the basement is in original or functional condition, but may lack finished walls, ceilings, or modern flooring. It provides usable storage or utility space but will require investment to convert into a finished living area. A thorough inspection is advised to check its condition and potential.
5. Who are the most likely neighbours or buyers in this area?
Given the home’s profile—affordable, compact, and in an established neighbourhood—it will likely attract other first-time homeowners, long-term residents of Buchanan, and possibly investors looking for rental properties. It fits the profile of a neighbourhood workhorse rather than a luxury destination.
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