503 Greenacre Boulevard

Kirkfield, Winnipeg

Property score

50.8

Fair

Overall 50.8 · Smaller and older than most nearby homes

1,018 sqft (bottom 21%) · Built in 1948 (16 yrs older than avg)

Located in a below-average income area with median household income of ~41.6k

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 9 dining spots, 1 school, 1 healthcare facility, and 5 parks nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Below average

16 yrs older than neighborhood avg.

Mother tongue

English · 78%French · 3%

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

Sold Count

249

Median price

320.5k

$/sqft

$335/sqft

Avg build year

1964

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Property score

50.8 is composed by the two sections below.

Property Score

52.1Fair
Living Area52
1,018 sqftFair
Year Built30
1948Low
Lot Size74
5,945 sqftGood
Neighbourhood Sales Activity77
Good

Community Score

48.9Low
Household Income40
Low
Education Level54
Fair
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health42
Low

Neighbourhood Sales

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.

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: #46110328

Community deep dive

$42K

Median household income

$62K

Average household income

29%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.8

P90 / P10 ratio

53%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)486
Labour force participation rate51%
Median age55.6
Avg household size1.8
Unemployment rate11%
Population density3037 / km²

Households & income

Low income (LIM-AT, % pop.)29%
Single-person households53%
Couple families with children14%
Median household income (2020)$42K

Housing

Renter households49%
Condominium dwellings0%
Median dwelling value (owners)$302K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority8%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 78%
Mother tongue (2nd)French · 3%

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

Rankings

Living Area

around average
1,018 sqft
0255075100
Same streetBottom 44%Same areaBottom 21%CitywideBottom 28%
Same street · Greenacre Boulevard
#31 / 55
Bottom 44% · Avg 1,078 sqft
Same area · Kirkfield
#583 / 738
Bottom 21% · Avg 1,362 sqft
Citywide · Winnipeg
#140,191 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

below average
275k
0255075100
Same streetBottom 24%Same areaBottom 13%CitywideBottom 23%
Same street · Greenacre Boulevard
#42 / 55
Bottom 24% · Avg 308.6k
Same area · Kirkfield
#639 / 738
Bottom 13% · Avg 392.2k
Citywide · Winnipeg
#149,786 / 194,458
Bottom 23% · Avg 390.1k

Year Built

below average
1948
0255075100
Same streetBottom 15%Same areaBottom 9%CitywideBottom 26%

Lot Size

around average
5,945 sqft
0255075100
Same streetBottom 18%Same areaBottom 22%CitywideTop 34%

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

503 Greenacre Boulevard — 19 amenities found within 500 m, across 7 categories, including 9 dining (nearest 177 m), 1 education (nearest 321 m), 1 healthcare (nearest 320 m).

Search radius
🍽️Dining9
🏫Education1
🏥Healthcare1
🌳Parks5
🏦Finance1
Fuel Stations1
🏛️Government1

Crime & Safety

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%

Sales History

Sold 9/2019CA$250k–300k
Sold price

Same street

Bottom 16%

Same area

Bottom 19%

City-wide

Bottom 27%

Related homes

Highlights & common questions: 503 Greenacre Boulevard, Winnipeg

Property Overview: 503 Greenacre Boulevard, Winnipeg

Key Characteristics & Appeal

This is a classic one-and-a-half storey home in Winnipeg's Kirkfield neighbourhood, built in 1948. With 1,018 square feet of living space, it sits on a generous, nearly 6,000 sqft lot and includes a detached garage. The basement is noted as unrenovated. The data presents a home that is modest in both size and assessed value compared to its immediate street and area, yet it offers a solid footprint and a lot size that is closer to the city-wide average.

Its primary appeal lies in its potential and position as an entry point into the market. For buyers comfortable with a home that may require updates—particularly the basement—it represents a canvas to add value. The lot size is a significant asset, offering ample outdoor space for gardening, play, or expansion relative to many city properties. It would suit a first-time homebuyer, a hands-on investor looking for a "value-add" opportunity, or someone seeking a manageable home with room to grow outdoors rather than indoors. A less obvious perspective is that its below-average metrics for the area might translate into a relatively lower property tax burden, while still providing access to the established Kirkfield community.


Frequently Asked Questions

1. What does "below average" for assessed value in the area mean for me?
It indicates the city's assessed value for this property is lower than most homes in Kirkfield. This can suggest a more affordable entry point into the neighbourhood, but it's essential to determine if this reflects market conditions, the home's condition, or a combination of both.

2. Is the unrenovated basement finished?
The listing specifies it is "not renovated." This typically means the basement is in original or utilitarian condition, likely lacking finished living spaces. Buyers should budget for potential updates and include an inspection to assess its foundation and systems.

3. How does the lot size compare practically?
At 5,945 sqft, the lot is larger than over 65% of properties city-wide. This is a standout feature, offering more private outdoor space than many modern lots, which is valuable for families, pets, or anyone prioritizing a garden or yard.

4. The home is older than most on the street. Should I be concerned?
A 1948 build requires a diligent home inspection. While it may need updates to wiring, plumbing, or insulation, well-maintained homes of this era often feature solid construction and character. Its age contributes to its lower comparative assessment.

5. Why is the exact sold price history not publicly listed?
The seller provides a sold price range based on public data. To receive the precise historical sale figure, you must request it via email from the listing service. This is a manual process they use to verify serious inquiries.