46 Balaban Place

Mission Gardens, Winnipeg

Property score

69.4

Good

Overall 69.4 · Larger than most nearby homes

1,335 sqft (top 24%) · Built in 1976 (12 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 5 nearby routes · Within 500m: 1 dining spot, 1 school, 1 shop, and 5 parks nearby

Living Area

Above average

15% larger than neighborhood avg.

Year Built

Below average

12 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

69.4 is composed by the two sections below.

Property Score

70.8Good
Living Area1,335 sqft71Good
Year Built197667Good
Lot Size7,498 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

Elite
1,335 sqft
0255075100
Same streetTop 2%Same areaTop 24%CitywideTop 39%
Same street · Balaban Place
#1 / 64
Top 2% · Avg 958 sqft
Same area · Mission Gardens
#330 / 1,366
Top 24% · Avg 1,162 sqft
Citywide · Winnipeg
#76,593 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
356k
0255075100
Same streetTop 23%Same areaBottom 47%CitywideBottom 48%
Same street · Balaban Place
#15 / 64
Top 23% · Avg 338.8k
Same area · Mission Gardens
#730 / 1,366
Bottom 47% · Avg 373.4k
Citywide · Winnipeg
#100,496 / 194,458
Bottom 48% · Avg 390.1k

Year Built

around average
1976
0255075100
Same streetBottom 19%Same areaBottom 32%CitywideTop 39%

Lot Size

above average
7,498 sqft
0255075100
Same streetTop 27%Same areaTop 12%CitywideTop 13%

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

46 Balaban Place — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 444 m), 1 education (nearest 499 m), 1 shopping (nearest 495 m).

Search radius
🍽️Dining1
🏫Education1
🛒Shopping1
🌳Parks5

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 1/2025CA$400k–450k
Sold price

Same street

Top 5%

Same area

Top 18%

City-wide

Top 29%

Related homes

Highlights & common questions: 46 Balaban Place, Winnipeg

Property Overview

46 Balaban Place in Winnipeg's Mission Gardens neighbourhood presents a compelling mix of space and value. Built in 1976, its key appeal lies not in being new, but in offering above-average room to grow on a generous lot.

Key Characteristics & Appeal

The home’s most standout feature is its living space. At 1,335 square feet, it is notably larger than most homes on its street and in the immediate area, ranking in the top 2% locally. This is paired with a substantial, flat land area of 7,498 sqft, which places it well above average for the neighbourhood and city. This combination is rare, offering more interior room and far more outdoor space than typical comparables.

Its appeal is grounded in practicality and potential. The assessed value is consistent with area averages, suggesting the current price reflects a standard valuation, not a premium for the extra space and land. This positions it as a sensible opportunity for buyers who prioritize lot size and living area over a newer build. The property would suit a buyer looking for a long-term family home with room for additions, gardens, or recreation, or an investor who recognizes the inherent value in a larger, serviced lot in a mature neighbourhood. It’s a property for those who see the foundation rather than just the finish.


Frequently Asked Questions

1. How does the home’s age affect its value and condition?
Built in 1976, the home is older than most on its street. While this implies potential for older systems needing updates, it also means the property is situated in a well-established area with mature landscaping. The value appears to be driven more by its lot and living area size than by the building’s age.

2. Why is the assessed value significantly different from the recent sold price range?
The assessed value (approximately $35,600) is for municipal tax purposes and is not a market valuation. The recent sold price range ($400k-$450k) reflects the actual market value based on what buyers are currently willing to pay for the property’s location, size, and condition.

3. What does the large land area practically offer?
The 7,498 sqft lot is a major asset, providing ample space for privacy, gardening, children’s play, or future expansions like a deck, shed, or even an addition. It offers a sense of space uncommon in many city lots.

4. How does this property compare to others in the wider city?
City-wide, its living area is about average, but its land area remains in the top 13%. This highlights that while the house itself is a standard size for Winnipeg, the lot it sits on is a standout feature even when compared to the entire market.

5. How can I find out the exact historical sold prices?
Exact sold prices are not published publicly. The listing service offers to provide this detailed history manually via email upon request, at no cost and without marketing spam.

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