41.6
Below average
Property score
41.6
Below average
Overall 41.6
Smaller and older than most nearby homes
780 sqft (bottom 6%)
Built in 1956 (8 yrs older than avg)
Located in a average-income area
with median household income of ~52.8k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 9 dining spots, 1 school, 1 healthcare facility, and 3 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
43% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 81%French · 2%
Past 10 years Kirkfield sales snapshot (~80% of all data)
249
320.5k
$335/sqft
1964
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41.6 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: #46110332
$53K
Median household income
$62K
Average household income
15%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
58%
Single-person households
7%
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
516 Kirkfield Street — 25 amenities found within 500 m, across 10 categories, including 9 dining (nearest 198 m), 1 education (nearest 287 m), 1 healthcare (nearest 132 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 12% | Bottom 14% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 516 Kirkfield Street
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1956, featuring 780 square feet of living space and a detached garage. Its most defining characteristic is its exceptionally low assessed value, which is the lowest on its street and well below averages for both the Kirkfield neighbourhood and Winnipeg overall. The lot size is a moderate 5,745 square feet, offering decent outdoor space relative to the home's footprint.
The primary appeal lies in its position as a true entry-point property. It represents one of the most accessible homeownership opportunities in the city, suited for a very specific buyer. This home would ideally suit a minimalist, a hands-on first-time buyer with a tight budget, or an investor looking for a straightforward rental property. Its low operating costs and taxes are a significant advantage. A less obvious perspective is its potential as a "blank slate" for someone with renovation skills; the modest scale makes updates or a future expansion more financially manageable than with a larger home. However, it requires a buyer comfortable with a well-below-average living area and the trade-offs that come with a home of this vintage and size.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than other homes?
The assessed value reflects the home's smaller size (780 sq ft), age, and likely its condition and features relative to the market. It is consistently ranked in the lowest percentiles for value compared to homes on its street, in Kirkfield, and across Winnipeg.
2. Who would this property be best for?
It's best suited for a budget-conscious, first-time buyer ready for a modest starter home, an investor seeking a low-cost rental, or a buyer with renovation plans who values low initial cost and property taxes above move-in-ready condition.
3. How does the living space compare to typical homes?
The living area is significantly smaller than average. It ranks in the bottom 4% of homes on its street (55th out of 57) and is about 40% smaller than the typical Kirkfield home.
4. What is the land like, and could the property be expanded?
The lot is a reasonable 5,745 sq ft, which is slightly below average for the neighbourhood but fairly typical city-wide. The decent lot size, combined with the small existing structure, could allow for a future addition or redevelopment, subject to zoning and permit approvals.
5. Where can I find the exact historical sale price?
The listed sale price is a public data range. The exact sale price from the last transaction is available by request via email from the listing source, which provides the accurate figure manually without using your email for unsolicited marketing.
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