50.7
Fair
Property score
50.7
Fair
Overall 50.7
Smaller than most nearby homes
696 sqft (bottom 12%)
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 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
31% 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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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
136 Bank Avenue — 2 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 464 m), 1 parks (nearest 338 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 14% | Bottom 18% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 136 Bank Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1951, situated on a roughly 5,000 sqft lot in the Glenwood neighborhood. With 696 sqft of living space, it is notably smaller than most homes in Winnipeg, placing it in the top 96% for size city-wide (meaning only 4% of homes are smaller). Its assessed value is modest and aligns closely with the average for its immediate street and area. A key updated feature is a renovated basement, adding functional space. There is no garage or pool.
The primary appeal lies in its efficiency and lot potential. It represents a true entry-point into homeownership, with property taxes likely to be lower due to its assessed value. The renovated basement improves its move-in readiness for a small household. The lot size is generous for the area, offering valuable outdoor space or future expansion potential that the current home's footprint does not utilize. This property would best suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist, low-maintenance living arrangement without the upkeep of a larger house.
Frequently Asked Questions
1. Is the living area too small for practical use?
At 696 sqft, the above-ground living space is compact. Its practicality depends heavily on the renovated basement, which provides crucial additional room. It's ideal for 1-2 people comfortable with efficient living.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's smaller size, age, and the market values within its specific neighborhood. It indicates a more affordable entry point, but also suggests the value is primarily in the land rather than the existing structure.
3. What does the "top 96%" ranking for living area mean?
This statistic means that 96% of homes in Winnipeg are larger. It clearly highlights this as a smaller-than-average property, which is a key consideration for space needs but also correlates with lower utility costs and maintenance.
4. Does the renovated basement add significant value?
Yes. In a home of this size, a finished basement effectively doubles the usable living space, making the property significantly more functional and comfortable than the main floor square footage alone would allow.
5. What are the implications of having no garage?
This means parking will be on-street or possibly via a driveway if one exists (not specified in the data). Buyers should budget for potential parking permits and consider vehicle security and winter weather implications.
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