63.5
Fair
Property score
63.5
Fair
Overall 63.5
Newer than most nearby homes
1,096 sqft (top 38%)
Built in 1973 (2 yrs newer than avg)
Located in a high-income area
with median household income of ~109k
Transit 74.0
5-min walk to transit with 2 nearby routes
Within 500m: 1 school, 2 parks, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
0% larger than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Buchanan sales snapshot (~80% of all data)
257
361k
$351/sqft
1971
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63.5 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: #46111093
$109K
Median household income
$147K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
23%
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
631 Hamilton Avenue — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 485 m), 2 parks (nearest 266 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 47% | Bottom 40% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 631 Hamilton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1973-built, four-level split home in Buchanan presents a practical opportunity. With 1,096 sqft of living space on a 3,358 sqft lot, its key metrics are consistently "around average" for its immediate street and neighbourhood, suggesting it fits comfortably within the local context without standing out. The home has an unrenovated basement and no garage.
Its primary appeal lies in its position as an affordable entry point into the Winnipeg market, evidenced by its recent sale price and assessed value being notably below city-wide averages. This is a property for a buyer comfortable with a home that offers functional space but requires personalization. It would suit a first-time buyer, an investor looking for a rental property, or a hands-on owner who sees potential in a solid, no-frills structure and prefers to tailor updates to their own taste and budget over time. A less obvious perspective is that its very "averageness" on the street could be a stability advantage, insulating it from dramatic value shifts, while its below-average price for the city offers a tangible value proposition.
Section 2: Frequently Asked Questions
1. What does "four-level split" mean for daily living?
This style typically features short flights of stairs separating living, sleeping, and utility areas. It offers good separation of space, but may not suit those looking for single-level living or open-concept layouts.
2. How significant is the "unrenovated basement"?
This indicates the basement is in original or functional condition, but not modernized. It represents both a cost-saving on the purchase price and a future opportunity (or project) to add value and living space according to your needs.
3. The assessed value seems low compared to the sale price. Why?
Municipal assessed value for taxation purposes often lags behind current market values and is calculated using a specific formula. The recent sale price of $280k is the clearer indicator of its current market worth.
4. What are the implications of having no garage?
Parking will be limited to driveway or street. This is a common feature in many older neighbourhoods and factors into the home's affordability, but it's important to consider for vehicle storage and winter conditions.
5. How does this property compare to others in Buchanan?
The data shows this home is below average in price and assessed value for the wider Buchanan neighbourhood. This suggests you are purchasing in a more affordable pocket of the area, which could mean greater potential for equity growth as you improve the property.
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