57 Bank Avenue

Glenwood, Winnipeg

Property score

52.7

Fair

Overall 52.7 · Older than most nearby homes

800 sqft (bottom 31%) · Built in 1923 (29 yrs older than avg)

Located in a above-average income area with median household income of ~82k

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

Below average

21% smaller than neighborhood avg.

Year Built

Below average

29 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

52.7 is composed by the two sections below.

Property Score

33.6Low
Living Area32
800 sqftLow
Year Built20
1923Low
Lot Size46
3,761 sqftLow
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

around average
800 sqft
0255075100
Same streetBottom 46%Same areaBottom 31%CitywideBottom 9%
Same street · Bank Avenue
#45 / 84
Bottom 46% · Avg 891 sqft
Same area · Glenwood
#1,185 / 1,716
Bottom 31% · Avg 1,015 sqft
Citywide · Winnipeg
#176,688 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

around average
261k
0255075100
Same streetBottom 32%Same areaBottom 26%CitywideBottom 20%
Same street · Bank Avenue
#57 / 84
Bottom 32% · Avg 295.3k
Same area · Glenwood
#1,268 / 1,716
Bottom 26% · Avg 321.2k
Citywide · Winnipeg
#156,069 / 194,458
Bottom 20% · Avg 390.1k

Year Built

below average
1923
0255075100
Same streetBottom 6%Same areaBottom 19%CitywideBottom 14%

Lot Size

around average
3,761 sqft
0255075100
Same streetBottom 27%Same areaBottom 30%CitywideBottom 23%

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

57 Bank Avenue — 11 amenities found within 500 m, across 7 categories, including 3 dining (nearest 261 m), 1 healthcare (nearest 245 m), 2 shopping (nearest 324 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 7/2024CA$250k–300k
Sold price

Same street

Bottom 24%

Same area

Bottom 32%

City-wide

Bottom 26%
Sold 10/2020CA$200k–250k
Sold price

Same street

Bottom 11%

Same area

Bottom 15%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 57 Bank Avenue, Winnipeg

Property Overview: 57 Bank Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Glenwood is a practical and character-filled property built in 1923. Its key appeal lies in its balance of historic charm and modern updates, notably a renovated basement that adds functional living space. With 800 sqft of living area and a 3,761 sqft lot, it sits comfortably within the averages for its immediate street and neighborhood, offering a manageable scale for maintenance.

The home suits first-time buyers or downsizers seeking an established community without the premium of a new build. Its assessed value is notably below the city-wide average, presenting a relative value proposition within Winnipeg. A thoughtful perspective for buyers is the home’s established presence; a 103-year-old house in a neighborhood of similar vintage often comes with mature trees, settled foundations, and a well-defined sense of community that newer developments are still growing into. The detached garage adds flexibility for storage or projects. This is a home for someone who values practicality, character over sheer size, and a solid foothold in a long-standing neighborhood.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others nearby?
At 800 sqft, the living area is slightly below the Glenwood neighborhood average but is quite typical for Bank Avenue itself. It represents a more compact, efficient footprint.

2. What does the assessed value indicate?
The assessed value is below both the neighborhood and city-wide averages. This can suggest a potentially lower property tax burden and may indicate an entry point into the area, though it often correlates with the home’s older age and modest size.

3. Is an older home like this a concern?
Built in 1923, it is among the older homes on the street. This brings character but means a thorough inspection is essential to understand the condition of major systems like wiring, plumbing, and the roof, which may have been updated over time.

4. How has the property’s value changed recently?
Based on available data, the sold price range in 2024 was higher than the 2020 sale, suggesting market appreciation. For the exact historical sold prices, you can request the details via email from the listing source.

5. What are the benefits of the lot size?
The lot is just under 3,800 sqft, which is slightly smaller than others on the street but still provides decent outdoor space for a garden or patio. It offers a balance between yard maintenance and usable private space.