Property score
52.2
Fair
Overall 52.2 · Smaller than most nearby homes
748 sqft (bottom 3%) · Built in 1978 (10 yrs older than avg)
Located in a high-income area with median household income of ~89k
Transit 92.0 · 2-min walk to transit with 6 nearby routes · Within 500m: 3 dining spots, 2 shops, 4 parks, and 1 sports facility nearby
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Near average
10 yrs older than neighborhood avg.
Mother tongue
English · 77%Tagalog · 7%
Past 10 years Mission Gardens sales snapshot (~80% of all data)
456
413k
$355/sqft
1988
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52.2 is composed by the two sections below.
Property Score
Community Score
Mission Gardens
How to read: Share of sales in each ~$50k price band for “mission gardens” (Detached houses (non-condo), 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: #46110817
$89K
Median household income
$89K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
19%
Single-person households
27%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
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
114 Balaban Place — 10 amenities found within 500 m, across 4 categories, including 3 dining (nearest 348 m), 2 shopping (nearest 303 m), 4 parks (nearest 147 m).
Mission Gardens · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 8% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1978 bi-level home at 114 Balaban Place in Winnipeg's Mission Gardens neighbourhood presents a specific and practical value proposition. Its primary appeal lies in its very large, 8,061 sqft lot, which places it in the top 10% for lot size within the neighbourhood. The home itself is more modest at 748 sqft of living space and features a renovated basement and a detached garage. Key data points show it is one of the newest homes on its street and sits on a lot that is significantly larger than most in the area.
The property would suit a buyer looking for land potential over immediate square footage, such as someone interested in future expansion, gardening, or outdoor space. It may also appeal to an investor or handy purchaser comfortable with a smaller main-floor footprint, who values the finished basement for additional living space and sees the underlying land value as a key asset. Its assessed value is consistent with the area, but its recent 2020 sale price was notably lower than the neighbourhood average, suggesting it could represent a value opportunity for the right buyer.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 748 sqft, the main living area is compact and is in the bottom 3% for size within the Mission Gardens neighbourhood. This indicates the home's layout is efficient and the value is more heavily weighted toward its substantial lot and renovated basement.
2. What does the sales history tell us?
The home sold in March 2020 for $23,800, which was below the neighbourhood average at that time. This, combined with its current assessed value of $33,200, may indicate past value or condition issues that have since been addressed, or simply a very favourable purchase for the previous buyer.
3. Is the lot size a typical feature for the street?
No, it is not. With a lot size over 8,000 sqft, this property is in the top 20% on Balaban Place. Most neighbouring properties have smaller lots, making this a distinguishing feature for potential expansion or outdoor use.
4. What is the neighbourhood context?
Mission Gardens is an established neighbourhood. This home is older than about half the homes in the area but is actually one of the newest builds on its specific street. The data suggests a mix of older, established properties and newer infill development in the wider area.
5. Who are the likely competing buyers?
Given the configuration, likely interest could come from first-time buyers or downsizers seeking a manageable footprint with a large yard, as well as from investors or builders who see long-term potential in the land itself, possibly for redevelopment or significant renovation.
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