59.0
Fair
Property score
59.0
Fair
Overall 59.0
Smaller and older than most nearby homes
914 sqft (bottom 17%)
Built in 1962 (9 yrs older than avg)
Located in a high-income area
with median household income of ~88k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 3 schools, 2 shops, 4 parks, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
16% 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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59.0 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
793 Stewart Street — 10 amenities found within 500 m, across 4 categories, including 3 education (nearest 158 m), 2 shopping (nearest 350 m), 4 parks (nearest 174 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 33% | Bottom 34% | Bottom 31% |
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 793 Stewart Street in Winnipeg's Buchanan neighbourhood presents a specific and practical opportunity. Its key appeal lies in the combination of a renovated basement and a notably large, above-average lot for its immediate street, offering space and potential in a mature community.
Key Characteristics & Ideal Buyer
The home itself is compact, with a living area significantly below average for the area. This makes it a straightforward, low-maintenance footprint. The recent renovation of the basement adds valuable finished space and modern utility. The standout feature is the 5,154 sqft lot, which ranks in the top 30% for size on Stewart Street. This generous outdoor space is a rare asset in the context of the property's scale. A detached garage provides additional storage or workshop space.
This property would suit a pragmatic first-time buyer, an investor looking for a land-value play with rental income potential from the basement, or a downsizer seeking a manageable home with ample yard space for gardening or leisure. Its value is grounded more in its land and functional updates than in its interior size or vintage. A thoughtful perspective is that the below-average assessed and recent sale prices, relative to the city, suggest an entry point into the market, with the large lot representing future potential value not fully reflected in the current structure.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify if it is a legal, rentable suite. This is a crucial point to verify with the seller and the city for compliance and rental income potential.
2. What is the condition of the main floor living space?
Given the focus on the basement renovation and the home's age, buyers should pay close attention to the condition of the main floor systems (roof, windows, HVAC) and layout to understand any needed updates.
3. Why is the sale price so much lower than the city-wide average assessed value for homes?
The "average assessed value" comparison provided includes all home types city-wide. This property's price is aligned with its specific characteristics: a smaller, older home in its neighbourhood context. The data shows its price is consistent with similar assessed values in other areas.
4. What does the lot size ranking actually mean for me?
Ranking in the top 30% for land area on its street means you get more private outdoor space than most direct neighbours. This is a relative advantage for privacy, expansion, or outdoor use, but the exact dimensions and shape should be verified.
5. How does the detached garage access and condition factor in?
With a detached garage, it's important to assess the ease of access from the street or lane, its structural condition, and the potential cost of any upgrades, as this is a separate structure from the house.
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