4-524 Cherrier Street

Dufresne, Winnipeg

Property score

62.6

Fair

Overall 62.6 · Larger and newer than most nearby homes

1,048 sqft (top 25%) · Built in 2018

Located in a above-average income area with median household income of ~65.5k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 shop, 2 parks, and 1 sports facility nearby

Living Area

Above average

0% larger than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 73%French · 13%

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

Sold Count

4

Median price

310k

$/sqft

$296/sqft

Avg build year

2018

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Property score

62.6 is composed by the two sections below.

Property Score

66.0Good
Living Area52
1,048 sqftFair
Year Built97
2018Excellent
Neighbourhood Sales Activity61
Fair

Community Score

57.5Fair
Household Income68
Good
Education Level22
Low
Housing Stress52
Fair
Core Housing Need63
Fair
Employment Health76
Good

Neighbourhood Sales

Dufresne

How to read: Share of sales in each ~$50k price band for “dufresne” (Condos, 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: #46110814

Community deep dive

$66K

Median household income

$62K

Average household income

15%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

41%

Single-person households

17%

Families with children

Population, labour & age

Population (2021)318
Labour force participation rate80%
Median age35.2
Avg household size2.2
Unemployment rate16%
Population density2446 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households41%
Couple families with children17%
Median household income (2020)$66K

Housing

Renter households33%
Condominium dwellings0%
Median dwelling value (owners)$226K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority5%
Bachelor's or higher (25–64)11%
Mother tongue (1st)English · 73%
Mother tongue (2nd)French · 12%

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

Rankings

Living Area

above average
1,048 sqft
0255075100
Same streetTop 25%Same areaTop 25%CitywideTop 44%
Same street · Cherrier Street
#1 / 4
Top 25% · Avg 1,048 sqft
Same area · Dufresne
#1 / 4
Top 25% · Avg 1,048 sqft
Citywide · Winnipeg
#11,691 / 26,841
Top 44% · Avg 1,042 sqft

Tax-Assessed Value

around average
277k
0255075100
Same streetTop 50%Same areaTop 50%CitywideTop 35%
Same street · Cherrier Street
#2 / 4
Top 50% · Avg 277.3k
Same area · Dufresne
#2 / 4
Top 50% · Avg 277.3k
Citywide · Winnipeg
#9,430 / 26,841
Top 35% · Avg 256.1k

Year Built

above average
2018
0255075100
Same streetTop 25%Same areaTop 25%CitywideTop 8%

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

4-524 Cherrier Street — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 378 m), 1 shopping (nearest 424 m), 2 parks (nearest 206 m).

Search radius
🍽️Dining2
🛒Shopping1
🌳Parks2
💪Sports1
Worship2

Crime & Safety

Dufresne · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 1/2019CA$200k–250k
Sold price

Same street

Bottom 25%

Same area

Bottom 25%

City-wide

Top 44%

Related homes

Highlights & common questions: 4-524 Cherrier Street, Winnipeg

Property Overview

This is a 1,048 sqft condo unit at 4-524 Cherrier Street in Winnipeg's Dufresne neighbourhood. Built in 2018, it is a relatively modern property with a basement (not renovated). Its key appeal lies in its balance of space, age, and value. The living area is notably above average for its immediate area, ranking in the top 25% of comparable homes on its street. While its assessed value is around the median locally, the modern build year (top 8% city-wide) means major components like roofing, windows, and mechanical systems are likely in good condition, offering a practical advantage over older stock. The property last sold in January 2019 for $250,000.

It would suit a first-time buyer or downsizer seeking a low-maintenance, modern home without sacrificing square footage. It’s also a sensible fit for a value-conscious buyer who prioritizes the functional benefits of a newer build (potential for lower repair costs) over a fully renovated or high-end finish.

Key Questions for Consideration

1. What are the monthly condo fees, and what do they cover?
This is the most critical financial question for any condo purchase, as fees impact affordability and cover shared expenses like building insurance, grounds maintenance, and reserve fund contributions.

2. Is the basement developed, and what is its condition/access?
The listing notes a basement that is "not renovated." Understanding its current state—whether it's unfinished storage, a rough-in for future living space, or requires remediation—is key to evaluating the home's utility and potential.

3. How does the 2019 sale price relate to current value?
The last sale at $250,000 provides a historical benchmark. Understanding current market conditions and recent comparable sales in Dufresne will be essential to determining a fair present-day offer price.

4. What is the makeup of the condo corporation's reserve fund?
For a building from 2018, the reserve fund should be relatively young but growing. A healthy fund is a sign of good long-term management and can prevent special assessments for major repairs.

5. What is the parking situation?
The details do not specify parking. Clarifying whether the unit includes a dedicated garage, surface spot, or relies on street parking is important for daily convenience and resale value.