127 Stradford Street

Buchanan, Winnipeg

Property score

55.5

Fair

Overall 55.5 · 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

Need help understanding this property?

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

Property score

55.5 is composed by the two sections below.

Property Score

48.3Low
Living Area924 sqft42Low
Year Built197358Fair
Lot Size4,178 sqft53Fair
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
268k
0255075100
Same streetBottom 8%Same areaBottom 11%CitywideBottom 21%
Same street · Stradford Street
#83 / 90
Bottom 8% · Avg 356.9k
Same area · Buchanan
#747 / 840
Bottom 11% · Avg 328.4k
Citywide · Winnipeg
#153,017 / 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
4,178 sqft
0255075100
Same streetBottom 12%Same areaBottom 12%CitywideBottom 29%

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

127 Stradford Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 474 m), 3 parks (nearest 202 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 2/2016CA$200k–250k
Sold price

Same street

Bottom 9%

Same area

Bottom 6%

City-wide

Bottom 13%

Related homes

Highlights & common questions: 127 Stradford Street, Winnipeg

Property Overview: 127 Stradford Street, Winnipeg

Key Characteristics & Appeal

This 1973-built, one-storey home in Buchanan presents a straightforward opportunity centered on value and potential. Its key characteristic is a renovated basement, adding functional living space to the 924 sqft main floor. The lot size of 4,178 sqft is notably smaller than most in the immediate area and across Winnipeg, which is a defining factor.

The primary appeal lies in its position as an accessible entry point. With a historically low sale price and an assessed value consistently below area averages, it stands out for budget-conscious buyers. It suits first-time purchasers seeking a foothold in the market, investors looking for a rental property with a renovated lower level, or downsizers wanting a manageable, single-level layout without a large yard to maintain. A less obvious perspective is that a smaller, more efficient lot can mean lower maintenance costs and less time spent on upkeep, which can be a significant lifestyle benefit for the right owner.

Frequently Asked Questions

1. Is the smaller lot size a disadvantage?
While the land area is below average for the street and neighbourhood, it translates to less exterior maintenance. For those not wanting extensive gardening or yard work, this can be a practical benefit.

2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, permits, and the nature of the renovations (e.g., cosmetic vs. structural).

3. Who might this property not suit?
Buyers prioritizing ample indoor space, a large yard for recreation or gardening, or those seeking a home with values consistently at or above neighbourhood averages may find this property too compact.

4. How does the assessed value compare to the last sale price?
The property was last sold in February 2016 for $21,400. The current assessed value is $26,800. This difference highlights the importance of a current market evaluation to determine its true listing and sale value.

5. There's no garage. What are the parking options?
The listing specifies no garage. Prospective buyers should verify on-site parking availability, such as a driveway, and review any municipal street parking regulations.

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.