556 Cherrier Street

Dufresne, Winnipeg

Property score

76.5

Good

Overall 76.5 · Larger and newer than most nearby homes

2,314 sqft (top 3%) · Built in 2018 (83 yrs newer 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

Above average

124% larger than neighborhood avg.

Year Built

Above average

83 yrs newer 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

76.5 is composed by the two sections below.

Property Score

89.1Excellent
Living Area2,314 sqft96Excellent
Year Built201897Excellent
Lot Size4,691 sqft60Fair
Neighbourhood Sales Activity61Fair

Community Score

57.5Fair
Household Income68Good
Education Level22Low
Housing Stress52Fair
Core Housing Need63Fair
Employment Health76Good

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

Elite
2,314 sqft
0255075100
Same streetTop 3%Same areaTop 3%CitywideTop 5%
Same street · Cherrier Street
#1 / 34
Top 3% · Avg 1,081 sqft
Same area · Dufresne
#4 / 155
Top 3% · Avg 1,031 sqft
Citywide · Winnipeg
#9,210 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
564k
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 11%
Same street · Cherrier Street
#1 / 34
Top 3% · Avg 250.8k
Same area · Dufresne
#2 / 155
Top 1% · Avg 253k
Citywide · Winnipeg
#21,499 / 194,458
Top 11% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 4%

Lot Size

above average
4,691 sqft
0255075100
Same streetTop 12%Same areaTop 14%CitywideBottom 37%

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

556 Cherrier Street — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 299 m), 1 shopping (nearest 352 m), 2 parks (nearest 238 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 2/2019CA$450k–500k
Sold price

Same street

Top 14%

Same area

Top 6%

City-wide

Top 21%

Related homes

Highlights & common questions: 556 Cherrier Street, Winnipeg

Property Overview: 556 Cherrier Street, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 2018, stands out for its modern foundation in a mature neighbourhood. Its primary appeal lies in its significant size and contemporary age relative to its immediate surroundings. With over 2,300 square feet of living space, it ranks in the top 3% of homes on its street and in the Dufresne area, where the average comparable home is roughly half its size and decades older. This presents a unique value proposition: a like-new, spacious interior without the typical premium of a brand-new subdivision lot.

The property suits buyers seeking modern comforts and ample room, but who also appreciate established communities. It’s ideal for those who want to avoid the immediate maintenance or renovation projects often required with older homes. The detached garage and generous near-4,700 sqft lot offer practical space for vehicles, storage, and outdoor living. A thoughtful perspective for potential buyers is to consider the balance between the modern home and the character of the neighbourhood—it offers turn-key ease within a settled community, but the architectural style and lot size may differ from the area's older, sometimes more compact, streetscape.

Frequently Asked Questions

1. Why is the assessed value notably lower than the city-wide average for comparable homes?
The assessed value reflects its standing relative to older, smaller homes in the immediate Dufresne area and on Cherrier Street, where it is ranked elite. The city-wide average for "comparable homes" includes properties from many newer, higher-value subdivisions, which skews that average upward.

2. What does "basement yes, not renovated" mean?
This indicates the home has a basement, but it is unfinished. This provides valuable additional space for storage or utilities, and offers future potential for customization, but it is not a developed living area.

3. How does the 2018 build year impact potential costs?
As a relatively new home, major structural components like the roof, furnace, and windows are likely still under or just approaching their warranty periods, potentially reducing near-term capital repair budgets. It should also meet modern building codes for energy efficiency and safety.

4. Is the lot size typical?
At just under 4,700 sqft, the lot is above average for both Cherrier Street and Dufresne, providing good outdoor space. It is, however, smaller than the much larger average lot city-wide, which includes many suburban properties.

5. What is indicated by the sale history showing a sale in 2019?
The home was sold in February 2019, shortly after its construction. This suggests the current sale would be its first resale, meaning it has had only one owner-occupant since being built.

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