Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Bank Avenue): Below Average. Ranked #68 out of 84 (Bottom 19%). The street average for comparable homes is 891 sqft.
Neighborhood Level (Glenwood): Below Average. Ranked #1,533 out of 1,716 (Bottom 11%). The neighborhood average for comparable homes is 1,015 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #188,696 out of 194,457 (Bottom 3%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Bank Avenue): Below Average. Ranked #68 out of 84 (Bottom 19%). The street average for comparable homes is 331.4k.
Neighborhood Level (Glenwood): Below Average. Ranked #1,528 out of 1,716 (Bottom 11%). The neighborhood average for comparable homes is 365.3k.
Citywide Level (Winnipeg): Below Average. Ranked #170,925 out of 194,455 (Bottom 12%). The citywide average for comparable homes is 435.4k.
Street Level (Bank Avenue): Below Average. Ranked #75 out of 84 (Bottom 11%). The street average for comparable homes is 1952.
Neighborhood Level (Glenwood): Below Average. Ranked #1,333 out of 1,716 (Bottom 22%). The neighborhood average for comparable homes is 1952.
Citywide Level (Winnipeg): Below Average. Ranked #165,201 out of 194,457 (Bottom 15%). The citywide average for comparable homes is 1966.
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.
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
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
30 Bank Avenue — 13 amenities found within 500 m, across 8 categories, including 3 dining (nearest 162 m), 1 education (nearest 489 m), 2 healthcare (nearest 140 m).
Crime & safety
Waste collection schedule
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Related homes
Nearby interested homes
Address · Year Built · Living Area
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Similar assessed value
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Is this home right for you?
Property Overview
This is a compact 680-square-foot home built in 1925, situated on a 3,747-square-foot lot in Winnipeg’s Glenwood area. The living space is well below citywide averages—ranking in the bottom 3% citywide for size—and the assessed value of $225,000 reflects that. The land is also on the smaller side, though less drastically so than the house itself.
Where its appeal lies: The property’s main draw is its entry-level price point in a central Winnipeg neighbourhood. For buyers who prioritize location and are willing to compromise on square footage, this is a realistic starting point. The 1925 build date means it has character and likely solid bones if well maintained, but also implies the need for updates and careful inspection. It suits someone looking to get into the market without stretching for a larger home, or an investor seeking a smaller renovation project in an area with established streets and services.
Type of buyer it would suit: First-time buyers with a modest budget, downsizers who want less space to maintain, or buyers who see potential in a small property that could be expanded or upgraded over time. It would not suit anyone needing generous living space, a large yard, or a move-in-ready home without compromises.
Frequently Asked Questions
1. How does this home compare to others on Bank Avenue?
It ranks in the bottom 19% for living area and bottom 20% for both assessed value and land size on that street. The average home on Bank Avenue is about 891 square feet, so this is noticeably smaller than most of its neighbours.
2. Is a 1925 home likely to need major repairs?
It depends on its history, but homes of this age often require updated electrical, plumbing, insulation, and foundation work. A thorough home inspection is essential. The ranking data doesn’t assess condition, so buyer due diligence is critical.
3. Why is the assessed value so low relative to citywide averages?
The assessed value of $225,000 is driven primarily by the very small living area and modest lot size. While Winnipeg’s average home is assessed around $342,000 (based on the citywide average of 1,342 sqft), this property’s size and age place it well below that benchmark.
4. Could this property be expanded or renovated to add space?
Potentially, but you’d need to check local zoning rules, setback requirements, and permits. The 3,747-square-foot lot is below average for Glenwood, so expansion options may be limited compared to larger lots in the area.
5. How does the land size compare to similar homes in Glenwood?
This lot is in the bottom 29% for the neighbourhood, where the average lot is larger. It’s not exceptionally tight, but it’s smaller than most—so outdoor space, gardening, or future additions should be considered accordingly.