Property score
64.2
Fair
Overall 64.2 · Newer than most nearby homes
1,088 sqft (top 40%) · Built in 1975 (4 yrs newer than avg)
Located in a high-income area with median household income of ~100k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby
Living Area
Near average
0% smaller than neighborhood avg.
Year Built
Above average
4 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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64.2 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
261 Stradford Street — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 138 m), 2 parks (nearest 246 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 14% | Bottom 23% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 261 Stradford Street, Winnipeg
Section 1: Key Characteristics & Appeal
This single-storey home in the Buchanan neighbourhood sits on a notably spacious, 6,596 sqft lot—larger than most citywide. Built in 1975, its key feature is a renovated basement, adding valuable finished space to the 1,088 sqft main living area. The property presents as a practical, no-frills opportunity with a very low last sale price and assessed value compared to broader Winnipeg averages.
Its primary appeal lies in its land value and renovation potential. The large lot offers room for expansion, gardening, or outdoor living, which is increasingly rare. The renovated basement provides immediate functional space without that project cost. This home would best suit value-focused buyers, such as first-time homeowners comfortable with a property that needs cosmetic updates, or investors looking for a land-hold or rental opportunity in a stable, established area. It’s a straightforward property where the value is grounded more in the asset (the land and the solid structure) than in current finishes.
Section 2: Frequently Asked Questions
1. What does "renovated basement" likely mean here?
Given the home's age and value context, this typically indicates essential updates have been made, such as moisture control, proper egress, and finished living space. It’s wise to verify the scope, permits, and quality of the renovation during a viewing.
2. How does the lot size compare practically?
The lot is in the top 21% citywide for size. This means more private outdoor space than the typical Winnipeg home, offering potential for additions, a large garage, or simply a more generous yard.
3. The last sale price seems very low. Why?
The 2018 sale price was significantly below average for the street and city. This can happen for various reasons, including property condition at the time or a non-arms-length sale. It underscores the importance of a current appraisal and home inspection to determine today's market value.
4. Who is the typical buyer in this area?
Buchanan attracts a mix of long-term residents and practical buyers seeking affordability within Winnipeg. The area offers community familiarity and larger lot sizes compared to newer subdivisions.
5. What are the immediate costs or projects to anticipate?
As a home from the 1970s, even with a renovated basement, budgeting for updates to major systems (like roofing, plumbing, or windows) and interior cosmetics is prudent. The lack of a garage may also be a consideration for some buyers.
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