Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Watson Street): Below Average. Ranked #244 out of 315 (Bottom 23%). The street average for comparable homes is 922 sqft.
Neighborhood Level (Leila-Mcphillips Triangle): Below Average. Ranked #388 out of 459 (Bottom 15%). The neighborhood average for comparable homes is 937 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #25,550 out of 26,841 (Bottom 5%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Watson Street): Below Average. Ranked #289 out of 315 (Bottom 8%). The street average for comparable homes is 176.3k.
Neighborhood Level (Leila-Mcphillips Triangle): Below Average. Ranked #433 out of 459 (Bottom 6%). The neighborhood average for comparable homes is 176.3k.
Citywide Level (Winnipeg): Below Average. Ranked #25,836 out of 26,841 (Bottom 4%). 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
108-189 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
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Is this home right for you?
Property Overview: 108-189 Watson Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, no-frills property in Winnipeg's Leila-Mcphillips Triangle neighborhood. Its primary characteristic is its affordability, underscored by a very low municipal assessed value that places it in the bottom 6% citywide. The living space of 588 square feet is modest, ranking below average for the immediate street and area, indicating a efficient layout suitable for a single occupant or a couple.
The appeal lies squarely in its value proposition. It represents a highly accessible entry point into the Winnipeg housing market, likely with correspondingly low property taxes. Built in 1986, it is of a typical vintage for its area. This property would suit a first-time buyer, an investor seeking a budget-conscious rental unit, or someone looking to minimize housing costs and footprint. A less obvious perspective is its potential as a "starter asset"—a property where the financial barrier is low, allowing the owner to build equity with a manageable monthly outlay, which can be a strategic first step in a longer-term real estate plan.
Section 2: Frequently Asked Questions
1. What does the "below average" ranking for Living Area actually mean?
It means that compared to similar properties on Watson Street, in the Leila-Mcphillips Triangle, and across Winnipeg, this unit's square footage is smaller than most. Specifically, it's in the top 77% on its street, which indicates that 77% of comparable units there are larger.
2. Why is the Assessed Value so much lower than the citywide average?
The assessed value of $11,800 is significantly below the Winnipeg average of approximately $25,600 for comparable properties. This reflects the property's smaller size, its specific location, and potentially its market position. A low assessment often translates to lower property taxes.
3. What was the last known sale price?
Based on available public data, this property sold between 2020 and 2025 for an estimated price range of CA$100,000 to CA$150,000. The exact sale price is not publicly disclosed in the records provided but can be requested directly from the listing source.
4. Who might this property not be suitable for?
It may not suit buyers who need space for a growing family, desire ample room for a home office or hobbies, or prioritize modern, open-concept layouts. The compact size requires efficient use of space.
5. How does the Year Built (1986) compare to nearby homes?
At 40 years old, the building's age is around the average for its immediate street and citywide. It is neither a new build nor a notably older character property, placing it in a common cohort for maintenance and update considerations.