552 Cherrier Street

Dufresne, Winnipeg

Property score

34.9

Below average

Overall 34.9 · Smaller and older than most nearby homes

640 sqft (bottom 6%) · Built in 1910 (25 yrs older than avg)

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 shop, 2 parks, and 1 sports facility nearby

Living Area

Below average

38% smaller than neighborhood avg.

Year Built

Below average

25 yrs older than neighborhood avg.

Mother tongue

English · 73%French · 13%

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

Sold Count

52

Median price

255.5k

$/sqft

$197/sqft

Avg build year

1935

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Property score

34.9 is composed by the two sections below.

Property Score

19.8Low
Living Area15
640 sqftLow
Year Built10
1910Low
Lot Size38
3,422 sqftLow
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” (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: #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

below average
640 sqft
0255075100
Same streetBottom 1%Same areaBottom 6%CitywideBottom 2%
Same street · Cherrier Street
#34 / 34
Bottom 1% · Avg 1,081 sqft
Same area · Dufresne
#145 / 155
Bottom 6% · Avg 1,031 sqft
Citywide · Winnipeg
#191,451 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

below average
192k
0255075100
Same streetBottom 18%Same areaBottom 12%CitywideBottom 7%
Same street · Cherrier Street
#28 / 34
Bottom 18% · Avg 250.8k
Same area · Dufresne
#136 / 155
Bottom 12% · Avg 253k
Citywide · Winnipeg
#180,491 / 194,458
Bottom 7% · Avg 390.1k

Year Built

below average
1910
0255075100
Same streetBottom 15%Same areaBottom 12%CitywideBottom 6%

Lot Size

below average
3,422 sqft
0255075100
Same streetBottom 15%Same areaBottom 17%CitywideBottom 18%

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

552 Cherrier Street — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 308 m), 1 shopping (nearest 360 m), 2 parks (nearest 234 m).

Search radius
🍽️Dining1
🛒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 10/2020CA$150k–200k
Sold price

Same street

Bottom 7%

Same area

Bottom 4%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 552 Cherrier Street, Winnipeg

Property Overview

552 Cherrier Street is a compact, one-storey home in Winnipeg's Dufresne neighbourhood. Built in 1910, it features 640 square feet of living space, an unrenovated basement, and sits on a 3,422 sqft lot. It has no garage or pool. The home's most defining characteristic is its exceptionally low municipal assessed value of $19,200, which is well below averages for the street, area, and city. It last sold in October 2020 for $15,800.

Key Characteristics & Appeal

This property’s primary appeal lies in its position as one of the most affordable entry points into homeownership in Winnipeg. Its assessed value and recent sale price are in the bottom tier citywide. The appeal is not in its size or condition—it is the smallest on its street and requires updates—but in its potential as a foundational asset. It suits a very specific buyer: someone with a tight budget, a hands-on DIY skillset, and a vision for incremental improvement. It could also serve as a strategic, low-cost holding property for an investor with renovation experience, given the lot size provides future flexibility uncommon at this price point. The low carrying costs free up capital for repairs and modernization. It’s a project for a pragmatic buyer who sees value in the land and structure, not a turn-key home.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
The assessed value reflects the home's small size, age, and likely its current condition without recent major renovations. It is assessed based on its state as a modest, older property.

2. What does "basement, not renovated" typically imply?
This usually indicates a foundational, usable space that remains in a basic or original state. Buyers should anticipate needing to evaluate and potentially invest in updates for moisture control, insulation, electrical systems, or finishing to make it a comfortable living or storage area.

3. Who would this property be most suitable for?
It is best suited for a first-time buyer or investor with a limited budget and significant renovation skills. The low entry cost allows resources to be directed toward improvements, making it a long-term project rather than an immediate move-in-ready home.

4. How does the lot size compare, and why does it matter?
At 3,422 sqft, the lot is smaller than area averages but is a key asset. For a small home, it provides valuable outdoor space and, in the long term, could offer potential for expansion or landscaping projects that add utility and value.

5. The home last sold in 2020. What should I consider given this?
A sale four years ago at a price close to the current assessment suggests a stable, low-value property. It’s important to research what, if any, work has been done since that sale and to understand current market conditions for similar fixer-upper homes in the area.