Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (James Avenue): Below Average. Ranked #54 out of 77 (Bottom 30%). The street average for comparable homes is 806 sqft.
Neighborhood Level (Exchange District): Below Average. Ranked #391 out of 439 (Bottom 11%). The neighborhood average for comparable homes is 1,125 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #25,076 out of 26,841 (Bottom 7%). The citywide average for comparable homes is 1,042 sqft.
Street Level (James Avenue): Below Average. Ranked #53 out of 77 (Bottom 31%). The street average for comparable homes is 229.4k.
Neighborhood Level (Exchange District): Below Average. Ranked #411 out of 439 (Bottom 6%). The neighborhood average for comparable homes is 344.4k.
Citywide Level (Winnipeg): Below Average. Ranked #19,600 out of 26,841 (Bottom 27%). The citywide average for comparable homes is 276.9k.
Street Level (James Avenue): Below Average. Ranked #59 out of 77 (Bottom 23%). The street average for comparable homes is 1911.
Neighborhood Level (Exchange District): Around Average. Ranked #201 out of 439 (Top 46%). The neighborhood average for comparable homes is 1925.
Citywide Level (Winnipeg): Below Average. Ranked #26,445 out of 26,841 (Bottom 1%). 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
304-110 James Avenue — 53 amenities found within 500 m, across 8 categories, including 37 dining (nearest 63 m), 4 education (nearest 181 m), 2 healthcare (nearest 205 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: 304-110 James Avenue, Exchange District, Winnipeg
Key Characteristics & Appeal
This is a compact, 628 sqft condo in the heart of Winnipeg's historic Exchange District, housed within a character building dating back to 1910. Its primary appeal lies in a unique urban lifestyle proposition: very low carrying costs, evidenced by an assessed value of just $17,900, paired with an unbeatable central location. The unit last sold for $160,000 in early 2023, suggesting a market value significantly higher than its tax assessment, which is a key point for buyers to investigate.
The property suits a specific buyer: a minimalist, first-time homebuyer, or an investor seeking an affordable downtown entry point. It’s for someone who prioritizes location and low fixed costs over space and modern amenities (note: there is no basement, pool, or garage). A less obvious perspective is its potential as a practical "pied-à-terre" for someone with a primary residence outside the city, offering an inexpensive urban base. The building's age (116 years) means charm is likely balanced with the need for a diligent review of the condo corporation's reserve fund and health of the century-old building envelope and systems.
Frequently Asked Questions
1. Why is the assessed value so much lower than the last sale price?
Municipal property assessments in Manitoba are based on a mass appraisal system and may not reflect current market value, especially for unique properties like heritage condos. The sale price is typically a better indicator of market value.
2. What are the likely monthly condo fees, and what do they cover?
This information is not provided in the public data. A critical next step is to review the condo documents to understand the monthly fees, what they include (e.g., heat, water, building insurance), and the financial health of the condo corporation.
3. Given the building's age, what should I be concerned about?
Prospective buyers should pay special attention to the condition of major building components like the roof, masonry, windows, and plumbing/electrical systems. The status of the condo reserve fund and any upcoming special assessments are paramount.
4. How does the living space compare to nearby properties?
At 628 sqft, this unit is smaller than many comparables in the area but ranks in the top 11% for size within its own neighbourhood, indicating it offers a relatively efficient footprint for the Exchange District.
5. Is parking available?
The listing specifies "Garage: None." Parking in dense heritage districts like the Exchange is often limited. You would need to inquire about the availability of a dedicated surface spot, a nearby leased space, or reliance on street parking.