Property score
66.9
Good
Overall 66.9 · Smaller and older than most nearby homes
936 sqft (bottom 9%) · Built in 1968 (10 yrs older than avg)
Located in a high-income area with median household income of ~119k
Transit 68.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 6 parks nearby
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 75%Tagalog · 4%
Past 10 years Betsworth sales snapshot (~80% of all data)
460
480k
$347/sqft
1978
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66.9 is composed by the two sections below.
Property Score
Community Score
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.
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: #46111072
$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
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
551 Municipal Road — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 272 m).
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%
551 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 551 Municipal Road, Winnipeg
This 1968 bi-level home sits on a large, approximately 9,475 sqft lot in the Betsworth area. Its key appeal lies in the combination of a spacious, private yard and a finished basement, offering flexible living space within a 936 sqft footprint. The home presents a solid value proposition, with an assessed value of $371,000 that positions it favorably compared to many properties across Winnipeg.
Its standout characteristic is the land itself—the lot size ranks in the top 7% city-wide, a rare find that offers significant outdoor potential and privacy. While the home's living area and age are more modest in their rankings, the finished basement effectively expands the usable space. This property would suit first-time buyers or downsizers looking for a manageable home with ample yard space for gardening, pets, or future expansion. It’s also a practical choice for value-focused buyers who prioritize land size and are comfortable with a home that has good foundational rankings but may benefit from personal updates over time.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, neighborhood, and all of Winnipeg. For example, being in the top 7% for lot size in Winnipeg means the yard is significantly larger than most, a major asset. Conversely, rankings for living area indicate the interior space is more compact.
2. Is the basement included in the 936 sqft living area?
Typically, the listed "living area" refers to above-grade square footage. The finished basement is an additional bonus space, adding functional rooms like a family room or extra bedrooms not reflected in that main figure.
3. The home is from 1968; what should I be aware of?
While systems like roofing, plumbing, and wiring may have been updated over the years, a home of this age warrants a thorough inspection. Potential considerations include the condition of original components and the efficiency of insulation and windows, which can be opportunities for future modernization.
4. There's no garage; what are the options?
The property does not include a garage. However, the very large lot provides excellent potential for adding a detached garage or a spacious shed for storage and workshop space, subject to local zoning and permit approvals.
5. How does the assessment value relate to the listing price?
The assessed value of $371,000 is for municipal tax purposes and reflects a mass appraisal. It can be a useful benchmark, but the final listing and sale prices are determined by the current market, the home's condition, and buyer demand, which can be higher or lower than the assessment.
