Property score
56.1
Fair
Overall 56.1 · Newer than most nearby homes
1,173 sqft (bottom 46%) · Built in 1946 (25 yrs newer 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
Near average
10% smaller than neighborhood avg.
Year Built
Above average
25 yrs newer than neighborhood avg.
Mother tongue
English · 48%Tagalog · 16%
Past 10 years West Alexander sales snapshot (~80% of all data)
251
218.9k
$153/sqft
1921
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56.1 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: #46110136
$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
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
861 Bannatyne Avenue — 23 amenities found within 500 m, across 6 categories, including 8 dining (nearest 145 m), 3 education (nearest 306 m), 2 healthcare (nearest 307 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 38% | Top 23% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1946-built home with 1,173 square feet of living space on a 4,671-square-foot lot. Its standout feature is the land: the lot is well above average for both the street and the West Alexander neighbourhood, ranking in the top 18% locally and top 28% on Bannatyne Avenue itself. The assessed value of $251,000 also sits above the neighbourhood average of $187,300, reflecting that the land and location carry weight relative to the structure. The living area is essentially average for the area—nothing remarkable, but not a drawback either. The year built puts it in line with the street (post-war infill) but older than much of the wider city.
The appeal here is less about a move-in-ready showpiece and more about solid fundamentals in an established neighbourhood. Buyers drawn to this property are likely those who prioritize lot size and location over a newer build. It would suit someone planning a renovation or addition, given the generous land and older structure, or a buyer who values being in West Alexander—a centrally located area with older character homes—without paying a premium for a fully updated interior. First-time buyers with some renovation appetite, or investors looking for a hold-and-improve play, would fit well.
1. How does this home compare to others on the street?
It sits above average in both lot size and assessed value, and average for living area and age. On a street of mostly similar post-war homes, this one offers more land than most.
2. Is the assessed value out of line with the area?
Not really. The assessed value is higher than the street and neighbourhood averages, but that likely reflects the larger lot rather than the house itself. Citywide it looks low, but that’s because Winnipeg’s averages include pricier suburban and newer homes.
3. What should a buyer look out for with a 1946 build?
Standard older-home considerations: electrical, plumbing, insulation, and foundation condition. The advantage is that the lot size gives room for additions or a detached garage—something many comparable properties lack.
4. Could this be a good rental property?
Possibly. West Alexander has a mix of older rentals and owner-occupied homes. The land and central location are strong draws, but the rental return would depend on the interior condition and whether upgrades are needed. The valuation suggests the property’s worth is more in the land than the building.
5. What’s the neighbourhood like in terms of resale potential?
West Alexander is a stable, older inner-city area with decent demand from buyers who want proximity to downtown and the Exchange District without the price tag of the most fashionable enclaves. Larger lots here tend to hold value better than smaller ones, so the land is a long-term asset.
