1471 Bannatyne Avenue W

1471 Bannatyne Avenue W – Property Summary

Key Characteristics & Buyer Profile

This is a modest, post-war home (built 1947) in Winnipeg’s Weston neighbourhood, with 864 square feet of living space on a 3,549-square-foot lot. Its assessed value sits at $187,000.

The property’s main appeal is relative affordability within a well-established area. Compared to other homes on the same street, it ranks near the middle for size, value, and lot—meaning it is neither an outlier nor a fixer-upper. The land-to-house ratio is reasonable for the neighbourhood, and the year built is slightly older than the street average but newer than many nearby properties. Citywide, however, the home falls well below average in both size and value, which reflects the fact that it is a more entry-level offering.

This property suits buyers who are comfortable with a smaller footprint—first-time homeowners, downsizers, or investors looking for a rental or flip in a stable inner-city pocket. The Weston area has a mix of postwar bungalows and older housing stock, so someone who values neighbourhood character over suburban sprawl would fit here. It is not a “move-in ready showpiece,” but a straightforward, honest house with room to add value through updates.

Frequently Asked Questions

1. How does the living area compare to similar homes nearby?
At 864 sqft, this home is smaller than the street average of 1,150 sqft and the neighbourhood average of 936 sqft. It ranks in the top 66% on its street and top 57% in Weston—so it is on the lower end for the area, but not unusually small for the neighbourhood.

2. Is the assessed value in line with the market?
The assessed value of $187,000 is below the street average of $210,600 but slightly above the Weston neighbourhood average of $184,700. Citywide, it sits well below the $390,100 average, which makes sense for an older, smaller home in this part of town.

3. What is the lot like, and is there room for expansion?
The land area is 3,549 sqft. The street average is 3,898 sqft, so the lot is slightly smaller than typical for the area, but still average for Weston. There is not a lot of extra yard space for major additions, but the lot is large enough for a garage, garden, or modest rear extension.

4. How old is the house, and has it been updated?
It was built in 1947, which is about the same age as many homes on the street (average 1941) and a bit newer than the broader Weston area (average 1937). No specifics on updates are provided in the data, but pre-1950s homes in this part of Winnipeg often have original plaster, knob-and-tube wiring, or lead paint, so buyers should budget for potential system upgrades.

5. How does this property rank compared to the rest of Winnipeg?
Citywide, it falls in the bottom 14% for living area (top 86%), bottom 7% for assessed value (top 93%), and bottom 20% for land area (top 80%). Essentially, it is a below-average home for the city as a whole, but that is typical for older, inner-city properties. The value proposition is local—within Weston, it is a fairly average home at an average price.