925 Bannatyne Avenue

West Alexander, Winnipeg

Property score

59.5

Fair

Overall 59.5 · Newer than most nearby homes

1,129 sqft (bottom 42%) · Built in 1947 (26 yrs newer than avg)

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

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 5 dining spots, 2 healthcare facilitys, 3 shops, and 1 park nearby

Living Area

Near average

13% smaller than neighborhood avg.

Year Built

Above average

26 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

59.5 is composed by the two sections below.

Property Score

58.7Fair
Living Area1,129 sqft60Fair
Year Built194730Low
Lot Size6,525 sqft85Excellent
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
1,129 sqft
0255075100
Same streetTop 38%Same areaBottom 42%CitywideBottom 43%
Same street · Bannatyne Avenue
#126 / 334
Top 38% · Avg 1,150 sqft
Same area · West Alexander
#445 / 772
Bottom 42% · Avg 1,299 sqft
Citywide · Winnipeg
#111,336 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

above average
227k
0255075100
Same streetTop 34%Same areaTop 26%CitywideBottom 13%
Same street · Bannatyne Avenue
#113 / 334
Top 34% · Avg 210.6k
Same area · West Alexander
#201 / 772
Top 26% · Avg 187.3k
Citywide · Winnipeg
#170,146 / 194,458
Bottom 13% · Avg 390.1k

Year Built

above average
1947
0255075100
Same streetTop 43%Same areaTop 18%CitywideBottom 24%

Lot Size

Elite
6,525 sqft
0255075100
Same streetTop 1%Same areaTop 2%CitywideTop 22%

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

925 Bannatyne Avenue — 17 amenities found within 500 m, across 6 categories, including 5 dining (nearest 230 m), 2 healthcare (nearest 332 m), 3 shopping (nearest 323 m).

Search radius
🍽️Dining5
🏥Healthcare2
🛒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 1/2016CA$200k–250k
Sold price

Same street

Top 46%

Same area

Top 29%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 925 Bannatyne Avenue, Winnipeg

Here is a clean, standalone summary of the property at 925 Bannatyne Avenue, written for direct display.


Key Characteristics & Buyer Profile

This property is defined by an exceptionally large lot. With 6,525 square feet of land, it ranks in the top 1% on its street and the top 2% in the West Alexander neighborhood, where the average lot is roughly 3,600 square feet. The house itself is a modest 1,129 square feet—slightly smaller than the neighborhood average of 1,299 square feet—and was built in 1947, which is newer than many nearby homes (the neighborhood average is 1921).

The appeal here is the land value. The assessed value of $227,000 is above the neighborhood average ($187,300), reflecting the premium placed on the lot size, not the structure. This makes it a strong candidate for buyers who value outdoor space, gardening, or the potential for future expansion or redevelopment. Because the house is smaller and older than the citywide average but sits on a prime piece of land, it would particularly suit a hands-on buyer—someone comfortable with renovations or looking to build new. It is less suited for someone wanting a move-in-ready home of average size in a typical Winnipeg subdivision, as the living area is tighter than the city norm.


Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
On its street, the assessed value is slightly above average, ranking in the top 34%. In the broader neighborhood, it ranks in the top 26%, meaning it is valued higher than most of its neighbors—again, due to the land.

2. Is this a good property for a renovation project?
Yes, potentially. The house itself is solidly built (1947) but modest in size. The main value is in the 6,525 sqft lot. Renovating the existing home could work if the layout suits your needs, but the real opportunity may lie in expanding the footprint or, depending on zoning, subdividing the lot.

3. How does the living area compare city-wide?
At 1,129 sqft, the home is below the citywide average of 1,342 sqft for comparable properties. It ranks in the bottom 43% city-wide, meaning most homes in Winnipeg have more interior space.

4. Why is the assessed value below the city average if the lot is so large?
Because location and the home itself matter. City-wide, the average assessed value is $390,100, which includes newer, larger homes in more expensive areas. While this lot is generous for its street and neighborhood, it is in an older, less centrally-valued part of the city relative to Winnipeg’s overall market.

5. What does the “elite” ranking for land area mean in practice?
It means this lot is among the largest on the block—specifically, larger than 99% of the properties on Bannatyne Avenue. For context, most lots in the neighborhood are under 4,000 sqft. This gives you significantly more yard space, privacy, and flexibility than almost any other house nearby.

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