507 Greenacre Boulevard

Kirkfield, Winnipeg

Property score

38.3

Below average

Overall 38.3 · Smaller and older than most nearby homes

728 sqft (bottom 4%) · Built in 1920 (44 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

47% smaller than neighborhood avg.

Year Built

Below average

44 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

38.3 is composed by the two sections below.

Property Score

31.3Low
Living Area728 sqft22Low
Year Built192016Low
Lot Size5,945 sqft74Good
Neighbourhood Sales Activity77Good

Community Score

48.9Low
Household Income40Low
Education Level54Fair
Housing Stress63Fair
Core Housing Need76Good
Employment Health42Low

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

below average
728 sqft
0255075100
Same streetBottom 7%Same areaBottom 4%CitywideBottom 5%
Same street · Greenacre Boulevard
#51 / 55
Bottom 7% · Avg 1,078 sqft
Same area · Kirkfield
#710 / 738
Bottom 4% · Avg 1,362 sqft
Citywide · Winnipeg
#184,123 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

around average
305k
0255075100
Same streetBottom 42%Same areaBottom 23%CitywideBottom 31%
Same street · Greenacre Boulevard
#32 / 55
Bottom 42% · Avg 308.6k
Same area · Kirkfield
#566 / 738
Bottom 23% · Avg 392.2k
Citywide · Winnipeg
#134,804 / 194,458
Bottom 31% · Avg 390.1k

Year Built

below average
1920
0255075100
Same streetBottom 4%Same areaBottom 3%CitywideBottom 13%

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

507 Greenacre Boulevard — 19 amenities found within 500 m, across 7 categories, including 9 dining (nearest 163 m), 1 education (nearest 326 m), 1 healthcare (nearest 316 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 7/2020CA$250k–300k
Sold price

Same street

Bottom 24%

Same area

Bottom 22%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 507 Greenacre Boulevard, Winnipeg

Property Summary: 507 Greenacre Boulevard, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, well-situated bi-level home in Winnipeg's Kirkfield neighbourhood. Its key characteristic is its modest 728 sqft living area, which is notably smaller than most comparable homes in the immediate area, street, and city. This is balanced by a renovated basement, adding functional space, and a decent-sized lot of nearly 6,000 sqft with a detached garage. The home’s assessed value is around average for the street and city, suggesting it is viewed as a solid asset despite its smaller footprint.

The appeal lies in its efficiency and potential. It represents an affordable entry point into the market, particularly for those who value outdoor space and a garage over a large interior. The renovated basement effectively adds a second living level, making the home more practical than the main floor square footage alone would indicate. It would suit first-time buyers, downsizers, or practical investors looking for a lower-maintenance property without sacrificing yard space. A less obvious perspective is that its 1920 construction date, while making it one of the oldest on the street, may appeal to those who appreciate the character and solid build of an older home, provided they are prepared for the potential upkeep that comes with it.

Section 2: Frequently Asked Questions

1. Is the house actually too small?
While the living area is below average, the renovated basement significantly expands the usable space. It’s best suited for individuals, couples, or small families with efficient lifestyles.

2. Why is the assessed value relatively average if the house is smaller?
The assessment likely reflects the desirable lot size, the renovated basement, the detached garage, and the overall stability of the location, balancing out the smaller main living area.

3. What should I consider about a house built in 1920?
While offering charm, it’s important to investigate the age and condition of major systems (like plumbing, electrical, and the foundation) that may have been updated over time. The renovations to the basement are a positive sign of ongoing maintenance.

4. How does the lot size compare?
At just under 6,000 sqft, the lot is a strong feature. It’s larger than many city lots and provides ample private outdoor space, which is a valuable asset not fully captured by interior square footage.

5. What does the sold price history indicate?
The home sold in mid-2020 for a price range consistent with its assessed value. This suggests a stable, non-speculative market value for this type of efficient property in this location.

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