1078 Bannerman Avenue

Mynarski, Winnipeg

Property score

56.5

Fair

Overall 56.5 · Smaller than most nearby homes

920 sqft (bottom 13%) · Built in 1957

Located in a high-income area with median household income of ~89k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 5 parks, 1 fuel station, and 1 government office nearby

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 36%Tagalog · 33%

Past 10 years Mynarski sales snapshot (~80% of all data)

Sold Count

107

Median price

334k

$/sqft

$286/sqft

Avg build year

1957

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Property score

56.5 is composed by the two sections below.

Property Score

46.3Low
Living Area920 sqft42Low
Year Built195743Low
Lot Size4,096 sqft53Fair
Neighbourhood Sales Activity90Excellent

Community Score

71.8Good
Household Income80Excellent
Education Level54Fair
Housing Stress74Good
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

Mynarski

How to read: Share of sales in each ~$50k price band for “mynarski” (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: #46110041

Community deep dive

$89K

Median household income

$91K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

18%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)878
Labour force participation rate60%
Median age41.6
Avg household size3.1
Unemployment rate9%
Population density2743 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households18%
Couple families with children37%
Median household income (2020)$89K

Housing

Renter households25%
Condominium dwellings5%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)60%
Visible minority69%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 36%
Mother tongue (2nd)Tagalog · 33%

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

Rankings

Living Area

around average
920 sqft
0255075100
Same streetBottom 30%Same areaBottom 13%CitywideBottom 18%
Same street · Bannerman Avenue
#402 / 577
Bottom 30% · Avg 1,114 sqft
Same area · Mynarski
#283 / 324
Bottom 13% · Avg 1,047 sqft
Citywide · Winnipeg
#158,755 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
292k
0255075100
Same streetTop 26%Same areaBottom 26%CitywideBottom 27%
Same street · Bannerman Avenue
#149 / 577
Top 26% · Avg 243.4k
Same area · Mynarski
#241 / 324
Bottom 26% · Avg 307.8k
Citywide · Winnipeg
#141,820 / 194,458
Bottom 27% · Avg 390.1k

Year Built

above average
1957
0255075100
Same streetTop 9%Same areaTop 36%CitywideBottom 37%

Lot Size

around average
4,096 sqft
0255075100
Same streetBottom 49%Same areaBottom 21%CitywideBottom 27%

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

1078 Bannerman Avenue — 10 amenities found within 500 m, across 4 categories, including 3 dining (nearest 246 m), 5 parks (nearest 285 m).

Search radius
🍽️Dining3
🌳Parks5
Fuel Stations1
🏛️Government1

Crime & Safety

Mynarski · WPS public data · 2026

Annual incidents

11

2026

vs. city avg

-63%

relative to avg

Year-over-year

-91%

vs. prior year

Primary type

Property

64%

Sales History

Sold 4/2021CA$200k–250k
Sold price

Same street

Top 37%

Same area

Bottom 25%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 1078 Bannerman Avenue, Winnipeg

Property Overview: 1078 Bannerman Avenue, Winnipeg

Key Characteristics & Appeal

This 920 sqft bungalow, built in 1957, sits on a standard 4,096 sqft lot in the Mynarski neighbourhood. Its core appeal lies in its relative value and established setting. The home’s assessed value of $292,000 is notably above the average for Bannerman Avenue itself, suggesting it may be a well-maintained or updated property within its immediate context. However, it presents as a more affordable option when compared to broader area and city-wide averages, positioning it as a potential value buy.

The property would suit first-time homebuyers or practical investors looking for an entry point into the Winnipeg market without the premium of a newer home or a larger lot. Its smaller living area and older vintage point toward a home that is manageable and likely has lower property taxes than many city-wide comparables. A thoughtful perspective is that this home represents the character and affordability of an older, central neighbourhood—it’s for a buyer who prioritizes economic efficiency and location over modern square footage or lot size.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home last sold between $200,000-$250,000 in April 2021. Its current assessed value of $292,000 is higher, which can be influenced by market changes, renovations, or municipal assessment methods. Requesting the exact sale history is recommended for precise comparison.

2. Is the living space smaller than average?
Yes. At 920 sqft, it is below the average for both the Mynarski area and Winnipeg overall. This indicates a compact, efficient layout, which can mean lower utility costs but may require creative use of space.

3. What does the "above average" assessed value on its street indicate?
Ranking in the top 26% on Bannerman Avenue for assessed value suggests this property is likely valued higher than most of its direct neighbours. This could be due to factors like condition, additions, or lot advantages, making it a standout on the block.

4. How old is the home, and what might that mean?
Built in 1957, the home is 69 years old. It is newer than many on its street but is a vintage property. Buyers should budget for potential updates to major aging components like plumbing, electrical, or the roof, while also appreciating the charm and construction quality of its era.

5. Can I get verified historical sale data for this property?
The provided sale data is from public sources, not the MLS. For fully verified figures and a complete transaction history, you must request a manual lookup from the site, which they provide via email.

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