857 Bannatyne Avenue

West Alexander, Winnipeg

Property score

67.3

Good

Overall 67.3 · Larger than most nearby homes

2,184 sqft (top 4%) · Built in 1911 (10 yrs older than avg)

Located in a average-income area with median household income of ~60.4k

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 8 dining spots, 3 schools, 2 healthcare facilitys, and 1 shop nearby

Living Area

Above average

68% larger than neighborhood avg.

Year Built

Near average

10 yrs older than neighborhood avg.

Mother tongue

English · 48%Tagalog · 16%

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

67.3 is composed by the two sections below.

Property Score

73.6Good
Living Area2,184 sqft94Excellent
Year Built191116Low
Lot Size5,138 sqft67Good
Neighbourhood Sales Activity80Good

Community Score

57.8Fair
Household Income64Fair
Education Level63Fair
Housing Stress42Low
Core Housing Need38Low
Employment Health52Fair

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: #46110136

Community deep dive

$60K

Median household income

$62K

Average household income

23%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

31%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)589
Labour force participation rate52%
Median age37.6
Avg household size2.5
Unemployment rate5%
Population density1682 / km²

Households & income

Low income (LIM-AT, % pop.)23%
Single-person households31%
Couple families with children15%
Median household income (2020)$60K

Housing

Renter households51%
Condominium dwellings5%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)40%
Visible minority50%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 47%
Mother tongue (2nd)Tagalog · 15%

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

Rankings

Living Area

Elite
2,184 sqft
0255075100
Same streetTop 4%Same areaTop 4%CitywideTop 7%
Same street · Bannatyne Avenue
#15 / 334
Top 4% · Avg 1,150 sqft
Same area · West Alexander
#33 / 772
Top 4% · Avg 1,299 sqft
Citywide · Winnipeg
#13,383 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

around average
186k
0255075100
Same streetBottom 42%Same areaTop 48%CitywideBottom 6%
Same street · Bannatyne Avenue
#195 / 334
Bottom 42% · Avg 210.6k
Same area · West Alexander
#373 / 772
Top 48% · Avg 187.3k
Citywide · Winnipeg
#181,891 / 194,458
Bottom 6% · Avg 390.1k

Year Built

around average
1911
0255075100
Same streetBottom 21%Same areaTop 37%CitywideBottom 7%

Lot Size

above average
5,138 sqft
0255075100
Same streetTop 17%Same areaTop 11%CitywideBottom 49%

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

857 Bannatyne Avenue — 23 amenities found within 500 m, across 6 categories, including 8 dining (nearest 159 m), 3 education (nearest 286 m), 2 healthcare (nearest 287 m).

Search radius
🍽️Dining8
🏫Education3
🏥Healthcare2
🛒Shopping1
🌳Parks4
Worship5

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 2/2017CA$150k–200k
Sold price

Same street

Bottom 42%

Same area

Top 48%

City-wide

Bottom 10%

Related homes

Highlights & common questions: 857 Bannatyne Avenue, Winnipeg

857 Bannatyne Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1911-built home with 2,184 square feet of living space on a 5,138-square-foot lot in Winnipeg’s West Alexander neighbourhood. The property stands out most clearly for its size: living area ranks in the top 4% on its street and in the neighbourhood, and the lot is similarly generous—top 17% on the street, top 11% in the area. That extra square footage is genuine, not just numbers on paper, and it’s paired with an assessed value that lags well behind the citywide average ($186K vs. $390K). The year built (1911) is older than most comparables, so buyers should expect character details, possibly original materials, and the maintenance that comes with age.

The appeal is in the value proposition: you’re getting a significantly larger home and yard than typical for the area, at a price point that hasn’t kept pace with newer builds. The land itself holds potential—whether for expansion, gardens, or simply space that’s rare in central Winnipeg. This property suits buyers who prioritize interior and exterior space over a turnkey finish, who are comfortable with the realities of an older home (upgrades, insulation, systems), and who see long-term land value in an established neighbourhood. It’s less suited for someone seeking a move-in-ready modern house or a low-maintenance property.


Frequently Asked Questions

1. Is the assessed value of $186K unusually low for this size of home?
Yes, relative to the citywide average for comparable homes ($390K). The assessed value is around average for the street and neighbourhood, but much lower than what you’d find for a similar-sized home in most newer subdivisions. That gap can mean lower property taxes, but it may also reflect the home’s age and condition—so factor that into renovation planning.

2. The house was built in 1911—what should I look for in a pre-war home?
Common areas to inspect include the foundation, electrical system (original knob-and-tube wiring is possible), plumbing, and insulation. Older homes in West Alexander often have good bones but may lack modern vapour barriers or updated mechanicals. A thorough inspection by someone familiar with century homes is strongly recommended.

3. How does the lot size compare to typical Winnipeg lots?
At 5,138 square feet, it’s above average for the street (3,898 sqft) and neighbourhood (3,591 sqft), but slightly smaller than the citywide average of 6,570 sqft. In this part of the city, that’s a notably large lot—useful for parking, a workshop, or yard space that’s uncommon in central areas.

4. What’s the neighbourhood like in terms of resale or future development?
West Alexander is an established area with a mix of older homes and some infill. Proximity to downtown, the Exchange District, and major routes keeps demand steady. Large lots on quiet streets like Bannatyne can attract buyers looking for redevelopment potential, but changes in zoning or land use would need to be verified with the city.

5. Why is the living area ranking much higher than the assessed value ranking?
Square footage and assessed value don’t always move together, especially in older homes. Age, condition, outdated finishes, or less desirable floor plans can keep the assessed value lower than what the size alone might suggest. This property is a strong example of that disconnect—which can be an opportunity if you’re willing to invest in updates.

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