Property score
60.0
Fair
Overall 60.0 · Newer than most nearby homes
953 sqft (bottom 31%) · Built in 1979 (8 yrs newer than avg)
Located in a high-income area with median household income of ~100k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, 3 parks, and 1 bank/ATM nearby
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 89%French · 3%
Past 10 years Buchanan sales snapshot (~80% of all data)
257
361k
$351/sqft
1971
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60.0 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: #46110306
$100K
Median household income
$104K
Average household income
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
14%
Single-person households
28%
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
197 Stradford Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 192 m), 3 parks (nearest 133 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 45% | Top 43% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 197 Stradford Street, Winnipeg
Key Characteristics & Appeal
This is a well-situated, single-storey home in Buchanan built in 1979, offering a practical and efficient layout. Its key feature is a renovated basement, adding valuable finished space to the 953 sqft main floor plan. The property sits on a just-under-average 5,498 sqft lot with a detached garage.
The appeal here is grounded in value and potential. For its area, the home is newer than many of its neighbours, which can suggest fewer immediate concerns with major aging components. The lot size, while not the largest on the street, is very manageable and typical for the Buchanan neighbourhood. This isn’t a sprawling property; it’s a straightforward home that prioritizes function over excess space. It would suit first-time buyers, downsizers, or practical investors looking for an entry into a stable area without a premium price tag. The renovated basement is a significant plus, offering flexibility for a family room, home office, or additional storage.
Frequently Asked Questions
Q: How does the property's size compare to the area?
A: The living space is comfortably average for Stradford Street and the Buchanan neighbourhood, though below the Winnipeg city average. The lot size is slightly below average for the street but aligns well with the broader area, representing a standard urban parcel.
Q: What does the assessed value indicate?
A: The assessed value is consistently around the median when compared to the street, neighbourhood, and city. This suggests the property is viewed as a typical, mid-range home for the area, not an outlier on either the high or low end.
Q: The home was built in 1979. What should I consider?
A: While newer than many Winnipeg homes, a 47-year-old house will still require due diligence. Key systems like roofing, windows, plumbing, and electrical may be original or nearing the end of their service life. The renovated basement is a positive, but the quality and permits for that work should be verified.
Q: Who might this property not suit?
A: Buyers seeking a move-in-ready home with modern, open-concept living may find the layout and era of this property less ideal. It may also be too compact for those needing multiple large bedrooms or extensive main-floor living space.
Q: What is the context of the last sale price?
A: The home sold for $30,500 in late 2017. The current assessed value is slightly higher, which is common. This sale provides a historical benchmark, but market conditions have likely evolved since then, so a current market evaluation is essential.
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