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 1958 (6 yrs older than avg)
Located in a average-income area
with median household income of ~52.8k
Transit 86.0
2-min walk to transit with 4 nearby routes
Within 500m: 10 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
6 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
525 Shelley Street — 27 amenities found within 500 m, across 10 categories, including 10 dining (nearest 130 m), 1 education (nearest 359 m), 1 healthcare (nearest 87 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 25% | Bottom 20% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 525 Shelley Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1958 on a standard-sized lot in Winnipeg's Kirkfield neighborhood. Its key characteristic is its affordability, underscored by a living area of 780 sqft, which is notably compact compared to most area homes. The appeal lies squarely in its position as an entry-point property. With a very low assessed value, it represents one of the most accessible homeownership opportunities in the city. It suits first-time buyers or investors seeking a straightforward, low-cost asset. The lot size is average for the immediate street, offering potential for outdoor space or future expansion, which is a thoughtful counterpoint to the home's smaller footprint. This property is for those prioritizing financial entry into the market over move-in size, viewing the home itself as a foundation rather than a finished product.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the home's smaller size, age, and specific market position in its neighborhood. It is consistently ranked in the lower tier for value among comparable properties on its street, in Kirkfield, and across Winnipeg.
2. What are the main compromises due to the smaller living area?
With 780 sqft, the floor plan will be compact. There is no basement for additional storage or living space, and the home lacks a garage. Buyers should be prepared for efficient use of space and minimal room for accumulation.
3. Is the land large enough to consider an addition or rebuild?
The lot is approximately 5,744 sqft, which is average for Shelley Street. While not exceptionally large, this does provide a standard urban canvas, making future expansion or redevelopment a realistic long-term consideration, subject to local zoning.
4. How does the recent sale history inform the current price?
The home sold in June 2021 for an estimated range of $24.5k to $27.5k, which aligns closely with its current assessed value of $26.10k. This suggests a stable, low-value market for the property in recent years.
5. Who would this property not suit?
It would not suit buyers who need multiple bedrooms, dedicated workspace, significant storage, or who are not interested in a potential renovation or expansion project down the line. It is not a "forever home" for a growing family without substantial modification.
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