50.7
Fair
Property score
50.7
Fair
Overall 50.7
Smaller but newer than most nearby homes
696 sqft (bottom 12%)
Built in 1952
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 shop, 1 park, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
31% smaller 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)
785
376k
$381/sqft
1952
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50.7 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
128 Bank Avenue — 3 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 440 m), 1 parks (nearest 320 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 32% | Bottom 37% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 128 Bank Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Glenwood neighborhood, built in 1952. With 696 sqft of living space, it is notably smaller than most homes in the area and city-wide, positioning it as a minimalist or entry-level option. Its key updated feature is a renovated basement, adding functional space, and it includes a detached garage. The lot is a standard size for the street at just under 5,000 sqft.
The primary appeal lies in its efficiency and lower maintenance footprint. The renovated basement effectively expands the usable space beyond the modest main floor, making it practical for its size. For the right buyer, its below-average size translates to lower utility costs and less upkeep. It suits first-time homebuyers seeking an affordable entry into the market, downsizers looking to simplify without losing a full basement and garage, or investors considering a straightforward rental property. A thoughtful perspective is that its older build date (1952) is actually above average for its immediate area, suggesting it sits among the more established homes on the block, which can appeal to those valuing mature neighborhoods.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 696 sqft, the living area is below the average for Glenwood (approx. 1,015 sqft) and significantly below the Winnipeg city average. This makes it one of the more compact homes in the broader market.
2. What is the property's assessed value?
The assessed value is $28,500. This is around the average for Bank Avenue and the Glenwood area but is below the city-wide average for homes.
3. What are the most recent sale details?
The home sold in September 2022 for a price range estimated between $25,500 and $28,500. For the precise sale price, you can request the information directly via the listing site.
4. What are the standout features of this property?
The key features are the renovated basement, which adds modernized living space, and the detached garage. The lot size is also standard and manageable for the neighborhood.
5. Who would this home be a good fit for?
It's well-suited for first-time buyers prioritizing affordability, empty-nesters looking to downsize without moving to a condo, or investors seeking a lower-priced asset with rental potential. Its size may not suit those needing multiple bedrooms or significant main-floor living space.
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