151 Bank Avenue

Glenwood, Winnipeg

61.1

Fair

Overall 61.1

Newer than most nearby homes

920 sqft (top 50%)

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

9% 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 Area920 sqft42Low
Year Built195236Low
Lot Size5,021 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
920 sqft
0255075100
Same streetTop 36%Same areaTop 50%CitywideBottom 18%
Same street · Bank Avenue
#30 / 84
Top 36% · Avg 891 sqft
Same area · Glenwood
#863 / 1,716
Top 50% · Avg 1,015 sqft
Citywide · Winnipeg
#158,755 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
289k
0255075100
Same streetTop 49%Same areaBottom 44%CitywideBottom 26%
Same street · Bank Avenue
#41 / 84
Top 49% · Avg 295.3k
Same area · Glenwood
#957 / 1,716
Bottom 44% · Avg 321.2k
Citywide · Winnipeg
#143,334 / 194,458
Bottom 26% · Avg 390.1k

Year Built

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

Lot Size

above average
5,021 sqft
0255075100
Same streetTop 7%Same areaTop 37%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

151 Bank Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 412 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 10/2024CA$300k–350k
Sold price

Same street

Bottom 49%

Same area

Top 48%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 151 Bank Avenue, Winnipeg

Property Overview: 151 Bank Avenue, Glenwood, Winnipeg

Key Characteristics & Appeal

This is a classic, one-storey home built in 1952, offering a straightforward and manageable footprint of 920 square feet. Its primary appeal lies in its solid positioning within the established Glenwood neighborhood. The home presents a balanced, no-surprises profile: its living space and assessed value are very typical for the immediate area, making it a predictable and stable entry point into the market.

A standout feature is the generous 5,021 sqft lot, which is notably larger than many others on Bank Avenue. This offers valuable outdoor space and potential that is less common for homes of this vintage and style in the vicinity. The property includes a detached garage and a basement (not renovated), providing functional storage and workshop space.

This home would suit first-time buyers or practical downsizers looking for a grounded, lower-maintenance property in a mature neighborhood. It’s for someone who values a larger yard over a recently updated interior and sees potential in a home that is average in many metrics but offers a tangible asset in its land size. The recent sale in late 2024 suggests it’s a move-in ready property, likely appealing to those seeking a straightforward purchase without a bidding war.


Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 920 sqft, the living area is very close to the average for both Bank Avenue and the wider Glenwood area. It’s a comfortably sized bungalow for the neighborhood, though it is below the citywide average.

2. What is the significance of the lot size?
The lot of over 5,000 sqft is a key asset. It ranks in the top 7% on Bank Avenue, meaning it offers more outdoor space than most direct neighbors—a valuable feature for gardening, play, or future expansion.

3. Is the assessed value a good indicator of the sale price?
The home recently sold for between $28.5k and $31.5k, which aligns closely with its assessed value of $28.9k. This indicates the assessment is current and the sale was likely a fair market transaction.

4. What does "basement, not renovated" typically mean?
This usually indicates a functional, unfinished basement common to homes of this era. It provides essential utility space and storage but would require investment to convert into finished living space.

5. The home is older; should I be concerned?
Built in 1952, it is actually newer than many homes on its street and in Glenwood. While older systems may need attention, its age is typical and unremarkable for the area, and the construction quality of this period is often considered robust.

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