38 Bank Avenue

One StoreyBuilt 1953Living Area 748 sqftDetached Garage
Sale History
SOLDin Apr 2023
340K±5,000↗11yr +25.9%
Tax Assessment
392k(prev. 347k)
+45k(+13%)
DateSold PriceNeighbourhood
2023-04Sold340K±5,00037/77
2012-05Sold270K±5,0009/122

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

Map
↑
Below average748 sqft · top 78% in area · built 1953 · 1 yrs newer than avg
$
High-income areaMedian household income ~$92K · top tier income demographics
→
3-min walk to transit2 nearby routes · score 74/100
Score

Property score

Overall score
52.6● Fair
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
31.8
Low
Living area
22
Year built
36
Lot size
53
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
748 sqft
● BELOW AVERAGE
StreetBottom 33%AreaBottom 22%CityBottom 6%
Same street
Bottom 33%
#56 / 84
Same area
Bottom 22%
#1,336 / 1,716
Citywide
Winnipeg
Bottom 6%
#182,396 / 194,457
Tax-Assessed Value
392 k
● NEAR AVERAGE
StreetTop 15%AreaTop 26%CityBottom 46%
Same street
Top 15%
#13 / 84
Same area
Top 26%
#453 / 1,716
Citywide
Winnipeg
Bottom 46%
#104,610 / 194,455
Year Built
1953
● NEAR AVERAGE
StreetTop 20%AreaTop 25%CityBottom 31%
Same street
Top 20%
#17 / 84
Same area
Top 25%
#427 / 1,716
Citywide
Winnipeg
Bottom 31%
#133,644 / 194,457
Lot Size
4,247 sqft
● BELOW AVERAGE
StreetBottom 36%AreaBottom 40%CityBottom 30%
Same street
Bottom 36%
#54 / 84
Same area
Bottom 40%
#1,031 / 1,716
Citywide
Winnipeg
Bottom 30%
#136,521 / 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 ▼
38 Bank Avenue: Living Area Analysis

Street Level (Bank Avenue): Below Average. Ranked #56 out of 84 (Bottom 33%). The street average for comparable homes is 891 sqft.

Neighborhood Level (Glenwood): Below Average. Ranked #1,336 out of 1,716 (Bottom 22%). The neighborhood average for comparable homes is 1,015 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #182,396 out of 194,457 (Bottom 6%). The citywide average for comparable homes is 1,342 sqft.

38 Bank Avenue: Tax-Assessed Value Analysis

Street Level (Bank Avenue): Above Average. Ranked #13 out of 84 (Top 15%). The street average for comparable homes is 331.4k.

Neighborhood Level (Glenwood): Around Average. Ranked #453 out of 1,716 (Top 26%). The neighborhood average for comparable homes is 365.3k.

Citywide Level (Winnipeg): Below Average. Ranked #104,610 out of 194,455 (Bottom 46%). The citywide average for comparable homes is 435.4k.

38 Bank Avenue: Year Built Analysis

Street Level (Bank Avenue): Above Average. Ranked #17 out of 84 (Top 20%). The street average for comparable homes is 1952.

Neighborhood Level (Glenwood): Around Average. Ranked #427 out of 1,716 (Top 25%). The neighborhood average for comparable homes is 1952.

Citywide Level (Winnipeg): Below Average. Ranked #133,644 out of 194,457 (Bottom 31%). The citywide average for comparable homes is 1966.

38 Bank Avenue: Lot Size Analysis

Street Level (Bank Avenue): Below Average. Ranked #54 out of 84 (Bottom 36%). The street average for comparable homes is 4,531 sqft.

Neighborhood Level (Glenwood): Below Average. Ranked #1,031 out of 1,716 (Bottom 40%). The neighborhood average for comparable homes is 4,466 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #136,521 out of 194,457 (Bottom 30%). 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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  • Detailed market analysis
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  • Recent sold count in the area
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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.
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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

38 Bank Avenue — 12 amenities found within 500 m, across 7 categories, including 3 dining (nearest 190 m), 2 healthcare (nearest 164 m), 2 shopping (nearest 273 m).

Search radius
🍽️Dining3
🏥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 38 Bank Avenue. No advertising. Data source details →

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Highlights & common questions

Is this home right for you?

Property highlights

Property Overview: 38 Bank Avenue, Glenwood, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home with a renovated basement, built in 1953 on a standard-sized lot in Winnipeg's Glenwood neighborhood. Its primary appeal lies in being a well-positioned, lower-maintenance entry point into the housing market. At 748 sqft, the living space is modest—smaller than most homes in Glenwood and significantly below the city average—making it a true starter home or a practical downsizing option.

The data reveals a compelling financial perspective: the home's assessed value ranks above average for both its street and neighborhood. This suggests it may offer good value relative to its immediate surroundings, potentially presenting an opportunity for buyers focused on location within a budget. The detached garage adds practical utility. This property would suit first-time buyers seeking affordability without sacrificing a renovated living space, or investors looking for a manageable rental property with a solid baseline value in a stable area.

Frequently Asked Questions

1. How does the size of this home compare to others?
At 748 sqft, the living area is below the average for both the Glenwood neighborhood (1,015 sqft) and the city of Winnipeg (1,342 sqft). It is a compact, efficient layout.

2. What does the assessed value ranking indicate?
The home’s assessed value is above the average for Bank Avenue and the Glenwood area. This can indicate that the property holds its value well within its local context, though it is always one factor to consider alongside market conditions and the home's condition.

3. Is the basement finished?
Yes, the listing specifies the basement is renovated.

4. What is the lot size?
The lot is 4,247 sqft, which is around the average for the street and the neighborhood.

5. How can I find out the exact historical sale prices?
Exact sold prices are provided upon request via email. The publicly displayed data shows the sold price in April 2023 was in the range of $32.50k to $35.50k.