540 Banning Street

St. Matthews, Winnipeg

Property score

63.9

Fair

Overall 63.9 · Larger and newer than most nearby homes

1,643 sqft (top 10%) · Built in 1913 (4 yrs older than avg)

Located in a above-average income area with median household income of ~80k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 2 schools, 2 healthcare facilitys, and 1 shop nearby

Living Area

Above average

37% larger than neighborhood avg.

Year Built

Above average

4 yrs older than neighborhood avg.

Mother tongue

English · 62%Tagalog · 11%

Past 10 years St. Matthews sales snapshot (~80% of all data)

Sold Count

552

Median price

219k

$/sqft

$261/sqft

Avg build year

1917

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Property score

63.9 is composed by the two sections below.

Property Score

60.3Fair
Living Area1,643 sqft83Excellent
Year Built191316Low
Lot Size2,578 sqft28Low
Neighbourhood Sales Activity61Fair

Community Score

69.2Good
Household Income77Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

St. Matthews

How to read: Share of sales in each ~$50k price band for “st. matthews” (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: #46110093

Community deep dive

$80K

Median household income

$79K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

23%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)404
Labour force participation rate59%
Median age37.6
Avg household size2.7
Unemployment rate7%
Population density6733 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households23%
Couple families with children26%
Median household income (2020)$80K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$230K

Diversity, education & language

Immigrants (share of pop.)35%
Visible minority39%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 61%
Mother tongue (2nd)Tagalog · 11%

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

Rankings

Living Area

above average
1,643 sqft
0255075100
Same streetTop 11%Same areaTop 10%CitywideTop 23%
Same street · Banning Street
#39 / 369
Top 11% · Avg 1,228 sqft
Same area · St. Matthews
#147 / 1,455
Top 10% · Avg 1,195 sqft
Citywide · Winnipeg
#45,288 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
283k
0255075100
Same streetTop 7%Same areaTop 6%CitywideBottom 25%
Same street · Banning Street
#26 / 369
Top 7% · Avg 225.2k
Same area · St. Matthews
#81 / 1,455
Top 6% · Avg 205k
Citywide · Winnipeg
#146,195 / 194,458
Bottom 25% · Avg 390.1k

Year Built

above average
1913
0255075100
Same streetTop 37%Same areaTop 27%CitywideBottom 10%

Lot Size

around average
2,578 sqft
0255075100
Same streetBottom 40%Same areaTop 42%CitywideBottom 6%

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

540 Banning Street — 17 amenities found within 500 m, across 7 categories, including 5 dining (nearest 258 m), 2 education (nearest 196 m), 2 healthcare (nearest 287 m).

Search radius
🍽️Dining5
🏫Education2
🏥Healthcare2
🛒Shopping1
🌳Parks1
💪Sports1
Worship5

Crime & Safety

St. Matthews · WPS public data · 2026

Annual incidents

62

2026

vs. city avg

+110%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Violent

42%

Sales History

Sold 6/2021CA$250k–300k
Sold price

Same street

Top 16%

Same area

Top 8%

City-wide

Bottom 29%

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