148 Bank Avenue

Glenwood, Winnipeg

64.1

Fair

Overall 64.1

Newer than most nearby homes

1,062 sqft (top 36%)

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

5% larger 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

64.1 is composed by the two sections below.

Property Score

50.9Fair
Living Area1,062 sqft52Fair
Year Built195236Low
Lot Size4,997 sqft60Fair
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

above average
1,062 sqft
0255075100
Same streetTop 23%Same areaTop 36%CitywideBottom 35%
Same street · Bank Avenue
#19 / 84
Top 23% · Avg 891 sqft
Same area · Glenwood
#624 / 1,716
Top 36% · Avg 1,015 sqft
Citywide · Winnipeg
#126,770 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
350k
0255075100
Same streetTop 14%Same areaTop 25%CitywideBottom 46%
Same street · Bank Avenue
#12 / 84
Top 14% · Avg 295.3k
Same area · Glenwood
#429 / 1,716
Top 25% · Avg 321.2k
Citywide · Winnipeg
#104,540 / 194,458
Bottom 46% · Avg 390.1k

Year Built

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

Lot Size

around average
4,997 sqft
0255075100
Same streetTop 33%Same areaTop 40%CitywideBottom 44%

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

148 Bank Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 368 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 8/2016CA$250k–300k
Sold price

Same street

Bottom 32%

Same area

Bottom 37%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 148 Bank Avenue, Winnipeg

Property Overview: 148 Bank Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in Glenwood is a solid, above-average offering within its immediate neighborhood. Built in 1952, it features 1,062 sqft of living space, which is notably larger than many comparable homes on Bank Avenue. Its appeal is rooted in its practical updates and strong local standing. The home boasts a renovated basement and a detached garage, adding functional value. With an assessed value of $350k, it ranks in the top 25% for the Glenwood area, suggesting it is a well-regarded property relative to its peers.

The property would suit buyers looking for a move-in-ready home in an established neighborhood without requiring major immediate work. It’s particularly appealing to first-time buyers or downsizers who prioritize a renovated basement for extra living space and value a larger-than-average lot (nearly 5,000 sqft) for the area. A thoughtful perspective is that this home represents a "known quantity" – its value metrics consistently outperform local averages, offering a sense of security and established equity in a neighborhood context, rather than just city-wide speculation.

Section 2: Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 1,062 sqft, this home is above the average for both Bank Avenue (891 sqft avg.) and the wider Glenwood area (1,015 sqft avg.), offering more interior space than many direct comparables.

2. What does the assessed value ranking indicate?
An assessed value of $350k places this property in the top 14% on its street and top 25% in Glenwood. This generally indicates that the property is valued higher than most in its immediate vicinity, often reflecting factors like condition, improvements, or lot desirability.

3. Is the basement development a full suite?
The listing specifies a renovated basement, but does not detail if it is a legal suite with separate entrance/kitchen. This would be a key point to clarify with the seller or listing agent.

4. What is the typical lot size in the area?
The lot is 4,997 sqft, which is slightly larger than the Glenwood average (~4,466 sqft) and provides a decent outdoor space for a mature neighborhood.

5. How can I find out the exact historical sale prices?
The listed sale price ranges are based on public data. The site offers to provide the exact sold price history via a manual email service, with a noted sale occurring in August 2016.

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