Property score
55.4
Fair
Overall 55.4 · Smaller and older than most nearby homes
680 sqft (bottom 1%) · Built in 1986 (11 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
54% smaller than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 73%French · 8%
Past 10 years Dakota Crossing sales snapshot (~80% of all data)
973
465k
$394/sqft
1997
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55.4 is composed by the two sections below.
Property Score
Community Score
Dakota Crossing
How to read: Share of sales in each ~$50k price band for “dakota crossing” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110600
$106K
Median household income
$110K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
17%
Single-person households
33%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
554 Novavista Drive — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 448 m), 1 education (nearest 130 m), 2 healthcare (nearest 437 m).
Dakota Crossing · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Property
44%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 45% | Bottom 8% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 554 Novavista Drive, Winnipeg
Key Characteristics & Appeal
This 1986 bi-level home at 554 Novavista Drive presents a specific and compelling value proposition. Its key characteristic is a significant contrast: the living space is modest at 680 sqft, ranking it among the smaller homes in the Dakota Crossing area, but it sits on a notably large lot of 4,350 sqft, which is elite-sized for its immediate street. The home features a renovated basement and a detached garage.
Its primary appeal lies in this land-to-structure ratio, offering a blank-canvas opportunity in a mature neighbourhood. The low assessed value reflects the compact home but suggests potential for the right buyer. This property would best suit a practical first-time buyer comfortable with a smaller footprint, a hands-on owner interested in future expansion or landscaping projects, or an investor seeking a land-value play in a stable area. It’s a property where the value is more in what you could do with it over time, rather than in its current finished state.
Frequently Asked Questions
1. Is the house too small?
At 680 sqft of living area, it is significantly smaller than the average Winnipeg home. The renovated basement adds functional space, but the layout will be compact. It suits minimalist living or those viewing the existing structure as a starting point.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's current state—a smaller, older home. It is actually around average for its specific street, indicating the value is closely tied to the substantial lot size rather than the dwelling's size or luxury.
3. What can I do with such a large lot?
The lot is the standout feature. It offers rare potential for this street for extensive gardening, outdoor living spaces, or even future additions like a shed, workshop, or expansion of the home itself, subject to local zoning and permits.
4. How does the 2021 sale price relate to today’s value?
The home sold for $31,600 in early 2021. Market conditions have changed since then, so that figure is a historical data point rather than a direct indicator of current value. It does, however, underscore the property's history as a lower-priced entry point into the market.
5. What are the trade-offs of this property?
You are trading interior square footage and a modern build for a larger-than-average lot in a settled neighbourhood. It prioritizes outdoor potential and affordability over immediate move-in space and modern finishes, making it a strategic purchase rather than a turnkey solution.
