1452 Bannatyne Avenue W – Property Summary
Key Characteristics & Buyer Profile
This is a 1912-built home with 1,056 square feet of living space on a 2,659-square-foot lot in Winnipeg’s Weston neighbourhood. Its assessed value is $203,000.
The property sits in a bit of a middle ground. On its street, both the living area and assessed value hover around average—neither standing out nor falling behind. But within the broader Weston area, the home actually offers above-average living space and value, ranking in the top 27% and 29% respectively. This suggests it’s a relatively solid option compared to nearby homes, even if the lot and year built are older or smaller than the street average.
Its appeal lies in value relative to the neighbourhood, not the city as a whole. Citywide, the home ranks in the bottom tier for age, lot size, and assessed value—so it’s not competing with newer or larger properties elsewhere. But for someone focused on Weston specifically, it represents a decent-sized home at a moderate price point, without being the smallest or most expensive on the block.
This would suit a buyer who wants to be in an established, older neighbourhood and is comfortable with a smaller lot and an older home. It’s less suited to someone looking for a modern layout, a large yard, or a property that compares well citywide. First-time buyers or those prioritizing neighbourhood fit over square footage may find it worth a closer look.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
On the street, it’s around average—ranked 162 out of 334. In the Weston neighbourhood, it’s above average (top 29%), meaning it’s valued higher than most nearby homes, but still far below citywide averages.
2. Is the lot size unusually small?
It’s below average for the street and citywide, but right around the neighbourhood average. The lot is 2,659 sqft, while the neighbourhood average is 3,269 sqft—so it’s slightly smaller than typical for Weston, but not an outlier.
3. Why is the year built listed as “below average” on multiple levels?
The home was built in 1912, which is older than the average home on the street (1941), in the neighbourhood (1937), and citywide (1966). That places it in the older end of the housing stock, especially compared to newer developments.
4. What does “Top 27%” at the neighbourhood level actually mean for living area?
It means the home’s 1,056 sqft is larger than about 73% of comparable homes in Weston. The neighbourhood average is 936 sqft, so this home offers noticeably more interior space than most nearby options.
5. How is the ranking data calculated?
Ranks compare this property to other “comparable homes” within the same street, neighbourhood, and city. For living area and land area, larger is better. For year built, newer is better. For assessed value, higher is better. The bar fill reflects what share of peers the property outperforms in each category.