Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Bannatyne Avenue): Below Average. Ranked #93 out of 139 (Bottom 33%). The street average for comparable homes is 1,366 sqft.
Neighborhood Level (Exchange District): Around Average. Ranked #186 out of 439 (Top 42%). The neighborhood average for comparable homes is 1,125 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #9,685 out of 26,841 (Top 36%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Bannatyne Avenue): Below Average. Ranked #105 out of 139 (Bottom 24%). The street average for comparable homes is 377.2k.
Neighborhood Level (Exchange District): Around Average. Ranked #198 out of 439 (Top 45%). The neighborhood average for comparable homes is 344.4k.
Citywide Level (Winnipeg): Around Average. Ranked #8,206 out of 26,841 (Top 31%). The citywide average for comparable homes is 276.9k.
Street Level (Bannatyne Avenue): Around Average. Ranked #38 out of 139 (Top 27%). The street average for comparable homes is 1905.
Neighborhood Level (Exchange District): Below Average. Ranked #326 out of 439 (Bottom 26%). The neighborhood average for comparable homes is 1925.
Citywide Level (Winnipeg): Below Average. Ranked #26,717 out of 26,841 (Bottom 0%). 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
208-167 Bannatyne Avenue — 78 amenities found within 500 m, across 9 categories, including 53 dining (nearest 33 m), 4 education (nearest 73 m), 4 healthcare (nearest 267 m).
Crime & safety
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Is this home right for you?
Property Overview & Key Characteristics
This is a 1,104 sqft condominium located in Winnipeg's historic Exchange District. Built in 1904, it offers a classic character home experience within a modern condo structure. The unit's living space is competitively sized, ranking around the average for both the neighborhood and the city overall. A key feature is its assessed value of $310,000, which positions it as a more accessible entry point on its own street compared to peers, yet represents a premium value citywide. It last sold in March 2024 for $290,000.
Its primary appeal lies in the unique blend of historic charm and urban convenience. It suits buyers seeking an authentic downtown lifestyle—those who value walkability, architectural character, and being part of a vibrant cultural hub over newer construction in the suburbs. It would particularly resonate with empty-nesters, professionals working downtown, or investors looking for a property with solid fundamentals in a well-established, desirable district.
A less obvious perspective is the potential value in its "below-average" assessment for the street. This could indicate an opportunity relative to neighboring properties, but it also warrants a closer look at the specific unit features and condo fees to understand the full financial picture. Additionally, its 1904 build date means it is among the older buildings on Bannatyne, appealing to a purist but also implying a need for due diligence on the building's maintenance and renovation history.
Frequently Asked Questions
1. What are the condo fees, and what do they include?
This information is not provided in the current data. A review of the condo corporation's financial statements, reserve fund study, and bylaws is essential to understand monthly fees, included amenities (like heat, water, or building insurance), and the long-term health of the building.
2. How does the 2024 sale price compare to the assessed value?
The property sold for $290,000 in March 2024, which is $20,000 below its current $310,000 assessed value. This recent sale provides a concrete, up-to-date market benchmark for the unit.
3. What is the parking situation?
The listing details do not specify parking. In the Exchange District, parking can range from dedicated underground spots to street permits or no dedicated parking at all. This is a critical question for potential buyers.
4. Are there any restrictions on rentals or renovations?
As a condominium, the corporation will have specific bylaws governing whether owners can rent out their unit and what alterations are permitted, especially in a historic building. These rules must be reviewed prior to purchase.
5. How does the living area compare to similar properties?
At 1,104 sqft, this unit is slightly larger than the Winnipeg citywide average for comparable homes (1,042 sqft) and very close to the Exchange District average (1,125 sqft). On Bannatyne Avenue itself, it is smaller than the peer average, which may contribute to its relatively lower assessed value on the street.