Property score
44.1
Below average
Overall 44.1 · Smaller than most nearby homes
720 sqft (bottom 13%) · Built in 1911 (22 yrs older than avg)
Located in a above-average income area with median household income of ~73.5k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 15 dining spots, 2 schools, 3 healthcare facilitys, and 2 shops nearby
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Below average
22 yrs older than neighborhood avg.
Mother tongue
English · 82%French · 3%
Past 10 years Lord Roberts sales snapshot (~80% of all data)
770
290k
$288/sqft
1933
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44.1 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110460
$74K
Median household income
$86K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
34%
Single-person households
20%
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
506 Walker Avenue — 33 amenities found within 500 m, across 8 categories, including 15 dining (nearest 150 m), 2 education (nearest 172 m), 3 healthcare (nearest 105 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 34% | Bottom 26% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Section 1: Property Overview
506 Walker Avenue is a compact, century-old home in Winnipeg's Lord Roberts neighbourhood. Its key characteristic is its modest 720 sqft living area, which is smaller than most homes on its street and in the wider city. Built in 1911, it sits on a standard city lot of just over 2,200 sqft. The home’s assessed value is notably lower than the city average, positioning it as an accessible entry point into the market.
The appeal lies in its location and practicality. It suits first-time buyers or investors looking for a lower-cost foothold in a central, established neighbourhood. The lot size offers potential for future expansion or garden space, which is a valuable asset in an older area. A thoughtful perspective is that this property represents a "value-over-size" proposition; you're purchasing location and land, with the home itself being a project or a cozy, efficient space to build equity from.
Section 2: Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. The assessed value is around average for Walker Avenue itself, indicating it fits the local context. It primarily reflects the home's smaller size and age compared to the broader city, which can mean a more affordable property tax bill.
2. What does the living area ranking mean for daily life?
Ranking in the top 74% on its street for living area means over a quarter of homes on Walker Avenue are smaller. However, at 720 sqft, it is significantly cozier than the area average. It would suit a single person, a couple, or someone comfortable with efficient, minimalist living.
3. How does the 1911 build year affect the property?
Built in 1911, the home is older than most in Winnipeg. This typically means character but also implies a need for a thorough inspection for foundational integrity, wiring, plumbing, and insulation updates. Its age is average for its immediate street, so local contractors may be familiar with similar homes.
4. What can the sold price history tell me?
The home sold between $200k-$250k in 2019. This historical price, combined with the current lower assessed value, suggests it may be priced below recent area comparables. For the exact sale price, you can request it via email from the site.
5. Are the nearby "Worth Viewing" listings good comparisons?
The listings on Beresford Avenue (built 2019, higher assessment) are likely newer infill homes and not direct comparisons. Better references are the other older homes on Walker Avenue or similar streets, like 485 Walker or 558 Rathgar, which share similar vintage and scale.
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