38.0
Below average
Property score
38.0
Below average
Overall 38.0
Smaller than most nearby homes
600 sqft (bottom 2%)
Built in 1931 (2 yrs older than avg)
Located in a above-average income area
with median household income of ~74k
Transit 100.0
1-min walk to transit with 5 nearby routes
Within 500m: 14 dining spots, 2 schools, 4 healthcare facilitys, and 1 shop 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
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 75%Tagalog · 9%
Past 10 years Minto sales snapshot (~80% of all data)
825
271.7k
$287/sqft
1933
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38.0 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110107
$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
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
583 Minto Street — 31 amenities found within 500 m, across 9 categories, including 14 dining (nearest 121 m), 2 education (nearest 188 m), 4 healthcare (nearest 159 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 4% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 583 Minto Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, historically grounded property built in 1931, offering a distinct value proposition in Winnipeg’s Minto neighborhood. Its key characteristic is its modest scale: with 600 sqft of living space on a 1,044 sqft lot, it is significantly smaller than most homes on its street, in the area, and across the city. This is reflected in its assessed value of $16,400, which is notably below average comparables.
The appeal lies in its potential as an efficient, low-cost entry point into homeownership. It suits buyers with minimal space needs, such as a single person, a couple, or an investor looking for a manageable rental property. Its very low property taxes, due to the low assessment, are a significant financial advantage. A thoughtful perspective is that this property represents a "land bank" opportunity in an established neighborhood; the value is primarily in the location and the lot, with the existing structure being functional but not the main asset. It appeals to those who prioritize financial flexibility over space or who see potential in the long-term value of the land itself.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific attributes—its very small size, both in living area and lot dimensions—compared to the typical Winnipeg home. It is assessed relative to similar properties, not the city's overall housing market.
2. What does the sold price history (2020: CA$150k–200k) indicate?
It shows the property last sold for significantly more than its current assessed value. This is common, as assessed value for tax purposes often lags behind actual market value. The sale price reflects what a buyer was willing to pay in the open market at that time.
3. Is the small lot size a major drawback?
It limits expansion possibilities like large additions or detached garages. However, it also means less exterior maintenance and lower landscaping costs, which can be a benefit for a buyer seeking simplicity and low upkeep.
4. What should I consider about a home built in 1931?
While the building is around the average age for the immediate street, it will likely require careful attention to aging components like wiring, plumbing, and insulation. A thorough inspection is essential to understand the condition and any needed updates.
5. Who are the most likely neighbors, according to the data?
The nearby properties on Minto Street are a mix, but the data shows this home is among the smallest and lowest-assessed on the block. This suggests a neighborhood with a variety of home sizes and values, potentially offering more diversity than a uniform subdivision.
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