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 1928 (8 yrs newer than avg)
Located in a above-average income area
with median household income of ~81k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 14 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
8 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
587 Lipton Street — 28 amenities found within 500 m, across 7 categories, including 14 dining (nearest 125 m), 1 education (nearest 100 m), 3 healthcare (nearest 97 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 47% | Top 24% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 587 Lipton Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Daniel McIntyre neighbourhood, built in 1928. With 714 sq ft of living space and a renovated basement, it offers a efficient, low-maintenance footprint on a standard city lot. Its assessed value is notably modest compared to city-wide averages, positioning it as an accessible entry point into the market.
The primary appeal lies in its practicality and potential. The renovated basement adds functional space, and the home's age, while older than most in the city, is actually newer than many comparable homes on its street and in the immediate area. This suggests a potentially more solid foundation or updated core systems relative to its direct peers. It would suit first-time buyers, investors looking for a rental property, or downsizers seeking a simple, grounded home without the burden of a large mortgage or excessive upkeep. Its value is in what it provides—essential shelter and a foothold in a central community—without the premium for size or luxury.
Section 2: Frequently Asked Questions
1. Is the low assessed value a red flag?
Not necessarily. While well below the Winnipeg average, the assessment is typical for its specific street and neighbourhood. It primarily reflects the home's smaller size and the local market, not necessarily its condition, especially given the noted basement renovation.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is crucial to determine the quality of the renovation, the basement's legal status (e.g., is it a legal suite?), and to check for any moisture or foundational issues common in older homes.
3. How does the 1928 build year affect the home?
While 98 years old, the data shows this home is actually newer than about 80% of similar properties in Daniel McIntyre. This could mean less wear on certain original elements, but it still requires a thorough inspection for aging plumbing, electrical wiring, and insulation standards.
4. Who might this property not suit?
It's likely not a fit for those needing multiple bedrooms, dedicated home-office space, or who entertain large groups frequently. The living area is significantly smaller than the average Winnipeg home, prioritizing efficiency over spaciousness.
5. What is the context of the 2020 sale price?
The home sold for $23.5k in July 2020. This very low sale price, during a unique time, may have been part of a non-arms-length transaction (e.g., between family members) or for a nominal amount with other considerations. It should not be used as a direct indicator of the home's current market value.
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