Property score
55.1
Fair
Overall 55.1 · Larger than most nearby homes
1,228 sqft (top 22%) · Built in 1931 (4 yrs older than avg)
Located in a average-income area with median household income of ~59.6k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 1 shop, 2 parks, and 1 sports facility nearby
Living Area
Above average
19% larger than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 61%French · 18%
Past 10 years Dufresne sales snapshot (~80% of all data)
52
255.5k
$197/sqft
1935
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55.1 is composed by the two sections below.
Property Score
Community Score
Dufresne
How to read: Share of sales in each ~$50k price band for “dufresne” (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: #46110813
$60K
Median household income
$74K
Average household income
16%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
47%
Single-person households
12%
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 Cherrier Street — 11 amenities found within 500 m, across 5 categories, including 5 dining (nearest 410 m), 1 shopping (nearest 478 m), 2 parks (nearest 214 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 7% | Top 4% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 506 Cherrier Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1931, presents a classic character property with practical advantages. Its key appeal lies in a combination of above-average interior space for its immediate area and a notably strong assessed value relative to its neighborhood, suggesting good municipal valuation fundamentals. With 1,228 sqft of living space, it offers more room than many comparable homes on its street and in the Dufresne area.
The home’s primary strengths are its interior footprint and value positioning, rather than its lot size, which is compact. This creates a specific dynamic: it’s a house for those who prioritize living space and perceived value over expansive outdoor private space. It would suit a first-time buyer looking for a character home with room to grow, or a value-focused investor attracted by its solid assessment metrics and recent sale data. The unrenovated basement presents a clear project or storage opportunity, allowing the next owner to tailor the space to their needs. A thoughtful perspective is that this property represents the efficient use of a smaller lot—a trade-off that keeps it accessible while delivering on interior volume, a sensible option in an urban setting.
Section 2: Frequently Asked Questions
1. Is the lot size a significant drawback?
While the land area is smaller than most in the city and area, it translates to less yard maintenance. The appeal here is focused on the interior living space and value.
2. What does the "above average" assessed value mean for me?
It indicates the municipal assessment is strong compared to direct neighbors, which is a positive foundational metric for the property’s value, though market conditions ultimately determine sale price.
3. Who is this house not well-suited for?
It would not suit buyers seeking a large private yard, a modern build, or a home with a finished basement ready for immediate use.
4. The home sold recently in December 2024. What can be inferred?
The recent sale provides a clear, current market price benchmark ($480,000), offering transparency that older listings lack.
5. Are homes from 1931 expensive to maintain?
Like any character home nearly a century old, it requires a mindful maintenance approach. Potential buyers should budget for updates to older systems and plan for the energy efficiency typical of its era.
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