Property score
78.4
Good
Overall 78.4 · Larger and newer than most nearby homes
1,407 sqft (top 9%) · Built in 1987 (16 yrs newer than avg)
Located in a high-income area with median household income of ~109k
Transit 82.0 · 5-min walk to transit with 7 nearby routes · Within 500m: 2 dining spots, 4 parks, 1 sports facility, and 1 fuel station nearby
Living Area
Above average
29% larger than neighborhood avg.
Year Built
Above average
16 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Buchanan sales snapshot (~80% of all data)
257
361k
$351/sqft
1971
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78.4 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: #46111093
$109K
Median household income
$147K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
23%
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
22 Optimist Way — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 324 m), 4 parks (nearest 176 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% | Top 34% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 22 Optimist Way, Buchanan
Key Characteristics & Appeal
This 1987-built, one-storey home in Buchanan sits on a 6,582 sqft lot, offering a practical layout with 1,407 sqft of living space and an attached garage. Its key appeal lies in its position as a solid, value-conscious offering within its wider community. While the home's footprint is more modest compared to some immediate neighbors on Optimist Way, it holds distinct advantages in the broader Buchanan area, where it ranks well above average for year built and living space. The renovated basement adds functional, modernized space.
This property would suit first-time buyers or practical downsizers looking for a manageable single-level home in an established neighborhood without a premium price tag. It’s a home that offers more room and a newer build date than many in the wider area, representing a smart compromise for those who prioritize community value over having the largest house on the block. The above-average lot size for Winnipeg also provides good outdoor potential.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is above average for the Buchanan neighborhood but below the average for Optimist Way itself. This suggests you’re getting a well-priced property in a potentially desirable local pocket.
2. Is the living space sufficient for a family?
With 1,407 sqft plus a renovated basement, the home provides functional space. It’s smaller than some on its street but larger than the typical Buchanan home, making it suitable for a small to medium-sized family or those who value efficient design over vast square footage.
3. What does the lot size mean for me?
At 6,582 sqft, the lot is above the Winnipeg average, offering good yard space. However, it’s below the average for Optimist Way. This means you still get a generous outdoor area, but your immediate neighbors may have larger lots.
4. The home was built in 1987. What should I consider?
A 1987 build is newer than most homes in Winnipeg and significantly newer than the average in Buchanan. This is a positive, but it still places the home in an age range where key components like the roof, windows, and major systems should be inspected for their remaining lifespan and updates.
5. Why is there such a difference between the 2017 sale price and the current assessed value?
The 2017 sale price of $32.10k and the current assessed value of $40.20k reflect market changes and possible improvements (like the basement renovation). It’s essential to have a current market appraisal, as assessed value for taxation purposes doesn't always equal market value.
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