1455 Bannatyne Avenue W

1455 Bannatyne Avenue W – Property Summary

Key Characteristics & Buyer Profile

This is a 2013-built home with 835 sqft of living space on a 2,651 sqft lot, currently assessed at $281,000. The property stands out most for its age—it’s newer than 92% of homes citywide and ranks in the top 5% for its neighbourhood in Weston, where the average home was built in 1937. That means you’re getting a modern build in an older, established area, which is uncommon.

The assessed value is above average for both the street and the neighbourhood, but below the citywide average—so while it’s priced higher than nearby older homes, it's still well under typical Winnipeg values. The land area is on the smaller side, which is typical for newer infill builds, but the living space is close to the neighbourhood norm.

The appeal here is for buyers who want a newer home without moving to a suburban development. If you like the character of central neighbourhoods but want something built in the last decade with modern efficiency and finishes, this fits. It’s less suited for someone wanting a large yard or a big open floor plan, or for investors looking for underpriced value—the assessment already reflects the relatively high desirability in this pocket.

Five Possible FAQs

1. Why is the assessed value high for the neighbourhood but low for the city?
Weston has a lot of older, smaller homes with lower values, so a 2013 build stands out locally. But citywide, $281,000 is still under the median—Winnipeg’s average includes newer suburban homes and larger lots, which pull the city number up.

2. Is the small land area a problem for resale?
Not necessarily. Many buyers in this area prioritize a newer house over a big yard. Smaller lots also mean less maintenance. The catch is that if land values rise sharply, this property may not appreciate as much as a larger lot nearby.

3. How does the living space compare to typical newer homes in the city?
At 835 sqft, it’s below the citywide average for comparable homes (1,342 sqft). This is more of a compact or starter home size. If you’re used to suburban new builds with 1,200+ sqft, this will feel tighter.

4. What does “Top 8%” for year built on the street actually mean?
It means only about 27 of the 334 homes on Bannatyne Avenue are newer than this one. Most houses on that street are from the 1940s or earlier. If you want to avoid older wiring, plaster walls, or lead pipes common in that area, this home skips those issues.

5. Does the ranking system consider condition or renovations?
No. The rankings are based solely on raw data: year built, assessed value, living area, and land area. A well-updated 1950s home could have a lower rank in year built but be in better condition than a 2013 house that hasn’t been maintained. Visit the property in person to judge actual condition.