147 Bank Avenue

Glenwood, Winnipeg

61.1

Fair

Overall 61.1

Newer than most nearby homes

952 sqft (top 47%)

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 park nearby

Living Area

Near average

6% 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)

Sold Count

785

Median price

376k

$/sqft

$381/sqft

Avg build year

1952

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Property score

61.1 is composed by the two sections below.

Property Score

45.9Low
Living Area952 sqft42Low
Year Built195236Low
Lot Size5,020 sqft67Good
Neighbourhood Sales Activity69Good

Community Score

83.8Excellent
Household Income81Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110569

Community deep dive

$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

Population, labour & age

Population (2021)603
Labour force participation rate70%
Median age39.2
Avg household size2.3
Unemployment rate10%
Population density1402 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households28%
Couple families with children24%
Median household income (2020)$92K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority18%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
952 sqft
0255075100
Same streetTop 33%Same areaTop 47%CitywideBottom 21%
Same street · Bank Avenue
#28 / 84
Top 33% · Avg 891 sqft
Same area · Glenwood
#812 / 1,716
Top 47% · Avg 1,015 sqft
Citywide · Winnipeg
#152,764 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

around average
319k
0255075100
Same streetTop 32%Same areaTop 37%CitywideBottom 35%
Same street · Bank Avenue
#27 / 84
Top 32% · Avg 295.3k
Same area · Glenwood
#636 / 1,716
Top 37% · Avg 321.2k
Citywide · Winnipeg
#126,091 / 194,458
Bottom 35% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 26%Same areaTop 27%CitywideBottom 30%

Lot Size

above average
5,020 sqft
0255075100
Same streetTop 8%Same areaTop 38%CitywideBottom 46%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

147 Bank Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 402 m).

Search radius
🌳Parks1

Crime & Safety

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%

Sales History

Sold 5/2019CA$250k–300k
Sold price

Same street

Bottom 41%

Same area

Bottom 46%

City-wide

Bottom 35%

Related homes

Highlights & common questions: 147 Bank Avenue, Winnipeg

Property Overview: 147 Bank Avenue, Glenwood, Winnipeg

Key Characteristics & Appeal

This is a classic, well-maintained 1952 one-storey home in Winnipeg's Glenwood neighborhood. With 952 sqft of living space and a renovated basement, it offers a practical layout for everyday living. Its standout feature is the 5,020 sqft lot, which is notably larger than most on Bank Avenue and in the surrounding area, providing valuable outdoor space and potential.

The home’s appeal lies in its grounded, established character. It represents a solid entry point into the market, particularly for those who value a larger yard over sheer interior square footage. The detached garage adds functional storage or workshop space. While the living area is modest city-wide, it is competitive for the immediate street and neighborhood, suggesting the home is priced appropriately within its local context.

This property would suit first-time buyers, downsizers, or practical investors looking for a low-maintenance, single-level home with room to garden, entertain, or simply enjoy private outdoor space. It’s for someone who sees the inherent value in a generous lot—a feature that can’t be expanded—within a mature community.


Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value is a municipal figure for tax purposes. The recent sold price history for the home and comparable nearby properties, which you can request via email, will provide a more accurate guide to current market value.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This is a key point for a viewing, to understand the finish quality, ceiling height, and whether it includes a legal secondary suite or additional living space.

3. Is the larger lot a benefit for future expansion?
Potentially. The lot size is a significant asset. Buyers should verify local zoning bylaws to understand if there is potential for additions, a garage expansion, or even future subdivision, which could add long-term value.

4. How does this home rank for its age?
Built in 1952, it is actually newer than many homes on its street and in Glenwood. This suggests it may have benefited from slightly updated construction methods or materials for its era, though a thorough inspection is always recommended.

5. What is the neighborhood feel of this part of Glenwood?
The data shows homes on Bank Avenue are very consistent in size, value, and age. This indicates a stable, uniform streetscape of well-established properties, often appealing to those seeking a quiet, consistent character without drastic variations between houses.

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