Property score
60.1
Fair
Overall 60.1 · Older than most nearby homes
1,014 sqft (bottom 48%) · Built in 1964 (7 yrs older than avg)
Located in a high-income area with median household income of ~88k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 1 shop, 4 parks, and 1 bank/ATM nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 80%Tagalog · 4%
Past 10 years Buchanan sales snapshot (~80% of all data)
257
361k
$351/sqft
1971
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60.1 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: #46110308
$88K
Median household income
$90K
Average household income
18%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
13%
Single-person households
30%
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
878 Buchanan Boulevard — 9 amenities found within 500 m, across 4 categories, including 3 education (nearest 268 m), 1 shopping (nearest 454 m), 4 parks (nearest 133 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 30% | Top 30% | Bottom 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 878 Buchanan Boulevard
Section 1: Key Characteristics & Appeal
This well-situated one-storey home on a generous 6,047 sqft lot presents a practical and value-oriented opportunity. Its key characteristics include a renovated basement, a detached garage, and a 1964 build. The appeal lies in its balanced positioning: the lot size is above average citywide, offering good outdoor space, while the home’s assessed and recent sale values are consistently in line with or favourable compared to local averages. This suggests a property that is competitively priced within its established neighbourhood.
It would suit a first-time buyer or an investor looking for a solid entry into the Buchanan area without a premium price tag. The renovated basement adds functional living space, making it suitable for someone needing a rec room, home office, or flexible layout. The above-average lot also offers potential for gardening, expansion, or simply more private outdoor space than many city properties. A thoughtful perspective is that while the living area is modest, the combination of a renovated lower level and a large lot provides a balance of indoor utility and outdoor potential that isn't always available in this price segment.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s last sale price and assessed value are consistently around or above the average for Buchanan Boulevard itself, and competitive within the wider neighbourhood. This indicates it is priced in line with market expectations for the street.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finish quality, permits, and the nature of the renovation (e.g., moisture-proofing, ceiling height, legal suite potential) to understand its true value.
3. Is the lot size a significant advantage?
Yes. At over 6,000 sqft, the lot is larger than the average for both the neighbourhood and the city. This provides more yard space and may offer better future development potential compared to properties on standard-sized lots.
4. What are the implications of the home’s age (built in 1964)?
The age is typical for the street but slightly older than the neighbourhood average. Buyers should focus on the condition and age of major systems (roof, wiring, plumbing, windows) and the quality of the basement renovation, as these will be more impactful than the build year itself.
5. Who might this property not suit?
It may not suit buyers seeking a modern, open-concept layout or extensive above-ground square footage, as the main living area is modest. Those prioritizing a brand-new home or a property that stands significantly above neighbourhood averages in size or condition might need to look elsewhere or budget for further updates.
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