Property score
75.9
Good
Overall 75.9 · Larger and newer than most nearby homes
1,230 sqft (top 20%) · Built in 1987 (16 yrs newer than avg)
Located in a high-income area with median household income of ~109k
Transit 76.0 · 7-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 3 parks, 1 sports facility, and 1 fuel station nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Above average
16 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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75.9 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
70 Optimist Way — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 482 m), 3 parks (nearest 125 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 25% | Top 16% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 70 Optimist Way, Winnipeg
Key Characteristics & Appeal
This one-storey home in Buchanan presents a practical opportunity centered on its generous 8,411 sqft lot, which is notably larger than most in both the immediate area and citywide. Built in 1987, the house itself is a manageable 1,230 sqft with a renovated basement and an attached garage. Its appeal lies in a clear value proposition: you are primarily investing in land and location within a well-regarded neighbourhood, with the home offering functional, updated living space. The assessed value is strong for Buchanan, suggesting the property is well-positioned within its market.
This property would suit a buyer who values outdoor space and future potential over sheer interior square footage. It’s ideal for a first-time buyer or downsizer looking for a solid, single-level home in a mature neighbourhood without a premium price tag. A thoughtful perspective is that while the living area is modest for the street, the significant lot size offers privacy, room for gardens or expansion, and a tangible asset that is increasingly rare. It’s a home for someone who sees the yard as an additional "room" and values the long-term stability of a land-rich property in a prime area.
Frequently Asked Questions
Q: How does the lot size compare to nearby properties?
A: The lot is a key feature. At 8,411 sqft, it is larger than the average for Buchanan (Top 7% in the area) and significantly larger than the Winnipeg average, offering substantial outdoor space.
Q: The living area seems smaller than some neighbours. Is the house too small?
A: The living area is 1,230 sqft, which is indeed more compact than some direct neighbours but is close to the city average. When combined with the renovated basement and large lot, it provides a balanced layout for efficient living with ample room to expand outdoors.
Q: What does the assessed value tell me about this property?
A: The assessed value of $42.10k ranks highly within Buchanan (Top 10%), indicating that for this neighbourhood, the property is considered above average in value. This often reflects the desirable lot and the renovated condition.
Q: Is the 1987 build date a concern?
A: Not necessarily. At 39 years old, it is newer than many homes in Winnipeg and is around the average for its street. This age typically means modern construction standards without the immediate maintenance concerns of much older homes, though a standard inspection is always advised.
Q: Who would this property not suit?
A: It may not suit buyers seeking a large, multi-level interior footprint as a primary feature, or those who prefer a low-maintenance, small yard. The value here is in the land and location, appealing to those with a longer-term view.
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