Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Bannatyne Avenue): Below Average. Ranked #134 out of 139 (Bottom 4%). The street average for comparable homes is 1,366 sqft.
Neighborhood Level (Exchange District): Below Average. Ranked #265 out of 439 (Bottom 40%). The neighborhood average for comparable homes is 1,125 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #15,924 out of 26,841 (Bottom 41%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Bannatyne Avenue): Below Average. Ranked #135 out of 139 (Bottom 3%). The street average for comparable homes is 377.2k.
Neighborhood Level (Exchange District): Below Average. Ranked #275 out of 439 (Bottom 37%). The neighborhood average for comparable homes is 344.4k.
Citywide Level (Winnipeg): Around Average. Ranked #10,958 out of 26,841 (Top 41%). 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
218-167 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
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 911 sqft condo at 218-167 Bannatyne Avenue is a distinctive unit in Winnipeg’s historic Exchange District. Built in 1904, it offers a classic loft-style living space within a converted heritage building. Its appeal lies in an authentic urban lifestyle, placing residents in the heart of the city's cultural and dining scene. The condo’s assessed value is notably low for the city overall, which can translate to lower property taxes, but it is smaller and has a lower assessment than most units on its own street.
It would best suit a specific type of buyer: someone seeking an affordable entry into a vibrant downtown neighbourhood, who values character over modern square footage and is comfortable with the realities of an older building. It’s a practical choice for a single professional, an investor, or a minimalist urban dweller more interested in the neighbourhood outside their door than expansive interior space.
Frequently Asked Questions
1. Is this a good value?
The value perspective depends heavily on your priorities. City-wide, its assessed value is above average, suggesting good value for property taxes. However, within the Exchange District and especially on Bannatyne Avenue itself, it ranks below average in both size and assessed value, indicating it’s one of the more modest units in the area.
2. What does the building’s age (1904) mean for me?
You are buying into genuine heritage character, which comes with unique charm but also considerations. While the building has been converted for modern use, you should anticipate potential for higher maintenance fees to care for the common elements of an old structure, and inquire about the state of major systems like plumbing and wiring.
3. Who is the ideal owner for this property?
The ideal owner values location and lifestyle above pure square footage. It suits someone who lives actively—enjoying nearby cafes, work, and entertainment—and treats the condo as a home base rather than their entire living domain. An investor might also see value in its affordability for renting to a similar downtown-oriented tenant.
4. How does the living space compare?
At 911 sqft, the living area is compact. It’s significantly smaller than the average condo on Bannatyne Avenue (~1,366 sqft), but closer to the city-wide average. This emphasizes an efficient, potentially open-concept layout typical of loft conversions, rather than a sprawling one.
5. The last sale was in 2016 for $240k. What does that tell us?
That sale price, nearly a decade old, establishes a historical benchmark but is not a reliable indicator of current market value. It does confirm the unit’s long-standing position as a more affordable option in the neighbourhood. A current appraisal and review of recent sales of comparable units in the building are essential.