Property Overview: 1040 Bannerman Avenue, Winnipeg
Key Characteristics & Appeal
This home on Bannerman Avenue in the Robertson neighborhood stands out for its substantial size and premium lot. Its primary appeal lies in offering significantly more space—both indoors and out—than nearly all surrounding properties. With over 2,000 square feet of living area on a 7,136 sqft lot, it ranks in the top 1% of its immediate street and neighborhood for these features. Built in 1956, it is also a newer construction compared to many area homes.
The property’s assessed value of $453K is notably higher than local averages, reflecting its elite standing in the area. Recent sale data suggests strong market confidence, with a sale in early 2024 placing it in the top 1% of the local market. This home is best suited for buyers who prioritize generous interior space and a large yard in a mature neighborhood, and who see value in owning a property that is a standout in its immediate community. It represents an opportunity to acquire a home with metrics that dominate its local context, offering a rare combination of scale and established location.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
It is exceptionally large for the area. The living area is roughly double the neighborhood average and the lot size is over 50% larger than the street average, placing it in the top 1% of local comparisons.
2. The assessed value seems high for the area. Why is that?
The assessed value reflects the property’s standout characteristics. It ranks #2 on its entire street and in the Robertson neighborhood, justified by its much larger living area and land size compared to the typical home here.
3. What is the recent sales history?
The property sold in January 2024. The sold price range placed it in the top 1% for the street and neighborhood, indicating a premium was paid for its scale and position.
4. Is the year built (1956) a concern?
For its specific street and neighborhood, 1956 is actually a newer build. The average year built on Bannerman Avenue is 1936, and 1949 in Robertson, making this home relatively modern in its local context.
5. Where can I get exact historical sale prices?
The site provides sold price ranges publicly. Due to industry rules, exact MLS figures are not displayed online. You can request the full, verified transaction history directly via email from the site’s team.