59.0
Fair
Property score
59.0
Fair
Overall 59.0
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 ~100k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 school, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Above average
2 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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59.0 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
2 Russenholt Street — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 220 m), 5 parks (nearest 284 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 1% | Bottom 21% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This bi-level home at 2 Russenholt Street presents a specific and compelling value proposition. Built in 1973, it sits on a well-sized lot that is above average for its immediate street. The home’s key updated feature is its renovated basement, adding functional living space. It is important to note the living area is modest compared to local averages, positioning this as a more efficient footprint. The detached garage offers flexible storage or workshop potential. Its appeal lies in being an affordable entry point into the Buchanan neighbourhood, particularly for those who prioritize land size and a renovated lower level over a large main-floor footprint. It would suit first-time buyers, investors, or downsizers looking for manageable upkeep without sacrificing outdoor space, and who see potential in a home where the foundational renovation work on the basement is already complete.
Key Details & Questions
What are the specifics of the lot and living space?
The property sits on a 5,298 sqft lot, which is notably larger than many on the same street. The living area is 924 sqft, which is compact, but the presence of a renovated basement significantly increases the usable space.
How does its value compare to the area?
The home last sold in 2019 for $250k. Its assessed value is consistently below average for its immediate street but aligns more closely with wider neighbourhood and city averages, suggesting it is priced accessibly within its micro-market.
What does the "below average" living area ranking mean practically?
This indicates the above-ground square footage is modest. Buyers should expect efficient, well-utilized rooms rather than sprawling spaces. The renovated basement is therefore a crucial asset for adding functionality.
Who might this property not suit?
It may not be ideal for those requiring extensive main-floor living space or multiple large bedrooms on one level. The bi-level layout and smaller main footprint require a practical approach to space.
Is the 1973 build date a concern?
The data shows this home is among the newest on its street. While systems like roof, windows, and heating will be age-related, its newer build date relative to immediate comparables can be an advantage over much older inventory in the city.
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