23 Downs Avenue

Buchanan, Winnipeg

Property score

59.9

Fair

Overall 59.9 · Compared with neighbourhood average

1,012 sqft (bottom 45%) · Built in 1970 (1 yr older than avg)

Located in a above-average income area with median household income of ~86k

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 shop, and 4 parks nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

1 yrs older than neighborhood avg.

Mother tongue

English · 82%Tagalog · 3%

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

59.9 is composed by the two sections below.

Property Score

52.1Fair
Living Area1,012 sqft52Fair
Year Built197052Fair
Lot Size3,520 sqft46Low
Neighbourhood Sales Activity71Good

Community Score

71.5Good
Household Income79Good
Education Level34Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46110310

Community deep dive

$86K

Median household income

$92K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

20%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)630
Labour force participation rate52%
Median age44.8
Avg household size2.5
Unemployment rate6%
Population density3315 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households20%
Couple families with children25%
Median household income (2020)$86K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$290K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority10%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

around average
1,012 sqft
0255075100
Same streetTop 31%Same areaBottom 45%CitywideBottom 27%
Same street · Downs Avenue
#5 / 16
Top 31% · Avg 1,005 sqft
Same area · Buchanan
#460 / 840
Bottom 45% · Avg 1,092 sqft
Citywide · Winnipeg
#141,321 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
274k
0255075100
Same streetBottom 44%Same areaBottom 16%CitywideBottom 23%
Same street · Downs Avenue
#9 / 16
Bottom 44% · Avg 285.9k
Same area · Buchanan
#709 / 840
Bottom 16% · Avg 328.4k
Citywide · Winnipeg
#150,265 / 194,458
Bottom 23% · Avg 390.1k

Year Built

around average
1970
0255075100
Same streetTop 44%Same areaBottom 38%CitywideTop 48%

Lot Size

above average
3,520 sqft
0255075100
Same streetTop 25%Same areaBottom 6%CitywideBottom 19%

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

23 Downs Avenue — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 386 m), 1 shopping (nearest 491 m), 4 parks (nearest 122 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks4

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 9/2022CA$300k–350k
Sold price

Same street

Top 33%

Same area

Top 40%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 23 Downs Avenue, Winnipeg

Property Overview: 23 Downs Avenue, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This one-storey home on a 3,520 sqft lot presents a straightforward, low-maintenance living option. Its key characteristic is a recently renovated basement, adding valuable modernized space to the 1,012 sqft main floor. Built in 1970, the home is typical for its immediate street but sits on a lot that is larger than most in the Downs Avenue area, offering above-average outdoor space for the block.

The appeal lies in its position as a solid, unpretentious property within its community. It’s not the largest or newest home, but it offers recent updates (the basement) and a decent lot size for the neighbourhood. The sale history shows it sold for $310,000 in 2022, a price that was above average for the street but around the middle range for the wider Buchanan area and Winnipeg overall, suggesting it’s perceived as a fair-value proposition.

This home would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established neighbourhood. It’s also a practical fit for an investor or buyer who values a renovated basement for extra living space or rental potential and prefers a home that doesn’t require immediate major updates.


Frequently Asked Questions

1. How does the lot size compare to others?
The 3,520 sqft lot is in the top 25% for size on Downs Avenue itself, meaning it's larger than most direct neighbours. However, compared to the broader Buchanan area and Winnipeg city-wide, the lot is below average in size.

2. What does the "renovated basement" include?
The listing confirms the basement has been renovated but does not specify the scope or finishes. A viewing or inquiry with the listing agent is necessary to determine the quality of the renovation, whether it includes a legal suite, and what permits were obtained.

3. Is the 2022 sale price a good indicator of current value?
The $310,000 sale price from September 2022 was above average for the street at that time. Current market conditions, further updates to the home, and recent comparable sales in Buchanan would all influence its present value.

4. There's no garage. Is street parking readily available?
The listing notes there is no garage. Prospective buyers should visit the street at different times to assess on-street parking availability, as this can vary significantly in established neighbourhoods.

5. The assessed value seems low. Why is that?
The $27,400 assessed value is for municipal tax purposes only and is not a market valuation. It is consistently below average for both the neighbourhood and city, which may result in relatively lower property taxes, but the market sale price is determined by buyer demand.

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