1489 Bannatyne Avenue W

Weston, Winnipeg

Property score

44.2

Below average

Overall 44.2 · Newer than most nearby homes

826 sqft (bottom 39%) · Built in 1946 (9 yrs newer than avg)

Located in a average-income area with median household income of ~57.6k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 1 park nearby

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 57%Tagalog · 23%

Past 10 years Weston sales snapshot (~80% of all data)

Sold Count

682

Median price

202.5k

$/sqft

$245/sqft

Avg build year

1937

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Property score

44.2 is composed by the two sections below.

Property Score

33.3Low
Living Area826 sqft32Low
Year Built194630Low
Lot Size3,477 sqft38Low
Neighbourhood Sales Activity48Low

Community Score

60.5Fair
Household Income62Fair
Education Level34Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health68Good

Neighbourhood Sales

Weston

How to read: Share of sales in each ~$50k price band for “weston” (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: #46110147

Community deep dive

$58K

Median household income

$80K

Average household income

19%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

30%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)589
Labour force participation rate69%
Median age36.8
Avg household size2.4
Unemployment rate11%
Population density5890 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households30%
Couple families with children22%
Median household income (2020)$58K

Housing

Renter households53%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority47%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 57%
Mother tongue (2nd)Tagalog · 23%

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

Rankings

Living Area

around average
826 sqft
0255075100
Same streetBottom 29%Same areaBottom 39%CitywideBottom 11%
Same street · Bannatyne Avenue W
#236 / 334
Bottom 29% · Avg 1,150 sqft
Same area · Weston
#1,065 / 1,736
Bottom 39% · Avg 936 sqft
Citywide · Winnipeg
#173,653 / 194,458
Bottom 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
227k
0255075100
Same streetTop 34%Same areaTop 17%CitywideBottom 13%
Same street · Bannatyne Avenue W
#113 / 334
Top 34% · Avg 210.6k
Same area · Weston
#301 / 1,736
Top 17% · Avg 184.7k
Citywide · Winnipeg
#170,146 / 194,458
Bottom 13% · Avg 390.1k

Year Built

above average
1946
0255075100
Same streetTop 47%Same areaTop 29%CitywideBottom 23%

Lot Size

around average
3,477 sqft
0255075100
Same streetBottom 38%Same areaTop 38%CitywideBottom 19%

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

1489 Bannatyne Avenue W — 7 amenities found within 500 m, across 6 categories, including 2 dining (nearest 219 m), 1 education (nearest 309 m), 1 healthcare (nearest 374 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare1
🌳Parks1
Worship1
🏛️Government1

Crime & Safety

Weston · WPS public data · 2026

Annual incidents

66

2026

vs. city avg

+124%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Other

35%

Full crime data for Weston →Winnipeg crime overview →

Sales History

Sold 9/2016CA$200k–250k
Sold price

Same street

Bottom 49%

Same area

Top 27%

City-wide

Bottom 14%

Related homes

Highlights & common questions: 1489 Bannatyne Avenue W, Winnipeg

1489 Bannatyne Avenue W – Summary

Key Characteristics & Profile

This is a 1946-built home with 826 square feet of living space on a 3,477-square-foot lot, located in the Weston neighbourhood of Winnipeg. The property’s assessed value sits at $227,000. Its appeal lies in the contrast between its modest physical footprint and its relative value within the immediate neighbourhood. While the house is smaller than average for both the street and the city, and its lot is average for Weston, the assessed value is notably above the neighbourhood average (ranking in the top 17%) and slightly above the street average. This suggests the property’s value is not driven by size, but likely by location, condition, or other intangible factors that may not be obvious from the numbers alone. It is not a standout on paper for space or land, but it holds its value better than many nearby homes. This property would suit a buyer focused on affordability and a practical, smaller footprint in a stable, older neighbourhood—someone less concerned with square footage or a large yard, and more interested in a home that has held value without commanding a premium. It may also appeal to investors or first-time buyers looking for a lower entry price point in a neighbourhood where values are above the local baseline.


FAQs

1. Why is the assessed value above the neighbourhood average when the living area and lot size are not?
Assessed value reflects more than just size. It can account for the home’s condition, recent renovations, location within the neighbourhood, and comparable sales. A well-maintained 1940s home or one with updates can carry a higher value than larger, older, or less maintained properties nearby.

2. How does the 1946 build year affect the property’s appeal?
Homes from the 1940s often have solid construction and mature lots, but may lack modern insulation, electrical, or plumbing. The benefit is that the home is older than the city average (1966), so character or original details may appeal to some buyers, but maintenance history should be reviewed carefully.

3. The living area is 826 sq ft—is that a challenge?
It is notably small. It ranks in the bottom 11% citywide. A buyer should be comfortable with compact rooms and limited expansion potential. However, smaller homes often come with lower utility costs and easier upkeep, which can offset the size.

4. What does “top 17% for assessed value in the neighbourhood” actually mean?
It means that out of 1,736 comparable homes in Weston, only about 300 have a higher assessed value. This property falls in the higher tier for value in the area, despite not having a large house or lot. This could signal a stronger investment relative to immediate neighbours.

5. Is the land area of 3,477 sqft usable?
It is smaller than the street average (3,898 sqft) but close to the neighbourhood average (3,269 sqft). The yard is typical for Weston but small by citywide standards. It is likely a functional backyard for a smaller home, but not expansive. Check for shape and layout rather than just total square footage.

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