Property score
46.4
Below average
Overall 46.4 · Newer than most nearby homes
760 sqft (bottom 40%) · Built in 1973 (2 yrs newer than avg)
Located in a average-income area with median household income of ~56k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 59%Punjabi · 5%
Past 10 years Lavalee sales snapshot (~80% of all data)
66
217.4k
$247/sqft
1971
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46.4 is composed by the two sections below.
Property Score
Community Score
Lavalee
How to read: Share of sales in each ~$50k price band for “lavalee” (Condos, 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: #46110574
$56K
Median household income
$60K
Average household income
26%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.1
P90 / P10 ratio
37%
Single-person households
18%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
4-385 St Anne'S Road — 7 amenities found within 500 m, across 6 categories, including 1 education (nearest 436 m), 1 healthcare (nearest 317 m), 1 shopping (nearest 204 m).
Lavalee · WPS public data · 2026
Annual incidents
4
2026
vs. city avg
-86%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Violent
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 8% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 4-385 St Anne's Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a 760 sqft condo unit in the Lavalee neighbourhood, built in 1973. Its most defining characteristic is its exceptionally low financial footprint. The assessed value is notably below averages for the street, area, and city-wide, placing it in the top 1-3% of least expensive properties in these comparisons. This translates to very low property taxes, which is a significant, ongoing cost advantage.
The appeal lies squarely in affordability and practicality. It suits first-time buyers seeking a minimal entry point into the market, investors looking for a low-cost rental property with a stable baseline, or downsizers prioritizing fixed, low housing costs over space. The unit is smaller than most comparable homes, which is a trade-off for the low carrying costs. A less obvious perspective is that, within its immediate condo complex on St. Anne's Road, it is one of the oldest units, which may imply a well-established strata but also potential for older building systems. Interestingly, within the broader Lavalee area, its 1973 build date is actually older than most peers, suggesting the immediate complex is a mature pocket within the neighbourhood.
Section 2: Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This is the most critical question, as condo fees can significantly impact the true affordability. The listing data does not include this information; it must be obtained directly from the property listing or condo corporation.
2. Why is the assessed value so much lower than surrounding properties?
The unit's below-average size and 1973 build date are primary factors. Assessed value is based on market value for taxation purposes, and this combination results in a low valuation compared to newer, larger homes.
3. What was the exact historical sale price?
Public data shows a sale in November 2017 for an estimated range of $12.5k to $15.5k. The exact price is not publicly disclosed, but can be requested directly from the website providing this data.
4. Is this a good investment for a rental property?
Given the low assessed value and purchase price, the barrier to entry is low, which can improve cash flow potential. However, viability depends entirely on the purchase price, condo fees, market rental rates, and the building's rules on rentals.
5. What should I investigate about the condo building's condition?
Given the age (53 years), a prospective buyer should review the condo corporation's reserve fund study and minutes from recent meetings to understand the financial health of the building and plan for any major repairs (e.g., roof, plumbing, building envelope).
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