706 Henderson Highway

Kildonan Drive, Winnipeg

Property score

55.9

Fair

Overall 55.9 · Smaller and older than most nearby homes

1,066 sqft (bottom 29%) · Built in 1923 (28 yrs older than avg)

Located in a above-average income area with median household income of ~74k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Below average

28 yrs older than neighborhood avg.

Mother tongue

English · 78%Punjabi · 2%

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

Sold Count

457

Median price

417.5k

$/sqft

$391/sqft

Avg build year

1951

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Property score

55.9 is composed by the two sections below.

Property Score

46.5Low
Living Area1,066 sqft52Fair
Year Built192320Low
Lot Size5,399 sqft67Good
Neighbourhood Sales Activity26Low

Community Score

69.9Good
Household Income74Good
Education Level82Excellent
Housing Stress42Low
Core Housing Need63Fair
Employment Health60Fair

Neighbourhood Sales

Kildonan Drive

How to read: Share of sales in each ~$50k price band for “kildonan drive” (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: #46110707

Community deep dive

$74K

Median household income

$99K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

43%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)830
Labour force participation rate54%
Median age51.6
Avg household size2.1
Unemployment rate2%
Population density2243 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households43%
Couple families with children20%
Median household income (2020)$74K

Housing

Renter households50%
Condominium dwellings0%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority9%
Bachelor's or higher (25–64)42%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Punjabi · 1%

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

Rankings

Living Area

around average
1,066 sqft
0255075100
Same streetBottom 43%Same areaBottom 29%CitywideBottom 35%
Same street · Henderson Highway
#92 / 160
Bottom 43% · Avg 1,286 sqft
Same area · Kildonan Drive
#1,063 / 1,490
Bottom 29% · Avg 1,364 sqft
Citywide · Winnipeg
#125,878 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
286k
0255075100
Same streetBottom 47%Same areaBottom 8%CitywideBottom 26%
Same street · Henderson Highway
#85 / 160
Bottom 47% · Avg 335.6k
Same area · Kildonan Drive
#1,372 / 1,490
Bottom 8% · Avg 386.5k
Citywide · Winnipeg
#144,843 / 194,458
Bottom 26% · Avg 390.1k

Year Built

below average
1923
0255075100
Same streetBottom 6%Same areaBottom 9%CitywideBottom 14%

Lot Size

around average
5,399 sqft
0255075100
Same streetBottom 47%Same areaBottom 36%CitywideTop 46%

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

706 Henderson Highway — 8 amenities found within 500 m, across 6 categories, including 1 dining (nearest 111 m), 1 healthcare (nearest 300 m), 1 shopping (nearest 213 m).

Search radius
🍽️Dining1
🏥Healthcare1
🛒Shopping1
🌳Parks2
🏦Finance2
Worship1

Crime & Safety

Kildonan Drive · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-98%

vs. prior year

Primary type

Property

50%

Sales History

Sold 8/2023CA$300k–350k
Sold price

Same street

Top 32%

Same area

Bottom 33%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 706 Henderson Highway, Winnipeg

Property Overview: 706 Henderson Highway

Key Characteristics & Appeal

This is a classic one-storey home built in 1923, situated on a standard-sized lot just over 5,000 sqft. With 1,066 sqft of living space and a renovated basement, it offers a practical layout. A detached garage provides additional storage or parking. Its assessed value is notably lower than many area averages, which is a defining characteristic.

The appeal lies in its position as a straightforward, lower-value entry point into the established Kildonan Drive neighborhood. It suits a specific buyer: someone seeking affordability and simplicity over modern size or finishes. This could be a first-time homebuyer, an investor, or someone looking to downsize with a manageable property. The renovated basement adds functional living space, a key update for a home of this age. A less obvious perspective is that its lower assessment, combined with its age, may present a clear-value renovation or expansion project for a buyer willing to invest sweat equity, with the potential to significantly increase the home’s value relative to the initial purchase price.

Frequently Asked Questions

1. What does the assessed value tell me about this property?
The assessed value is significantly below the average for both the local area and the city. This typically indicates a more affordable entry price but can also reflect the home’s age, size, and condition relative to newer or renovated properties nearby.

2. How does the home’s age affect things?
Built in 1923, the home is among the older in the area. Buyers should budget for potential updates to older mechanical systems (like plumbing or wiring) and ensure a thorough inspection. However, this age also often comes with character and established, mature landscaping.

3. Is the lot size a pro or a con?
At just over 5,000 sqft, the lot is around the citywide average. It provides a decent backyard space without being overly large to maintain. It’s not an expansive lot, but it is proportionate to the size of the home.

4. The home last sold in August 2023. What does that mean?
A recent sale suggests the current market price is well-established. For a buyer, it provides a very recent and relevant price comparison, but it also means any potential equity gain from market appreciation may be limited in the short term.

5. What’s it like living on Henderson Highway?
As a major arterial road, expect consistent traffic noise. The trade-off is excellent direct access to transit and city amenities. Convenience is a key factor here over quiet, secluded living.

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