1379 Bannatyne Avenue W – Property Summary
Key Characteristics & Buyer Fit
This is a 1945-built home with 1,047 square feet of living space on a notably large 4,946-square-foot lot. The property sits in Winnipeg’s Weston neighbourhood.
The standout feature is the land. At just under 5,000 square feet, the lot ranks in the top 9% for its neighbourhood and top 23% on its street—well above the area average of 3,269 square feet. For buyers who value outdoor space, yard potential, or possible future expansion, this is the property’s main draw.
The living area is slightly below the street average but above the neighbourhood average, meaning the house itself is a modest size relative to its lot. The assessed value of $195,000 is around average for the street and neighbourhood but significantly below the citywide median, reflecting both the older construction and the trade-off between a smaller house and a larger piece of land.
This property would suit buyers who prioritize lot size over interior square footage—gardeners, families wanting a big yard, or those open to renovating or eventually building. It may be less appealing to someone looking for a move-in-ready home with generous indoor space or a newer build. The price point is grounded for the area, which could leave room for improvements.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The assessed value of $195,000 is about average for the street (where the average is $210,600) and slightly above the neighbourhood average of $184,700. Citywide it falls well below the median of $390,100, which is typical for older homes on the west side of Winnipeg.
2. Is the living space considered small for the area?
At 1,047 square feet, it’s slightly below the street average of 1,150 but above the Weston neighbourhood average of 936. So it’s a touch smaller than immediate neighbours but larger than many homes in the broader area.
3. What does the land area actually mean for practical use?
A 4,946-square-foot lot is roughly 50 feet by 100 feet—generous for a city lot. It offers room for a substantial garden, a workshop, a play structure, or off-street parking for multiple vehicles. The lot is one of the larger ones on the block.
4. Is the 1945 build a concern for renovations or insurance?
Homes from this era often have solid construction but may need updates to electrical, plumbing, insulation, or windows. Insurance premiums can be slightly higher for older homes, but many lenders and insurers treat pre-war builds as standard if maintenance has been consistent.
5. How does this property rank compared to others citywide?
Citywide, the home is in the top 67% for living area, the top 58% for lot size, and the top 92% for assessed value—meaning it’s on the lower end of value but in the middle of the pack for space. The lot is its strongest ranking relative to the rest of Winnipeg.