Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Market Avenue): Below Average. Ranked #70 out of 79 (Bottom 11%). The street average for comparable homes is 724 sqft.
Neighborhood Level (Exchange District): Below Average. Ranked #410 out of 439 (Bottom 7%). The neighborhood average for comparable homes is 1,125 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #25,468 out of 26,841 (Bottom 5%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Market Avenue): Below Average. Ranked #54 out of 79 (Bottom 32%). The street average for comparable homes is 229.5k.
Neighborhood Level (Exchange District): Below Average. Ranked #382 out of 439 (Bottom 13%). The neighborhood average for comparable homes is 344.4k.
Citywide Level (Winnipeg): Below Average. Ranked #18,430 out of 26,841 (Bottom 31%). 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
312-139 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 & Key Characteristics
This condominium at 312-139 Market Avenue is a distinctive property in Winnipeg’s historic Exchange District. Its primary appeal lies in its authentic heritage character, being one of the oldest buildings on its street (built in 1912), paired with a notably affordable entry point into the downtown core. At 597 square feet, the living space is compact and significantly smaller than most area condos, which will appeal to minimalist urban dwellers but may challenge those needing room for a home office or guests.
The property suits a specific buyer: a first-time purchaser, an investor, or a downsizer seeking a low-maintenance, character-filled pied-à-terre in the heart of the city. Its recent sale price of $190k (March 2025) reflects its value proposition—it’s not about spaciousness, but about location, history, and affordability. A thoughtful perspective is that this unit represents a practical way to own a piece of Winnipeg’s architectural history without the burden and cost of maintaining a full heritage home. However, buyers should be prepared for the trade-offs that come with a century-old building, including potential condo fees related to major maintenance and the smaller, functional layout.
Frequently Asked Questions
1. How does the size compare to nearby properties?
At 597 sqft, this unit’s living area is below average for the Exchange District, where comparable condos average about 1,125 sqft. It’s a compact, efficient space.
2. What does the "Elite" ranking for Year Built mean?
It indicates this is one of the very oldest properties on Market Avenue (ranked 1 of 79), built in 1912. This signifies authentic heritage character but also suggests considerations around updates and building systems.
3. Has the property’s value increased?
The assessed value is $200k. It last sold for $190k in March 2025, and prior to that, for $19.5k in December 2017. The significant jump between 2017 and 2025 likely reflects a major conversion or renovation.
4. Who might this property not suit?
It may not suit buyers who prioritize modern, open-concept layouts, need multiple work-from-home spaces, or desire extensive storage. The compact size requires efficient use of space.
5. What are the immediate neighbours like?
The listing shows several other units at the same address (139 Market Avenue), suggesting this is a converted multi-unit heritage building with a community of similar condo owners.