45.1
Below average
Property score
45.1
Below average
Overall 45.1
Smaller but newer than most nearby homes
714 sqft (bottom 9%)
Built in 1922 (2 yrs newer than avg)
Located in a above-average income area
with median household income of ~81k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 12 dining spots, 1 school, 3 healthcare facilitys, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 62%Tagalog · 17%
Past 10 years Daniel Mcintyre sales snapshot (~80% of all data)
844
220k
$222/sqft
1920
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45.1 is composed by the two sections below.
Property Score
Community Score
Daniel Mcintyre
How to read: Share of sales in each ~$50k price band for “daniel mcintyre” (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: #46110090
$81K
Median household income
$95K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
20%
Single-person households
29%
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
578 Lipton Street — 25 amenities found within 500 m, across 6 categories, including 12 dining (nearest 102 m), 1 education (nearest 146 m), 3 healthcare (nearest 89 m).
Daniel Mcintyre · WPS public data · 2026
Annual incidents
118
2026
vs. city avg
+300%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
47%
Local garbage, recycling, and yard waste pickup schedule for 578 Lipton Street.
Garbage
friday
Recycling
friday
Yard Waste
friday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 19% | Bottom 44% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 578 Lipton Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1922 on a standard city lot in Daniel McIntyre. Its primary appeal lies in its position as an accessible entry point into the Winnipeg market, underscored by a very low municipal assessed value. The home is notably smaller than most, with 714 sqft of living space, placing it well below area averages. It features a detached garage and an unrenovated basement.
The property suits practical, value-focused buyers. It’s a candidate for a live-in renovation project for a handy first-time buyer, or could serve as a straightforward rental investment given the low acquisition cost. A less obvious perspective is its relative historical standing: for its street and neighbourhood, the 1922 build date is actually older than many peers, which may appeal to those charmed by early-century character but also suggests a need for attention to aging components. The data indicates you are purchasing primarily for the land and location, with the existing structure offering basic shelter.
Frequently Asked Questions
1. Is this a "tear-down" property?
While the home is small and the basement is unrenovated, the assessed value is significantly below both the previous sale price and typical area values. This suggests the existing structure still contributes value. It is more accurately seen as a major fixer-upper rather than a guaranteed demolition candidate.
2. Why is the assessed value so much lower than the average home?
The assessed value reflects the municipality's valuation for tax purposes, heavily influenced by the home's very small size, age, and condition (noting the unrenovated basement). It is in line with other very modest properties in the wider city, not with average family homes.
3. What does the "below average" living area ranking mean for daily life?
With 714 sqft, the living space is compact. Efficient use of space is essential. This typically means fewer or smaller rooms, limited storage, and a layout that may feel confined for more than one or two occupants. The unrenovated basement presents an opportunity to add functional space.
4. How does the 2017 sale price relate to today's likely value?
The property sold for $18,800 in 2017. Market conditions have changed since then, but this history confirms its long-standing status as a lower-value asset. Any current price will be influenced more by present market dynamics for entry-level homes and land value.
5. Are the older mechanical systems a concern?
Given the home's age (104 years) and the note of an unrenovated basement, prospective buyers should budget for and prioritize inspections of major aging systems, including plumbing, electrical, and the foundation. Their condition will be a key factor in renovation planning and cost.
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