120 Bank Avenue

Glenwood, Winnipeg

64.1

Fair

Overall 64.1

Newer than most nearby homes

1,058 sqft (top 37%)

Built in 1952

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

Living Area

Near average

4% larger than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 79%French · 8%

Past 10 years Glenwood sales snapshot (~80% of all data)

Sold Count

785

Median price

376k

$/sqft

$381/sqft

Avg build year

1952

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Property score

64.1 is composed by the two sections below.

Property Score

50.9Fair
Living Area1,058 sqft52Fair
Year Built195236Low
Lot Size4,991 sqft60Fair
Neighbourhood Sales Activity69Good

Community Score

83.8Excellent
Household Income81Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110569

Community deep dive

$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

Population, labour & age

Population (2021)603
Labour force participation rate70%
Median age39.2
Avg household size2.3
Unemployment rate10%
Population density1402 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households28%
Couple families with children24%
Median household income (2020)$92K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority18%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,058 sqft
0255075100
Same streetTop 24%Same areaTop 37%CitywideBottom 34%
Same street · Bank Avenue
#20 / 84
Top 24% · Avg 891 sqft
Same area · Glenwood
#630 / 1,716
Top 37% · Avg 1,015 sqft
Citywide · Winnipeg
#127,567 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
323k
0255075100
Same streetTop 29%Same areaTop 35%CitywideBottom 36%
Same street · Bank Avenue
#24 / 84
Top 29% · Avg 295.3k
Same area · Glenwood
#593 / 1,716
Top 35% · Avg 321.2k
Citywide · Winnipeg
#123,498 / 194,458
Bottom 36% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 26%Same areaTop 27%CitywideBottom 30%

Lot Size

around average
4,991 sqft
0255075100
Same streetBottom 45%Same areaTop 41%CitywideBottom 43%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

120 Bank Avenue — 6 amenities found within 500 m, across 6 categories, including 1 healthcare (nearest 475 m), 1 shopping (nearest 416 m), 1 parks (nearest 304 m).

Search radius
🏥Healthcare1
🛒Shopping1
🌳Parks1
🏦Finance1
Fuel Stations1
Worship1

Crime & Safety

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%

Sales History

Sold 3/2023CA$400k–450k
Sold price

Same street

Top 14%

Same area

Top 14%

City-wide

Top 26%
Sold 5/2016CA$250k–300k
Sold price

Same street

Bottom 19%

Same area

Bottom 28%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 120 Bank Avenue, Winnipeg

Property Overview: 120 Bank Avenue, Glenwood, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home in Glenwood is a solid, established property built in 1952. With 1,058 sqft of living space and a recently renovated basement, it offers functional living areas and updated utility. The detached garage and a near-5,000 sqft lot provide practical outdoor space and parking.

The home’s primary appeal lies in its strong positional value within its immediate context. The data shows it consistently ranks above average for its street and neighbourhood in key metrics like living area, assessed value, and even the year it was built compared to peers. This suggests a well-maintained property that stands favorably among its direct comparables. Its two most recent sales indicate a significant appreciation in value, pointing to a positive trajectory.

This property would suit a pragmatic buyer looking for a move-in-ready home in a mature neighbourhood without the premium of a brand-new build. It’s ideal for first-time homeowners, small families, or downsizers who value space, a quiet street, and a renovated basement for extra living area or storage. The buyer likely prioritizes solid fundamentals and neighbourhood character over high-end finishes or a massive footprint.


Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data indicates it is consistently above average for Bank Avenue and the Glenwood neighbourhood in size, value, and relative age. While city-wide averages are higher, its strength is its standing within its more immediate and relevant peer group.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific scope (e.g., finishing, electrical, plumbing, moisture control) is not detailed. This is a key point for a buyer to verify through a viewing and inspection.

3. Why is there a large gap between the assessed value (~$32k) and recent sold price range ($41.5k - $44.5k)?
In many regions, municipal assessed value for tax purposes often lags behind current market value. The recent sale price is a clearer reflection of what buyers were willing to pay in the 2023 market.

4. What is the significance of the sold price history?
The home sold for approximately $23.5k - $26.5k in 2016 and $41.5k - $44.5k in 2023. This shows substantial appreciation over seven years, which is a positive market indicator, though past performance does not guarantee future results.

5. Who might this property not suit?
Buyers seeking a very modern, open-concept layout or extensive square footage may find this classic one-and-a-half storey layout limiting. Those wanting a move-in condition without any immediate projects should still investigate the age and condition of major systems (roof, windows, furnace) beyond the basement renovation.

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