508 Flora Avenue

Dufferin, Winnipeg

Property score

30.3

Below average

Overall 30.3 · Smaller and older than most nearby homes

760 sqft (bottom 15%) · Built in 1904 (21 yrs older than avg)

Located in a average-income area with median household income of ~50k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 3 schools, 2 shops, and 1 park nearby

Living Area

Below average

32% smaller than neighborhood avg.

Year Built

Below average

21 yrs older than neighborhood avg.

Mother tongue

English · 75%Tagalog · 7%

Past 10 years Dufferin sales snapshot (~80% of all data)

Sold Count

160

Median price

168.5k

$/sqft

$100/sqft

Avg build year

1925

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Property score

30.3 is composed by the two sections below.

Property Score

23.7Low
Living Area760 sqft22Low
Year Built190410Low
Lot Size3,679 sqft46Low
Neighbourhood Sales Activity32Low

Community Score

40.3Low
Household Income56Fair
Education Level10Low
Housing Stress63Fair
Core Housing Need25Low
Employment Health15Low

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110055

Community deep dive

$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

Population, labour & age

Population (2021)494
Labour force participation rate40%
Median age33.2
Avg household size2.6
Unemployment rate24%
Population density851 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households31%
Couple families with children10%
Median household income (2020)$50K

Housing

Renter households47%
Condominium dwellings0%
Median dwelling value (owners)$150K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority19%
Bachelor's or higher (25–64)9%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Tagalog · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
760 sqft
0255075100
Same streetBottom 14%Same areaBottom 15%CitywideBottom 7%
Same street · Flora Avenue
#180 / 209
Bottom 14% · Avg 1,120 sqft
Same area · Dufferin
#401 / 474
Bottom 15% · Avg 1,112 sqft
Citywide · Winnipeg
#181,130 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

below average
92k
0255075100
Same streetBottom 28%Same areaBottom 24%CitywideBottom 1%
Same street · Flora Avenue
#151 / 209
Bottom 28% · Avg 133.6k
Same area · Dufferin
#359 / 474
Bottom 24% · Avg 145.1k
Citywide · Winnipeg
#193,764 / 194,458
Bottom 1% · Avg 390.1k

Year Built

below average
1904
0255075100
Same streetBottom 19%Same areaBottom 17%CitywideBottom 1%

Lot Size

around average
3,679 sqft
0255075100
Same streetTop 49%Same areaBottom 47%CitywideBottom 21%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

508 Flora Avenue — 11 amenities found within 500 m, across 6 categories, including 2 dining (nearest 296 m), 3 education (nearest 184 m), 2 shopping (nearest 365 m).

Search radius
🍽️Dining2
🏫Education3
🛒Shopping2
🌳Parks1
Fuel Stations1
Worship2

Crime & Safety

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%

Sales History

Sold 4/2023CA$50k–100k
Sold price

Same street

Bottom 12%

Same area

Bottom 15%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 508 Flora Avenue, Winnipeg

Property Overview & Key Characteristics

This is a compact, one-storey home built in 1904 on a standard city lot in Winnipeg's Dufferin neighbourhood. Its primary appeal lies in its position as an entry-point property with a very low municipal assessed value, which suggests a potentially affordable price point and corresponding tax burden. The house itself, at 760 sqft with an unrenovated basement and no garage, is significantly smaller and older than most homes in the city, street, and area.

This property would suit a specific type of buyer: those seeking absolute minimal holding costs, investors looking for a basic rental property, or handy individuals viewing it as a blank-slate project. Its value is not in move-in-ready condition or size, but in the land and the opportunity it represents. A thoughtful perspective is that its below-average metrics across the board aren't necessarily drawbacks for the right buyer—they are the defining characteristics that make it accessible. It’s a property defined more by its potential and low baseline costs than by its current state.


Frequently Asked Questions

1. What does the assessed value tell me about the likely price?
The municipal assessed value is very low ($9,200), which typically indicates a lower market price and property tax bill compared to most homes. However, the sale price is ultimately set by the market. A nearby, similar home sold for $8,500 in 2023, which is a useful benchmark.

2. How much work might this property need?
Given its age (1904) and the note of an unrenovated basement, buyers should budget for ongoing maintenance and potential updates. It is likely a candidate for gradual modernization or a full renovation, depending on the buyer's goals.

3. Is the lot size a positive factor?
The land area is around average for the immediate street and area, which is a neutral-to-positive point. It provides standard outdoor space for a city home but is not an unusually large lot.

4. Who would this property not suit?
It would not suit buyers looking for a turn-key, spacious, or modern home. The limited living area, lack of garage, and older construction mean it's geared toward those comfortable with a project or who prioritize low cost above all else.

5. How does it compare to nearby homes?
The data shows it is smaller, older, and has a lower assessed value than most comparable homes on Flora Avenue and in the wider Dufferin area. This reinforces its position as a more basic, affordable option in the neighbourhood.

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