Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Market Avenue): Below Average. Ranked #64 out of 79 (Bottom 19%). The street average for comparable homes is 724 sqft.
Neighborhood Level (Exchange District): Below Average. Ranked #403 out of 439 (Bottom 8%). The neighborhood average for comparable homes is 1,125 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #25,305 out of 26,841 (Bottom 6%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Market Avenue): Below Average. Ranked #70 out of 79 (Bottom 11%). The street average for comparable homes is 229.5k.
Neighborhood Level (Exchange District): Below Average. Ranked #403 out of 439 (Bottom 8%). The neighborhood average for comparable homes is 344.4k.
Citywide Level (Winnipeg): Below Average. Ranked #19,517 out of 26,841 (Bottom 27%). 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
307-139 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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Similar assessed value
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Is this home right for you?
Property Overview & Key Characteristics
This 610 sqft condo at 307-139 Market Avenue is a distinctive property in Winnipeg’s historic Exchange District. Its primary appeal lies in its heritage character, as it was built in 1912 and is one of the oldest units on its street. The living space is compact, ranking below average in size for both the area and the city, which is reflected in its lower assessed value. This creates an accessible entry point into a sought-after neighbourhood known for its architecture and urban vibe.
The property suits a specific buyer: someone seeking an authentic, no-frills downtown experience over modern square footage. It’s ideal for a minimalist, a first-time buyer prioritizing location, or an investor looking for a historically characterful unit at a relatively modest price point. Its recent sale in September 2024 suggests a turnkey opportunity. A thoughtful perspective is that while the condo is small by modern standards, its age and location offer a tangible connection to the city’s history that newer builds cannot replicate. The value here is in the lifestyle and heritage, not in expansive living areas.
Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This information is not provided in the current data. A review of the condo corporation’s financial statements and bylaws is essential to understand the fee structure and any potential special levies.
2. Is parking available with this unit?
The listing does not specify parking. In the dense Exchange District, parking is often a premium. Buyers should clarify if a dedicated spot is included, if it’s street parking only, or if there’s a nearby lot available for lease.
3. How does the low assessed value impact property taxes?
A lower assessed value typically results in lower municipal property taxes, which is a financial advantage. However, it’s important to get the exact tax amount from recent statements to budget accurately.
4. The building is very old. What is the condition of major systems?
Given the 1912 construction, inquiring about the age and condition of major building components (roof, plumbing, electrical, windows) is crucial. Understanding the condo reserve fund’s health and any recent or planned major renovations will indicate potential future costs.
5. The unit has sold three times since 2018. Is this a concern?
The recent sales history suggests a high turnover rate. This isn’t inherently negative but warrants investigation. It could be due to typical investor activity, the specific nature of the compact unit appealing to short-term owners, or it could prompt questions about building or unit-specific issues. Reviewing the sale history and, if possible, seeking context from the seller is advisable.