Property score
62.6
Fair
Overall 62.6 · Older than most nearby homes
1,090 sqft (top 40%) · Built in 1962 (9 yrs older than avg)
Located in a high-income area with median household income of ~88k
Transit 86.0 · 3-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
0% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 83%Tagalog · 3%
Past 10 years Buchanan sales snapshot (~80% of all data)
257
361k
$351/sqft
1971
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62.6 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: #46110309
$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
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
721 Stewart Street — 24 amenities found within 500 m, across 8 categories, including 8 dining (nearest 376 m), 2 education (nearest 235 m), 1 healthcare (nearest 337 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 45% | Top 33% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1962 one-storey home at 721 Stewart Street in Winnipeg's Buchanan neighbourhood presents a straightforward, low-maintenance living option. Its key appeal lies in its efficient use of space and its position as a solid, average-value property within its immediate area. The home sits on a 5,154 sqft lot, which is above average for Stewart Street itself, offering decent outdoor space relative to its closest neighbours. The living area is a practical 1,090 sqft, and the home features a renovated basement and a detached garage.
The property would suit first-time buyers or downsizers looking for an entry point into the Buchanan area without a premium price tag. Its assessed value and recent sale price are consistently around the average for the street and neighbourhood, suggesting a stable, predictable investment rather than a high-growth prospect. A thoughtful perspective is that while the home's metrics are mostly "around average" citywide, it outperforms many local peers on its own street for lot size and past sale price, indicating it may be a relatively stronger holding within its specific micro-market.
Frequently Asked Questions
1. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finishes, the presence of proper permits, and whether it includes added living space, bedrooms, or just updated utility areas.
2. How does the detached garage affect the property?
It provides valuable storage or workshop space but may require separate maintenance. In winter, accessing it will mean going outside, which is a consideration compared to an attached garage.
3. The assessed value seems low. Why is that?
The assessed value (just under $30k) is for municipal tax purposes only and is not an indicator of market value. The home's actual market price is better reflected by its 2021 sale price of $32.3k and current listing price.
4. Is the property a good investment?
The data suggests it's a stable, average property for the Buchanan area. It's not an outlier in terms of rapid appreciation but represents a typical home in the neighbourhood. Its appeal is more about practicality and location than speculative gain.
5. The home was built in 1962. What should I be aware of?
While the basement has been renovated, systems like plumbing, electrical, and the roof will be at an age where inspection is crucial. Its construction date is newer than many on its street but older than the Buchanan neighbourhood average, so updates may be needed.
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