33 Downs Avenue

Buchanan, Winnipeg

Property score

62.7

Fair

Overall 62.7 · Larger than most nearby homes

1,134 sqft (top 30%) · Built in 1971

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

Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 1 school, 3 parks, and 1 sports facility nearby

Living Area

Above average

4% larger than neighborhood avg.

Year Built

Near average

0 yrs newer 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

62.7 is composed by the two sections below.

Property Score

56.9Fair
Living Area1,134 sqft60Fair
Year Built197158Fair
Lot Size3,300 sqft38Low
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

above average
1,134 sqft
0255075100
Same streetTop 13%Same areaTop 30%CitywideBottom 43%
Same street · Downs Avenue
#2 / 16
Top 13% · Avg 1,005 sqft
Same area · Buchanan
#248 / 840
Top 30% · Avg 1,092 sqft
Citywide · Winnipeg
#110,303 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

below average
262k
0255075100
Same streetBottom 6%Same areaBottom 9%CitywideBottom 20%
Same street · Downs Avenue
#15 / 16
Bottom 6% · Avg 285.9k
Same area · Buchanan
#766 / 840
Bottom 9% · Avg 328.4k
Citywide · Winnipeg
#155,622 / 194,458
Bottom 20% · Avg 390.1k

Year Built

above average
1971
0255075100
Same streetTop 6%Same areaTop 50%CitywideTop 47%

Lot Size

below average
3,300 sqft
0255075100
Same streetBottom 19%Same areaBottom 2%CitywideBottom 17%

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

33 Downs Avenue — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 431 m), 3 parks (nearest 101 m).

Search radius
🏫Education1
🌳Parks3
💪Sports1

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 11/2021CA$250k–300k
Sold price

Same street

Bottom 33%

Same area

Bottom 34%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 33 Downs Avenue, Winnipeg

Property Overview: 33 Downs Avenue, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 1971, presents a practical opportunity in Winnipeg's Buchanan neighbourhood. Its key appeal lies in its balance of space and value. With 1,134 sqft of living area, the home offers above-average interior space for both its immediate street and the wider Buchanan area, making it a relatively spacious option within its market segment. A renovated basement adds functional living space and modern appeal.

The property’s standout characteristic is its value proposition. The assessed value and recent sale price are notably below average for the area, suggesting an entry point into the neighbourhood. The lot, while smaller than many in the city, is typical for the street. This combination suits first-time buyers seeking a foothold in the market, value-conscious investors, or downsizers looking for manageable space without a premium price tag. It’s a home that prioritizes interior utility and affordability over expansive outdoor land.

Frequently Asked Questions

1. Is the smaller lot size a significant drawback?
While the land area is below the city average, it is quite typical for Downs Avenue itself. This can mean lower maintenance and yard work, which some buyers may prefer.

2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the quality of the renovation and the finish of the space.

3. Why is the assessed value so much lower than the city average?
Assessed values are relative. This home’s value is below the Winnipeg average but is competitive and actually typical for its specific local context on Downs Avenue and within Buchanan.

4. Is there potential for future value growth?
The below-average price point for the neighbourhood could provide a buffer and potential for appreciation as renovations and area development continue, but this depends on broader market conditions.

5. What should I consider about not having a garage?
The lack of a garage is a practical consideration for vehicle storage and additional storage space. Buyers should factor in the cost and feasibility of adding on-street parking permits or a future shed or carport if needed.

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