89 Bank Avenue

Glenwood, Winnipeg

Property score

52.9

Fair

Overall 52.9 · Smaller but newer than most nearby homes

785 sqft (bottom 28%) · Built in 1953 (1 yr newer than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 1 healthcare facility, 2 shops, and 1 park nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer 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

52.9 is composed by the two sections below.

Property Score

33.9Low
Living Area22
785 sqftLow
Year Built36
1953Low
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

around average
785 sqft
0255075100
Same streetBottom 43%Same areaBottom 28%CitywideBottom 8%
Same street · Bank Avenue
#48 / 84
Bottom 43% · Avg 891 sqft
Same area · Glenwood
#1,230 / 1,716
Bottom 28% · Avg 1,015 sqft
Citywide · Winnipeg
#178,723 / 194,458
Bottom 8% · Avg 1,342 sqft

Tax-Assessed Value

around average
313k
0255075100
Same streetTop 36%Same areaTop 41%CitywideBottom 33%
Same street · Bank Avenue
#30 / 84
Top 36% · Avg 295.3k
Same area · Glenwood
#695 / 1,716
Top 41% · Avg 321.2k
Citywide · Winnipeg
#129,931 / 194,458
Bottom 33% · Avg 390.1k

Year Built

above average
1953
0255075100
Same streetTop 20%Same areaTop 25%CitywideBottom 31%

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

89 Bank Avenue — 11 amenities found within 500 m, across 7 categories, including 3 dining (nearest 395 m), 1 healthcare (nearest 368 m), 2 shopping (nearest 372 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 8/2021CA$300k–350k
Sold price

Same street

Top 46%

Same area

Top 40%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 89 Bank Avenue, Winnipeg

Property Overview: 89 Bank Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Glenwood presents a practical and straightforward opportunity. Its key appeal lies in its balance of a generous, above-average lot size (over 5,000 sqft) and a recently renovated basement, paired with a manageable 785 sqft main-floor footprint. While the living area is modest compared to broader city averages, it ranks solidly within its immediate neighborhood on Bank Avenue. The home’s 1953 build date is notably older than many on its street, which can suggest a well-established streetscape and mature landscaping.

The property suits first-time buyers or downsizers seeking a lower-maintenance, single-level layout with clear renovation work already completed in the basement. It also appeals to value-focused buyers who prioritize land size over interior square footage, seeing potential in the sizable yard for gardening, expansion, or future outdoor living space. The detached garage adds functional storage or workshop space. Its assessed value is consistently around the average for its area, indicating a stable, non-speculative market position.

Section 2: Frequently Asked Questions

1. Is the house smaller than average?
Yes, the 785 sqft living area is below the average for both the wider Glenwood area and Winnipeg city-wide. However, it is closer to the average size for other homes directly on Bank Avenue itself.

2. What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the scope. A prospective buyer should inquire about the permits, finish quality, and whether it includes legal secondary suite potential or simply additional living space.

3. How does the lot size compare?
The 5,015 sqft lot is a standout feature. It is larger than most lots on Bank Avenue and in the Glenwood area, offering more private outdoor space than many comparable properties.

4. What is the significance of the 1953 build date?
Built in 1953, this home is older than many on its street and in the city. This typically means character-built construction but also necessitates a thorough inspection of major aging components like the roof, plumbing, and electrical systems.

5. Why is there a range for the last sold price?
The sold price history shows a range (e.g., $30.50k ~ $33.50k) based on public data. The exact sale price is available upon request from the site to ensure accuracy, as some public records only provide approximations.