897 Bannatyne Avenue

West Alexander, Winnipeg

Property score

59.1

Fair

Overall 59.1 · Newer than most nearby homes

1,108 sqft (bottom 40%) · Built in 1948 (27 yrs newer than avg)

Located in a above-average income area with median household income of ~72k

Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 6 dining spots, 2 schools, 3 healthcare facilitys, and 3 shops nearby

Living Area

Near average

15% smaller than neighborhood avg.

Year Built

Above average

27 yrs newer than neighborhood avg.

Mother tongue

English · 43%Tagalog · 23%

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

59.1 is composed by the two sections below.

Property Score

58.1Fair
Living Area1,108 sqft60Fair
Year Built194830Low
Lot Size6,379 sqft81Excellent
Neighbourhood Sales Activity80Good

Community Score

60.6Fair
Household Income72Good
Education Level22Low
Housing Stress74Good
Core Housing Need76Good
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: #46110137

Community deep dive

$72K

Median household income

$74K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

28%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)483
Labour force participation rate50%
Median age41.6
Avg household size2.8
Unemployment rate4%
Population density3018 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households28%
Couple families with children25%
Median household income (2020)$72K

Housing

Renter households39%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)46%
Visible minority52%
Bachelor's or higher (25–64)11%
Mother tongue (1st)English · 43%
Mother tongue (2nd)Tagalog · 22%

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

Rankings

Living Area

around average
1,108 sqft
0255075100
Same streetTop 40%Same areaBottom 40%CitywideBottom 40%
Same street · Bannatyne Avenue
#132 / 334
Top 40% · Avg 1,150 sqft
Same area · West Alexander
#463 / 772
Bottom 40% · Avg 1,299 sqft
Citywide · Winnipeg
#115,894 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
254k
0255075100
Same streetTop 25%Same areaTop 13%CitywideBottom 18%
Same street · Bannatyne Avenue
#82 / 334
Top 25% · Avg 210.6k
Same area · West Alexander
#101 / 772
Top 13% · Avg 187.3k
Citywide · Winnipeg
#159,292 / 194,458
Bottom 18% · Avg 390.1k

Year Built

above average
1948
0255075100
Same streetTop 37%Same areaTop 16%CitywideBottom 26%

Lot Size

Elite
6,379 sqft
0255075100
Same streetTop 2%Same areaTop 2%CitywideTop 24%

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

897 Bannatyne Avenue — 21 amenities found within 500 m, across 7 categories, including 6 dining (nearest 136 m), 2 education (nearest 474 m), 3 healthcare (nearest 290 m).

Search radius
🍽️Dining6
🏫Education2
🏥Healthcare3
🛒Shopping3
🌳Parks1
Fuel Stations1
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 10/2022CA$250k–300k
Sold price

Same street

Top 30%

Same area

Top 16%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 897 Bannatyne Avenue, Winnipeg

897 Bannatyne Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1948-built home with 1,108 square feet of living space, sitting on a notably large 6,379-square-foot lot. The property’s strongest asset is the land: it ranks in the top 2% for lot size both on its street and within the West Alexander neighborhood, and top 24% citywide. The assessed value of $254,000 is well above the neighborhood average of $187,300, partly reflecting the land premium. The living area is average for the area, and the home is slightly older than the citywide median but newer than most neighboring houses.

The appeal here is not the house itself—it’s the lot. Buyers who prioritize outdoor space, garden potential, or future development possibilities will find this property compelling. The living area is modest, so it’s less suited for someone needing maximum interior square footage. It may also appeal to investors or renovators looking at lot value over time, or to families who value yard space over a larger floor plan. The home is priced below the citywide average but above the local average, which suggests the value is concentrated in the land.


Five Frequently Asked Questions

1. Why is the assessed value above the neighborhood average but below the citywide average?
The neighborhood average in West Alexander is relatively low ($187,300), so $254,000 stands out locally. Citywide, however, includes many higher-value areas, pulling the average up to $390,100. The property is good value for its immediate area, but not cheap compared to the broader Winnipeg market.

2. The living area is around average—does that mean the house feels small?
Not necessarily. 1,108 square feet is typical for homes of this era in the neighborhood. It’s a manageable size for a couple or small family. What makes it feel potentially larger is the generous lot, which gives room for additions, a workshop, or extensive landscaping.

3. Is the lot size unusual for the street or area?
Yes. At 6,379 square feet, it’s nearly double the average on Bannatyne Avenue (3,898 sqft) and well above the neighborhood average (3,591 sqft). This kind of lot is rare in the area and is the property’s standout feature.

4. The house was built in 1948—should I expect major renovations?
It depends on how well it’s been maintained. 1948 is newer than most homes in West Alexander (average 1921), so it’s relatively modern for the neighborhood. Citywide, it’s older than the average (1966). Expect systems (plumbing, electrical, roof) to be mid-century unless updated. A thorough inspection is advisable.

5. Who would this property suit best?
It’s ideal for buyers who value outdoor space and are comfortable with a modestly sized home. Think gardeners, families with kids who need a yard, or someone planning a future addition. It’s less suited for anyone needing a large interior or a turnkey modern home.

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