Property score
51.3
Fair
Overall 51.3 · Smaller and older than most nearby homes
752 sqft (bottom 2%) · Built in 1954 (17 yrs older than avg)
Located in a above-average income area with median household income of ~86k
Transit 100.0 · 1-min walk to transit with 7 nearby routes · Within 500m: 9 dining spots, 1 healthcare facility, 3 shops, and 3 parks nearby
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Below average
17 yrs older than neighborhood avg.
Mother tongue
English · 82%Tagalog · 3%
Past 10 years Buchanan sales snapshot (~80% of all data)
257
361k
$351/sqft
1971
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51.3 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: #46110310
$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
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
614 Buchanan Boulevard — 21 amenities found within 500 m, across 7 categories, including 9 dining (nearest 28 m), 1 healthcare (nearest 236 m), 3 shopping (nearest 355 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 23% | Bottom 17% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 614 Buchanan Boulevard
Section 1: Key Characteristics & Appeal
This is a property defined by a compelling contrast. The home itself is a modest, 752 sqft one-storey house built in 1954, with a recently renovated basement. Its living space is notably smaller than most in the immediate area and citywide. However, it sits on an exceptionally large lot of over 8,200 sqft, placing it in the top 3% for land size on Buchanan Boulevard. This creates a unique value proposition: a compact, updated living space on a sprawling, private parcel with a detached garage.
The primary appeal lies in this land potential. It perfectly suits a buyer with a vision for outdoor living, gardening, or future expansion, whether that's a significant addition, a workshop, or a dream backyard. It would also suit an investor or builder looking for a prime lot in a mature neighbourhood. The home offers a comfortable, low-maintenance footprint for a first-time buyer or downsizer, while the lot provides a rare blank canvas not found in newer subdivisions. The recent basement renovation adds modern livability, making it move-in ready while the long-term potential rests with the land.
Section 2: Frequently Asked Questions
1. Is the price reflective of the house or the land?
Given the significant disparity between the below-average living area and the top-tier lot size, the price is predominantly driven by the value of the land and its future potential, with the renovated home providing immediate utility.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finish quality, permits, and whether it includes added bedrooms, a legal suite, or simply updated living space.
3. How does the low assessed value affect property taxes?
The assessed value is significantly below the last sale price, which typically results in lower municipal property taxes than a similarly priced newer home. This is a tangible financial benefit for the current owner.
4. Is the large lot subdividable?
This is a critical question. While the lot size is generous, subdivision would depend on specific municipal zoning bylaws, minimum frontage requirements, and sewer/water access. A buyer must verify this directly with the city.
5. Why is the living area so much smaller than neighbourhood averages?
The home is a classic post-war bungalow, originally built for efficiency. Many neighbouring homes have been significantly expanded over the past 70 years, which explains the average living area for the street being much higher. This property presents that same opportunity.
