706 Stewart Street

Buchanan, Winnipeg

62.3

Fair

Overall 62.3

Older than most nearby homes

1,014 sqft (bottom 48%)

Built in 1960 (11 yrs older than avg)

Located in a high-income area

with median household income of ~88k

Transit 86.0

2-min walk to transit with 4 nearby routes

Within 500m: 8 dining spots, 2 schools, 1 healthcare facility, and 3 shops nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

11 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

62.3 is composed by the two sections below.

Property Score

53.4Fair
Living Area1,014 sqft52Fair
Year Built196043Low
Lot Size5,146 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

around average
1,014 sqft
0255075100
Same streetBottom 40%Same areaBottom 48%CitywideBottom 28%
Same street · Stewart Street
#87 / 145
Bottom 40% · Avg 1,070 sqft
Same area · Buchanan
#435 / 840
Bottom 48% · Avg 1,092 sqft
Citywide · Winnipeg
#140,680 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
300k
0255075100
Same streetBottom 39%Same areaBottom 34%CitywideBottom 29%
Same street · Stewart Street
#89 / 145
Bottom 39% · Avg 308.4k
Same area · Buchanan
#555 / 840
Bottom 34% · Avg 328.4k
Citywide · Winnipeg
#137,607 / 194,458
Bottom 29% · Avg 390.1k

Year Built

around average
1960
0255075100
Same streetBottom 14%Same areaBottom 9%CitywideBottom 42%

Lot Size

around average
5,146 sqft
0255075100
Same streetBottom 23%Same areaBottom 30%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

706 Stewart Street — 23 amenities found within 500 m, across 8 categories, including 8 dining (nearest 363 m), 2 education (nearest 308 m), 1 healthcare (nearest 342 m).

Search radius
🍽️Dining8
🏫Education2
🏥Healthcare1
🛒Shopping3
🌳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 11/2024CA$350k–400k
Sold price

Same street

Top 27%

Same area

Top 19%

City-wide

Top 43%

Related homes

Highlights & common questions: 706 Stewart Street, Winnipeg

Property Overview: 706 Stewart Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Buchanan presents a practical and value-conscious opportunity. Built in 1960, it sits on a standard 5,146 sqft lot and offers 1,014 sqft of living space. A key feature is its renovated basement, adding functional space, and it includes a detached garage. The home’s appeal lies in its solid positioning within a mature neighbourhood. Market data shows its recent sale price performed notably above average for both the immediate street and the wider Buchanan area, suggesting it was a competitively sought-after property. This isn't a sprawling estate, but a grounded, manageable home.

It would suit first-time buyers or downsizers looking for a move-in-ready foundation with a renovated basement in a stable area. It's also a sensible fit for value-focused investors or homeowners who prioritize location and lot potential over a large interior footprint, appreciating the character and established streetscape of an older neighbourhood.

Section 2: Frequently Asked Questions

1. What does the "above average" sale price ranking mean?
The data indicates the final sale price ranked in the top 9% compared to recent sales on Stewart Street and the top 21% within Buchanan. This suggests the property attracted strong interest and sold for a price well above the local benchmark for similar homes at the time.

2. Is the living space small?
At 1,014 sqft, it is moderately sized. It's around average for the street and neighbourhood, but below the city-wide average for homes. The renovated basement effectively expands the usable living area, making the overall footprint more practical.

3. How does the age of the home (1960) factor in?
While older than many homes on its street and in Buchanan, its age is near the city-wide average. This typically means well-understood construction styles and mature landscaping, but prospective buyers should always consider the condition of major aging components like the roof, windows, and plumbing.

4. What is the potential here?
The combination of a standard-sized lot in a mature area, a renovated basement, and a detached garage offers a stable foundation. The appeal for some buyers will be the opportunity to live in the neighbourhood and gradually update the main floor living space to modern tastes over time.

5. How does the assessed value relate to the sale price?
The assessed value for taxation purposes was $300k. The sale price of $361k is significantly higher, which is common in active markets. The sale price reflects the actual market value buyers were willing to pay, while the assessed value is an administrative figure often lagging behind current market conditions.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.