Property score
66.0
Good
Overall 66.0 · Larger than most nearby homes
2,486 sqft (top 1%) · Built in 1905 (16 yrs older than avg)
Located in a average-income area with median household income of ~56k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 19 dining spots, 3 schools, 3 healthcare facilitys, and 7 shops nearby
Living Area
Above average
91% larger than neighborhood avg.
Year Built
Near average
16 yrs older than neighborhood avg.
Mother tongue
English · 52%French · 2%
Past 10 years West Alexander sales snapshot (~80% of all data)
251
218.9k
$153/sqft
1921
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66.0 is composed by the two sections below.
Property Score
Community Score
West Alexander
How to read: Share of sales in each ~$50k price band for “west alexander” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110667
$56K
Median household income
$72K
Average household income
38%
Low income (LIM-AT)
0.4
Income inequality (Gini)
6.5
P90 / P10 ratio
53%
Single-person households
13%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
422 Bannatyne Avenue — 43 amenities found within 500 m, across 8 categories, including 19 dining (nearest 221 m), 3 education (nearest 74 m), 3 healthcare (nearest 263 m).
West Alexander · WPS public data · 2026
Annual incidents
132
2026
vs. city avg
+347%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
64%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 18% | Top 8% | Bottom 32% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 20% | Top 9% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 2,486-square-foot home on a 2,986-square-foot lot, built in 1905 and located in Winnipeg’s West Alexander neighbourhood. Its standout feature is interior space: the living area ranks in the top 1% on the street and in the neighbourhood, and top 3% citywide. That’s more than double the average square footage of nearby homes. The assessed value is $293,000—above average for the street and neighbourhood, but well below the citywide median of $390,100. The land area is slightly smaller than average for both the area and the city.
The appeal here is straightforward: you get a lot of house for the money, especially relative to newer construction or tighter urban lots. The low citywide value ranking (bottom 73%) suggests the price reflects the home’s age and lot size rather than its interior footprint. That could mean room for value-add potential, though it also signals that the market doesn’t currently treat it as a premium asset. The year built (1905) places it among older homes on the street and citywide, so buyers should expect maintenance typical of a century-old structure—outdated systems, possible insulation issues, and character details that may need updating or preservation.
This property suits buyers who prioritize interior square footage above all else, and who are comfortable with an older home and a smaller lot. It may appeal to investors looking for a renovation project in an above-average-value area, or to families who need space but are priced out of newer, larger-lot homes elsewhere. It’s less suited to someone seeking a turnkey property, a large yard, or a location with high resale value relative to the city.
1. Why is the assessed value so much lower than the city average, given the large living area?
Assessed value weighs multiple factors—including land size, age, condition, and location—not just square footage. This home’s older construction, smaller lot (2,986 sqft vs. city average of 6,570 sqft), and below-average year built (1905 vs. city median of 1966) all pull the value down. The large interior space offsets this partially, but not enough to bring it to the city median.
2. Is the year built (1905) a dealbreaker?
Not necessarily, but it’s a factor to budget for. Many homes from this era have solid construction, but wiring, plumbing, insulation, and the roof are likely original or outdated. A thorough inspection is essential. The ranking shows it’s older than 85% of homes on the street and 98% citywide, so future repair costs could be higher than for a newer home.
3. How does the lot size affect usability?
At 2,986 sqft, the lot is about 25% smaller than the average on the street and 55% smaller than the city average. That means less yard space, potentially limited parking or expansion options, and less privacy from neighbours. It’s typical for an older urban infill lot, not a suburban property.
4. How does the property compare to others nearby in terms of bang for the buck?
It offers significantly more interior space than most homes on the street (2,486 sqft vs. street average of 1,150 sqft) for a value that’s 39% above the street average ($293K vs. $210.6K). That gives you roughly double the square footage per dollar on a street-level basis. But citywide, the value per square foot is lower than average due to the lot and age.
5. Who typically buys a home like this?
Typical buyers include renovators or investors who see upside in updating an older, spacious house in a neighbourhood where values are above the local average. Also families or individuals who want a large floor plan without paying for a large lot. It’s less common for first-time buyers unless they have renovation experience or a budget for repairs.
