Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Market Avenue): Below Average. Ranked #54 out of 79 (Bottom 32%). The street average for comparable homes is 724 sqft.
Neighborhood Level (Exchange District): Below Average. Ranked #378 out of 439 (Bottom 14%). The neighborhood average for comparable homes is 1,125 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #24,621 out of 26,841 (Bottom 8%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Market Avenue): Below Average. Ranked #41 out of 79 (Bottom 48%). The street average for comparable homes is 229.5k.
Neighborhood Level (Exchange District): Below Average. Ranked #348 out of 439 (Bottom 21%). The neighborhood average for comparable homes is 344.4k.
Citywide Level (Winnipeg): Below Average. Ranked #15,358 out of 26,841 (Bottom 43%). 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
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
218-139 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
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Similar assessed value
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Is this home right for you?
Property Overview
This 648 sqft condo at 218-139 Market Avenue is a distinctive property in Winnipeg’s historic Exchange District. Its key characteristic is its 1912 construction, making it one of the oldest buildings on its street. The appeal lies in a unique blend of historic character and relative affordability, with an assessed value that is around the city-wide average but notably below the average for the Exchange District. The living space is compact, ranking above average for its immediate street but smaller than most area and city-wide comparables.
It would best suit a specific type of buyer: someone seeking an authentic, no-frills entry into a heritage neighbourhood, who values location and character over square footage. It’s a practical option for a single professional or investor looking for a low-assessment property in a culturally rich area, not for those needing ample space or modern construction.
Key Details & FAQs
- Living Space: 648 sqft
- Year Built: 1912
- Assessed Value: $22,900
- Last Sale: May 2023, for $200,000
1. What does the assessed value tell me?
At $22,900, the city assessment is significantly lower than the 2023 sale price, which is common for heritage properties. This suggests potentially lower property taxes compared to other area condos, but it’s crucial to understand the condo fee structure, as older buildings can have higher maintenance costs.
2. Is the space manageable?
At 648 sqft, it’s a compact home. It ranks well on its own street but is smaller than most area condos. Efficient, thoughtful design will be essential. This isn’t a sprawling layout but a functional urban footprint.
3. What are the implications of a 1912 build?
This is the oldest building on Market Avenue, offering genuine historic charm. Buyers should prioritize a thorough inspection to understand the condition of major systems (plumbing, electrical, envelope) and review the condo corporation’s reserve fund study for planned major repairs.
4. Who might this property not suit?
It may not be ideal for those who prioritize modern, open-concept layouts or who have concerns about the potential for higher maintenance costs associated with century-old buildings. The space is also likely too small for couples or individuals with a lot of possessions.
5. How does it compare to the neighbourhood?
You’re buying into the vibrant Exchange District culture but at a living space and assessed value below the area average. This positions the property as a more accessible point of entry into the neighbourhood, trading some size and modern amenities for location and character.