57.5
Fair
Property score
57.5
Fair
Overall 57.5
Newer than most nearby homes
867 sqft (bottom 40%)
Built in 1953 (1 yr newer than avg)
Located in a high-income area
with median household income of ~92k
Transit 64.0
6-min walk to transit with 2 nearby routes
Within 500m: 1 healthcare facility, 1 shop, 1 park, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
15% smaller than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
English · 79%French · 8%
Past 10 years Glenwood sales snapshot (~80% of all data)
785
376k
$381/sqft
1952
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57.5 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: #46110569
$92K
Median household income
$103K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
28%
Single-person households
24%
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
115 Bank Avenue — 6 amenities found within 500 m, across 6 categories, including 1 healthcare (nearest 470 m), 1 shopping (nearest 437 m), 1 parks (nearest 339 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 43% | Bottom 49% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
115 Bank Avenue is a compact, one-storey home in Winnipeg's Glenwood neighbourhood. Built in 1953, its key appeal lies in its proportionally large lot—over 5,000 square feet—which is notably above average for its street and area. The home itself, at 867 square feet with a renovated basement, is modest in size and typical for the immediate locale, though below the citywide average. Its assessed value is consistent with similar homes in Glenwood.
This property suits a first-time homebuyer, an investor, or someone seeking a manageable footprint with land potential. Its appeal is grounded in the lot size, offering room for gardening, expansion, or future development in an established area. It’s a practical choice for those prioritizing land over living space in the initial purchase. A less obvious perspective is that, while the home's size is unassuming, its above-average lot for the street provides a relative scarcity value that smaller lots in the area cannot offer.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The 5,015 sqft lot is a standout feature, ranking in the top 15% on Bank Avenue itself. It offers more outdoor space than most direct neighbours and is above the Glenwood area average.
2. Is the living space suitable for a small family?
At 867 sqft on the main floor (plus renovated basement space), the living area is around the neighbourhood average but compact by wider city standards. It would suit a small family comfortable with cozy quarters or someone looking to potentially expand the footprint in the future.
3. What does the assessed value indicate about the property's standing?
The assessed value is very typical for both Bank Avenue and the broader Glenwood area, suggesting it is priced in line with local market norms and isn't an outlier for better or worse.
4. The home was built in 1953. What should I consider?
While the building is older, its construction date is actually newer than many on its street and in Glenwood. This is a relative positive, but a thorough inspection is still essential to understand the condition of its major systems and the quality of the basement renovation.
5. What is the likely price range based on recent sales?
A nearby, smaller home at 106 Pilgrim Avenue (572 sqft, built 1937) sold in the $27.5k-$30.5k range in mid-2021. Given 115 Bank Avenue's larger lot and living area, its value would logically be higher, but exact current pricing requires a professional market evaluation.
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