587 Goulding Street

Minto, Winnipeg

Property score

41.4

Below average

Overall 41.4 · Smaller than most nearby homes

749 sqft (bottom 18%) · Built in 1927 (6 yrs older than avg)

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

Transit 92.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 13 dining spots, 4 schools, 4 healthcare facilitys, and 1 shop nearby

Living Area

Below average

29% smaller than neighborhood avg.

Year Built

Near average

6 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

41.4 is composed by the two sections below.

Property Score

22.8Low
Living Area749 sqft22Low
Year Built192720Low
Lot Size2,416 sqft18Low
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

around average
749 sqft
0255075100
Same streetBottom 30%Same areaBottom 18%CitywideBottom 6%
Same street · Goulding Street
#184 / 262
Bottom 30% · Avg 939 sqft
Same area · Minto
#1,701 / 2,063
Bottom 18% · Avg 1,060 sqft
Citywide · Winnipeg
#182,364 / 194,458
Bottom 6% · Avg 1,342 sqft

Tax-Assessed Value

below average
208k
0255075100
Same streetBottom 12%Same areaBottom 15%CitywideBottom 9%
Same street · Goulding Street
#231 / 262
Bottom 12% · Avg 246k
Same area · Minto
#1,749 / 2,063
Bottom 15% · Avg 254.6k
Citywide · Winnipeg
#176,239 / 194,458
Bottom 9% · Avg 390.1k

Year Built

around average
1927
0255075100
Same streetBottom 31%Same areaBottom 46%CitywideBottom 16%

Lot Size

below average
2,416 sqft
0255075100
Same streetBottom 23%Same areaBottom 18%CitywideBottom 3%

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

587 Goulding Street — 35 amenities found within 500 m, across 10 categories, including 13 dining (nearest 126 m), 4 education (nearest 97 m), 4 healthcare (nearest 249 m).

Search radius
🍽️Dining13
🏫Education4
🏥Healthcare4
🛒Shopping1
🌳Parks3
💪Sports1
🏦Finance2
Fuel Stations1
Worship5
🏛️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 12/2022CA$150k–200k
Sold price

Same street

Bottom 10%

Same area

Bottom 17%

City-wide

Bottom 10%
Sold 12/2017CA$150k–200k
Sold price

Same street

Bottom 5%

Same area

Bottom 8%

City-wide

Bottom 7%

Related homes

Highlights & common questions: 587 Goulding Street, Winnipeg

Property Overview

This home at 587 Goulding Street in Winnipeg's Minto neighbourhood presents a compact, character-filled opportunity. Built in 1927, it sits on a modest 2,416 sqft lot with 749 sqft of living space. Its assessed value is notably lower than many comparisons, which is a defining feature of its profile. Recent sales data indicates it sold within the $150k–$200k range in both 2017 and 2022.

Key Characteristics & Appeal

The primary appeal of this property lies in its accessibility and value positioning. With a consistently below-average assessed value compared to its street, neighbourhood, and the wider city, it represents a lower barrier to entry into the market. The home is compact, making it manageable for upkeep, and its 1927 vintage suggests potential for classic architectural details. Its lot size, while smaller than many, is proportional to the home's footprint.

This property would suit first-time buyers seeking an affordable starter home, or practical investors looking for a rental property with a relatively low tax assessment. It may also appeal to those who prefer a smaller, more efficient living space without a large yard to maintain. A less obvious perspective is that a home of this age and value in an established neighbourhood could be a candidate for a careful, equity-building renovation, provided one is prepared for the considerations of a near-century-old structure.


Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
Assessed value is for municipal tax purposes and is influenced by factors like home size, age, and recent sales in the area. This home’s smaller size and older age contribute to its assessment being below the average for Winnipeg.

2. What does the "Top 70%" ranking for living area mean?
It means this home's living area (749 sqft) is larger than about 70% of similar homes on Goulding Street. It's around the average for its immediate street but is smaller than most homes in the broader Minto area and Winnipeg overall.

3. Is the sold price history reliable?
The listed sale prices ($150k–$200k for 2017 and 2022) are estimated ranges based on public data. To obtain the exact sale prices, you must request them directly via the provided email service.

4. What should I consider about a home built in 1927?
While offering character, a home of this age will likely have older building materials and systems. A thorough inspection is essential to understand the condition of the foundation, wiring, plumbing, and roof, and to budget for potential updates or repairs.

5. How does the smaller lot size impact me?
The 2,416 sqft lot is smaller than many in the city, which means less outdoor maintenance. However, it also limits expansion possibilities and offers less private outdoor space. It's important to view the property in person to see if the yard layout meets your needs.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.