Property score
37.2
Below average
Overall 37.2 · Smaller but newer than most nearby homes
616 sqft (bottom 7%) · Built in 1947 (10 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
34% smaller than neighborhood avg.
Year Built
Above average
10 yrs newer than neighborhood avg.
Mother tongue
English · 57%Tagalog · 23%
Past 10 years Weston sales snapshot (~80% of all data)
682
202.5k
$245/sqft
1937
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Property score
37.2 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
above averageLot Size
around averageRank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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
1506 Bannatyne Avenue W — 7 amenities found within 500 m, across 6 categories, including 2 dining (nearest 145 m), 1 education (nearest 300 m), 1 healthcare (nearest 330 m).
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%
Sales History
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Top 42% | Bottom 9% |
1506 Bannatyne Avenue W · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 1506 Bannatyne Avenue W, Winnipeg
Property Summary: 1506 Bannatyne Avenue W, Winnipeg
Key Characteristics & Buyer Profile
This is a compact, older home — 616 sqft of living space on a 2,654 sqft lot, built in 1947. The assessed value sits at $165,000. Across all metrics, the property ranks below average for its street, neighbourhood (Weston), and the city of Winnipeg. The living area is particularly small (in the bottom 1% city-wide), and the lot is modest. The home’s construction year is roughly average for the street but newer than much of the surrounding area, where many homes date from the late 1930s.
The main appeal here is affordability and a lower entry price point, not space or standout features. For a buyer who values a smaller footprint, lower property tax exposure, and a location in an established, older neighbourhood, this could be a practical fit. It may also suit an investor or first-time buyer looking for a property with room to improve, given the age and size — though there’s no indication of condition or renovations from the data alone. It would not suit someone seeking a larger home, modern finishes, or a lot with outdoor space.
Five Possible FAQs
1. Why is the living area so small compared to other homes in the area?
The home’s 616 sqft is significantly below the average for its street (1,150 sqft) and city-wide (1,342 sqft). This is likely a post-war bungalow or similar compact design. Buyers should verify the floor plan and consider whether the layout meets their needs, as square footage this low is uncommon.
2. Is the assessed value of $165,000 reasonable?
The assessment is below the street average ($211,000) and the city average ($390,000), but close to the neighbourhood average ($185,000). This suggests the property is priced in line with its immediate area, though lower than the broader market. Keep in mind that assessed value is not the same as market value; a local realtor can provide a comparative market analysis.
3. How does the lot size compare to typical properties in Weston?
The lot is 2,654 sqft — smaller than the street average (3,898 sqft) and just below the neighbourhood average (3,269 sqft). It’s noticeably smaller than the city-wide average (6,570 sqft). This means limited yard space, which may be a consideration for gardening, parking, or future extension.
4. What does “built in 1947” mean for maintenance or renovations?
Homes from this era often have solid construction but may need updates to systems (electrical, plumbing, insulation) and finishes. While newer than many neighbouring homes (averaging 1937), it’s still an older property. A home inspection is strongly recommended to assess the foundation, roofing, and major systems.
5. How does this property compare to others in the same price range in Winnipeg?
At $165,000, this home is well below the city’s typical assessed value. Buyers may find more square footage or land elsewhere, but likely in different neighbourhoods. The trade-off here is the specific location in Weston, which offers proximity to the Assiniboine River and established residential streets. Comparing similarly priced listings across the city is advisable.
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