Property score
33.9
Below average
Overall 33.9 · Smaller and older than most nearby homes
852 sqft (bottom 27%) · Built in 1902 (23 yrs older than avg)
Located in a average-income area with median household income of ~50k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 3 schools, 2 shops, and 1 park nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Below average
23 yrs older than neighborhood avg.
Mother tongue
English · 75%Tagalog · 7%
Past 10 years Dufferin sales snapshot (~80% of all data)
160
168.5k
$100/sqft
1925
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33.9 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: #46110055
$50K
Median household income
$68K
Average household income
26%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.5
P90 / P10 ratio
31%
Single-person households
10%
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
506 Flora Avenue — 11 amenities found within 500 m, across 6 categories, including 2 dining (nearest 298 m), 3 education (nearest 176 m), 2 shopping (nearest 358 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 30% | Bottom 29% | Bottom 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 4% | Bottom 3% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 506 Flora Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1902, situated on a standard city lot in the Dufferin neighbourhood. Its key characteristic is its position as an entry-point property. With 852 sqft of living space and an unrenovated basement, it offers basic accommodation. The assessed value is notably low compared to city-wide averages, indicating a very affordable price point.
The primary appeal lies in its potential as a low-barrier investment or a minimalist living opportunity. It suits buyers seeking a straightforward entry into homeownership, such as an investor looking for a rental property with a low initial cost, or a hands-on buyer willing to live simply while planning future renovations. Its smaller size and vintage also appeal to those looking to minimize their physical and financial footprint. A less obvious perspective is its potential value as a "land bank" – the lot itself, in an established neighbourhood, may hold long-term value that outweighs the current state of the structure.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Assessed values are based on a mass appraisal system. This home's very low assessment reflects its age, smaller size, condition (including an unrenovated basement), and the specific market dynamics of its immediate area compared to the wider city.
2. What does "Top 87%" for living area city-wide mean?
It means this home's living area is smaller than approximately 87% of comparable residential properties across Winnipeg. In simpler terms, it is a below-average-sized home for the city.
3. Is the basement finished or usable for living space?
The listing specifies the basement is "not renovated," indicating it is unfinished and likely suited for utilities and storage only, not formal living space.
4. What can recent sale prices on the street tell me?
Nearby sales show a wide range, from $10,600 to $70,000 in recent years. This suggests the street may have a mix of property conditions and uses, and that values can be highly specific to each property's state. It underscores the importance of a professional inspection.
5. Who would this property not be suitable for?
It would not suit buyers looking for a move-in ready home, those needing multiple bedrooms or ample living space, or anyone unable to handle potential maintenance issues common with a 120+ year-old house. It is a project-oriented property.
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