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 #253 out of 315 (Bottom 20%). The street average for comparable homes is 176.3k.
Neighborhood Level (Leila-Mcphillips Triangle): Below Average. Ranked #397 out of 459 (Bottom 14%). The neighborhood average for comparable homes is 176.3k.
Citywide Level (Winnipeg): Below Average. Ranked #25,735 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
311-189 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: 311-189 Watson Street, Winnipeg
Key Characteristics & Appeal
This is a compact, 588 sqft property built in 1986, located in Winnipeg's Leila-Mcphillips Triangle neighborhood. Its primary appeal lies in its affordability and efficiency, reflected in a low assessed value of $12.3k. The unit is notably smaller than most comparable homes on its street, in the area, and city-wide, placing it in the more affordable tier of the market.
The property is best suited for first-time buyers, investors, or downsizers seeking a low-cost entry point into homeownership. Its modest footprint translates to lower utility costs and minimal maintenance. A thoughtful perspective for a buyer is to see this not just as a small space, but as a streamlined financial foundation. The very fact that its metrics (size, value) consistently rank "below average" in comparisons is precisely what creates its accessibility. It last sold between 2021 for an estimated $100k-$150k, suggesting a history as a practical, value-oriented holding.
Frequently Asked Questions
1. What does the "below average" ranking for size and value actually mean for a buyer?
It means this unit is more affordable than most. You are purchasing a smaller, more efficient property, which results in a lower price point and ongoing costs compared to the typical home in the comparisons shown.
2. Is the low assessed value a good sign?
It indicates a relatively low municipal tax burden, which is a positive for holding costs. However, it is not a direct market valuation. A buyer should rely on a current market appraisal and recent comparable sales to determine fair purchase price.
3. Who might this property not be suitable for?
It would likely be a poor fit for anyone requiring multiple bedrooms, dedicated workspace, or significant living and storage space. Families or individuals who prioritize room to grow or entertain at home may find it too confined.
4. The data shows nearby properties with the same address (e.g., 311-201 Watson). What does this indicate?
This strongly suggests the property is part of a condominium or apartment-style complex, likely with shared common areas or building infrastructure. Prospective buyers should investigate condo/strata fees, rules, and the financial health of the corporation.
5. How current is the sold price information?
The provided sale range is from 2021. Market conditions have likely changed since then. For the most accurate, current valuation and to request the exact historical sold price, you need to use the email request service as noted in the details.