Property score
46.6
Below average
Overall 46.6 · Smaller and older than most nearby homes
632 sqft (bottom 5%) · Built in 1927 (25 yrs older than avg)
Located in a above-average income area with median household income of ~82k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 1 healthcare facility, 1 shop, and 1 park nearby
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Below average
25 yrs older than neighborhood avg.
Mother tongue
English · 73%French · 6%
Past 10 years Glenwood sales snapshot (~80% of all data)
785
376k
$381/sqft
1952
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46.6 is composed by the two sections below.
Property Score
Community Score
Glenwood
How to read: Share of sales in each ~$50k price band for “glenwood” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110568
$82K
Median household income
$84K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
30%
Single-person households
23%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
103 Bank Avenue — 9 amenities found within 500 m, across 7 categories, including 3 dining (nearest 451 m), 1 healthcare (nearest 422 m), 1 shopping (nearest 404 m).
Glenwood · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
62%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 5% | Bottom 6% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
103 Bank Avenue is a compact, one-storey home in Winnipeg's Glenwood neighborhood. Built in 1927, its 632 sqft of living space is notably smaller than most homes in the area, placing it in the bottom 10% for size on its own street. This is balanced by a renovated basement and a detached garage. The lot size of 3,561 sqft is also below the local average but provides outdoor space. The home's assessed value is significantly lower than both neighborhood and citywide averages, reflecting its modest scale and age. It last sold in mid-2017 for an estimated $17.5k to $20.5k.
Key Characteristics & Appeal
This property’s primary appeal lies in its affordability and simplicity. It represents a very accessible entry point into homeownership, with property taxes likely to be correspondingly low due to its low assessed value. The renovated basement adds functional living space, which is a crucial upgrade given the small main-floor footprint. Its appeal is niche: it would suit a minimalist buyer, an investor looking for a straightforward rental property, or someone seeking a small footprint with lower ongoing costs. It’s not a home for those needing space, but it offers a rare opportunity for uncomplicated, budget-conscious ownership. A thoughtful perspective is that this type of property can serve as a practical financial tool—a way to build equity with a very low barrier to entry—rather than just a lifestyle choice.
Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
The assessed value is based heavily on the home's very small living area (632 sqft) and its age (1927), making it valued significantly below typical Winnipeg homes.
2. What does "renovated basement" mean in this context?
While specific details aren't provided, it indicates the basement has been updated to be functional living space, which is essential for adding usable area to this compact home.
3. Who would this property be most suitable for?
It's best suited for first-time buyers or investors with a very tight budget, minimal space needs, or those specifically seeking a low-cost property for its equity-building potential.
4. How does the lot size compare?
At 3,561 sqft, the lot is below the average for Glenwood but still provides a decent outdoor area for a home of this size.
5. How can I find out the exact past sale price?
The listed sale price is a public data range. You can request the exact sale price by emailing the site via the "Get exact sold price history" button; they provide the figure manually without using your email for marketing.
