49 Bank Avenue

Glenwood, Winnipeg

Property score

65.8

Good

Overall 65.8 · Larger than most nearby homes

1,172 sqft (top 26%) · Built in 1947 (5 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

15% larger than neighborhood avg.

Year Built

Near average

5 yrs older than neighborhood avg.

Mother tongue

English · 73%French · 6%

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

65.8 is composed by the two sections below.

Property Score

55.5Fair
Living Area60
1,172 sqftFair
Year Built30
1947Low
Lot Size67
5,015 sqftGood
Neighbourhood Sales Activity69
Good

Community Score

81.3Excellent
Household Income77
Good
Education Level82
Excellent
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health90
Excellent

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: #46110568

Community deep dive

$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

Population, labour & age

Population (2021)474
Labour force participation rate83%
Median age34.0
Avg household size2.4
Unemployment rate10%
Population density4309 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households30%
Couple families with children23%
Median household income (2020)$82K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority20%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 73%
Mother tongue (2nd)French · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,172 sqft
0255075100
Same streetTop 15%Same areaTop 26%CitywideBottom 47%
Same street · Bank Avenue
#13 / 84
Top 15% · Avg 891 sqft
Same area · Glenwood
#444 / 1,716
Top 26% · Avg 1,015 sqft
Citywide · Winnipeg
#102,801 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

above average
333k
0255075100
Same streetTop 24%Same areaTop 30%CitywideBottom 40%
Same street · Bank Avenue
#20 / 84
Top 24% · Avg 295.3k
Same area · Glenwood
#518 / 1,716
Top 30% · Avg 321.2k
Citywide · Winnipeg
#116,519 / 194,458
Bottom 40% · Avg 390.1k

Year Built

around average
1947
0255075100
Same streetBottom 45%Same areaBottom 47%CitywideBottom 24%

Lot Size

above average
5,015 sqft
0255075100
Same streetTop 15%Same areaTop 38%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

49 Bank Avenue — 12 amenities found within 500 m, across 7 categories, including 3 dining (nearest 236 m), 2 healthcare (nearest 224 m), 2 shopping (nearest 320 m).

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

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 9/2021CA$350k–400k
Sold price

Same street

Top 27%

Same area

Top 23%

City-wide

Top 41%

Related homes

Highlights & common questions: 49 Bank Avenue, Winnipeg

Property Overview: 49 Bank Avenue, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home in Glenwood presents a solid, above-average offering for its immediate neighborhood. Built in 1947, its primary appeal lies in its generous proportions relative to nearby homes. With 1,172 sqft of living space, it ranks in the top 15% on its own street and the top 26% in Glenwood for size. It sits on a 5,015 sqft lot, which is also notably larger than most on Bank Avenue. A key feature is the renovated basement, adding functional living space, and the property includes a detached garage.

The home’s assessed value places it above average for both the street and the neighborhood, suggesting it is a well-regarded property in the area. It last sold in late 2021. This combination of a larger lot, renovated basement, and spacious interior for the area makes it a practical choice. It would suit buyers looking for a character home with room to breathe in an established neighborhood, particularly those who value more interior and exterior space than is typical for the block, without venturing into a full-scale project home.

A less obvious perspective is that its "above average" rankings on its street indicate it might be one of the more substantial and potentially quieter properties on the block, set back from the road. Its city-wide rankings, however, are around the median, offering a grounded view that its standout qualities are very much specific to its local context.

Frequently Asked Questions

1. How does this home compare in size to others nearby?
It is notably larger than most homes on Bank Avenue and in the wider Glenwood area, ranking in the top 15% and 26% respectively for living area.

2. What is the significance of the lot size?
At over 5,000 sqft, the lot is larger than most on the street. This offers more outdoor space, potential for gardening, or room for additions like a shed or deck, compared to neighboring properties.

3. The home was built in 1947. What should I consider?
While the basement has been renovated, a home of this age will likely have original elements elsewhere. Prospective buyers should budget for ongoing maintenance and updates to older systems, which is typical for Winnipeg’s housing stock from this era.

4. The assessed value seems low compared to the city-wide average. Why?
The city-wide average assessed value includes all property types and newer neighborhoods. This home’s value is above average for its specific street and neighborhood, which is a more relevant comparison for understanding its place in the local market.

5. Where can I find the exact historical sale price?
The exact sold price is not publicly listed in the details. You can request it directly via the provided email form on the listing page; the service aims to provide the accurate figure manually by the end of the same day.