28 Bank Avenue

Two StoreyBuilt 2022Living Area 1,568 sqftDetached Garage
Sale History
SOLDin Jan 2024
650K±5,0002yr +4.8%
Tax Assessment
691k(prev. 611k)
+80k(+13.1%)
DateSold PriceNeighbourhood
2024-01Sold650K±5,0002/85
2022-10Sold620K±5,0007/115

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Above average1,568 sqft · top 6% in area · built 2022 · 70 yrs newer than avg
$
High-income areaMedian household income ~$92K · top tier income demographics
2-min walk to transit2 nearby routes · score 74/100
Score

Property score

Overall score
80.2Good
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
77.8
Good
Living area
79
Year built
100
Lot size
46
Sales activity
69
Community Score
83.8
Good
Income
81
Education
82
Housing
93
Core need
100
Employment
76
Rankings

How it stacks up

Each metric compared against 84 homes on Bank Avenue, 1,716 in Glenwood, and 194,457 citywide. Polygon points further from the centre = better rank.
Living Area
1,568 sqft
ABOVE AVERAGE
StreetTop 4%AreaTop 6%CityTop 27%
Same street
Top 4%
#3 / 84
Same area
Top 6%
#109 / 1,716
Citywide
Winnipeg
Top 27%
#52,306 / 194,457
Tax-Assessed Value
691 k
ABOVE AVERAGE
StreetTop 1%AreaTop 2%CityTop 7%
Same street
Top 1%
#1 / 84
Same area
Top 2%
#33 / 1,716
Citywide
Winnipeg
Top 7%
#12,892 / 194,455
Year Built
2022
ABOVE AVERAGE
StreetTop 4%AreaTop 3%CityTop 1%
Same street
Top 4%
#3 / 84
Same area
Top 3%
#52 / 1,716
Citywide
Winnipeg
Top 1%
#2,841 / 194,457
Lot Size
3,747 sqft
BELOW AVERAGE
StreetBottom 20%AreaBottom 29%CityBottom 22%
Same street
Bottom 20%
#67 / 84
Same area
Bottom 29%
#1,213 / 1,716
Citywide
Winnipeg
Bottom 22%
#151,127 / 194,457
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
28 Bank Avenue: Living Area Analysis

Street Level (Bank Avenue): Above Average. Ranked #3 out of 84 (Top 4%). The street average for comparable homes is 891 sqft.

Neighborhood Level (Glenwood): Above Average. Ranked #109 out of 1,716 (Top 6%). The neighborhood average for comparable homes is 1,015 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #52,306 out of 194,457 (Top 27%). The citywide average for comparable homes is 1,342 sqft.

28 Bank Avenue: Tax-Assessed Value Analysis

Street Level (Bank Avenue): Above Average. Ranked #1 out of 84 (Top 1%). The street average for comparable homes is 331.4k.

Neighborhood Level (Glenwood): Above Average. Ranked #33 out of 1,716 (Top 2%). The neighborhood average for comparable homes is 365.3k.

Citywide Level (Winnipeg): Above Average. Ranked #12,892 out of 194,455 (Top 7%). The citywide average for comparable homes is 435.4k.

28 Bank Avenue: Year Built Analysis

Street Level (Bank Avenue): Above Average. Ranked #3 out of 84 (Top 4%). The street average for comparable homes is 1952.

Neighborhood Level (Glenwood): Above Average. Ranked #52 out of 1,716 (Top 3%). The neighborhood average for comparable homes is 1952.

Citywide Level (Winnipeg): Above Average. Ranked #2,841 out of 194,457 (Top 1%). The citywide average for comparable homes is 1966.

28 Bank Avenue: Lot Size Analysis

Street Level (Bank Avenue): Below Average. Ranked #67 out of 84 (Bottom 20%). The street average for comparable homes is 4,531 sqft.

Neighborhood Level (Glenwood): Below Average. Ranked #1,213 out of 1,716 (Bottom 29%). The neighborhood average for comparable homes is 4,466 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #151,127 out of 194,457 (Bottom 22%). The citywide average for comparable homes is 6,570 sqft.

