705 Stewart Street

Buchanan, Winnipeg

Property score

67.7

Good

Overall 67.7 · Larger but older than most nearby homes

1,285 sqft (top 14%) · Built in 1963 (8 yrs older than avg)

Located in a high-income area with median household income of ~88k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 9 dining spots, 2 schools, 1 healthcare facility, and 3 shops nearby

Living Area

Above average

18% larger than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 83%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

67.7 is composed by the two sections below.

Property Score

62.4Fair
Living Area1,285 sqft66Good
Year Built196346Low
Lot Size5,154 sqft67Good
Neighbourhood Sales Activity71Good

Community Score

75.6Good
Household Income80Excellent
Education Level44Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110309

Community deep dive

$88K

Median household income

$90K

Average household income

13%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

15%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)472
Labour force participation rate59%
Median age35.6
Avg household size2.9
Unemployment rate4%
Population density3933 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households15%
Couple families with children34%
Median household income (2020)$88K

Housing

Renter households24%
Condominium dwellings6%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority13%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

above average
1,285 sqft
0255075100
Same streetTop 6%Same areaTop 14%CitywideTop 43%
Same street · Stewart Street
#8 / 145
Top 6% · Avg 1,070 sqft
Same area · Buchanan
#115 / 840
Top 14% · Avg 1,092 sqft
Citywide · Winnipeg
#82,902 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

above average
342k
0255075100
Same streetTop 17%Same areaTop 30%CitywideBottom 43%
Same street · Stewart Street
#25 / 145
Top 17% · Avg 308.4k
Same area · Buchanan
#249 / 840
Top 30% · Avg 328.4k
Citywide · Winnipeg
#110,124 / 194,458
Bottom 43% · Avg 390.1k

Year Built

around average
1963
0255075100
Same streetTop 35%Same areaBottom 23%CitywideBottom 45%

Lot Size

above average
5,154 sqft
0255075100
Same streetTop 30%Same areaBottom 39%CitywideBottom 49%

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

705 Stewart Street — 25 amenities found within 500 m, across 8 categories, including 9 dining (nearest 329 m), 2 education (nearest 287 m), 1 healthcare (nearest 296 m).

Search radius
🍽️Dining9
🏫Education2
🏥Healthcare1
🛒Shopping3
🌳Parks5
💪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 2/2025CA$400k–450k
Sold price

Same street

Top 5%

Same area

Top 8%

City-wide

Top 30%

Related homes

Highlights & common questions: 705 Stewart Street, Winnipeg

Property Overview: 705 Stewart Street, Winnipeg

Key Characteristics & Appeal

This is a well-situated, renovated one-storey home in the Buchanan neighbourhood, built in 1963. Its primary appeal lies in a combination of above-average living space and a recently updated basement, all on a solid, standard-sized lot. At 1,285 sqft, the living area is notably larger than most comparable homes on its street and in the immediate area, offering more interior room than one might expect from its exterior. The renovated basement adds functional, modern space, increasing the home's utility.

The property suits practical buyers looking for a move-in-ready foundation with room to grow. It’s ideal for a first-time homeowner who values more interior space over a massive yard, or for downsizers seeking a manageable single-level layout without sacrificing room for guests or hobbies. The detached garage offers flexibility for parking, storage, or a workshop. From an investment perspective, the home’s assessed value ranks well above average for its local area, suggesting it is positioned solidly within its market context. The recent sale price indicates strong buyer interest.


Frequently Asked Questions

1. How does the lot size compare to others?
The land area of 5,154 sqft is above average for Stewart Street itself, placing it in the top 30% of similar properties on the street. Within the broader Buchanan neighbourhood and citywide, it is very close to the typical average.

2. The home was built in 1963. What should I consider?
While the building age is typical for the street, the key feature is the renovated basement, which addresses a major modernization need. Buyers should still ensure that core components like the roof, windows, and major systems have been appropriately maintained or updated over time.

3. Is the living space truly larger than similar homes?
Yes. The 1,285 sqft of living area ranks in the top 6% on Stewart Street and the top 14% in Buchanan, meaning it offers significantly more interior space than most direct comparables in the vicinity.

4. What does the assessed value tell me?
The assessed value of $34,200 is above the local averages for both the street and the Buchanan area. It’s important to note that the recent sale price of $41,500 reflects the current market value, which can differ from the assessed value used for taxation purposes.

5. Who would this property suit best?
This home is an excellent fit for buyers prioritizing interior space and modernized finishes over a new build. Its single-storey layout and renovated basement appeal to those seeking convenience and move-in readiness, from young families to retirees looking to downsize without feeling cramped.

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