Property score
63.9
Fair
Overall 63.9 · Compared with neighbourhood average
991 sqft (top 48%) · Built in 1984 (27 yrs newer than avg)
Located in a above-average income area with median household income of ~82k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 38 dining spots, 1 school, 2 healthcare facilitys, and 3 shops nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Near average
27 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 4%
Past 10 years Mcmillan sales snapshot (~80% of all data)
348
285k
$246/sqft
1957
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63.9 is composed by the two sections below.
Property Score
Community Score
Mcmillan
How to read: Share of sales in each ~$50k price band for “mcmillan” (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: #46110398
$82K
Median household income
$104K
Average household income
11%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.2
P90 / P10 ratio
45%
Single-person households
5%
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
131 Nassau Street N — 62 amenities found within 500 m, across 9 categories, including 38 dining (nearest 238 m), 1 education (nearest 278 m), 2 healthcare (nearest 357 m).
Mcmillan · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
65%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 3% | Top 29% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 131 Nassau Street N, Winnipeg
Key Characteristics & Appeal
This 991 sqft home in the McMillan neighbourhood presents a compelling blend of modern convenience and solid value. Built in 1984, it is notably newer than most homes on its street and in the wider area, suggesting potentially lower maintenance needs and more contemporary systems. Its standout feature is its assessed value of $31.1k, which ranks in the top 3% on Nassau Street N and well above average for both the neighbourhood and city. This indicates a strong municipal valuation relative to its peers, often a positive factor for equity and resale.
The home’s appeal lies in its efficient size and its position as a well-valued, relatively modern property in an established area. It would suit practical, value-conscious buyers such as first-time homeowners, downsizers, or investors seeking a property with a strong assessment foundation and newer construction than its surroundings. The data suggests it’s not the largest home, but it offers a balanced proposition where you may be paying for quality and condition over sheer square footage.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It means the municipal property assessment for this home is significantly higher than that of most comparable homes nearby. This can reflect desirable attributes like its newer build year, condition, or improvements, and often correlates with strong market value.
2. The home sold between $250k-$300k in 2021. What might explain the gap between that price and the much lower assessed value?
Assessed value for tax purposes is not the same as market value. The 2021 sale price reflects the actual market at that time, while the assessment is an administrative valuation based on a specific methodology. The high ranking shows its assessment is robust compared to neighbours, which is the more relevant point for comparison.
3. Is a 1984 build year considered "new" for Winnipeg?
In context, yes. With many Winnipeg homes dating from the early to mid-1900s, a 1984 build is relatively modern. Being the newest on its street (top 1%) suggests it likely avoids some of the aging infrastructure concerns of much older homes.
4. Who might this home not be ideal for?
Buyers seeking a large, character-filled heritage home or extensive square footage may find it limited. Its efficiency and modern practicality are strengths, but it may not suit those prioritizing ornate historical details or space for a large family.
5. The living area is noted as "around average." Is that a disadvantage?
Not necessarily. At 991 sqft, it provides functional space while the property’s value appears to be driven more by its condition, newer build, and lot/ location rather than sheer size. It represents a balanced, manageable footprint.
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