863 Bannatyne Avenue

West Alexander, Winnipeg

Property score

64.8

Fair

Overall 64.8 · Larger than most nearby homes

1,824 sqft (top 16%) · Built in 1907 (14 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

40% larger than neighborhood avg.

Year Built

Near average

14 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

64.8 is composed by the two sections below.

Property Score

69.4Good
Living Area89
1,824 sqftExcellent
Year Built10
1907Low
Lot Size67
5,137 sqftGood
Neighbourhood Sales Activity80
Good

Community Score

57.8Fair
Household Income64
Fair
Education Level63
Fair
Housing Stress42
Low
Core Housing Need38
Low
Employment Health52
Fair

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

above average
1,824 sqft
0255075100
Same streetTop 13%Same areaTop 16%CitywideTop 16%
Same street · Bannatyne Avenue
#44 / 334
Top 13% · Avg 1,150 sqft
Same area · West Alexander
#121 / 772
Top 16% · Avg 1,299 sqft
Citywide · Winnipeg
#31,621 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
252k
0255075100
Same streetTop 25%Same areaTop 14%CitywideBottom 18%
Same street · Bannatyne Avenue
#84 / 334
Top 25% · Avg 210.6k
Same area · West Alexander
#106 / 772
Top 14% · Avg 187.3k
Citywide · Winnipeg
#160,206 / 194,458
Bottom 18% · Avg 390.1k

Year Built

around average
1907
0255075100
Same streetBottom 19%Same areaTop 43%CitywideBottom 4%

Lot Size

above average
5,137 sqft
0255075100
Same streetTop 18%Same areaTop 12%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

863 Bannatyne Avenue — 23 amenities found within 500 m, across 6 categories, including 8 dining (nearest 139 m), 3 education (nearest 316 m), 2 healthcare (nearest 311 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 11/2023CA$250k–300k
Sold price

Same street

Top 26%

Same area

Top 14%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 863 Bannatyne Avenue, Winnipeg

863 Bannatyne Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,824 sqft single-family home on a 5,137 sqft lot, built in 1907 and currently assessed at $252,000. What stands out most is the living space: it’s well above average for its street, neighbourhood (West Alexander), and citywide—ranking in the top 13–16% across all three levels. The land is also generous, especially relative to the immediate street and neighbourhood, where lots tend to be several hundred square feet smaller.

The assessed value tells a more nuanced story. On the street and in West Alexander, the home is above average (top 25% and top 14%, respectively). But citywide, it sits in the bottom 18% of assessed values, reflecting both the older housing stock in this part of Winnipeg and a lower cost-per-square-foot compared to newer or more centrally located areas. The year built—1907—is older than almost everything on the street (top 81% older) and the city at large, but it’s actually around average for West Alexander, where many homes date from the 1920s.

This property would suit buyers who want more interior square footage and a larger lot than typical in this pocket of the city, without paying a premium for a newer build. It’s a good match for someone comfortable with an older home’s character and maintenance requirements, or for an investor looking at a neighbourhood where assessed values are still relatively modest. The combination of above-average living area and below-average citywide valuation suggests potential value—but only if the home’s condition justifies the space.


Five Possible FAQs

1. How does this home’s assessed value compare to others in the area?
It's above average for Bannatyne Avenue and West Alexander, but well below the citywide median of $390,100. That gap is partly because this neighbourhood has older, smaller-average-value homes than newer suburbs or higher-demand central districts.

2. Is a 1907 build a red flag?
Not necessarily, but it does mean older systems (plumbing, electrical, foundation) should be thoroughly inspected. That said, many homes in West Alexander are from the same era, so local contractors and trades will be familiar with the construction style. The key is condition, not age alone.

3. Why is the land area "around average" citywide but "above average" locally?
Citywide averages include newer subdivisions with much larger lots (sometimes over 6,000 sqft), so a 5,137 sqft lot ends up mid-pack. But on Bannatyne and in West Alexander, where lots are typically around 3,600–3,900 sqft, this is notably spacious.

4. How reliable are these rankings for making an offer?
They’re a useful starting point, not a final valuation. The living area and land rankings show you’re getting more space than most nearby homes, while the assessed value ranking suggests the city hasn’t reappraised it as high as some neighbours. A professional appraisal and recent comparable sales are still the best guide.

5. What type of renovation would add the most value here?
Given the older year built, modernizing core systems (heating, electrical, plumbing) often yields better return than cosmetic upgrades—especially if the home’s interior is dated. The generous lot also opens up potential for a rear addition or detached studio, if zoning permits.