Property score
61.1
Fair
Overall 61.1 · Larger but older than most nearby homes
1,152 sqft (top 27%) · Built in 1924 (28 yrs older than avg)
Located in a above-average income area with median household income of ~82k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 2 shops, and 1 park nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Below average
28 yrs older than neighborhood avg.
Mother tongue
English · 73%French · 6%
Past 10 years Glenwood sales snapshot (~80% of all data)
785
376k
$381/sqft
1952
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61.1 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110568
$82K
Median household income
$84K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
30%
Single-person households
23%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
41 Bank Avenue — 13 amenities found within 500 m, across 7 categories, including 3 dining (nearest 217 m), 2 healthcare (nearest 208 m), 2 shopping (nearest 319 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 30% | Top 26% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
41 Bank Avenue is a one-and-a-half storey home in Winnipeg's Glenwood neighborhood, built in 1924. It offers 1,152 sqft of living space, a renovated basement, and a detached garage. The property sits on a 2,763 sqft lot and has a current assessed value of $350,000.
This home presents a compelling mix of character and practicality. Its primary appeal lies in offering above-average interior space and value for its immediate area, despite the lot size being more compact than neighboring properties. The renovated basement adds functional living space, a valuable asset in a home of this era.
It stands out on its street and within Glenwood, ranking in the top tiers for both living area and assessed value compared to local peers. This suggests it is a well-sized and well-regarded property in its specific micro-market. The trade-off is an older home on a smaller lot, which is reflected in its below-average rankings for year built and land area.
This property would suit a buyer looking for a character home in an established neighborhood who prioritizes interior space and updates (like the basement) over a large yard. It’s ideal for someone who values walkable, community-focused streets but doesn’t require extensive outdoor space. The data indicates it offers a premium experience within its own locale, making it a smart choice for a buyer focused on the Glenwood area specifically.
1. How does the smaller lot size impact the property?
While the lot is smaller than average for the area, this often translates to less yard maintenance. It may also mean the home occupies a larger portion of the lot, potentially offering a more substantial streetside presence.
2. The home is older than most on the street. Should I be concerned?
The 1924 build date means potential for character details but also requires a diligent inspection for aging components like the roof, wiring, and plumbing. Its above-average assessment suggests it has been maintained or updated in ways that offset its age in the market's eyes.
3. What does the "above average" ranking for value and size really mean?
It means that compared to other homes directly on Bank Avenue and in Glenwood, this property offers more interior space and is valued higher than most. This is a sign of its relative desirability within the immediate community.
4. The last sold price range shows $33.5k-$36.5k. Is that accurate?
No, that is clearly a data error or placeholder. The current assessed value is $350,000, which is a realistic benchmark. For exact historical sale prices, you must request the data directly from the source providing this information.
5. Who would this home not suit?
It would likely not suit buyers seeking a large, private yard, those who prefer a brand-new build without renovation projects, or families needing extensive outdoor play space. The compact lot is a defining feature.
