Property score
51.1
Fair
Overall 51.1 · Smaller and older than most nearby homes
720 sqft (bottom 2%) · Built in 1956 (15 yrs older than avg)
Located in a above-average income area with median household income of ~86k
Transit 100.0 · 2-min walk to transit with 7 nearby routes · Within 500m: 9 dining spots, 1 school, 1 healthcare facility, and 3 shops nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Below average
15 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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51.1 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: #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
644 Buchanan Boulevard — 22 amenities found within 500 m, across 8 categories, including 9 dining (nearest 137 m), 1 education (nearest 469 m), 1 healthcare (nearest 195 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 10% | Bottom 7% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This 1956 one-storey home at 644 Buchanan Boulevard presents a specific and compelling opportunity. Its key characteristic is a significant imbalance between a modest 720 sqft living area and a generous 6,049 sqft lot, placing the land size well above the city average. The home itself is notably smaller and older than most in its immediate area and across Winnipeg, which is reflected in its well-below-average assessed value.
The primary appeal lies in the land itself. This property is a clear candidate for renovation, expansion, or eventual redevelopment, offering a blank canvas on a sizable, established lot in Buchanan. It would perfectly suit a buyer looking for a value-entry point into the neighbourhood—whether a handy person seeking a project to customize, an investor considering a build-to-rent or future teardown, or someone content with a small, efficient footprint who desires ample outdoor space. It’s a property bought more for its potential and location than for its current condition.
Frequently Asked Questions
1. Is this a "teardown" property?
While the existing home is small and dated, it is still a functional dwelling. The decision to renovate, expand, or rebuild would depend entirely on the new owner's goals, budget, and the feasibility of modernizing the current structure versus starting anew.
2. Why is the assessed value so much lower than the city average?
The assessment heavily reflects the current state and size of the home itself. The low value indicates the municipality views the existing structure as having limited market value, which is typical for older, smaller homes on lots with higher redevelopment potential.
3. What are the main considerations for expanding the existing home?
Key factors would include a structural assessment of the 1956 foundation and framework, current zoning bylaws governing lot coverage and setbacks on the large lot, and the cost comparison between a major addition versus new construction.
4. Who would this property not suit?
It is not a match for buyers seeking a move-in-ready, modern, or spacious home without immediate renovation plans. It also may not appeal to those uncomfortable with a property that ranks significantly below neighbourhood averages in terms of living space and year built.
5. Does the large lot size come with any obligations or challenges?
A larger lot means more outdoor maintenance. However, it also provides flexibility for landscaping, gardening, adding a detached workshop or larger garage, and offers greater privacy and distance from neighbours compared to standard-sized lots.
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