Property score
47.7
Below average
Overall 47.7 · Smaller and older than most nearby homes
689 sqft (bottom 1%) · 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
37% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
47.7 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
620 Buchanan Boulevard — 21 amenities found within 500 m, across 7 categories, including 9 dining (nearest 46 m), 1 healthcare (nearest 225 m), 3 shopping (nearest 344 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 11% | Bottom 7% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 620 Buchanan Boulevard
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1954, situated on a generously sized lot of over 6,000 square feet. Its key features include a renovated basement and the absence of a garage or pool. The living space is compact at 689 square feet, making it one of the smaller homes in the Buchanan area.
The primary appeal lies in its land value and potential. The lot size is above average city-wide, offering room for expansion, gardening, or future development, subject to local regulations. The recently renovated basement adds functional living space, which is a significant asset given the home's smaller main floor footprint. With a historically low assessed value and sale price, it presents a notable entry point into the Winnipeg market.
This property would best suit a pragmatic buyer, such as a first-time investor looking for a land-hold opportunity, a hands-on owner willing to live in a cozy space while planning a future build, or someone seeking minimal property taxes relative to lot size. It’s less suited for those requiring immediate move-in-ready, spacious accommodations or attached vehicle storage.
Section 2: Frequently Asked Questions
1. Is this a teardown property?
While the home is smaller and older than most in the area, it is a functional dwelling with a renovated basement. Its value is significantly weighted toward the land, making it a candidate for eventual redevelopment, but it is not strictly a teardown in its current state.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's specific characteristics: a very small living area for a single-family home, its age, and the lack of features like a garage. It is assessed based on its current state and utility, not just its land value.
3. What does the "renovated basement" entail?
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, the basement's finish, and its compliance with local codes.
4. How does the lack of a garage impact daily living and value?
The absence of a garage means relying on street parking and provides no enclosed storage or workshop space. This is a practical consideration for vehicle owners and affects the property's appeal compared to others that include one.
5. The lot is large, but what are the restrictions on using it?
Any plans for additions, outbuildings, or new construction would require checking with the City of Winnipeg’s zoning bylaws for the Buchanan area. This includes regulations on setbacks, lot coverage, and permissible structure types.
