Property score
44.8
Below average
Overall 44.8 · Compared with neighbourhood average
1,304 sqft (top 43%) · Built in 1905 (16 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: 10 dining spots, 3 schools, 3 healthcare facilitys, and 6 shops nearby
Living Area
Near average
0% larger than neighborhood avg.
Year Built
Near average
16 yrs older than neighborhood avg.
Mother tongue
English · 37%Tagalog · 24%
Past 10 years West Alexander sales snapshot (~80% of all data)
251
218.9k
$153/sqft
1921
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44.8 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: #46110073
$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
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
477 Bannatyne Avenue — 32 amenities found within 500 m, across 7 categories, including 10 dining (nearest 66 m), 3 education (nearest 211 m), 3 healthcare (nearest 114 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 | Bottom 4% | Bottom 12% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1905-built home with 1,304 square feet of living space on a 2,051-square-foot lot, located in the West Alexander neighbourhood. Its strongest feature is interior space: the living area ranks in the top 30% on its street and above average city-wide, meaning it offers more room than many comparable properties in Winnipeg. The assessed value of $168,000 is notably low relative to the city-wide average of $390,100, placing it in the bottom 5% city-wide and suggesting potential value relative to the broader market.
The trade-off is the land area. At 2,051 square feet, the lot is small—ranking in the bottom 1% on its street and city-wide. The year built (1905) also places it among older homes in the city. Neither of these factors is inherently negative, but they do shape the property’s profile. It’s a house better suited to someone who prioritizes indoor square footage and a lower price point over a large yard or a newer structure. Buyers who appreciate character, are comfortable with an older home’s maintenance realities, and don’t need a big outdoor space would find this property most fitting. It may also appeal to investors or first-time buyers looking for a more affordable entry into a central neighbourhood with above-average living space.
1. Why is the assessed value so much lower than the Winnipeg average?
The assessed value reflects comparable homes in the immediate area, not city-wide trends. On Bannatyne Avenue and within West Alexander, the average assessed values are $210,600 and $187,300 respectively, which are much closer to this home’s $168,000. The large city-wide average is pulled up by more expensive neighbourhoods. So while the home is low-valued compared to all of Winnipeg, it is only modestly below its own street and neighbourhood averages.
2. Is a small lot a disadvantage for resale?
It depends on the buyer market. A smaller lot often means lower maintenance and possibly lower property tax, which appeals to many buyers. However, families looking for a large yard or garden space may pass. The property’s location and interior size may offset the lot size for someone who values proximity to amenities or extra rooms over outdoor space.
3. What should I know about a home built in 1905?
Older homes can have strong bones and character details that newer builds lack, but they also may need updates to electrical, plumbing, insulation, or foundation work. A thorough home inspection is essential. The age itself isn’t a red flag, but it does mean the property’s maintenance history matters more than for a newer home.
4. How does this home compare to others on Bannatyne Avenue specifically?
It ranks in the top 30% for living area, meaning it’s larger than most homes on the street. However, its lot is in the bottom 1% on the street, and its year built is older than average (1941). Its assessed value is in the bottom 69%, which is actually close to average for the street. So it stands out most for having more interior space on a compact lot.
5. Who typically buys properties like this?
First-time buyers looking for more square footage without a high price tag, or buyers who prefer a compact yard and don’t want to spend time on landscaping. It could also suit someone interested in a central neighbourhood with an older home’s character, provided they’re prepared for the upkeep an early-1900s property often requires.
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