Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Bank Avenue): Below Average. Ranked #70 out of 84 (Bottom 17%). The street average for comparable homes is 891 sqft.
Neighborhood Level (Glenwood): Below Average. Ranked #1,547 out of 1,716 (Bottom 10%). The neighborhood average for comparable homes is 1,015 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #189,615 out of 194,457 (Bottom 2%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Bank Avenue): Below Average. Ranked #76 out of 84 (Bottom 10%). The street average for comparable homes is 331.4k.
Neighborhood Level (Glenwood): Below Average. Ranked #1,628 out of 1,716 (Bottom 5%). The neighborhood average for comparable homes is 365.3k.
Citywide Level (Winnipeg): Below Average. Ranked #177,037 out of 194,455 (Bottom 9%). The citywide average for comparable homes is 435.4k.
Street Level (Bank Avenue): Below Average. Ranked #53 out of 84 (Bottom 37%). The street average for comparable homes is 1952.
Neighborhood Level (Glenwood): Below Average. Ranked #980 out of 1,716 (Bottom 43%). The neighborhood average for comparable homes is 1952.
Citywide Level (Winnipeg): Below Average. Ranked #152,216 out of 194,457 (Bottom 22%). The citywide average for comparable homes is 1966.
Street Level (Bank Avenue): Below Average. Ranked #48 out of 84 (Bottom 43%). The street average for comparable homes is 4,531 sqft.
Neighborhood Level (Glenwood): Below Average. Ranked #938 out of 1,716 (Bottom 45%). The neighborhood average for comparable homes is 4,466 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #128,399 out of 194,457 (Bottom 34%). The citywide average for comparable homes is 6,570 sqft.
Glenwood market pulse
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.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
A quick signal for rental-market activity, potential tenant demand, and rental competition around this home.
View Winnipeg rental map →Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
14 Bank Avenue — 14 amenities found within 500 m, across 8 categories, including 3 dining (nearest 99 m), 1 education (nearest 427 m), 2 healthcare (nearest 94 m).
Crime & safety
Waste collection schedule
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Is this home right for you?
Property Overview & Key Characteristics
14 Bank Avenue is a compact, one-storey home built in 1945, situated on a standard-sized lot in Winnipeg's Glenwood neighbourhood. Its primary defining characteristic is its modest scale, with a living area of 673 sqft that places it well below average for the street, neighbourhood, and city. This is reflected in its assessed value, which is also significantly lower than surrounding averages.
The appeal of this property lies squarely in its position as an entry-point opportunity. It represents one of the most accessible price points in its area, suited for a very specific buyer. It would be an ideal match for a hands-on first-time buyer looking for a foothold in the market, an investor seeking a straightforward rental property, or someone interested in a knockdown-rebuild project on a established lot. Its value is not in its current condition or size, but in its potential and land value. A less obvious perspective is that a home of this size and vintage, while requiring updates, can also promote a simpler, more efficient lifestyle without the maintenance burden of a larger property.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based heavily on the home's very small size (673 sqft) and likely its original condition, as it hasn't been substantially renovated or expanded since 1945. It's assessed as a modest starter home, not a modernized property.
2. Who would this property suit best?
It best suits a budget-conscious first-time buyer comfortable with renovation work, or an investor looking for a rental property with a lower initial investment. Its value is primarily in the land and location.
3. What are the main drawbacks to consider?
The living space is notably small—about 25% smaller than the average home on its own street. It also lacks common features like a basement, garage, or pool, and will likely require modernization.
4. Is the land size a positive aspect?
Yes. While the house is small, the lot is a standard neighborhood size (approx. 4,500 sqft). This is a key asset, offering decent outdoor space and future potential, whether for gardening, expansion, or redevelopment.
5. How does it compare to nearby sold properties?
Based on available data, it last sold in 2016 for a price range consistent with a very modest, entry-level home. Its value proposition remains similar: it's a comparative bargain for the area, with the understanding that value comes from the lot and location, not the current structure.