Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Market Avenue): Around Average. Ranked #21 out of 79 (Top 27%). The street average for comparable homes is 724 sqft.
Neighborhood Level (Exchange District): Below Average. Ranked #330 out of 439 (Bottom 25%). The neighborhood average for comparable homes is 1,125 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #20,975 out of 26,841 (Bottom 22%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Market Avenue): Around Average. Ranked #19 out of 79 (Top 24%). The street average for comparable homes is 229.5k.
Neighborhood Level (Exchange District): Below Average. Ranked #316 out of 439 (Bottom 28%). The neighborhood average for comparable homes is 344.4k.
Citywide Level (Winnipeg): Around Average. Ranked #12,141 out of 26,841 (Top 45%). The citywide average for comparable homes is 276.9k.
Street Level (Market Avenue): Above Average. Ranked #1 out of 79 (Top 1%). The street average for comparable homes is 1912.
Neighborhood Level (Exchange District): Above Average. Ranked #79 out of 439 (Top 18%). The neighborhood average for comparable homes is 1925.
Citywide Level (Winnipeg): Below Average. Ranked #26,078 out of 26,841 (Bottom 3%). 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
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
216-139 Market Avenue — 68 amenities found within 500 m, across 8 categories, including 49 dining (nearest 98 m), 3 education (nearest 128 m), 2 healthcare (nearest 262 m).
Crime & safety
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview & Appeal
This 795 sqft condo at 216-139 Market Avenue is a distinctive property in Winnipeg’s historic Exchange District. Its key characteristic is its heritage, being built in 1912 and ranking as one of the oldest buildings on its street. The living space is above average for the immediate area but more compact compared to many condos across the wider district and city, suggesting an efficient layout in a prime location. With an assessed value that is strong for the street but moderate for the neighborhood, it presents a value-oriented entry point into a sought-after urban core.
The appeal lies in securing a piece of the city’s architectural history while enjoying a low-maintenance lifestyle downtown. It suits a specific buyer: perhaps a first-time buyer, an investor, or a professional seeking an authentic urban experience over modern square footage. It’s for someone who values character and location more than sheer size, and who is comfortable with the realities and charms of a century-old building.
Frequently Asked Questions
1. What does the ranking data actually mean for daily living?
The data shows you’re getting a relatively spacious unit for this specific block (top 27% for size on Market Ave), but a more historically significant property (top 1% for age on the street). In practical terms, you likely have better interior space than many neighbors, but the building itself will have the inherent traits of a 1912 construction.
2. Is the low assessed value a concern?
Not necessarily. It’s above average for the street and near the city-wide average, but below the Exchange District average. This can indicate a more affordable tax base while still being in the heart of the district. It often reflects the building's age and smaller unit size rather than desirability.
3. Who would this property not suit?
It may not suit those who prioritize brand-new appliances, open-concept modern layouts, or extensive private outdoor space. The building lacks a basement, which could limit storage options. It’s best for those who view historic features as charm, not inconvenience.
4. The building sold in April 2023. What does that recent turnover suggest?
A sale just over a year ago could indicate a few things: a successful investor flip, a change in an owner’s circumstances, or a property that meets a market need for affordable downtown housing. It suggests the property is liquid and in active market circulation.
5. What should I investigate about a building from 1912?
Beyond a standard inspection, inquire specifically about the building’s major system updates (roof, wiring, plumbing, windows) and the condo reserve fund’s health. Understanding how the condo corporation manages the ongoing maintenance of a historic structure is crucial.