54 Hollyburn Road

Heritage Park, Winnipeg

Property score

53.8

Fair

Overall 53.8 · Smaller but newer than most nearby homes

720 sqft (bottom 2%) · Built in 1996 (25 yrs newer than avg)

Located in a above-average income area with median household income of ~75k

Transit 64.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 schools, 1 park, and 6 sports facilitys nearby

Living Area

Below average

45% smaller than neighborhood avg.

Year Built

Above average

25 yrs newer than neighborhood avg.

Mother tongue

English · 87%French · 3%

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

Sold Count

295

Median price

501.3k

$/sqft

$272/sqft

Avg build year

1971

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Property score

53.8 is composed by the two sections below.

Property Score

42.2Low
Living Area22
720 sqftLow
Year Built84
1996Excellent
Lot Size53
4,108 sqftFair
Neighbourhood Sales Activity85
Excellent

Community Score

71.3Good
Household Income75
Good
Education Level54
Fair
Housing Stress74
Good
Core Housing Need88
Excellent
Employment Health68
Good

Neighbourhood Sales

Heritage Park

How to read: Share of sales in each ~$50k price band for “heritage park” (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: #46110300

Community deep dive

$75K

Median household income

$96K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

31%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)601
Labour force participation rate70%
Median age38.4
Avg household size2.1
Unemployment rate14%
Population density3163 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households31%
Couple families with children15%
Median household income (2020)$75K

Housing

Renter households32%
Condominium dwellings55%
Median dwelling value (owners)$220K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority20%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

below average
720 sqft
0255075100
Same streetBottom 24%Same areaBottom 2%CitywideBottom 5%
Same street · Hollyburn Road
#22 / 29
Bottom 24% · Avg 944 sqft
Same area · Heritage Park
#851 / 865
Bottom 2% · Avg 1,319 sqft
Citywide · Winnipeg
#184,672 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

below average
281k
0255075100
Same streetBottom 10%Same areaBottom 7%CitywideBottom 24%
Same street · Hollyburn Road
#26 / 29
Bottom 10% · Avg 322.9k
Same area · Heritage Park
#807 / 865
Bottom 7% · Avg 370.6k
Citywide · Winnipeg
#147,081 / 194,458
Bottom 24% · Avg 390.1k

Year Built

Elite
1996
0255075100
Same streetTop 7%Same areaTop 1%CitywideTop 19%

Lot Size

around average
4,108 sqft
0255075100
Same streetTop 45%Same areaBottom 6%CitywideBottom 28%

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

54 Hollyburn Road — 9 amenities found within 500 m, across 3 categories, including 2 education (nearest 444 m), 1 parks (nearest 337 m).

Search radius
🏫Education2
🌳Parks1
💪Sports6

Crime & Safety

Heritage Park · WPS public data · 2026

Annual incidents

21

2026

vs. city avg

-29%

relative to avg

Year-over-year

-88%

vs. prior year

Primary type

Property

43%

Sales History

Sold 5/2019CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 6%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 54 Hollyburn Road, Winnipeg

Property Overview

This 720 sqft bi-level home at 54 Hollyburn Road in Winnipeg's Heritage Park neighborhood presents a specific and practical opportunity. Built in 1996, it is notably newer than most homes in the area, which typically date to the 1970s. Its key characteristics include a renovated basement and a modest, manageable lot of just over 4,000 sqft. The home's living space and assessed value are below averages for both the immediate street and the wider city, positioning it as an accessible entry point.

The appeal lies in its relative modernity within an older-established neighborhood, potentially requiring fewer immediate updates than its peers. It suits first-time buyers or downsizers seeking a low-maintenance footprint without the premium for a new build. A thoughtful perspective is that its below-average metrics are not necessarily drawbacks but define its niche: it offers a chance to live in a mature community like Heritage Park at a typically lower threshold for both price and upkeep, ideal for those prioritizing financial efficiency and a simpler lifestyle.

Frequently Asked Questions

1. Is this a small house?
Yes. At 720 sqft of living area, it is smaller than most homes on the street, in Heritage Park, and across Winnipeg. This makes it a compact, efficient living space.

2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's smaller size and the specific market values in its local area. It's important to note that the city-wide average includes all property types and sizes; this home's assessment is in line with comparable, smaller properties.

3. What does it mean that the home is "newer" than most in the area?
Built in 1996, this home is approximately 25 years newer than the average home in Heritage Park. This can be an advantage, potentially meaning newer major components (like roofing, windows, or plumbing) and less immediate need for the major renovations older homes often require.

4. Is the lot size a limitation?
The 4,108 sqft lot is around average for Hollyburn Road but smaller than typical lots in Heritage Park and Winnipeg. This means less yard maintenance, which some buyers may prefer, but less private outdoor space than other homes in the broader area might offer.

5. How can I find out the exact historical sale price?
The exact sold prices are not publicly displayed in detail. You can request the precise history by emailing via the provided button on the listing page; the service commits to providing the accurate data without using your email for unsolicited marketing.