Market

Glenwood market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
812
last 14 years
Median price
376k
14-year area median
Price per sqft
$381/sqft
area average
Avg build year
1952
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
67.9%
Buyer'sBalancedSeller's
Sold
1,822
New listings
2,684
Sold above asking?
Last 7 days
Majority over ask
56%
Below ask56% above
79 of 141 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-05

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.

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Weekly report
Winnipeg Market Report — Jun 8–14, 2026
Winnipeg's market remained active this week, with 56% of homes selling over asking and a stable $455,000 median sold price. But the premium was thinner than the previous sample: the median over-ask result was +$11,000, not a runaway bidding market across the board. For sellers, the message is still timing and pricing. The first 10 days remain the strongest window for competition. After that, the probability of a discount rises quickly. For buyers, the best opportunities are not necessarily in the cheapest homes, but in listings that have missed the early bidding window. Once a home sits beyond two weeks, negotiation room becomes much more visible.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
Community deep dive

Who lives in this neighbourhood

Dissemination area #46110569 · Statistics Canada 2021 Census · Population 603
603
Population (2021)
39.2
Median age
2.3
Avg household size
1,402 / km²
Population density
Distribution by household income band
20k-25k
2%
30k-35k
2%
40k-45k
6%
45k-50k
2%
50k-60k
12%
60k-70k
8%
70k-80k
8%
80k-90k
10%
90k-100k
10%
100k-125k
13%
125k-150k
13%
150k-200k
12%
200k plus
4%
$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
70%
Labour participation
10%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

28 Bank Avenue — 13 amenities found within 500 m, across 8 categories, including 3 dining (nearest 150 m), 1 education (nearest 478 m), 2 healthcare (nearest 130 m).

Search radius
🍽️Dining3
🏫Education1
🏥Healthcare2
🛒Shopping2
🌳Parks1
🏦Finance1
Fuel Stations2
Worship1

Crime & safety

Glenwood · WPS public data
Full crime data →
Annual incidents
26
2026
vs. city average
-12%
▲ relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
62% of incidents

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
tuesday
Recycling
tuesday
Yard waste
tuesday a

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 28 Bank Avenue. No advertising. Data source details →

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Highlights & common questions

Is this home right for you?

Property highlights

Property Overview: 28 Bank Avenue, Winnipeg

Key Characteristics & Appeal

This is a modern, two-storey home built in 2022, offering a move-in-ready opportunity with a renovated basement. Its standout feature is its exceptional value and quality relative to its surroundings. With 1,568 sqft of living space, it ranks in the top 6% of homes in the Glenwood area for size, providing more room than most local comparables. The home’s assessed value is notably high, placing it in the top 2% of Glenwood and the top 1% on its own street, indicating a premium property in its micro-market. A detached garage adds practical convenience.

The appeal lies in acquiring a like-new construction without the wait, combined with the financial confidence of owning a home that is assessed significantly higher than its neighbors—a marker of both current investment and potential stability. It suits buyers looking for a modern, low-maintenance home in a mature neighborhood, particularly those who value above-average interior space and a strong assessed value over a larger yard, as the lot size is more compact than area averages.

Frequently Asked Questions

1. Why is the assessed value so much higher than neighboring homes?
The assessment reflects the home's new construction (2022), its above-average finished living area, and the quality of its renovations. It's valued as a premium, modern property within an older, established neighborhood.

2. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the finishes or layout. This should be verified with a viewing or the listing agent to understand if it includes additional bedrooms, a living space, or a legal suite.

3. Is the lot size a concern?
At 3,747 sqft, the lot is smaller than the average for both the street and Glenwood. This may mean a smaller backyard but also less maintenance. It’s ideal for those prioritizing the home itself over extensive outdoor space.

4. How reliable are the sold price ranges shown?
The ranges are based on public data. For precise historical sale prices, you must request the information directly via the provided email service, as the vendor manually supplies the exact figures.

5. What is the neighborhood like?
Located in Glenwood, it's a mature area with a mix of older and newer homes. The property's elite rankings for value and year built suggest it is a modern standout, likely appealing to those seeking updated housing in an established community.