67.9
Good
Property score
67.9
Good
Overall 67.9
Newer than most nearby homes
1,296 sqft (top 37%)
Built in 1976 (5 yrs newer than avg)
Located in a high-income area
with median household income of ~91k
Transit 64.0
1-min walk to transit with 1 nearby route
Within 500m: 2 schools, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Above average
5 yrs newer than neighborhood avg.
Mother tongue
English · 89%French · 2%
Past 10 years Heritage Park sales snapshot (~80% of all data)
295
501.3k
$272/sqft
1971
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67.9 is composed by the two sections below.
Property Score
Community Score
Heritage Park
How to read: Share of sales in each ~$50k price band for “heritage park” (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: #46110299
$91K
Median household income
$108K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
32%
Single-person households
22%
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
71 Hamilton Avenue — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 252 m), 3 parks (nearest 193 m).
Heritage Park · WPS public data · 2026
Annual incidents
21
2026
vs. city avg
-29%
relative to avg
Year-over-year
▼ -88%
vs. prior year
Primary type
Property
43%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 21% | Bottom 3% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
71 Hamilton Avenue is a 4-level split home built in 1976, located in Winnipeg's Heritage Park neighbourhood. With 1,296 sqft of living space, it sits on a 3,148 sqft lot and features a basement that is noted as not being renovated. The home has no garage or pool. Its current assessed value is $26,900.
Key Characteristics & Appeal
This home presents a specific value proposition. Its key appeal lies in its efficient use of space, offering above-average living area for its immediate street and neighbourhood, all within a modest assessed value. This creates a lower property tax burden compared to many area homes. The 4-level split design provides natural separation of living spaces, which can suit families or those who like defined zones for living, sleeping, and recreation.
The property would suit practical, value-conscious buyers such as first-time homeowners seeking an entry into the neighbourhood, or investors looking for a rental property with a favourable assessed value-to-rent ratio. It’s less suited for those seeking a large yard or a move-in-ready, fully renovated basement. A thoughtful perspective is that the unrenovated basement, while a project, offers a blank canvas for customization without paying a premium for someone else’s finished work. Additionally, its assessed value being significantly below neighbourhood averages suggests a potential long-term tax advantage, even as the area evolves.
Frequently Asked Questions
1. Why is the assessed value so much lower than the average sold price?
Assessed value is set by the municipality for tax purposes and often lags behind current market values, which are determined by what buyers are willing to pay. A low assessment can mean relatively lower property taxes.
2. What does "basement not renovated" typically imply?
It usually means the basement is in a functional but basic state, likely with unfinished or dated finishes. It offers utility and storage space but will require investment to modernize or finish it to match the main living areas.
3. How does the smaller lot size impact the property?
The lot is below average in size for the area. This means lower maintenance for yard work but also less private outdoor space. It may also influence future expansion potential, such as additions or a garage.
4. Is a 4-level split an efficient layout?
It offers good separation of space, often with living areas on two mid-levels and bedrooms split across upper and lower levels. The trade-off is more stairs between living zones, which may not suit everyone.
5. The sold price history shows a wide range. How is that accurate?
Publicly available sales data is often reported in broad ranges. For the exact historical sold price, you need to request it directly from the listing service or your real estate agent, who can access the precise figure.
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