35.6
Below average
Property score
35.6
Below average
Overall 35.6
Newer than most nearby homes
896 sqft (top 44%)
Built in 1920 (13 yrs newer than avg)
Located in a average-income area
with median household income of ~50k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 2 schools, 1 park, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Above average
13 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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35.6 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
550 Dufferin Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 399 m), 2 education (nearest 397 m), 1 parks (nearest 418 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 | Top 17% | Top 9% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
550 Dufferin Avenue is a one-and-a-half storey home in Winnipeg's Dufferin Industrial area. Built in 1920, it offers 896 square feet of living space with an unrenovated basement and a detached garage on a 3,711 sqft lot. Its last recorded sale was in April 2017 for $19,200, and it currently holds an assessed value of $21,400.
Key Characteristics & Appeal
This property presents a specific value proposition centered on its land and location. Its primary appeal lies in its low assessed value, which is significantly above average for its immediate street and neighborhood, yet far below the citywide average. This suggests a niche where municipal valuation is minimal compared to most Winnipeg homes. The lot size is practical for the area, and the home itself is of a vintage common to the community.
It would suit a very particular type of buyer: an investor or hands-on owner looking for a foundational asset in an industrial-adjacent area, where the value is driven more by land utility and location potential than by the existing structure. It is not a move-in-ready home for a typical family, but could be a project for someone comfortable with renovations or a strategic holding in a working-class neighborhood. A less obvious perspective is that its consistently "above average" standing within its local context, despite modest absolute numbers, indicates it may be one of the more substantial properties on its block—a big fish in a small pond.
Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
Assessed values are based on market trends and property characteristics. This valuation reflects the property's specific location in the Dufferin Industrial area, its age, size, and condition relative to the broader Winnipeg market.
2. What does "above average" for assessed value on the street mean?
While the $21,400 assessment is low citywide, it ranks in the top 15% on Dufferin Avenue. This means it is assessed higher than most of its immediate neighbors, suggesting it is considered a relatively more valuable property within that specific local market.
3. Is the basement finished?
No, the basement is noted as being unrenovated.
4. How does the living space compare to nearby homes?
At 896 sqft, the living area is slightly above the average for the Dufferin Industrial neighborhood (885 sqft average) but below the average for homes on Dufferin Avenue itself (1,049 sqft average).
5. What is the significance of the 2017 sale price?
The $19,200 sale price from April 2017 provides historical context, showing the property's market value at that time. It is a data point for comparison with the current assessed value, but does not determine its present market price.
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