Property score
38.4
Below average
Overall 38.4 · Compared with neighbourhood average
1,152 sqft (top 36%) · Built in 1909 (16 yrs older than avg)
Located in a below-average income area with median household income of ~39.2k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 3 schools, 1 healthcare facility, and 2 shops nearby
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Near average
16 yrs older than neighborhood avg.
Mother tongue
English · 63%Tagalog · 9%
Past 10 years Dufferin sales snapshot (~80% of all data)
160
168.5k
$100/sqft
1925
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38.4 is composed by the two sections below.
Property Score
Community Score
Dufferin
How to read: Share of sales in each ~$50k price band for “dufferin” (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: #46110056
$39K
Median household income
$51K
Average household income
33%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.2
P90 / P10 ratio
43%
Single-person households
8%
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
487 Flora Avenue — 12 amenities found within 500 m, across 7 categories, including 2 dining (nearest 232 m), 3 education (nearest 138 m), 1 healthcare (nearest 466 m).
Dufferin · WPS public data · 2026
Annual incidents
38
2026
vs. city avg
+29%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
45%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 21% | Bottom 21% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 487 Flora Avenue, Winnipeg
Key Characteristics & Buyer Profile
This is a compact, century-old home (built 1909) in the Dufferin neighbourhood, presenting a straightforward opportunity. Its key appeal lies in its position as an accessible entry point into the Winnipeg market. With 1,152 sqft of living space spread over one and three-quarters storeys and an unrenovated basement, it offers functional basics. The lot is modest at 2,810 sqft, smaller than most in the area, which translates to less exterior maintenance.
The home’s most notable characteristic is its significantly below-average assessed value, both locally and city-wide. This, coupled with its recent sale at a very low price point, clearly positions it as a fixer-upper or investment property rather than a move-in-ready home. It would suit hands-on buyers looking for a project, whether as a first home to slowly improve, a rental investment, or for potential redevelopment. Its smaller scale makes renovations more manageable and less capital-intensive than a larger property. A less obvious perspective is that its age and established neighbourhood location might offer more character and community stability than newer areas, despite the work required.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is based on the property’s current state and market position. A very low assessment typically reflects the home’s age, condition, and the fact that it likely requires significant updates or repairs compared to the broader market.
2. What does “one & 3/4 storey” mean for the layout?
This style usually features main living areas on the ground floor, with upper-floor rooms built into the roof space, often with sloped ceilings. It can offer cozy, character-filled bedrooms but may have less full-height square footage than a true two-storey home.
3. Is the small lot size a major drawback?
It limits expansive outdoor space and potential for large additions, but it also means less yard work and lower property taxes tied to land value. For a buyer focused on the house itself or a low-maintenance plot, it can be a practical trade-off.
4. What should I budget for beyond the purchase price?
Given the age and mention of an unrenovated basement, initial budgets should prioritize essential systems: roof, foundation, plumbing, wiring, and heating. Cosmetic updates would come after these critical areas are addressed.
5. How does the recent sale price compare to the assessment?
The home sold for slightly above its assessed value. This is common for properties in this condition, where the market price is closely aligned with the official valuation of the land and existing structure, with little premium for finishes or updates.
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