Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Minto Street): Below Average. Ranked #182 out of 183 (Bottom 1%). The street average for comparable homes is 995 sqft.
Neighborhood Level (Minto): Below Average. Ranked #2,063 out of 2,063 (Bottom 0%). The neighborhood average for comparable homes is 1,060 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #194,328 out of 194,458 (Bottom 0%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Minto Street): Below Average. Ranked #175 out of 183 (Bottom 4%). The street average for comparable homes is 256.7k.
Neighborhood Level (Minto): Below Average. Ranked #2,010 out of 2,063 (Bottom 3%). The neighborhood average for comparable homes is 254.6k.
Citywide Level (Winnipeg): Below Average. Ranked #185,339 out of 194,458 (Bottom 5%). The citywide average for comparable homes is 390.1k.
Street Level (Minto Street): Below Average. Ranked #161 out of 183 (Bottom 12%). The street average for comparable homes is 1940.
Neighborhood Level (Minto): Below Average. Ranked #1,368 out of 2,063 (Bottom 34%). The neighborhood average for comparable homes is 1933.
Citywide Level (Winnipeg): Below Average. Ranked #170,925 out of 194,458 (Bottom 12%). The citywide average for comparable homes is 1966.
Street Level (Minto Street): Around Average. Ranked #51 out of 183 (Top 28%). The street average for comparable homes is 3,707 sqft.
Neighborhood Level (Minto): Above Average. Ranked #333 out of 2,063 (Top 16%). The neighborhood average for comparable homes is 3,267 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #143,464 out of 194,458 (Bottom 26%). The citywide average for comparable homes is 6,570 sqft.
Minto market pulse
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.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
638 Minto Street — 30 amenities found within 500 m, across 9 categories, including 12 dining (nearest 268 m), 3 education (nearest 240 m), 4 healthcare (nearest 248 m).
Crime & safety
Waste collection schedule
Sales History
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 1% |
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview
638 Minto Street is a unique property defined by its contrasts. Built in 1918, it sits on a notably large lot for its area but contains a very modest living space. Its appeal lies in its potential as a blank canvas, offering land value and a low entry point in the Winnipeg market.
Key Characteristics & Ideal Buyer
The primary characteristic is the significant disparity between the land area (4,020 sq ft) and the living area (473 sq ft). The lot size is well above average for both Minto Street and the broader Minto area, suggesting room for expansion, gardening, or future development. Conversely, the home itself is among the smallest in the city, with a living space ranking in the bottom 1% city-wide. The assessed value is correspondingly low at $16,900.
This property suits a specific type of buyer: an investor, builder, or hands-on homeowner looking for a land-value play or a major renovation/rebuild project. Its appeal is not in its current condition but in its underlying asset—the lot. It would also suit a minimalist buyer seeking ultimate affordability, though the required updates for a 108-year-old home must be considered. A less obvious perspective is its potential as a long-term hold in an area where larger lots are becoming scarcer, with the existing structure serving as a placeholder until redevelopment makes financial sense.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's current state. With a very small, aged home (473 sq ft, built in 1918) on a relatively large lot, the assessment is primarily based on the existing structure's utility, resulting in a low value compared to the city's typical family homes.
2. What does the lot size mean for a future owner?
The 4,020 sq ft lot is a key asset. It is larger than most in the immediate vicinity, providing valuable outdoor space and, importantly, potential for an addition, a new garden suite (subject to zoning), or a future tear-down and rebuild—options not available on standard-sized lots.
3. How should I interpret the sold price history showing a range of $100k–$150k in 2017?
This indicates the property last sold for an amount significantly higher than its current assessed value. This discrepancy is common and highlights that market value (what a buyer pays) is driven by many factors, including lot potential and market conditions, while assessed value is an administrative calculation for taxation purposes.
4. What are the main considerations with a home built in 1918?
Prospective buyers must budget for updates to foundational systems like wiring, plumbing, and insulation. While it offers character, the age implies a need for thorough inspection to understand the condition and any necessary immediate repairs to make it livable or safe.
5. Who would this property not be suitable for?
It is not suitable for buyers seeking a move-in-ready home, those needing standard family-sized living space, or anyone uncomfortable with a major renovation project. It is a specialist property for those viewing it as a strategic investment in land or a hands-on project.