Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Bannatyne Avenue): Above Average. Ranked #13 out of 139 (Top 9%). The street average for comparable homes is 1,366 sqft.
Neighborhood Level (Exchange District): Above Average. Ranked #30 out of 439 (Top 7%). The neighborhood average for comparable homes is 1,125 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #708 out of 26,841 (Top 3%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Bannatyne Avenue): Above Average. Ranked #13 out of 139 (Top 9%). The street average for comparable homes is 377.2k.
Neighborhood Level (Exchange District): Above Average. Ranked #51 out of 439 (Top 12%). The neighborhood average for comparable homes is 344.4k.
Citywide Level (Winnipeg): Above Average. Ranked #2,254 out of 26,841 (Top 8%). The citywide average for comparable homes is 276.9k.
Street Level (Bannatyne Avenue): Around Average. Ranked #38 out of 139 (Top 27%). The street average for comparable homes is 1905.
Neighborhood Level (Exchange District): Below Average. Ranked #326 out of 439 (Bottom 26%). The neighborhood average for comparable homes is 1925.
Citywide Level (Winnipeg): Below Average. Ranked #26,717 out of 26,841 (Bottom 0%). 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
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
410-167 Bannatyne Avenue — 78 amenities found within 500 m, across 9 categories, including 53 dining (nearest 33 m), 4 education (nearest 73 m), 4 healthcare (nearest 267 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 Summary: 410-167 Bannatyne Avenue
Key Characteristics & Appeal
This is a character-filled unit in a historic 1904 building located in Winnipeg’s vibrant Exchange District. With 1,773 square feet of living space, it offers significantly more room than many downtown condos. Its assessed value is notably low for the area, which can indicate an opportunity for value-conscious buyers or investors, but also suggests the property may require modernization or is part of a unique building structure (like a condominium or co-op). The appeal lies in its authentic heritage location, generous floor plan, and potential as a blank canvas. It ranks highly for its size within its street, neighbourhood, and city, meaning you get more space per dollar here than in most comparable listings.
This property would suit a specific buyer: someone seeking an urban lifestyle immersed in architecture and culture, who is prepared for the realities of a 122-year-old building. It’s ideal for an artist, entrepreneur looking for a live-work space, or an investor who understands the unique maintenance and value propositions of historic properties. It’s less suited for those seeking turn-key convenience, private outdoor space, or on-site amenities like a garage or pool.
Frequently Asked Questions
1. Why is the assessed value so much lower than typical downtown properties?
This is common for older, unique buildings in the Exchange District. The assessment reflects the building's age, its specific condo or co-op structure, and often the commercial-mixed use nature of the area. It doesn't necessarily reflect market sale price, but it can indicate a different tax and value trajectory than a modern condo.
2. What does "No" for a basement mean for storage or utilities?
In a multi-unit heritage building, individual units typically do not have private basements. Building utilities, shared storage, or common areas would be managed through the condominium corporation or building ownership structure. Private storage space within the unit itself would be a key consideration.
3. The listing compares it to newer builds and vacant lots. How useful is that?
The comparisons highlight value and space. Seeing a similar assessed value on a new suburban house (like on Vialoux Drive) underscores the downtown location premium you’re not paying. Meanwhile, comparisons to other historic properties (like on Harriet or Fort Street) show this unit offers more space for a similar or lower assessment.
4. What are the less obvious costs of owning a heritage property?
Beyond regular maintenance, consider potential costs for updating electrical/plumbing to modern standards, window restoration to meet heritage guidelines, and contributions to a building reserve fund for major brickwork or roof repairs. Insurance can also be specific for heritage buildings.
5. Who manages the building and what are the monthly fees or rules?
This is the most critical question. You must determine if it's a condominium, co-op, or another form of ownership. Request documentation on the condo/co-op fees, what they cover, the health of the reserve fund, and any bylaws that might restrict renovations, rentals, or business use.