Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Bannatyne Avenue): Around Average. Ranked #53 out of 139 (Top 38%). The street average for comparable homes is 1,366 sqft.
Neighborhood Level (Exchange District): Above Average. Ranked #79 out of 439 (Top 18%). The neighborhood average for comparable homes is 1,125 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #2,167 out of 26,841 (Top 8%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Bannatyne Avenue): Around Average. Ranked #59 out of 139 (Top 42%). The street average for comparable homes is 377.2k.
Neighborhood Level (Exchange District): Around Average. Ranked #117 out of 439 (Top 27%). The neighborhood average for comparable homes is 344.4k.
Citywide Level (Winnipeg): Above Average. Ranked #3,630 out of 26,841 (Top 14%). 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
209-167 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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Related homes
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Similar assessed value
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Is this home right for you?
Property Overview
This is a 1,524 sqft condominium located at 209-167 Bannatyne Avenue in Winnipeg's historic Exchange District. Built in 1904, it offers significantly more space than the average Winnipeg home, placing it in the top 8% citywide for living area. Its assessed value is $39,400, which is above average for the city but sits around the median for its immediate street and neighborhood, suggesting it is priced consistently within this character-rich area. The unit last sold in January 2023 for $41,900.
Section 1: Key Characteristics & Appeal
- Key Characteristics: The defining feature is its generous 1,524 sqft layout within a heritage building, offering space uncommon for a condo. Its 1904 construction means it has historic character but also implies a need for awareness regarding the building's major systems and potential condo reserve fund health. Financially, it presents a relatively low property tax base due to its assessment.
- Where Its Appeal Lies: This property appeals to those seeking an urban lifestyle with the space typically found in a house. It’s for a buyer who values the architectural charm and cultural vibrancy of the Exchange District over modern amenities and new construction. The appeal is in trading square footage and location for the shared responsibilities and potential constraints of a century-old condo building.
- Ideal Buyer Profile: This would suit a single professional, couple, or empty-nester who desires a spacious downtown loft-style home without yard maintenance. The buyer should be pragmatic about heritage properties—appreciating the history while being prepared for the unique upkeep and condo rules that come with it. It is less suited for those prioritizing new appliances, modern building standards, or a high degree of personal control over exterior and structural elements.
Section 2: Frequently Asked Questions
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What are the monthly condo fees, and what do they cover?
This is the most critical question. The fees impact overall affordability and should detail what utilities, maintenance, insurance, and contributions to the reserve fund are included. -
What is the financial health of the condo corporation's reserve fund?
Given the building's age (1904), a well-funded reserve is essential for anticipated major repairs (e.g., roof, brickwork, plumbing, elevator). A status certificate review is vital. -
Are there any restrictions on renovations, rentals, or pet ownership?
Heritage buildings and condo boards often have specific bylaws governing changes to interiors (like flooring), the ability to rent the unit, and pet policies. -
How does the low assessed value affect property taxes and potential resale?
While a lower assessment means lower annual taxes, it can also reflect the building's age and type, not just the unit's interior. Understanding this balance is key. -
What are the parking arrangements?
Parking is often a challenge in dense historic districts. Clarify if a dedicated spot is included, if it's an added cost, or if only street parking is available.