Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Princess Street): Below Average. Ranked #64 out of 71 (Bottom 10%). The street average for comparable homes is 1,018 sqft.
Neighborhood Level (Exchange District): Below Average. Ranked #386 out of 439 (Bottom 12%). The neighborhood average for comparable homes is 1,125 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #24,924 out of 26,841 (Bottom 7%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Princess Street): Below Average. Ranked #62 out of 71 (Bottom 13%). The street average for comparable homes is 302.6k.
Neighborhood Level (Exchange District): Below Average. Ranked #349 out of 439 (Bottom 21%). The neighborhood average for comparable homes is 344.4k.
Citywide Level (Winnipeg): Below Average. Ranked #15,468 out of 26,841 (Bottom 42%). The citywide average for comparable homes is 276.9k.
Street Level (Princess Street): Above Average. Ranked #12 out of 71 (Top 17%). The street average for comparable homes is 1909.
Neighborhood Level (Exchange District): Below Average. Ranked #241 out of 439 (Bottom 45%). The neighborhood average for comparable homes is 1925.
Citywide Level (Winnipeg): Below Average. Ranked #26,605 out of 26,841 (Bottom 1%). The citywide average for comparable homes is 1990.
Exchange District market pulse
How to read: Share of sales in each ~$50k price band for “exchange district” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
201-110 Princess Street — 71 amenities found within 500 m, across 8 categories, including 48 dining (nearest 40 m), 3 education (nearest 220 m), 6 shopping (nearest 337 m).
Crime & safety
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Is this home right for you?
Property Overview & Appeal
This 633 sqft condo at 201-110 Princess Street is a compact, historic unit in Winnipeg's vibrant Exchange District. Its key characteristic is its position as a smaller, more affordable entry point into a sought-after heritage neighborhood. Built in 1907, the unit offers authentic character but is notably below the average size for comparable homes in the area.
Its primary appeal lies in value and location. With a modest assessed value and recent sale price, it represents one of the more accessible opportunities to own in the heart of the Exchange. This suits first-time buyers, investors seeking a rental property in a high-demand area, or minimalist urban dwellers who prioritize neighborhood energy over interior space. A less obvious perspective is that its smaller size and lower carrying costs could provide greater flexibility for an owner who travels frequently or uses the city as their primary living space.
Frequently Asked Questions
1. How does the size of this unit compare to others in the building?
At 633 sqft, this unit is significantly smaller than the average for comparable homes on Princess Street (approx. 1,018 sqft) and in the Exchange District overall. It is a compact, efficient layout.
2. What does the assessed value tell me about this property?
The assessed value of $190k is below average for the immediate street and Exchange District, but is around the city-wide average. This typically indicates a more affordable entry point into a neighborhood where many properties are valued higher.
3. The building was built in 1907. What should I consider?
While full of historic character, a building of this age requires diligent attention to maintenance. Prospective buyers should thoroughly review the condo corporation's reserve fund study, financial health, and any recent or planned special assessments for major repairs like windows, masonry, or plumbing updates.
4. The sale history shows a price drop from 2019 to 2024. Why?
The property sold for $210k in 2019 and $235k in 2024. This represents an increase over that five-year period, not a drop. The data indicates a gain in value.
5. Is this a good investment for rental income?
Given its central location in the Exchange District, rental demand is likely strong. However, the smaller size may attract a specific tenant market (e.g., single professionals or students). The condo fees and potential for special assessments in an older building must be factored into the investment calculation to ensure positive cash flow.