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 #49 out of 77 (Bottom 36%). The street average for comparable homes is 229.4k.
Neighborhood Level (Exchange District): Below Average. Ranked #397 out of 439 (Bottom 10%). The neighborhood average for comparable homes is 344.4k.
Citywide Level (Winnipeg): Below Average. Ranked #19,261 out of 26,841 (Bottom 28%). 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
404-110 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
Address · Tax-Assessed Value
Is this home right for you?
Property Overview & Key Characteristics
This is a compact, 628 sqft unit in a historic 1910 building at the heart of Winnipeg's Exchange District. Its primary appeal lies in its location within a vibrant, culturally rich neighbourhood known for its architecture, dining, and arts scene. With a very low municipal assessed value, it presents a notably accessible entry point into downtown homeownership.
The unit would suit a specific buyer: a minimalist, an investor looking for a low-cost downtown rental, or a first-time buyer prioritizing urban lifestyle over space. Its charm is not in amenities (it has no basement, pool, or garage) but in its historic context and potential as a blank canvas. A less obvious perspective is its appeal to someone seeking a "pied-à-terre" in the city core, or to a buyer viewing it as a long-term hold in a neighbourhood that continues to undergo revitalization.
Frequently Asked Questions
1. What does the low assessed value mean for property taxes?
A low assessed value typically results in lower municipal property taxes, which is a significant ongoing cost saving. However, it's important to get an official estimate, as other factors can influence the final tax bill.
2. Is this a condominium or an apartment-style unit?
The listing does not specify a condominium title. Given the building's age and the unit numbering, it is likely an apartment-style unit within a larger converted historic building. Verification of the exact title and any associated monthly fees is essential.
3. What are the implications of a 1910 build date?
This offers undeniable historic character but necessitates careful inspection. Potential buyers should budget for and investigate updates to major systems (plumbing, electrical, heating) and the building envelope, and inquire about the building's overall maintenance fund and plan.
4. The living area is small, but how does it compare locally?
At 628 sqft, it ranks in the top 2% for size across all Winnipeg properties, which speaks to the prevalence of smaller, efficient units in the downtown core. It is a compact urban footprint, not atypical for the area.
5. Who is responsible for building maintenance and repairs?
This is a critical question for any unit in a multi-building property. Understanding the structure of the building's management, the existence of a reserve fund, and the process for handling major repairs is a key due diligence step before purchasing.