65.3
Good
Property score
65.3
Good
Overall 65.3
Smaller but newer than most nearby homes
945 sqft (bottom 25%)
Built in 1975 (4 yrs newer than avg)
Located in a high-income area
with median household income of ~109k
Transit 64.0
7-min walk to transit with 2 nearby routes
Within 500m: 2 parks, 1 sports facility, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Above average
4 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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65.3 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: #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
657 Hamilton Avenue — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 378 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 16% | 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
This home at 657 Hamilton Avenue presents a distinct value proposition centered on its land. The key feature is the exceptionally large, 13,847 sqft lot, which places it in the top 2% of properties on its street and the top 1% within the Buchanan neighbourhood. The house itself is a modestly sized, one-storey home built in 1975, featuring a renovated basement and a detached garage. While the living space is below average for the area, the assessed value is strong for the street, suggesting the premium is in the land itself.
Its appeal lies in a rare combination: a lower-maintenance, updated single-level home on a parcel of land far larger than typical offerings. This suits buyers looking for a solid footprint in a established neighbourhood, with the future potential to expand the home, create extensive outdoor living spaces, or simply enjoy significant private yard space. It’s a practical choice for those who value land over square footage, or for an investor or builder who sees the underlying value in the lot.
Frequently Asked Questions
Q: The house seems small for the neighbourhood. What am I really paying for?
A: You are primarily investing in the land. The lot size is among the largest in Buchanan, offering privacy, space for gardens, recreation, or future expansion that is very hard to find in mature neighbourhoods.
Q: How does the renovated basement add value?
A: It effectively adds functional living space to the smaller main floor, potentially creating room for a family room, home office, or additional bedrooms, which makes the overall package more livable.
Q: The last sale was in 2016 for $240k, but the assessed value is now $310k. What does this mean?
A: It indicates strong market appreciation over that period, particularly in the value of the land. The assessment supports a current market value significantly higher than the previous purchase price.
Q: Who would this property not suit?
A: It may not suit buyers seeking a large, move-in-ready home with ample finished square footage on the main floor. The value here requires a vision for the land or a preference for a more compact home layout.
Q: The detached garage is noted. Is this a major benefit?
A: Yes, especially on a large lot. It provides excellent storage, workshop space, or parking separate from the house, and its location offers flexibility for future landscaping or building projects without losing a garage.
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