45.1
Below average
Property score
45.1
Below average
Overall 45.1
Smaller but newer than most nearby homes
748 sqft (bottom 13%)
Built in 1921 (1 yr newer than avg)
Located in a above-average income area
with median household income of ~81k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 14 dining spots, 1 school, 2 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
34% smaller than neighborhood avg.
Year Built
Above average
1 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
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
605 Lipton Street — 28 amenities found within 500 m, across 7 categories, including 14 dining (nearest 170 m), 1 education (nearest 122 m), 2 healthcare (nearest 141 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 | Bottom 2% | Bottom 13% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 605 Lipton Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1921, offering a renovated basement and a modest 748 sqft of living space. Its key characteristic is its position as an accessible entry point into the Winnipeg market. The appeal lies in its very low municipal assessed value, which is significantly below averages for the street, neighborhood, and city. This suggests a potentially lower property tax burden and an opportunity for buyers with a limited budget to secure a standalone house rather than a condo.
The home would suit first-time buyers, investors, or downsizers seeking minimal upfront cost and a manageable footprint. A thoughtful perspective is that its older vintage (ranking in the top 25% for age on its street) may appeal to those who appreciate established neighborhoods with mature streetscapes. However, the below-average living area requires a buyer comfortable with efficient, cozy living or someone viewing the property as a long-term hold with renovation potential. The lot size is fairly typical for the area, offering standard outdoor space without extensive maintenance demands.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the last sale price?
Municipal assessments for tax purposes often lag behind market sale prices and are calculated using mass appraisal techniques. A sale price reflects what a specific buyer was willing to pay at a specific time, while the assessment is an estimate of value for taxation relative to other properties.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finish quality, ceiling height, necessary permits, and whether it includes a separate entrance or legal suite potential.
3. Is the house smaller than most in the area?
Yes. With 748 sqft, its living area is below the average for comparable homes on Lipton Street, in the Daniel McIntyre neighborhood, and city-wide. This confirms its status as a more compact, efficient property.
4. What are the implications of no garage?
Parking will be limited to on-street or a possible driveway if one exists (not specified). This is common for older homes in central neighborhoods but is a practical consideration for vehicle owners, especially in winter.
5. How does the 1921 build year affect the property?
It places the home among the older properties on the street. This often means character but also necessitates careful attention to the condition of major aging components like the roof, plumbing, electrical, and foundation during an inspection.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
