125 Stradford Street

Buchanan, Winnipeg

Property score

54.9

Fair

Overall 54.9 · Smaller but newer than most nearby homes

924 sqft (bottom 22%) · Built in 1973 (2 yrs newer than avg)

Located in a high-income area with median household income of ~88k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 3 parks, and 1 bank/ATM nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Above average

2 yrs newer than neighborhood avg.

Mother tongue

English · 80%Tagalog · 4%

Past 10 years Buchanan sales snapshot (~80% of all data)

Sold Count

257

Median price

361k

$/sqft

$351/sqft

Avg build year

1971

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Property score

54.9 is composed by the two sections below.

Property Score

47.3Low
Living Area924 sqft42Low
Year Built197358Fair
Lot Size3,958 sqft46Low
Neighbourhood Sales Activity71Good

Community Score

66.2Good
Household Income80Excellent
Education Level34Low
Housing Stress52Fair
Core Housing Need100Excellent
Employment Health42Low

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110308

Community deep dive

$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

Population, labour & age

Population (2021)347
Labour force participation rate58%
Median age36.0
Avg household size3.0
Unemployment rate15%
Population density4337 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households13%
Couple families with children30%
Median household income (2020)$88K

Housing

Renter households34%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority27%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Tagalog · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
924 sqft
0255075100
Same streetBottom 31%Same areaBottom 22%CitywideBottom 19%
Same street · Stradford Street
#62 / 90
Bottom 31% · Avg 1,049 sqft
Same area · Buchanan
#651 / 840
Bottom 22% · Avg 1,092 sqft
Citywide · Winnipeg
#158,116 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

below average
265k
0255075100
Same streetBottom 6%Same areaBottom 9%CitywideBottom 21%
Same street · Stradford Street
#85 / 90
Bottom 6% · Avg 356.9k
Same area · Buchanan
#761 / 840
Bottom 9% · Avg 328.4k
Citywide · Winnipeg
#154,281 / 194,458
Bottom 21% · Avg 390.1k

Year Built

above average
1973
0255075100
Same streetBottom 49%Same areaTop 28%CitywideTop 43%

Lot Size

below average
3,958 sqft
0255075100
Same streetBottom 11%Same areaBottom 10%CitywideBottom 25%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

125 Stradford Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 472 m), 3 parks (nearest 211 m).

Search radius
🏫Education1
🌳Parks3
🏦Finance1

Crime & Safety

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%

Sales History

Sold 9/2019CA$200k–250k
Sold price

Same street

Bottom 5%

Same area

Bottom 4%

City-wide

Bottom 12%

Related homes

Highlights & common questions: 125 Stradford Street, Winnipeg

Property Overview: 125 Stradford Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in the Buchanan neighbourhood presents a straightforward opportunity centered on its land and value. Built in 1973, the house itself is modest, with 924 sqft of living space and an unfinished basement. It does not have a garage or pool. The property’s most notable characteristic is its assessed value, which is significantly below averages for the street, neighbourhood, and city, suggesting a lower property tax burden.

Its primary appeal lies in its potential as a land-value play or a foundational project. The lot, while below area averages in size, offers space for future expansion or landscaping. This home would suit a first-time buyer comfortable with a property requiring updates, an investor looking for an entry point into the market, or someone specifically seeking a lower-cost base with the option to renovate over time. It’s a practical choice for those who prioritize financial accessibility and long-term potential over immediate move-in condition.

Section 2: Frequently Asked Questions

1. Is this a fixer-upper?
Yes. The listing notes the basement is unfinished and not renovated. Buyers should budget for updates and modernizations to both the living space and any unfinished areas.

2. Why is the assessed value so much lower than the city average?
The assessed value is based on municipal evaluation, which considers factors like the home's size, age, and condition relative to its peers. The significantly below-average assessment here reflects the home's modest specifications and likely indicates room for value growth through improvements.

3. What is the neighbourhood like?
The home is in Buchanan. The provided data shows that for a home built in 1973, its year built is actually above average for this specific neighbourhood, suggesting it sits among well-established properties.

4. How does the lot size compare?
The land area of approximately 3,958 sqft is below the average for Buchanan. This means outdoor space is more limited than many neighbouring properties, but it remains a standard city lot.

5. What are the realistic comparisons for this property?
The listing references nearby and similarly valued homes, such as 11 Capulet Crescent in the same neighbourhood. That home has a very similar living area and year built but a higher assessed value, offering a useful benchmark for what slightly updated or different configurations in the area are valued at.

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