658 Buchanan Boulevard

Buchanan, Winnipeg

Property score

47.0

Below average

Overall 47.0 · Smaller and older than most nearby homes

672 sqft (bottom 1%) · Built in 1947 (24 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, 2 schools, 1 healthcare facility, and 4 shops nearby

Living Area

Below average

38% smaller than neighborhood avg.

Year Built

Below average

24 yrs older than neighborhood avg.

Mother tongue

English · 82%Tagalog · 3%

Past 10 years Buchanan sales snapshot (~80% of all data)

Sold Count

257

Median price

361k

$/sqft

$351/sqft

Avg build year

1971

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Property score

47.0 is composed by the two sections below.

Property Score

30.7Low
Living Area672 sqft15Low
Year Built194730Low
Lot Size6,050 sqft81Excellent
Neighbourhood Sales Activity71Good

Community Score

71.5Good
Household Income79Good
Education Level34Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health52Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110310

Community deep dive

$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

Population, labour & age

Population (2021)630
Labour force participation rate52%
Median age44.8
Avg household size2.5
Unemployment rate6%
Population density3315 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households20%
Couple families with children25%
Median household income (2020)$86K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$290K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority10%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
672 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 2%
Same street · Buchanan Boulevard
#207 / 208
Bottom 1% · Avg 1,077 sqft
Same area · Buchanan
#834 / 840
Bottom 1% · Avg 1,092 sqft
Citywide · Winnipeg
#189,625 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

below average
214k
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 10%
Same street · Buchanan Boulevard
#204 / 208
Bottom 2% · Avg 298.5k
Same area · Buchanan
#828 / 840
Bottom 1% · Avg 328.4k
Citywide · Winnipeg
#174,457 / 194,458
Bottom 10% · Avg 390.1k

Year Built

below average
1947
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 24%

Lot Size

above average
6,050 sqft
0255075100
Same streetTop 22%Same areaTop 40%CitywideTop 29%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

658 Buchanan Boulevard — 25 amenities found within 500 m, across 8 categories, including 9 dining (nearest 176 m), 2 education (nearest 432 m), 1 healthcare (nearest 195 m).

Search radius
🍽️Dining9
🏫Education2
🏥Healthcare1
🛒Shopping4
🌳Parks4
💪Sports1
🏦Finance1
Fuel Stations3

Crime & Safety

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%

Sales History

Sold 12/2020CA$150k–200k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 658 Buchanan Boulevard, Winnipeg

Property Summary: 658 Buchanan Boulevard

Section 1: Key Characteristics & Appeal

This is a modest, one-storey home built in 1947, sitting on a generously sized lot of over 6,000 square feet. Its key characteristics are defined by clear contrasts: the living space is quite compact at 672 square feet, but the property's land area is notably larger than many of its immediate neighbours and city-wide averages. It features a detached garage.

The primary appeal lies in its land value and potential. The lot size is a significant asset in its area, offering space for gardening, expansion, or future redevelopment. The very low assessed value reflects its age and size, suggesting an accessible entry point into the market. This property would suit a specific type of buyer: a land investor, a handy individual or couple looking for a minimalist footprint with room to grow outdoors, or a builder seeing the underlying value in the parcel itself rather than the existing structure. It’s less suited for those seeking move-in-ready space or modern amenities without a renovation project.

A thoughtful perspective is that this home represents a pure value proposition on a per-square-foot-of-land basis. Its appeal isn't in its current condition, but in the opportunity it presents—whether for a tailored renovation that respects the lot's size or as a long-term land hold in a mature neighbourhood.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the last sale price?
The assessed value is for taxation purposes and is typically based on mass appraisal models and older data. The sale price reflects the current market value, which in this case is significantly influenced by the desirable lot size, not just the small existing home.

2. Is the house in livable condition?
The listing does not specify the interior condition. Given the age, size, and assessed value, prospective buyers should budget for updates or repairs and are strongly advised to conduct a thorough inspection.

3. What can be built on a lot of this size?
This depends on local zoning bylaws. The large lot offers more flexibility than standard parcels, but any new construction or major addition would require checking with the city regarding setbacks, floor area ratios, and permitted building types.

4. How does the lot size compare practically?
At 6,050 sq. ft., the lot is approximately 33% larger than the average for the immediate street. This translates to more usable yard space, greater distance from neighbours, and potentially a larger driveway or area for a garden shed or workshop.

5. Are the utility costs likely to be high for a home this age?
Without details on recent updates, it's reasonable to assume that systems like heating, plumbing, and insulation may be original or older, which can lead to higher utility costs compared to a newer, more efficient home. This is a key factor to investigate.

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