Property score
56.4
Fair
Overall 56.4 · Larger but older than most nearby homes
2,267 sqft (top 3%) · Built in 1899 (22 yrs older than avg)
Located in a below-average income area with median household income of ~44k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 11 dining spots, 3 schools, 6 healthcare facilitys, and 7 shops nearby
Living Area
Above average
74% larger than neighborhood avg.
Year Built
Below average
22 yrs older than neighborhood avg.
Mother tongue
English · 44%Tagalog · 17%
Past 10 years West Alexander sales snapshot (~80% of all data)
251
218.9k
$153/sqft
1921
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56.4 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: #46110075
$44K
Median household income
$67K
Average household income
43%
Low income (LIM-AT)
0.3
Income inequality (Gini)
5.0
P90 / P10 ratio
31%
Single-person households
21%
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
526 Bannatyne Avenue — 37 amenities found within 500 m, across 8 categories, including 11 dining (nearest 116 m), 3 education (nearest 192 m), 6 healthcare (nearest 187 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 29% | Bottom 39% | Bottom 6% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 22% | Bottom 32% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 2,267-square-foot home built in 1899, sitting on a 3,294-square-foot lot in Winnipeg’s West Alexander neighbourhood. The standout feature is its living space. It ranks in the top 3% on its street, top 3% in the neighbourhood, and top 5% citywide for square footage—nearly double the average for comparable homes in the area. That alone defines its appeal: rare interior volume for a century-old property.
The assessed value ($155,000) tells a different story. It’s well below the street average ($210,600) and far below the citywide average ($390,100). The land area is also modest relative to the house, ranking near the middle of the street and neighbourhood but dropping to the bottom 16% citywide. Age is another factor—built in 1899, it’s among the oldest on the street and in the city.
The less obvious takeaway: this property offers a lot of house for very little assessed value, which likely means low property taxes. But the land is small, and the structure is old. Renovation costs or maintenance needs could be significant. It’s not a turnkey modern home, and it won’t appeal to someone looking for a large yard or a recent build.
Who it suits: Buyers who prioritize interior space and character over land size and modern finishes. Someone comfortable with an older home, possibly looking to update gradually. Investors or owner-occupiers who value low-assessed-value properties for tax efficiency. Not ideal for families wanting a big backyard or buyers seeking a move-in-ready recent build.
1. Why is the assessed value so low compared to the living area?
The assessed value reflects market conditions, land value, and property condition. A home built in 1899 may have outdated systems, finishes, or layout inefficiencies that reduce its market value relative to its square footage. The small lot also limits upside. In short, you’re getting space, but not necessarily modern value.
2. Is the small lot a problem for this size of house?
It depends on your needs. A 3,294 sqft lot with a 2,267 sqft house leaves limited outdoor space. Parking, gardening, or expansion may be tight. But for someone who wants a large interior and minimal yard maintenance, it could be a perk rather than a drawback.
3. How old is this home, and what should I expect maintenance-wise?
Built in 1899, this house is over 120 years old. Expect older plumbing, electrical, insulation, and possibly foundation or roof issues. It ranks in the bottom 7% on its street and bottom 14% citywide for age. A thorough inspection is essential before purchase.
4. How does the property compare to others on Bannatyne Avenue?
It has the largest living area on the street (top 3%) but the lowest assessed value (bottom 22%). The lot size is around average for the street (top 36%). In short, it’s a space leader but a value laggard—unusual for the same block.
5. Is this a good investment for rental or resale?
The low assessed value and large interior could make it appealing as a rental, especially if renovations increase its market value over time. But the small lot and old age may limit appreciation compared to newer or larger-lot properties. Resale will depend heavily on the condition of updates and the buyer pool’s tolerance for an older home.
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