57.5
Fair
Property score
57.5
Fair
Overall 57.5
Compared with neighbourhood average
804 sqft (bottom 31%)
Built in 1951 (1 yr older 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 shop, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% smaller 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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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
131 Bank Avenue — 2 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 481 m), 1 parks (nearest 367 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 | Top 22% | Top 19% | Top 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 131 Bank Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home in Glenwood presents a practical and value-conscious opportunity. Its key appeal lies in a balance of modest scale and above-average land size. With 804 sqft of living space, the house itself is compact, ranking around average for its street and neighbourhood but below average citywide. However, it sits on a 5,018 sqft lot, which is notably larger than many on Bank Avenue and in Glenwood, offering valuable outdoor space and potential.
The home’s renovated basement adds functional living area, and it includes a detached garage. Built in 1951, its age is typical for the area. From an investment perspective, its assessed value consistently ranks above average for both the immediate street and the wider Glenwood neighbourhood, suggesting it is viewed favorably relative to its local peers. This combination suits first-time buyers, downsizers, or practical investors looking for a manageable home with a generous yard in an established area, without the premium for excessive square footage.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $33,500k ranks above average for both Bank Avenue and the Glenwood neighbourhood, indicating it is considered a higher-value property within its immediate context compared to peers.
2. Is the living space considered small?
At 804 sqft, the living area is around average for Bank Avenue and Glenwood but is below the Winnipeg citywide average. It represents a more compact, efficient footprint.
3. What is the significance of the large lot size?
The 5,018 sqft lot is a standout feature, ranking in the top 13% on Bank Avenue. This offers more private outdoor space than most neighbouring properties and could be a long-term asset.
4. When was it last sold and for how much?
Public records indicate a sale between August 2021, with a price range of $37.50k to $40.50k. The exact sale price can be provided upon request.
5. What are the property taxes likely to be?
Property taxes are calculated based on the assessed value and the annual municipal mill rate. With an assessed value of $33,500k, you can estimate taxes by applying the current Winnipeg mill rate to this figure.
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