508 Sherburn Street

Minto, Winnipeg

Property score

64.7

Fair

Overall 64.7 · Larger but older than most nearby homes

1,690 sqft (top 5%) · Built in 1912 (21 yrs older than avg)

Located in a above-average income area with median household income of ~74k

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 12 dining spots, 1 school, 4 healthcare facilitys, and 2 shops nearby

Living Area

Above average

59% larger than neighborhood avg.

Year Built

Below average

21 yrs older than neighborhood avg.

Mother tongue

English · 75%Tagalog · 9%

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

Sold Count

825

Median price

271.7k

$/sqft

$287/sqft

Avg build year

1933

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Property score

64.7 is composed by the two sections below.

Property Score

61.6Fair
Living Area1,690 sqft83Excellent
Year Built191216Low
Lot Size3,069 sqft38Low
Neighbourhood Sales Activity59Fair

Community Score

69.3Good
Household Income74Good
Education Level54Fair
Housing Stress63Fair
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

Minto

How to read: Share of sales in each ~$50k price band for “minto” (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: #46110107

Community deep dive

$74K

Median household income

$90K

Average household income

13%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

30%

Single-person households

17%

Families with children

Population, labour & age

Population (2021)530
Labour force participation rate66%
Median age32.8
Avg household size2.3
Unemployment rate3%
Population density2944 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households30%
Couple families with children17%
Median household income (2020)$74K

Housing

Renter households36%
Condominium dwellings22%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority26%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 9%

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

Rankings

Living Area

Elite
1,690 sqft
0255075100
Same streetTop 10%Same areaTop 5%CitywideTop 21%
Same street · Sherburn Street
#52 / 537
Top 10% · Avg 1,162 sqft
Same area · Minto
#103 / 2,063
Top 5% · Avg 1,060 sqft
Citywide · Winnipeg
#41,531 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
295k
0255075100
Same streetTop 25%Same areaTop 15%CitywideBottom 28%
Same street · Sherburn Street
#136 / 537
Top 25% · Avg 266.3k
Same area · Minto
#317 / 2,063
Top 15% · Avg 254.6k
Citywide · Winnipeg
#140,276 / 194,458
Bottom 28% · Avg 390.1k

Year Built

below average
1912
0255075100
Same streetBottom 8%Same areaBottom 18%CitywideBottom 8%

Lot Size

around average
3,069 sqft
0255075100
Same streetTop 34%Same areaBottom 49%CitywideBottom 13%

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

508 Sherburn Street — 29 amenities found within 500 m, across 9 categories, including 12 dining (nearest 90 m), 1 education (nearest 469 m), 4 healthcare (nearest 131 m).

Search radius
🍽️Dining12
🏫Education1
🏥Healthcare4
🛒Shopping2
🌳Parks3
💪Sports1
🏦Finance1
Worship4
🏛️Government1

Crime & Safety

Minto · WPS public data · 2026

Annual incidents

48

2026

vs. city avg

+63%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Other

46%

Full crime data for Minto →Winnipeg crime overview →

Sales History

Sold 7/2021CA$300k–350k
Sold price

Same street

Top 18%

Same area

Top 12%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 508 Sherburn Street, Winnipeg

Property Overview: 508 Sherburn Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Sherburn Street in the Minto neighbourhood presents a distinct profile centered on space and value within its immediate community. Its primary appeal is its generous 1,690 sqft of living area, which ranks it in the top 10% of homes on its street and the top 5% within Minto. This makes it a notably spacious option compared to nearby houses. The lot size is consistent with the local area at just over 3,000 sqft. Built in 1912, the property is one of the older homes in the area, which may appeal to those interested in character homes, though it implies a need for diligent maintenance and potential updates.

The assessed value is modest and sits above average for both the street and the neighbourhood, yet it is significantly below the city-wide average. This highlights the property’s positioning as a more affordable, spacious option in a specific locale rather than a high-value asset city-wide. The last recorded sale was between $300k-$350k in 2021.

This property would best suit a practical buyer looking for maximum interior space on a budget within a well-established inner-city neighbourhood. It’s ideal for someone who values square footage over modern finishes and is prepared to steward a century-old home. It may also appeal to an investor or homeowner who recognizes value in a community setting where the property stands out for its size relative to its peers.

Section 2: Frequently Asked Questions

1. What does the "Top 5%" ranking for living area in Minto actually mean?
It means that compared to over 2,000 homes in the Minto area, this house has more living space than approximately 95% of them. It is exceptionally spacious for its specific neighbourhood.

2. The home is from 1912. What should I consider?
While offering classic charm, a 114-year-old home requires careful attention to foundational integrity, historical wiring or plumbing updates, and overall maintenance. A thorough, specialized inspection is essential.

3. Why is the city-wide assessed value ranking much lower than the local ranking?
The assessed value is above average for Minto but below the Winnipeg average. This reflects the neighbourhood's overall affordability compared to newer or higher-value districts across the city. The value is concentrated in the living space and location, not in land value or luxury finishes.

4. How reliable is the sold price range shown?
The range is based on publicly available data. For the exact historical sold price, you must request it directly via the provided email service, as this information is not fully disclosed in public records.

5. What is the potential downside of having a much larger house than the neighbourhood average?
While spacious, the home’s value may be more influenced by its immediate area’s market trends than by its size alone. Over-improvement for the area can sometimes limit resale value relative to investment. However, it offers immediate quality of life benefits in terms of space.

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