Property score
55.8
Fair
Overall 55.8 · Smaller than most nearby homes
828 sqft (bottom 8%) · Built in 1978 (10 yrs older than avg)
Located in a high-income area with median household income of ~89k
Transit 92.0 · 3-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
29% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
55.8 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
118 Balaban Place — 10 amenities found within 500 m, across 4 categories, including 3 dining (nearest 341 m), 2 shopping (nearest 295 m), 4 parks (nearest 142 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 38% | Bottom 41% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 118 Balaban Place, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct value proposition centered on its generous lot. Built in 1978, the 828 sqft living space is modest and below average for the area, but it sits on an 8,294 sqft property—a lot size that ranks in the top 10% locally. This creates a clear opportunity: the value here is in the land and the potential it holds, rather than in a large existing footprint.
Its appeal lies in this balance of a lower assessed value with a premium-sized lot. It suits a specific buyer: someone looking for a solid entry point into the Mission Gardens neighbourhood who values outdoor space and sees potential in renovation, expansion, or simply having a large private yard. It’s a practical choice for a handy buyer, an investor considering future development (subject to zoning), or a purchaser willing to trade immediate square footage for long-term lot value and privacy. The data suggests that for the street itself, this is one of the newest homes, which may imply fewer immediate major age-related issues compared to neighbours.
Section 2: Frequently Asked Questions
1. Is the home in need of major updates?
Given its 1978 construction, buyers should budget for updates consistent with its age. The systems, roof, and interior likely require modernization or will in the near future, which is reflected in the accessible price point.
2. How does the assessed value relate to the likely selling price?
The assessed value for taxation ($35,100) is a baseline. The last known sale was between $300k-$350k in 2022. The selling price will be driven by market demand for homes with large lots, not the municipal assessment.
3. What can I do with such a large lot?
The lot size is the standout feature. Uses could include creating extensive gardens, adding a substantial deck or patio, building a large garage or workshop, or potentially an addition (always verify with the City of Winnipeg’s zoning and permitting department first).
4. How does the living space compare to nearby homes?
At 828 sqft, the living area is notably smaller than the Mission Gardens average (~1,162 sqft). This confirms the property as a compact, efficient home on a spacious plot, ideal for smaller households or those who spend less time indoors.
5. Why is the lot size considered "above average" in every comparison?
The data shows the lot ranks in the top 13% on its street, top 8% in Mission Gardens, and top 10% city-wide. This means that even compared to much larger and newer homes, this property’s land area is a significant and uncommon asset in the Winnipeg market.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
