65.4
Good
Property score
65.4
Good
Overall 65.4
Newer than most nearby homes
1,108 sqft (top 35%)
Built in 1973 (2 yrs newer than avg)
Located in a high-income area
with median household income of ~100k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 school, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% 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)
257
361k
$351/sqft
1971
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65.4 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
47 Russenholt Street — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 337 m), 3 parks (nearest 373 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 9% | Bottom 45% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 47 Russenholt Street in Winnipeg's Buchanan neighbourhood presents a practical and low-maintenance living option. Its key appeal lies in its balance of a renovated basement, a detached garage, and a very manageable lot size of just over 5,000 sqft. Built in 1973, the home is notably newer than many on its street and in the wider area, which can be an advantage for systems and upkeep. With a living area of 1,108 sqft, it offers a comfortable footprint for individuals, couples, or small families.
The property’s value proposition is grounded in its data: while its physical footprint is average for the area, its newer build year stands out locally. The assessed value is modest compared to city-wide averages, suggesting a potentially accessible entry point into the market. This home would suit first-time buyers, downsizers looking for a single-level layout without a large yard to maintain, or investors seeking a straightforward rental property with recent basement updates.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement has been renovated, but specifics on finish quality, layout, and whether it includes a separate entrance or suite potential are not provided. This would be a key point for further inquiry with the seller or agent.
2. How does the low sale price from 2016 relate to today's value?
The home sold for $28,600 in 2016. The current assessed value is $33,100. This history indicates a stable, modest valuation, but the actual market price will be determined by current conditions, the renovated basement, and buyer demand.
3. Is the lot size a pro or a con?
At 5,170 sqft, the lot is smaller than the Winnipeg average. This is a pro for those seeking lower yard maintenance, but a con for buyers wanting extensive outdoor space, gardens, or future expansion. It's efficiently sized for its neighbourhood.
4. What are the implications of the home being "newer" than most on the street?
A 1973 build date is newer than many comparable homes locally. This can suggest more modern construction standards for its era and potentially less immediate concern for major age-related replacements, though a full inspection is always recommended.
5. Who are the most likely buyers for this property?
Given its single-level design, modest size, and manageable lot, it is particularly well-suited to first-time homeowners, empty-nesters downsizing, or practical buyers who prioritize function and recent updates (like the basement) over sheer square footage.
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