69.1
Good
Property score
69.1
Good
Overall 69.1
Larger than most nearby homes
1,208 sqft (top 23%)
Built in 1951 (1 yr older than avg)
Located in a high-income area
with median household income of ~92k
Transit 64.0
7-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
Above average
19% larger than neighborhood avg.
Year Built
Near average
1 yrs older 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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69.1 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
124 Bank Avenue — 5 amenities found within 500 m, across 5 categories, including 1 healthcare (nearest 490 m), 1 shopping (nearest 428 m), 1 parks (nearest 312 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 46% | Top 50% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 124 Bank Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-positioned one-storey home in Glenwood offers solid, above-average space for its immediate area. With 1,208 sqft of living area, it provides more room than most comparable homes on Bank Avenue and within the Glenwood neighbourhood. A key feature is the renovated basement, adding functional living space. The property sits on a standard-sized lot just under 5,000 sqft and includes a detached garage.
The primary appeal lies in its strong relative value within a established community. The home ranks in the top quartile for both living area and assessed value on its street and in Glenwood, suggesting it is a substantial property for the locale. It suits buyers looking for a move-in ready, single-level layout with a finished basement, who prioritize getting more house for their money in a mature neighbourhood over a newer build. A thoughtful perspective is that while the home is older (built 1951), its above-average size and updated basement may offer a more affordable entry into a spacious layout than newer, smaller builds in other areas.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 1,208 sqft, this home is larger than the average home on Bank Avenue (~891 sqft) and in the Glenwood area (~1,015 sqft), placing it in the top 23% locally for living space.
2. What does the assessed value ranking indicate?
The assessed value of $36,300k ranks in the top 10% on its street and top 22% in Glenwood. This typically indicates the municipality views it as a higher-value property relative to its close neighbours, often reflecting its larger size, renovations, or overall condition.
3. Is the basement included in the living area square footage?
Typically, municipal living area calculations do not include below-grade space. The 1,208 sqft likely refers to the main floor. The renovated basement is a separate, valuable addition to that total living space.
4. The home was last sold in 2017. What was the price?
Public data shows a sold price range between $27.50k and $30.50k in July 2017. For the exact historical sold price, you can request it directly via the provided email service on the listing page.
5. How does the age of the home (1951) compare?
The build year is typical for the street and Glenwood, which both average homes built around 1952. So, while older city-wide, it is very standard for this specific established neighbourhood.
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