Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (James Avenue): Below Average. Ranked #50 out of 77 (Bottom 35%). The street average for comparable homes is 806 sqft.
Neighborhood Level (Exchange District): Below Average. Ranked #379 out of 439 (Bottom 14%). The neighborhood average for comparable homes is 1,125 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #24,783 out of 26,841 (Bottom 8%). The citywide average for comparable homes is 1,042 sqft.
Street Level (James Avenue): Below Average. Ranked #48 out of 77 (Bottom 38%). The street average for comparable homes is 229.4k.
Neighborhood Level (Exchange District): Below Average. Ranked #391 out of 439 (Bottom 11%). The neighborhood average for comparable homes is 344.4k.
Citywide Level (Winnipeg): Below Average. Ranked #18,888 out of 26,841 (Bottom 30%). 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
403-110 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
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 & Key Characteristics
This is a compact, 640 sqft condo unit in the heart of Winnipeg's historic Exchange District. Built in 1910, it offers a classic loft-style living experience in a character building. Its primary appeal lies in its central, walkable location within a vibrant cultural and dining hub, paired with a very low property tax burden due to its modest assessed value of $18,700. The unit last sold in 2016 for $20,500.
This property would best suit a specific type of buyer: a minimalist, an investor looking for a low-cost entry into the downtown market, or someone seeking an affordable downtown pied-à-terre. It's for those who prioritize location and lifestyle over space and modern amenities. The low carrying costs are a significant draw, but buyers must be comfortable with the trade-offs of an older building, limited square footage, and no private garage or basement storage. A thoughtful perspective is that this isn't just a small condo; it's a key to an urban, car-optional lifestyle, where the neighbourhood itself becomes an extension of your living space.
Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This information is not provided in the available data. A potential buyer must obtain the current condo fee schedule and budget from the property management or seller to understand monthly carrying costs fully.
2. Is parking available?
The listing specifies there is no garage. Parking in the Exchange District is typically via street permit or paid lots, so confirming any dedicated or assigned parking with the building is essential.
3. How does the low assessed value affect property taxes?
The assessed value of $18,700 is very low, which translates to comparatively low annual property taxes. This is a major financial advantage, making the home's ongoing costs manageable despite the prime location.
4. What is the building's condition and history?
Constructed in 1910, the building is over a century old. While this adds character, it necessitates careful attention during an inspection. Questions should focus on recent upgrades to common areas, the roof, windows, and mechanical systems, as well as the health of the condo reserve fund.
5. How does this small space compare to nearby properties?
The unit is significantly smaller (640 sqft) and older than many modern downtown condos, as seen in the comparison to the 1,980 sqft unit at 230 Waterfront Drive. Its value proposition is different: it trades space for affordability, history, and an unbeatable central location in the Exchange District.