25.0
Below average
Property score
25.0
Below average
Overall 25.0
Smaller than most nearby homes
688 sqft (bottom 28%)
Built in 1908 (1 yr newer than avg)
Located in a average-income area
with median household income of ~50k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 3 schools, 1 shop, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 75%Tagalog · 7%
Past 10 years Dufferin Industrial sales snapshot (~80% of all data)
11
141k
$126/sqft
1907
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25.0 is composed by the two sections below.
Property Score
Community Score
Dufferin Industrial
How to read: Share of sales in each ~$50k price band for “dufferin industrial” (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
43 Powers Street — 8 amenities found within 500 m, across 6 categories, including 1 dining (nearest 404 m), 3 education (nearest 259 m), 1 shopping (nearest 358 m).
Dufferin Industrial · WPS public data · 2026
Annual incidents
8
2026
vs. city avg
-73%
relative to avg
Year-over-year
▼ -88%
vs. prior year
Primary type
Property
88%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 29% | Top 45% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 43 Powers Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-and-a-half storey home in Winnipeg's Dufferin Industrial area, built in 1908. With 688 square feet of living space and a 1,237 sqft lot, it is notably smaller than most homes in the city, ranking in the bottom 3% for land area. The home features a basement, but it is noted as not being renovated, and there is no garage or pool. Its most defining characteristic is its exceptionally low municipal assessed value of $10,100, which places it in the bottom 1% citywide. It last sold in July 2021 for $11,500.
The primary appeal lies in its position as one of the most affordable entry points into the Winnipeg housing market. It suits a very specific buyer: an investor looking for a low-cost rental property, a hands-on renovator seeking a minimal initial investment to build sweat equity, or someone with extremely modest space needs who prioritizes low property taxes above all else. A less obvious perspective is that its tiny lot and low value could make it a candidate for future land assembly or redevelopment in the evolving industrial-area context, though this is speculative.
Frequently Asked Questions
1. Why is the assessed value so low?
The assessed value is based on the property's market characteristics as determined by the city. The very small size of the home and lot, its age, and the condition (including an unrenovated basement) are the primary factors contributing to this valuation.
2. What does "not renovated" for the basement imply?
This typically means the basement retains its original or older finishes and systems. A buyer should expect it to be in utilitarian condition, likely suited for storage or laundry, and should budget for potential updates to moisture control, insulation, or flooring.
3. Who would this property be best for?
It is best suited for investors, very budget-conscious first-time buyers willing to live minimally and renovate over time, or buyers who see value in the potential of the location rather than the current structure.
4. How does the small lot size affect me?
It means minimal outdoor maintenance and very limited space for additions, gardening, or parking. Off-street parking would be a challenge to create. However, it also translates to lower municipal frontage fees and potentially quicker yard work.
5. The 2021 sale price was close to the assessed value. Is that normal?
For a unique property like this, it can be. In typical markets, sale prices often exceed assessed value. Here, the assessed value closely reflects the property's niche market position, where the ultra-low price is the main feature. It underscores the importance of a current market appraisal for financing or offering.
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