476 Bannatyne Avenue

West Alexander, Winnipeg

Property score

52.5

Fair

Overall 52.5 · Larger but older than most nearby homes

1,816 sqft (top 16%) · Built in 1882 (39 yrs older than avg)

Located in a below-average income area with median household income of ~42k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 11 dining spots, 3 schools, 3 healthcare facilitys, and 7 shops nearby

Living Area

Above average

40% larger than neighborhood avg.

Year Built

Below average

39 yrs older than neighborhood avg.

Mother tongue

English · 37%Tagalog · 24%

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

Sold Count

251

Median price

218.9k

$/sqft

$153/sqft

Avg build year

1921

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Property score

52.5 is composed by the two sections below.

Property Score

64.1Fair
Living Area89
1,816 sqftExcellent
Year Built5
1882Low
Lot Size38
3,044 sqftLow
Neighbourhood Sales Activity80
Good

Community Score

35.1Low
Household Income40
Low
Education Level34
Low
Housing Stress30
Low
Core Housing Need25
Low
Employment Health28
Low

Neighbourhood Sales

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.

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: #46110073

Community deep dive

$42K

Median household income

$61K

Average household income

38%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.9

P90 / P10 ratio

42%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)410
Labour force participation rate56%
Median age43.2
Avg household size2.6
Unemployment rate24%
Population density4555 / km²

Households & income

Low income (LIM-AT, % pop.)38%
Single-person households42%
Couple families with children15%
Median household income (2020)$42K

Housing

Renter households74%
Condominium dwellings0%
Median dwelling value (owners)$160K

Diversity, education & language

Immigrants (share of pop.)67%
Visible minority85%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 36%
Mother tongue (2nd)Tagalog · 24%

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

Rankings

Living Area

above average
1,816 sqft
0255075100
Same streetTop 14%Same areaTop 16%CitywideTop 17%
Same street · Bannatyne Avenue
#46 / 334
Top 14% · Avg 1,150 sqft
Same area · West Alexander
#124 / 772
Top 16% · Avg 1,299 sqft
Citywide · Winnipeg
#32,329 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

around average
189k
0255075100
Same streetBottom 44%Same areaTop 47%CitywideBottom 7%
Same street · Bannatyne Avenue
#186 / 334
Bottom 44% · Avg 210.6k
Same area · West Alexander
#366 / 772
Top 47% · Avg 187.3k
Citywide · Winnipeg
#181,236 / 194,458
Bottom 7% · Avg 390.1k

Year Built

below average
1882
0255075100
Same streetBottom 1%Same areaBottom 2%CitywideBottom 1%

Lot Size

around average
3,044 sqft
0255075100
Same streetBottom 33%Same areaBottom 32%CitywideBottom 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

476 Bannatyne Avenue — 31 amenities found within 500 m, across 7 categories, including 11 dining (nearest 68 m), 3 education (nearest 214 m), 3 healthcare (nearest 161 m).

Search radius
🍽️Dining11
🏫Education3
🏥Healthcare3
🛒Shopping7
🌳Parks3
Worship2
🏛️Government2

Crime & Safety

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%

Sales History

Sold 5/2023CA$250k–300k
Sold price

Same street

Top 30%

Same area

Top 16%

City-wide

Bottom 24%
Sold 8/2019CA$150k–200k
Sold price

Same street

Bottom 25%

Same area

Bottom 35%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 476 Bannatyne Avenue, Winnipeg

Property Summary: 476 Bannatyne Avenue

Section 1: Key Characteristics & Appeal

This is a character home with substantial presence, built in 1882. Its key features include a generous 3,044 sqft lot, a renovated basement, and a detached garage. The 1,816 sqft living area is notably spacious, ranking in the top 15% for size across Winnipeg.

The appeal lies in its blend of historic roots and updated practicality within the West Alexander neighbourhood. It suits buyers looking for a home with more space than average, both indoors and on the lot, who appreciate a central location. The significant jump in assessed value over the past few years suggests the area is in a state of transition, making it a potential fit for those comfortable with urban neighbourhood dynamics. It would particularly suit a buyer who values a home with a story and tangible space over a brand-new build, and who sees potential in a property that has already undergone some key renovations.

Section 2: Frequently Asked Questions

1. What does the "One & 3/4 Storey" building type mean?
This typically describes a home with a full main floor and a second floor where the roofline slopes into the walls, creating some rooms with sloped or reduced ceiling height. It's a classic architectural style for homes of this era, offering character and often unique room layouts.

2. The home sold recently in 2023. What does that indicate?
The quick resale could point to a few scenarios, such as an investor completing the basement renovation and selling, or a change in the previous owner's circumstances. It's a point worth exploring to understand the context of the recent update and turnover.

3. How does the assessed value compare to recent sale prices?
The current assessed value ($18.9k) is significantly lower than the 2023 sale price ($25.5k). This is common, as municipal assessments often lag behind market values, especially in active markets. The sale price is a more current indicator of its market worth.

4. The lot is large, but the year-built ranking is low. What's the trade-off?
You are trading modern building standards and layout for historic charm and a very sizable urban lot. A home from 1882 will likely require a different maintenance mindset and potential updates to mechanical systems, but it offers land size and architectural details rarely found in newer constructions.

5. What is the neighbourhood context like?
West Alexander is a central, established neighbourhood. The provided comparable listings show a mix of similarly historic homes and varied assessed values, indicating a streetscape of character properties at different stages of renovation. It's a neighbourhood where the specific street and immediate surroundings greatly influence the property's feel and value.