70.1
Good
Property score
70.1
Good
Overall 70.1
Newer than most nearby homes
1,040 sqft (top 48%)
Built in 1985 (14 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: 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
5% smaller than neighborhood avg.
Year Built
Above average
14 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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70.1 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
643 Hamilton Avenue — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 325 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 | Top 16% | Top 17% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 643 Hamilton Avenue, Winnipeg
Key Characteristics & Appeal
This bi-level home at 643 Hamilton Avenue in Buchanan presents a compelling opportunity centered on its land and location. The property’s most standout feature is its generous 7,758 sqft lot, which ranks within the top 8% on its street and top 11% in the neighbourhood. This offers significant outdoor space and potential relative to many area homes. Built in 1985, the house is newer than most comparable properties in its immediate area and across Winnipeg, suggesting potentially fewer concerns with aging core components. The home features a renovated basement, adding valuable finished living space to the 1,040 sqft main living area.
Its appeal lies in this combination of a sizable, above-average lot with a home that has seen some updates. It suits a practical buyer looking for room to grow, garden, or simply enjoy more private outdoor space without moving to the outskirts. It would also suit an investor or homeowner who values a property where a significant portion of the value is tied to the land itself in an established neighbourhood. The recent sale price indicates it is positioned as an accessible entry point into the market, offering more land than typically found at this price point.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing notes the basement is renovated but does not specify the scope. A buyer should inquire about the finishes, permits, and the nature of the renovation (e.g., cosmetic updates, structural, moisture management) to understand its quality and value.
2. How does the lack of a garage affect daily living and value?
The property has no garage, which is common for many older neighbourhoods. Buyers should consider the street parking situation, the potential to add a shed or carport, and how this aligns with their lifestyle, especially during Winnipeg winters.
3. The assessed value is significantly lower than the recent sale price. Why?
Municipal assessed value for taxation purposes often lags behind current market values and is calculated using mass appraisal techniques. The sale price reflects what a buyer recently paid in the open market, which is considered the true market value.
4. The living area is noted as "around average." Is the home small?
At 1,040 sqft, the living area is typical for many bi-level homes in Buchanan. The renovated basement effectively increases the usable space. The trade-off is that the property offers more land than indoor square footage, which may be preferable for some.
5. What is the neighbourhood (Buchanan) like?
Buchanan is an established neighbourhood in Winnipeg. The data shows homes here have average living areas and values, but this property stands out for its larger lot size and newer build year, offering a slight edge within the community.
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