46 Russenholt Street

Buchanan, Winnipeg

58.4

Fair

Overall 58.4

Smaller but newer than most nearby homes

924 sqft (bottom 22%)

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

Below average

15% smaller 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

58.4 is composed by the two sections below.

Property Score

49.4Low
Living Area924 sqft42Low
Year Built197358Fair
Lot Size4,997 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

below average
924 sqft
0255075100
Same streetBottom 11%Same areaBottom 22%CitywideBottom 19%
Same street · Russenholt Street
#25 / 28
Bottom 11% · Avg 1,128 sqft
Same area · Buchanan
#651 / 840
Bottom 22% · Avg 1,092 sqft
Citywide · Winnipeg
#158,116 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
363k
0255075100
Same streetTop 25%Same areaTop 20%CitywideTop 49%
Same street · Russenholt Street
#7 / 28
Top 25% · Avg 346.8k
Same area · Buchanan
#167 / 840
Top 20% · Avg 328.4k
Citywide · Winnipeg
#95,830 / 194,458
Top 49% · Avg 390.1k

Year Built

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

Lot Size

around average
4,997 sqft
0255075100
Same streetBottom 4%Same areaBottom 19%CitywideBottom 44%

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

46 Russenholt Street — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 294 m), 2 parks (nearest 396 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 8/2017CA$300k–350k
Sold price

Same street

Bottom 27%

Same area

Top 40%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 46 Russenholt Street, Winnipeg

Property Overview: 46 Russenholt Street, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 46 Russenholt Street in the Buchanan neighbourhood presents a practical and value-oriented opportunity. Built in 1973, its key characteristics include a renovated basement, a detached garage, and a modest 924 sqft of living space situated on a just-under-5,000 sqft lot.

The appeal lies in its solid fundamentals and relative value. The home sits on a newer-than-average lot for its immediate street and area, and its assessed value is strong compared to local peers, suggesting a well-regarded property in its micro-market. The renovated basement adds functional living space. While the living area is compact, the layout may appeal to those seeking efficient, manageable space. The lot size, though below average for the street, is close to the citywide norm, offering a balanced yard without excessive maintenance.

This property would suit first-time buyers, downsizers, or practical investors looking for an entry into a stable neighbourhood without overpaying for square footage. It’s for the buyer who prioritizes a move-in-ready basement, a newer build date within its context, and a property that holds its value well locally over having a large interior.


Section 2: Frequently Asked Questions

1. Is the living space too small?
At 924 sqft, the living area is below average for the street, neighbourhood, and city. This indicates a compact home, best suited for individuals, couples, or small families who prioritize efficient living and lower utility costs over spacious rooms.

2. How does the lot size compare?
The land area of 4,997 sqft is smaller than most on Russenholt Street, but it is near the citywide average. This means you get a standard urban yard, but it may feel more private or constrained than others on the same block.

3. What does the "newer" build year really mean?
Built in 1973, it is the newest home on its street, which can be an advantage regarding the potential age of major components like wiring or plumbing compared to immediate neighbours. However, it is still a 50-year-old home, so a thorough inspection remains essential.

4. Why is the assessed value relatively high for the area?
The home ranks in the top 25% on its street and top 20% in Buchanan for assessed value. This often reflects desirable attributes not fully captured in basic metrics—like the renovated basement, overall condition, or the property’s specific location within the area.

5. What can the last sale price tell us?
It last sold for $310,000 in August 2017. This historical price provides a benchmark, but current value will be driven by today’s market conditions, any updates made since then, and the home’s strong comparative assessment within its immediate locale.

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