515 Municipal Road

Betsworth, Winnipeg

Property score

67.4

Good

Overall 67.4 · Smaller than most nearby homes

988 sqft (bottom 13%) · Built in 1974 (4 yrs older than avg)

Located in a high-income area with median household income of ~119k

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 6 parks nearby

Living Area

Below average

32% smaller than neighborhood avg.

Year Built

Below average

4 yrs older than neighborhood avg.

Mother tongue

English · 75%Tagalog · 4%

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

Sold Count

460

Median price

480k

$/sqft

$347/sqft

Avg build year

1978

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Property score

67.4 is composed by the two sections below.

Property Score

52.6Fair
Living Area988 sqft42Low
Year Built197458Fair
Lot Size8,071 sqft93Excellent
Neighbourhood Sales Activity37Low

Community Score

89.7Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Betsworth

How to read: Share of sales in each ~$50k price band for “betsworth” (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: #46111072

Community deep dive

$119K

Median household income

$135K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

12%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)530
Labour force participation rate65%
Median age47.6
Avg household size2.7
Unemployment rate0%
Population density2650 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households12%
Couple families with children41%
Median household income (2020)$119K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$440K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority9%
Bachelor's or higher (25–64)42%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

below average
988 sqft
0255075100
Same streetBottom 18%Same areaBottom 13%CitywideBottom 25%
Same street · Municipal Road
#86 / 105
Bottom 18% · Avg 1,338 sqft
Same area · Betsworth
#1,298 / 1,485
Bottom 13% · Avg 1,455 sqft
Citywide · Winnipeg
#145,831 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
343k
0255075100
Same streetBottom 14%Same areaBottom 10%CitywideBottom 44%
Same street · Municipal Road
#90 / 105
Bottom 14% · Avg 418.2k
Same area · Betsworth
#1,334 / 1,485
Bottom 10% · Avg 458k
Citywide · Winnipeg
#109,409 / 194,458
Bottom 44% · Avg 390.1k

Year Built

above average
1974
0255075100
Same streetTop 16%Same areaBottom 37%CitywideTop 42%

Lot Size

above average
8,071 sqft
0255075100
Same streetBottom 11%Same areaTop 39%CitywideTop 11%

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

515 Municipal Road — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 225 m).

Search radius
🌳Parks6

Crime & Safety

Betsworth · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

100%

Sales History

515 Municipal Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 515 Municipal Road, Winnipeg

Property Overview

This 1974-built, one-storey home on a generous 8,071 sqft lot in Betsworth offers a practical and private living proposition. Its key appeal lies in its balance of space and manageability. The fully finished basement and split garage add functional living and storage space to the 988 sqft main floor. The property’s standout feature is its lot size, which ranks in the top 11% across Winnipeg, providing exceptional outdoor space and potential relative to many city properties. However, the home itself is more modest in scale, ranking in the top 28% for living area. This creates an interesting dynamic: it’s a home for those who prioritize land and privacy over a large interior footprint. It would suit a first-time buyer, downsizer, or investor looking for a low-maintenance, single-level layout with a large, usable yard. The rankings suggest it’s a competitively sized property within its immediate neighborhood, offering a sense of space that is increasingly rare. A thoughtful perspective is that this property represents a "blank canvas" opportunity—the value is anchored in the land and the solid foundation of a lived-in home, leaving room for the next owner to update or expand according to their taste over time.

Frequently Asked Questions

1. How does the lot size compare to typical Winnipeg homes?
The lot is exceptionally large, ranking in the top 11% city-wide. At over 8,000 sqft, it provides significantly more outdoor space than the average property.

2. Is the home considered large or small for the area?
The living space is fairly typical for its specific neighborhood, ranking in the top 17% in Betsworth. It’s a comfortable size for the area but not unusually spacious indoors compared to nearby homes.

3. What does the "fully finished basement" include?
The listing confirms the basement is finished, meaning it has livable space such as recreation rooms or extra bedrooms, but the specific layout and features would need verification during a viewing.

4. How does the age of the home affect its value and condition?
Built in 1974, the home is older than 54% of Winnipeg properties. This typically means maintenance and systems (like roof, windows, plumbing) should be carefully evaluated, but it also comes with a mature lot and established neighborhood character.

5. Are the property rankings a good indicator of value?
The rankings are useful for comparison. They show this property excels in lot size but is more average in assessed value and living area for its community. This can indicate where its inherent value lies—primarily in the land itself.

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.