42 Russenholt Street

Buchanan, Winnipeg

68.8

Good

Overall 68.8

Larger and newer than most nearby homes

1,374 sqft (top 10%)

Built in 1973 (2 yrs newer than avg)

Located in a high-income area

with median household income of ~100k

Transit 80.0

4-min walk to transit with 3 nearby routes

Within 500m: 1 school, and 2 parks nearby

Living Area

Above average

26% larger 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)

Sold Count

257

Median price

361k

$/sqft

$351/sqft

Avg build year

1971

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Property score

68.8 is composed by the two sections below.

Property Score

66.8Good
Living Area1,374 sqft71Good
Year Built197358Fair
Lot Size4,998 sqft60Fair
Neighbourhood Sales Activity71Good

Community Score

71.8Good
Household Income85Excellent
Education Level34Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health42Low

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: #46110306

Community deep dive

$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

Population, labour & age

Population (2021)352
Labour force participation rate56%
Median age46.0
Avg household size2.5
Unemployment rate15%
Population density26 / km²

Households & income

Low income (LIM-AT, % pop.)
Single-person households14%
Couple families with children28%
Median household income (2020)$100K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority14%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 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
1,374 sqft
0255075100
Same streetTop 7%Same areaTop 10%CitywideTop 37%
Same street · Russenholt Street
#2 / 28
Top 7% · Avg 1,128 sqft
Same area · Buchanan
#84 / 840
Top 10% · Avg 1,092 sqft
Citywide · Winnipeg
#71,951 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
350k
0255075100
Same streetTop 36%Same areaTop 26%CitywideBottom 46%
Same street · Russenholt Street
#10 / 28
Top 36% · Avg 346.8k
Same area · Buchanan
#215 / 840
Top 26% · Avg 328.4k
Citywide · Winnipeg
#104,540 / 194,458
Bottom 46% · Avg 390.1k

Year Built

Elite
1973
0255075100
Same streetTop 4%Same areaTop 28%CitywideTop 43%

Lot Size

around average
4,998 sqft
0255075100
Same streetBottom 39%Same areaBottom 21%CitywideBottom 45%

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

42 Russenholt Street — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 284 m), 2 parks (nearest 384 m).

Search radius
🏫Education1
🌳Parks2

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 1/2024CA$350k–400k
Sold price

Same street

Top 45%

Same area

Top 19%

City-wide

Top 43%

Related homes

Highlights & common questions: 42 Russenholt Street, Winnipeg

Property Overview: 42 Russenholt Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Buchanan presents a solid, move-in-ready opportunity. Its key features include a renovated basement, a detached garage, and a generous 4,998 sqft lot. Built in 1973, the house is notably newer than many in its immediate area and offers above-average living space for the neighbourhood at 1,374 sqft.

The primary appeal lies in its balanced and established nature. The home isn't an outlier in any single category but performs consistently well across the board, particularly within its local context. It sits on a street of similar-era homes, in a neighbourhood where it ranks well for both size and age. The recent sale price of $360k aligns with its assessed value, suggesting a transparent and stable market valuation. This property would suit practical buyers looking for a comfortable, low-drama home in a mature area—think first-time homeowners, small families, or downsizers seeking single-level living without a premium price tag. It’s a home that offers more space and newer construction than many of its direct neighbours, providing a subtle edge in an otherwise typical setting.

Section 2: Frequently Asked Questions

1. How does the lot size compare?
At just under 5,000 sqft, the lot is around the average size for Russenholt Street and slightly below the average for the wider Buchanan area. It provides ample outdoor space for a garden or recreation without the extensive maintenance of a much larger yard.

2. Is the house notably old or new for the area?
Quite the opposite. With a 1973 build year, this home is among the newest on its street (ranking in the top 4%) and is above average for the Buchanan neighbourhood. This can be an advantage for systems, layout, and potential renovation costs.

3. What does the "above average" living area mean for the neighbourhood?
The living area of 1,374 sqft is in the top 10% for Buchanan, meaning it offers more interior space than most comparable homes in the immediate area. This is a significant point of value for the property.

4. How does the recent sale price relate to its assessed value?
The home sold for $360,000 in January 2024, which is very close to its $350,000 assessed value. This close alignment indicates the sale was in line with the city’s valuation and recent market conditions, with no major premium or discount.

5. What is the context for the $360k sale price citywide?
For the entire city of Winnipeg, this sale price falls almost exactly at the median (top 50%). This positions the home as a mid-range property city-wide, but one that offers above-average characteristics within its more specific local market of Buchanan.

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