874 Bannatyne Avenue

West Alexander, Winnipeg

Property score

60.6

Fair

Overall 60.6 · Larger than most nearby homes

1,548 sqft (top 28%) · Built in 1914 (7 yrs older than avg)

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

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 8 dining spots, 3 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Near average

7 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

60.6 is composed by the two sections below.

Property Score

62.5Fair
Living Area1,548 sqft79Good
Year Built191416Low
Lot Size4,150 sqft53Fair
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

above average
1,548 sqft
0255075100
Same streetTop 20%Same areaTop 28%CitywideTop 28%
Same street · Bannatyne Avenue
#68 / 334
Top 20% · Avg 1,150 sqft
Same area · West Alexander
#216 / 772
Top 28% · Avg 1,299 sqft
Citywide · Winnipeg
#54,271 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
175k
0255075100
Same streetBottom 36%Same areaBottom 46%CitywideBottom 5%
Same street · Bannatyne Avenue
#215 / 334
Bottom 36% · Avg 210.6k
Same area · West Alexander
#417 / 772
Bottom 46% · Avg 187.3k
Citywide · Winnipeg
#184,187 / 194,458
Bottom 5% · Avg 390.1k

Year Built

around average
1914
0255075100
Same streetBottom 32%Same areaTop 32%CitywideBottom 11%

Lot Size

above average
4,150 sqft
0255075100
Same streetTop 33%Same areaTop 24%CitywideBottom 28%

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

874 Bannatyne Avenue — 24 amenities found within 500 m, across 7 categories, including 8 dining (nearest 182 m), 3 education (nearest 337 m), 2 healthcare (nearest 241 m).

Search radius
🍽️Dining8
🏫Education3
🏥Healthcare2
🛒Shopping2
🌳Parks2
Fuel Stations1
Worship6

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 2/2021CA$150k–200k
Sold price

Same street

Bottom 29%

Same area

Bottom 39%

City-wide

Bottom 6%

Related homes

Highlights & common questions: 874 Bannatyne Avenue, Winnipeg

874 Bannatyne Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1914 home with 1,548 square feet of living space on a 4,150-square-foot lot in West Alexander, Winnipeg. Its standout feature is the living area—well above average for its street, neighbourhood, and city. The lot is also on the generous side locally, ranking in the top third on Bannatyne Avenue and top quarter in West Alexander.

Where the property really differs from expectations is in assessed value. Despite being larger and on a bigger lot than many neighbours, the assessed value sits around the local average and falls well below the citywide median. That means the buyer gets more physical house and land per dollar of assessed valuation than typical. The year built (1914) is older than the city average, which is worth noting for maintenance and character—it ranks in the older third of homes citywide.

The appeal here is for a buyer who values space and land over a modern or recently updated property, and who is comfortable with an older home in a central neighbourhood. It would suit someone looking for above-average square footage without paying a premium for new construction or a high-value assessed address. A buyer who appreciates early-20th-century character and doesn’t mind some updating—or who sees the lower assessed value as a potential value play—would be a natural fit.


Frequently Asked Questions

1. How does the size of this home compare to others nearby?
It’s noticeably larger than most. The living area is 1,548 sqft, while the average on Bannatyne Avenue is 1,150 sqft and the neighbourhood average is 1,299 sqft. It ranks in the top 20% on the street and top 28% in West Alexander.

2. Why is the assessed value so much lower than the city average?
The assessed value is around $175,000, compared to a citywide average of about $390,000 for comparable homes. That’s largely because the city average includes many newer, more expensive properties across all of Winnipeg. Within its own street and neighbourhood, the assessed value is actually around average—so it’s not under-valued locally, just very different from the citywide mix.

3. Is a 1914 home likely to have any particular issues?
It depends on how it’s been maintained, but homes from this era often have older electrical, plumbing, and insulation. The lot is a solid 4,150 sqft, so there’s good outdoor space, but the house itself may need some system updates. The year-built ranking (older than 89% of city homes) is a reminder to budget for potential work.

4. What does “rank by living area, larger = better rank” mean exactly?
It means homes are sorted by living area size, and a higher rank (closer to #1) means a larger home. For example, ranking #68 out of 334 on the street means only 67 homes have more square footage. The bar fill shows what percentage of comparable homes you outperform in that category.

5. Who would this property not be a good fit for?
Buyers looking for a move-in-ready modern home with a low-maintenance footprint would likely want to look elsewhere. Also, anyone who prioritizes a high assessed value for resale or equity perception may find the citywide ranking (top 95% for low value) off-putting, even if the local value is fair.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.