581 Banning Street

St. Matthews, Winnipeg

57.4

Fair

Overall 57.4

Larger and newer than most nearby homes

1,412 sqft (top 21%)

Built in 1912 (5 yrs older than avg)

Located in a average-income area

with median household income of ~59.2k

Transit 82.0

1-min walk to transit with 2 nearby routes

Within 500m: 8 dining spots, 2 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Above average

18% larger than neighborhood avg.

Year Built

Above average

5 yrs older than neighborhood avg.

Mother tongue

English · 44%Tagalog · 29%

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

57.4 is composed by the two sections below.

Property Score

54.0Fair
Living Area1,412 sqft75Good
Year Built191216Low
Lot Size2,479 sqft18Low
Neighbourhood Sales Activity61Fair

Community Score

62.5Fair
Household Income62Fair
Education Level63Fair
Housing Stress63Fair
Core Housing Need50Fair
Employment Health76Good

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: #46110094

Community deep dive

$59K

Median household income

$74K

Average household income

19%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

33%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)678
Labour force participation rate76%
Median age34.8
Avg household size2.4
Unemployment rate13%
Population density8475 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households33%
Couple families with children25%
Median household income (2020)$59K

Housing

Renter households67%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)50%
Visible minority62%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 43%
Mother tongue (2nd)Tagalog · 28%

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

Rankings

Living Area

above average
1,412 sqft
0255075100
Same streetTop 23%Same areaTop 21%CitywideTop 35%
Same street · Banning Street
#85 / 369
Top 23% · Avg 1,228 sqft
Same area · St. Matthews
#312 / 1,455
Top 21% · Avg 1,195 sqft
Citywide · Winnipeg
#67,939 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
231k
0255075100
Same streetTop 37%Same areaTop 26%CitywideBottom 13%
Same street · Banning Street
#138 / 369
Top 37% · Avg 225.2k
Same area · St. Matthews
#385 / 1,455
Top 26% · Avg 205k
Citywide · Winnipeg
#168,671 / 194,458
Bottom 13% · Avg 390.1k

Year Built

above average
1912
0255075100
Same streetBottom 49%Same areaTop 29%CitywideBottom 8%

Lot Size

around average
2,479 sqft
0255075100
Same streetBottom 17%Same areaBottom 30%CitywideBottom 4%

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

581 Banning Street — 21 amenities found within 500 m, across 6 categories, including 8 dining (nearest 95 m), 2 education (nearest 176 m), 2 healthcare (nearest 122 m).

Search radius
🍽️Dining8
🏫Education2
🏥Healthcare2
🛒Shopping2
🌳Parks1
Worship6

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 10/2016CA$200k–250k
Sold price

Same street

Bottom 40%

Same area

Top 43%

City-wide

Bottom 13%

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