54 Bank Avenue

Glenwood, Winnipeg

77.3

Good

Overall 77.3

Larger and newer than most nearby homes

1,592 sqft (top 5%)

Built in 2018 (66 yrs newer than avg)

Located in a high-income area

with median household income of ~92k

Transit 74.0

3-min walk to transit with 2 nearby routes

Within 500m: 3 dining spots, 1 healthcare facility, 2 shops, and 1 park nearby

Living Area

Above average

57% larger than neighborhood avg.

Year Built

Above average

66 yrs newer than neighborhood avg.

Mother tongue

English · 79%French · 8%

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

77.3 is composed by the two sections below.

Property Score

73.0Good
Living Area1,592 sqft79Good
Year Built201897Excellent
Lot Size2,498 sqft18Low
Neighbourhood Sales Activity69Good

Community Score

83.8Excellent
Household Income81Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110569

Community deep dive

$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

Population, labour & age

Population (2021)603
Labour force participation rate70%
Median age39.2
Avg household size2.3
Unemployment rate10%
Population density1402 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households28%
Couple families with children24%
Median household income (2020)$92K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority18%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 8%

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

Rankings

Living Area

Elite
1,592 sqft
0255075100
Same streetTop 1%Same areaTop 5%CitywideTop 26%
Same street · Bank Avenue
#1 / 84
Top 1% · Avg 891 sqft
Same area · Glenwood
#85 / 1,716
Top 5% · Avg 1,015 sqft
Citywide · Winnipeg
#50,051 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

Elite
542k
0255075100
Same streetTop 6%Same areaTop 5%CitywideTop 14%
Same street · Bank Avenue
#5 / 84
Top 6% · Avg 295.3k
Same area · Glenwood
#92 / 1,716
Top 5% · Avg 321.2k
Citywide · Winnipeg
#26,621 / 194,458
Top 14% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 7%Same areaTop 9%CitywideTop 4%

Lot Size

below average
2,498 sqft
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 4%

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

54 Bank Avenue — 11 amenities found within 500 m, across 7 categories, including 3 dining (nearest 251 m), 1 healthcare (nearest 220 m), 2 shopping (nearest 278 m).

Search radius
🍽️Dining3
🏥Healthcare1
🛒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 11/2021CA$600k–650k
Sold price

Same street

Top 8%

Same area

Top 3%

City-wide

Top 7%

Related homes

Highlights & common questions: 54 Bank Avenue, Winnipeg

Property Overview

This two-storey home at 54 Bank Avenue in Winnipeg's Glenwood neighborhood stands out for its modern build and generous living space relative to its surroundings. Built in 2018, it is a notably newer construction compared to most homes on its street and in the wider city. With 1,592 sqft of living area, it offers significantly more interior space than the typical Glenwood home, placing it in the top tier of the local market. The basement has been renovated, adding to its functional space. It's important to note that the property sits on a smaller lot (2,498 sqft), which is common for newer infill developments and translates to less yard maintenance. There is no garage or pool.

Its appeal lies in its modern condition, spacious interior, and desirable location within Glenwood. It suits buyers looking for a move-in-ready, contemporary home without the concerns or update costs of an older property. It would particularly appeal to professionals or small families who prioritize interior square footage and modern amenities over a large private yard. The high assessed value reflects its premium position in the area.

Frequently Asked Questions

1. How does the smaller lot size impact the property?
While the land area is below average, this is characteristic of newer infill homes. It means lower maintenance and less time spent on yard work, which can be a positive for many modern buyers. However, it may limit options for large-scale landscaping, additions, or outdoor recreation space.

2. Why is the assessed value so much higher than neighboring properties?
The assessed value of $54.20k is in the top 5-6% for Glenwood, reflecting the home's new construction (2018), above-average living area, and renovated basement. It is assessed based on its modern features and condition, not just the land value.

3. What does "Elite" or "Top 1%" mean for the living area ranking?
This statistic indicates that this home has more living space than 99% of the 84 comparable properties on Bank Avenue. In the broader Glenwood area, it has more space than 95% of homes. This is a key differentiator, offering roominess uncommon for the neighborhood.

4. Is there any parking or storage since there's no garage?
The listing does not specify alternative parking arrangements such as a driveway or permit street parking. This is a crucial point to clarify with the seller or agent, as the lack of a garage affects vehicle storage and potentially general storage needs.

5. How can I find out the exact historical sale price?
The exact sold price from November 2021 is not publicly displayed in detail. The listing service offers to provide this precise figure via email upon request, stating they aim to reply manually by the end of the same day.

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