1506 Bannatyne Avenue W

Weston, Winnipeg

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)

Sold Count

682

Median price

202.5k

$/sqft

$245/sqft

Avg build year

1937

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

37.2 is composed by the two sections below.

Property Score

21.6Low
Living Area616 sqft15Low
Year Built194730Low
Lot Size2,654 sqft28Low
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

below average
616 sqft
0255075100
Same streetBottom 6%Same areaBottom 7%CitywideBottom 1%
Same street · Bannatyne Avenue W
#315 / 334
Bottom 6% · Avg 1,150 sqft
Same area · Weston
#1,621 / 1,736
Bottom 7% · Avg 936 sqft
Citywide · Winnipeg
#192,334 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

around average
165k
0255075100
Same streetBottom 29%Same areaBottom 41%CitywideBottom 4%
Same street · Bannatyne Avenue W
#236 / 334
Bottom 29% · Avg 210.6k
Same area · Weston
#1,018 / 1,736
Bottom 41% · Avg 184.7k
Citywide · Winnipeg
#186,016 / 194,458
Bottom 4% · Avg 390.1k

Year Built

above average
1947
0255075100
Same streetTop 43%Same areaTop 27%CitywideBottom 24%

Lot Size

around average
2,654 sqft
0255075100
Same streetBottom 18%Same areaBottom 49%CitywideBottom 7%

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).

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 4/2022CA$150k–200k
Sold price

Same street

Bottom 38%

Same area

Top 42%

City-wide

Bottom 9%

Related homes

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.

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.