Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Watson Street): Around Average. Ranked #133 out of 315 (Top 42%). The street average for comparable homes is 922 sqft.
Neighborhood Level (Leila-Mcphillips Triangle): Below Average. Ranked #277 out of 459 (Bottom 40%). The neighborhood average for comparable homes is 937 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #19,604 out of 26,841 (Bottom 27%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Watson Street): Below Average. Ranked #197 out of 315 (Bottom 37%). The street average for comparable homes is 176.3k.
Neighborhood Level (Leila-Mcphillips Triangle): Below Average. Ranked #341 out of 459 (Bottom 26%). The neighborhood average for comparable homes is 176.3k.
Citywide Level (Winnipeg): Below Average. Ranked #24,254 out of 26,841 (Bottom 10%). The citywide average for comparable homes is 276.9k.
Street Level (Watson Street): Below Average. Ranked #172 out of 315 (Bottom 45%). The street average for comparable homes is 1989.
Neighborhood Level (Leila-Mcphillips Triangle): Around Average. Ranked #172 out of 459 (Top 37%). The neighborhood average for comparable homes is 1985.
Citywide Level (Winnipeg): Below Average. Ranked #14,556 out of 26,841 (Bottom 46%). The citywide average for comparable homes is 1990.
Leila-Mcphillips Triangle market pulse
How to read: Share of sales in each ~$50k price band for “leila-mcphillips triangle” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
101-201 Watson Street — 16 amenities found within 500 m, across 6 categories, including 7 dining (nearest 399 m), 2 healthcare (nearest 228 m), 3 shopping (nearest 345 m).
Crime & safety
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 101-201 Watson Street. No advertising. Data source details →
Related homes
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 101-201 Watson Street
Key Characteristics & Appeal
This is a modest, low-maintenance property situated in Winnipeg's Leila-Mcphillips Triangle neighborhood. Built in 1986, the 835 sqft unit is a practical space that ranks around average for its size and age compared to immediate neighbors on Watson Street. Its primary financial characteristic is a notably low municipal assessed value of $14,200, which places it well below the citywide average. This suggests a correspondingly low property tax burden, a significant and ongoing cost savings for an owner.
The appeal here is grounded in affordability and simplicity. It suits a first-time homebuyer seeking an entry point into the market with minimal overhead, or an investor looking for a straightforward rental property with lower-than-average carrying costs. The unit’s recent sale history (2021) indicates it functions in a price-sensitive segment of the market. A less obvious perspective is that its "below average" citywide metrics aren't necessarily drawbacks for the right buyer; they clearly define its niche as a no-frills, cost-effective housing solution rather than a premium asset.
Frequently Asked Questions
1. What are the ongoing property tax costs likely to be?
Given the assessed value is significantly below the Winnipeg average ($14,200 vs. $25,600), the annual property tax bill should be proportionally lower, which is a key ongoing financial advantage of this property.
2. How does the living space compare to nearby units?
At 835 sqft, it is slightly smaller than the average for similar homes on its street (922 sqft) and in the immediate area (937 sqft). It offers compact, efficient living space.
3. Is this a condo or an apartment-style property?
The addressing ("101-201") and the direct comparison to adjacent units (e.g., 311-201, 307-201 Watson) strongly suggest this is a condo or apartment-style property within a larger building or complex, implying shared walls and common elements.
4. Why is the assessed value so much lower than the city average?
The assessed value is based on the property's market value as determined by municipal assessors. Its ranking in the bottom third citywide reflects its more modest characteristics, location, and market segment compared to the broader Winnipeg housing stock.
5. Can I find out the exact historical sale price?
The listed sale price range is based on public data. The listing source offers to provide the exact sale price upon request via email, which they handle manually without using the contact for unsolicited marketing.