49.7
Below average
Property score
49.7
Below average
Overall 49.7
Smaller and older than most nearby homes
644 sqft (bottom 1%)
Built in 1953 (11 yrs older than avg)
Located in a high-income area
with median household income of ~100k
Transit 86.0
4-min walk to transit with 4 nearby routes
Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
53% smaller than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 85%Chinese · 1%
Past 10 years Kirkfield sales snapshot (~80% of all data)
249
320.5k
$335/sqft
1964
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49.7 is composed by the two sections below.
Property Score
Community Score
Kirkfield
How to read: Share of sales in each ~$50k price band for “kirkfield” (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: #46110325
$100K
Median household income
$101K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
28%
Single-person households
24%
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
418 Shelley Street — 8 amenities found within 500 m, across 6 categories, including 1 dining (nearest 483 m), 1 education (nearest 300 m), 1 healthcare (nearest 493 m).
Kirkfield · WPS public data · 2026
Annual incidents
8
2026
vs. city avg
-73%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
63%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 5% | Bottom 8% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This one-storey home at 418 Shelley Street in Winnipeg's Kirkfield neighbourhood is a compact, no-frills property built in 1953. Its primary appeal lies in its affordability and function as a straightforward entry point into homeownership. With a modest 644 sqft of living space, a renovated basement, and a detached garage on a standard 5,099 sqft lot, it represents one of the most accessible priced homes in its immediate area and across the city. The data clearly positions it in the bottom tier for size and assessed value compared to neighbours, but this translates to a very low financial barrier to entry.
It would suit a pragmatic first-time buyer, an investor looking for a rental property, or someone seeking a minimal footprint without a complex renovation project. Its value is in what it is: a functional, basic home. A less obvious perspective is that its below-average metrics in a stable neighbourhood could offer a cushion against market dips and present a clear opportunity for value-adding improvements, should future investment be possible. This isn't a luxury property; it's a practical foundation.
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's smaller size, age, and basic characteristics compared to the broader Winnipeg market. It is consistently ranked in the bottom 10-15% of homes in its immediate area for value, which is indicative of its position as an affordable, entry-level property.
2. What does "renovated basement" mean?
While the listing notes the basement is renovated, specifics on the finish quality, permits, or the nature of the renovation (e.g., cosmetic vs. structural) are not provided. This would be a key point for a home inspection to verify the workmanship and ensure it meets current standards.
3. Is this a good investment?
For an investor, the low entry cost and proven rental demand in established neighbourhoods like Kirkfield are positives. However, the very small living area may limit the rental demographic to single occupants or couples, and the older building will require a proactive maintenance budget.
4. How does the sold price history work?
The listed sold price (e.g., ~$20.5k-$23.5k in 7/2021) is an estimated range from public data. The exact sale price is available by request via email from the site, which they provide manually without using your email for marketing.
5. The home is much smaller than others on the street. What should I consider?
You are purchasing a significantly more compact home than most on the block. This ensures lower utility costs and property taxes, but also means living space is efficient. It's crucial to ensure the layout and storage meet your needs, as expanding the footprint may be challenging on the existing lot.
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