80.6
Excellent
Property score
80.6
Excellent
Overall 80.6
Larger and newer than most nearby homes
1,518 sqft (top 7%)
Built in 1987 (16 yrs newer than avg)
Located in a high-income area
with median household income of ~109k
Transit 76.0
8-min walk to transit with 4 nearby routes
Within 500m: 1 dining spot, 3 parks, 1 sports facility, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
39% 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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80.6 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
72 Optimist Way — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 494 m), 3 parks (nearest 129 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 | Top 25% | Top 1% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 72 Optimist Way, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Buchanan is defined by its substantial, above-average lot size. With over 8,300 square feet of land, the property offers more outdoor space than most homes in Winnipeg, presenting a clear opportunity for gardening, expansion, or simply enjoying a larger yard. The house itself, built in 1987, is a comfortable 1,518 sqft bungalow with an attached garage and an unrenovated basement, offering functional living space and a blank canvas for future customization.
The primary appeal lies in its strong positional value within a desirable neighbourhood. The data shows the home ranks in the top 7% of Buchanan for lot size and living area, meaning you get more property and house space here than in most of the surrounding area. Its last sale price in 2022 was well above the neighbourhood average at the time, indicating sustained desirability. This property would suit a buyer looking for a solid home on a generous lot, whether that’s a growing family valuing outdoor space, a long-term owner who sees potential in the basement and land, or someone seeking a foothold in a neighbourhood where larger lots are becoming scarce.
Section 2: Frequently Asked Questions
1. What does the "unrenovated basement" actually mean?
It indicates the basement is functional but finished to a basic, likely original, standard. It presents both a cost-saving advantage (you’re not paying a premium for someone else’s renovation tastes) and a future opportunity to customize the space to your needs.
2. How does the lot size compare practically?
At 8,339 sqft, the lot is approximately 35% larger than the Winnipeg city average. This is a significant difference, offering more privacy, room for additions like a shed or deck, and less feeling of being crowded by neighbours.
3. The assessed value seems low compared to the 2022 sale price. Why?
Municipal assessed value for tax purposes is often lower than market value and can lag behind recent sale prices. The 2022 sale is a much stronger indicator of current market value.
4. Is a 1987-built home considered older?
In the context of Winnipeg, a 1987 build is actually newer than about 75% of homes citywide. In Buchanan specifically, it ranks in the top 6% for year built, meaning it’s one of the newer homes in the neighbourhood.
5. What’s the significance of the home being a bungalow?
The one-storey layout offers main-floor living, which is appealing for accessibility, aging in place, or simply for the convenience of having all daily living spaces on one level, which can be a sought-after feature.
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