131 Balaban Place

Mission Gardens, Winnipeg

Property score

59.0

Fair

Overall 59.0 · Smaller than most nearby homes

960 sqft (bottom 27%) · 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: 8 dining spots, 2 shops, 4 parks, and 1 sports facility nearby

Living Area

Below average

17% 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)

Sold Count

456

Median price

413k

$/sqft

$355/sqft

Avg build year

1988

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Property score

59.0 is composed by the two sections below.

Property Score

53.4Fair
Living Area960 sqft42Low
Year Built197867Good
Lot Size7,183 sqft88Excellent
Neighbourhood Sales Activity32Low

Community Score

67.3Good
Household Income80Excellent
Education Level10Low
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110817

Community deep dive

$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

Population, labour & age

Population (2021)450
Labour force participation rate64%
Median age42.4
Avg household size2.5
Unemployment rate13%
Population density381 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households19%
Couple families with children27%
Median household income (2020)$89K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$314K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority16%
Bachelor's or higher (25–64)8%
Mother tongue (1st)English · 76%
Mother tongue (2nd)Tagalog · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
960 sqft
0255075100
Same streetTop 48%Same areaBottom 27%CitywideBottom 22%
Same street · Balaban Place
#31 / 64
Top 48% · Avg 958 sqft
Same area · Mission Gardens
#1,001 / 1,366
Bottom 27% · Avg 1,162 sqft
Citywide · Winnipeg
#150,758 / 194,458
Bottom 22% · Avg 1,342 sqft

Tax-Assessed Value

around average
346k
0255075100
Same streetTop 41%Same areaBottom 38%CitywideBottom 45%
Same street · Balaban Place
#26 / 64
Top 41% · Avg 338.8k
Same area · Mission Gardens
#853 / 1,366
Bottom 38% · Avg 373.4k
Citywide · Winnipeg
#107,313 / 194,458
Bottom 45% · Avg 390.1k

Year Built

Elite
1978
0255075100
Same streetTop 2%Same areaBottom 44%CitywideTop 35%

Lot Size

above average
7,183 sqft
0255075100
Same streetTop 47%Same areaTop 14%CitywideTop 16%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

131 Balaban Place — 15 amenities found within 500 m, across 4 categories, including 8 dining (nearest 268 m), 2 shopping (nearest 222 m), 4 parks (nearest 72 m).

Search radius
🍽️Dining8
🛒Shopping2
🌳Parks4
💪Sports1

Crime & Safety

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%

Sales History

Sold 7/2019CA$300k–350k
Sold price

Same street

Bottom 48%

Same area

Bottom 36%

City-wide

Bottom 39%
Sold 9/2017CA$250k–300k
Sold price

Same street

Bottom 33%

Same area

Bottom 26%

City-wide

Bottom 33%

Related homes

Highlights & common questions: 131 Balaban Place, Winnipeg

Property Overview: 131 Balaban Place, Mission Gardens, Winnipeg

Key Characteristics & Appeal

This 960 sqft bungalow, built in 1978, presents a compelling opportunity in Winnipeg's Mission Gardens neighbourhood. Its core appeal lies in a balanced profile with one standout feature: an exceptionally large 7,183 sqft lot, placing it in the top 14% of the local area. This generous outdoor space is a significant asset, offering rare potential for gardening, expansion, or simply enjoying ample private grounds.

The home itself is of average size for its immediate street but is notably cozier than both the neighbourhood and city-wide averages. This positions it well for first-time buyers, downsizers, or investors seeking a manageable footprint with low maintenance. A thoughtful perspective is that its 1978 build date makes it the newest home on Balaban Place, potentially meaning newer major components (like roofing or wiring) compared to direct neighbours, which can be a practical advantage.

Financially, it sits in the middle ranges, with an assessed value that is around average for its context. Recent sale history suggests steady market performance. The property suits buyers who prioritize land size over interior square footage, value a established, quiet street, and are looking for a home that offers a blank canvas—whether for living simply with a large yard or for future renovation and value addition.


Frequently Asked Questions

1. How does the home's size compare practically?
At 960 sqft, the living area is very typical for Balaban Place but is notably smaller than the average Mission Gardens home (1,162 sqft). It's a efficient layout best suited for individuals, couples, or small families.

2. What does the "Elite" ranking for Year Built mean?
This indicates 131 Balaban Place (1978) is the newest house on its street. While the age difference from neighbours is minor, it can sometimes correlate with updates in building materials and standards for that specific block.

3. Is the high lot ranking a major advantage?
Yes. The lot is over 1,800 sqft larger than the neighbourhood average. This is a tangible differentiator, offering more privacy, space for outdoor activities, and future potential than most nearby properties.

4. What can past sale prices tell us?
The home sold in 2017 and 2019 within a moderate price range. This consistent sales history shows it's a marketable property without extreme price volatility, but a professional appraisal is needed for current value.

5. Who are the most logical buyers for this property?
It's an ideal match for a first-time buyer or downsizer who wants a large yard in a stable neighbourhood without the upkeep of a larger house. It could also appeal to a value-oriented investor or someone with long-term plans to renovate or expand, leveraging the substantial lot size.

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