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
585 Minto Street — 31 amenities found within 500 m, across 9 categories, including 14 dining (nearest 128 m), 2 education (nearest 190 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 5% | Bottom 3% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 585 Minto Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home is defined by its compact efficiency and notable affordability within the Winnipeg market. Built in 1931, it is a smaller-scale property with 600 sqft of living space on a 1,044 sqft lot, placing it well below average in size both for its immediate street and the wider city. Its primary appeal lies in its exceptionally low financial barriers to entry, as evidenced by an assessed value of $16,400—a fraction of the city-wide average. This presents a rare opportunity for minimal property tax liability and a very accessible purchase price.
The property would suit a specific type of buyer: a first-time purchaser or an investor seeking the most cost-effective entry into the market, or someone looking to downsize to a minimalist, low-overhead lifestyle. Its small footprint means maintenance and utility costs are likely to be low. A less obvious perspective is that this type of property can serve as a strategic foothold in a neighbourhood, allowing an owner to build equity with very modest carrying costs. It’s a practical choice over an aspirational one, ideal for those whose priority is financial efficiency and simplicity rather than space.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Assessed value is primarily based on the property's characteristics, like its very small size and modest living area. This results in a valuation that reflects its physical footprint and utility, not necessarily its desirability or sale price, which can be influenced by other market factors.
2. What does the sold price history ("Sold 2020 CA$150k–200k") indicate?
This shows the property last sold for an estimated price between $150,000 and $200,000. The significant difference between this sale price and the current assessed value highlights that assessed value for taxation is not the same as market value. Buyers should investigate recent comparable sales for a true market picture.
3. Is the small lot size a major limitation?
It limits potential for expansions, additions, or extensive outdoor space. However, it also translates to less yard maintenance. For a buyer looking for a simple, low-maintenance property, this can be viewed as a benefit rather than a drawback.
4. How does the age of the home (1931) affect it?
A home of this age may have older building materials and systems, so a thorough inspection is crucial to understand the condition of the roof, wiring, plumbing, and foundation. Conversely, it often possesses a character and build quality distinct from newer construction.
5. Who would this property not be suitable for?
It is not suitable for buyers who need multiple bedrooms, dedicated workspaces, room for a growing family, or who place a high value on private outdoor space. It is a compact living solution best for individuals, couples, or investors.
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