533 Municipal Road

Betsworth, Winnipeg

Property score

75.7

Good

Overall 75.7 · Older than most nearby homes

1,236 sqft (bottom 40%) · Built in 1970 (8 yrs older than avg)

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

Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 6 parks nearby

Living Area

Near average

15% smaller than neighborhood avg.

Year Built

Below average

8 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

75.7 is composed by the two sections below.

Property Score

66.4Good
Living Area1,236 sqft66Good
Year Built197052Fair
Lot Size11,187 sqft97Excellent
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

around average
1,236 sqft
0255075100
Same streetTop 50%Same areaBottom 40%CitywideTop 47%
Same street · Municipal Road
#52 / 105
Top 50% · Avg 1,338 sqft
Same area · Betsworth
#894 / 1,485
Bottom 40% · Avg 1,455 sqft
Citywide · Winnipeg
#91,080 / 194,458
Top 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
405k
0255075100
Same streetTop 50%Same areaBottom 41%CitywideTop 37%
Same street · Municipal Road
#52 / 105
Top 50% · Avg 418.2k
Same area · Betsworth
#873 / 1,485
Bottom 41% · Avg 458k
Citywide · Winnipeg
#72,157 / 194,458
Top 37% · Avg 390.1k

Year Built

around average
1970
0255075100
Same streetTop 47%Same areaBottom 19%CitywideTop 48%

Lot Size

Elite
11,187 sqft
0255075100
Same streetTop 44%Same areaTop 16%CitywideTop 4%

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

533 Municipal Road — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 305 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

533 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: 533 Municipal Road, Winnipeg

Property Overview

This 1970s-built, single-storey home on a large, quarter-acre lot offers a practical and private living environment. Its key appeal lies in the substantial outdoor space and a well-established, quiet neighbourhood setting. The home itself features a functional layout with over 1,200 square feet of living space and a finished basement, providing room to grow. Its competitive rankings show it outperforms most Winnipeg homes for lot size, placing it in the top 4% citywide, which is a significant advantage for buyers seeking space without moving to the rural fringe. The property would suit first-time buyers looking for a manageable home with yard potential, downsizers seeking single-level living with privacy, or value-oriented buyers who prioritize land size and see the dated but solid structure as a canvas for future updates.

Key Details & FAQs

Key Characteristics:

  • Type & Size: A one-storey bungalow with 1,236 sqft of living space and a finished basement.
  • Lot: A standout feature at 11,187 sqft (approx. 0.26 acres), offering exceptional space for gardens, play, or expansion.
  • Location & Context: Situated in Betsworth, a mature neighbourhood. Data indicates the property ranks highly for lot size within its community and the wider city, suggesting a premium, spacious setting compared to most.
  • Condition & Age: Built in 1970. Its rankings for age show it is older than most homes in its immediate community, indicating a well-established area but potentially requiring updates to mechanical systems or interiors.
  • Parking: Includes a detached, split garage.

Who It's For:
This home appeals to buyers who value space and privacy over a modern, turn-key property. It's an excellent fit for those wanting a large yard for pets, gardening, or family activities without leaving the city. The single-level layout is ideal for accessibility. It's also a sensible choice for buyers with a vision to renovate over time, as the solid foundation and generous lot provide a strong base for adding value.


Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in Betsworth, and across all of Winnipeg. For example, being in the top 4% for lot size in Winnipeg is a major advantage, meaning you get more land than 96% of city properties. However, its lower ranking for age in the community confirms it's an older home in an older area.

2. Is the large lot a burden or an opportunity?
It's primarily an opportunity for privacy, outdoor living, and future potential (like a shed, patio, or even an addition). Consider that maintenance (mowing, landscaping) will require more time or cost compared to a standard city lot.

3. As an older bungalow, what should I budget for beyond the purchase price?
While the basement is finished, a home from 1970 will likely need scrutiny of major systems. Plan for potential updates to the roof, windows, furnace, or electrical panel. An inspection is crucial to understand the timeline for these investments.

4. Who might this property NOT suit?
Buyers seeking a modern, low-maintenance home with new appliances and finishes may find the needed updates daunting. It's also less ideal for those who prefer a walkable, bustling urban streetscape, as large lots often come with a quieter, more suburban feel.

5. What is the significance of a "split garage"?
A split garage typically means a two-car garage separated by a wall or support column in the middle, creating two distinct single bays. This can be more flexible than one large open space but may limit parking for very wide vehicles.

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