506 Beresford Avenue

Lord Roberts, Winnipeg

Property score

65.7

Good

Overall 65.7 · Newer than most nearby homes

998 sqft (bottom 47%) · Built in 2019 (86 yrs newer than avg)

Located in a high-income area with median household income of ~91k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 11 dining spots, 1 school, 3 healthcare facilitys, and 2 shops nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Above average

86 yrs newer than neighborhood avg.

Mother tongue

English · 82%French · 3%

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

Sold Count

770

Median price

290k

$/sqft

$288/sqft

Avg build year

1933

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Property score

65.7 is composed by the two sections below.

Property Score

54.3Fair
Living Area42
998 sqftLow
Year Built97
2019Excellent
Lot Size38
3,124 sqftLow
Neighbourhood Sales Activity80
Good

Community Score

82.8Excellent
Household Income81
Excellent
Education Level72
Good
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health96
Excellent

Neighbourhood Sales

Lord Roberts

How to read: Share of sales in each ~$50k price band for “lord roberts” (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: #46110461

Community deep dive

$91K

Median household income

$75K

Average household income

14%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

31%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)347
Labour force participation rate76%
Median age35.2
Avg household size2.4
Unemployment rate0%
Population density3855 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households31%
Couple families with children20%
Median household income (2020)$91K

Housing

Renter households23%
Condominium dwellings0%
Median dwelling value (owners)$310K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority14%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
998 sqft
0255075100
Same streetBottom 39%Same areaBottom 47%CitywideBottom 26%
Same street · Beresford Avenue
#97 / 158
Bottom 39% · Avg 1,177 sqft
Same area · Lord Roberts
#973 / 1,828
Bottom 47% · Avg 1,071 sqft
Citywide · Winnipeg
#144,284 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

Elite
489k
0255075100
Same streetTop 6%Same areaTop 5%CitywideTop 22%
Same street · Beresford Avenue
#10 / 158
Top 6% · Avg 307.6k
Same area · Lord Roberts
#85 / 1,828
Top 5% · Avg 286.7k
Citywide · Winnipeg
#41,968 / 194,458
Top 22% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 5%Same areaTop 2%CitywideTop 4%

Lot Size

around average
3,124 sqft
0255075100
Same streetBottom 22%Same areaTop 47%CitywideBottom 14%

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

506 Beresford Avenue — 26 amenities found within 500 m, across 8 categories, including 11 dining (nearest 175 m), 1 education (nearest 346 m), 3 healthcare (nearest 218 m).

Search radius
🍽️Dining11
🏫Education1
🏥Healthcare3
🛒Shopping2
🌳Parks2
💪Sports2
Fuel Stations1
Worship4

Crime & Safety

Lord Roberts · WPS public data · 2026

Annual incidents

42

2026

vs. city avg

+42%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

74%

Sales History

Sold 4/2021CA$450k–500k
Sold price

Same street

Top 5%

Same area

Top 4%

City-wide

Top 21%
Sold 10/2019CA$400k–450k
Sold price

Same street

Top 11%

Same area

Top 5%

City-wide

Top 26%

Related homes

Highlights & common questions: 506 Beresford Avenue, Winnipeg

Property Overview

This 2019-built bi-level at 506 Beresford Avenue offers a modern, low-maintenance footprint in the established Lord Roberts neighbourhood. Its primary appeal lies in being a newer construction (top 4% in Winnipeg for age) on a good-sized lot (top 14% in Winnipeg for land area), a rare combination in the area. The home features a renovated basement and nearly 1,000 sq ft of living space. It suits first-time buyers seeking a move-in-ready, modern home without a major renovation project, or downsizers who want a manageable layout but still value a generous private yard. A thoughtful perspective is that this property represents a "best of both worlds" scenario: it provides the contemporary build quality and systems of a new home while being rooted in a mature, tree-lined community with character, avoiding the sometimes-temporary feel of a brand-new subdivision.

Frequently Asked Questions

1. Is this a good investment for the area?
The sales history shows significant value growth from its 2019 sale at $433,000 to $460,000 in 2021. Its assessed value remains notably lower than those sale prices, which is common for newer builds as assessments catch up to market value. Being a newer home in an older neighbourhood often positions it well for long-term appreciation.

2. What are the pros and cons of a bi-level design?
Pros include a clear separation of living and sleeping areas, often with walk-out basement potential, and an efficient, compact layout. The main con is that the entryway is typically a half-flight of stairs up to the main living area and down to the lower level, which may not suit those with significant mobility concerns.

3. How does the lack of a garage affect usability?
While there is no garage, the large lot (over 3,100 sq ft) provides ample space for adding a detached garage or a substantial parking pad, subject to city bylaws. The lot size is a key asset here, offering flexibility that many newer infill properties on smaller lots do not.

4. What is the Lord Roberts neighbourhood like?
Lord Roberts is a central, mature neighbourhood near the Osborne Village and Corydon Avenue areas, known for its classic character homes, tree-lined streets, and convenient location. This property offers a modern alternative within that established setting.

5. Why is the assessed value so much lower than the last sale price?
Municipal assessments for tax purposes often lag behind rapid market appreciation, especially for a newer home that has gained significant value in a short time. The assessed value should not be interpreted as the current market value; the recent sales history is a more relevant indicator.