Property score
65.7
Good
Overall 65.7 · Larger than most nearby homes
1,232 sqft (top 30%) · Built in 1978 (10 yrs older than avg)
Located in a high-income area with median household income of ~89k
Transit 100.0 · 2-min walk to transit with 6 nearby routes · Within 500m: 5 dining spots, 2 shops, 5 parks, and 1 sports facility nearby
Living Area
Above average
6% larger 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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65.7 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
115 Balaban Place — 13 amenities found within 500 m, across 4 categories, including 5 dining (nearest 301 m), 2 shopping (nearest 257 m), 5 parks (nearest 96 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 | Top 29% | Bottom 44% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 115 Balaban Place, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home at 115 Balaban Place presents a compelling value proposition within its established Mission Gardens neighbourhood. Built in 1978, the property stands out on its street for its above-average living space of 1,232 sq ft, placing it in the top 5% of homes on Balaban Place for size. The assessed value of $38,800 is notably the highest on the street, suggesting a premium valuation relative to immediate neighbours. The lot size of 5,191 sq ft is consistent with area norms.
The primary appeal lies in its strong positional value. It offers more interior space than most comparable homes on the street and in the wider Mission Gardens area, providing a practical advantage for buyers seeking room without moving to a newer, potentially more distant suburb. It suits buyers who appreciate an established, stable neighbourhood and are looking for a home that is a leader on its block in terms of size and official valuation. It may also attract value-conscious buyers noting the significant difference between its assessed value and the much higher city-wide average for homes, which can indicate different market dynamics or a potential long-term value opportunity in the area.
Frequently Asked Questions
1. Why is there such a large gap between this home's assessed value and the city-wide average?
Property assessments are based on a mass appraisal system and reflect a home's value relative to similar properties in its market area. A lower assessment compared to the city average is typical for many mature neighbourhoods and reflects local market conditions, not necessarily the condition or desirability of this specific home.
2. How does the sold price history from 2016 relate to today's value?
The prior sale price (CA$300k–350k in 2016) is a historical data point. Market conditions, property improvements, and area trends have evolved since then, so it should not be used as a direct indicator of current value but as part of the property's story.
3. The home is described as "Elite" for some metrics on its street. What does that mean?
This indicates that for specific features—like living area, assessed value, and year built—this property ranks in the top 5% or better compared to the 64 homes on Balaban Place. It signifies a strong standing within its most immediate comparison group.
4. What might the "around average" lot size mean for a buyer?
With a 5,191 sq ft lot that is typical for Mission Gardens, buyers can expect a standard suburban yard for the area. It likely offers adequate outdoor space without the maintenance demands of a significantly larger lot, striking a practical balance.
5. Who would benefit most from requesting the exact sold price history?
Serious buyers or their agents conducting in-depth comparative market analysis would find the exact figure most useful. It provides a precise anchor for understanding how this property was previously valued in a specific market moment, aiding in formulating a current offer.
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