561 Municipal Road

Betsworth, Winnipeg

Property score

74.9

Good

Overall 74.9 · Older than most nearby homes

1,314 sqft (bottom 48%) · Built in 1945 (33 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

Near average

10% smaller than neighborhood avg.

Taon ng Paggawa

Below average

33 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

74.9 is composed by the two sections below.

Property Score

65.1Good
Living Area71
1,314 sqftGood
Taon ng Paggawa30
1945Low
Lupa98
14,924 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

89.7Excellent
Household Income90
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

Istatistika ng benta ng komunidad

Betsworth

How to read: Share of sales in each ~$50k price band for “betsworth” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

karaniwan
1,314 sqft
0255075100
Same streetTop 40%Same areaBottom 48%CitywideTop 41%
Same street · Municipal Road
#42 / 105
Top 40% · Avg 1,338 sqft
Same area · Betsworth
#775 / 1,485
Bottom 48% · Avg 1,455 sqft
Citywide · Winnipeg
#79,288 / 194,458
Top 41% · Avg 1,342 sqft

Assessed Value

mas mababa sa average
278k
0255075100
Same streetBottom 4%Same areaBottom 2%CitywideBottom 24%
Same street · Municipal Road
#101 / 105
Bottom 4% · Avg 418.2k
Same area · Betsworth
#1,460 / 1,485
Bottom 2% · Avg 458k
Citywide · Winnipeg
#148,491 / 194,458
Bottom 24% · Avg 390.1k

Taon ng Paggawa

mas mababa sa average
1945
0255075100
Same streetBottom 5%Same areaBottom 2%CitywideBottom 22%

Lupa

Elite
14,924 sqft
0255075100
Same streetTop 9%Same areaTop 8%CitywideTop 2%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

561 Municipal Road — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 248 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%

Kasaysayan ng Benta

Naibenta 3/2021CA$350k–400k
Presyo ng benta

Parehong kalye

Bottom 39%

Parehong lugar

Bottom 28%

Buong lungsod

Top 46%

Related homes

Mga tampok at karaniwang tanong: 561 Municipal Road, Winnipeg

Property Overview: 561 Municipal Road, Winnipeg

Section 1: Key Characteristics & Appeal

This property is defined by its substantial, nearly 15,000 sqft lot, which is its most compelling feature. The land size ranks in the top 2% of all Winnipeg properties, offering exceptional outdoor space and rarity value in the city. The home itself is a 1,314 sqft one-storey bungalow built in 1945, presenting a classic layout on a grand scale. It features a split garage and no basement.

The primary appeal lies in the land itself. It suits a specific buyer: someone with a vision for outdoor living, gardening, or future expansion, who values space and privacy over a modern or recently built home. It’s an opportunity to own a property where the land is the main asset, ideal for a renovator, a multi-generational family looking to add a secondary suite, or a buyer seeking a peaceful, established neighborhood setting. The 2021 sale price suggests the market recognizes this potential, valuing it above its current assessed value. A thoughtful perspective is that while the house is older and may require updates, the lot size offers a form of long-term security and flexibility that a newer home on a standard lot cannot match.

Section 2: Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate area and across Winnipeg. For example, its land size is in the top 2% city-wide, making it exceptionally large. Conversely, its 1945 build year is older than about 80% of Winnipeg homes, indicating it’s a character property that likely requires mindful maintenance or updating.

2. Is the 2021 sale price of $350,000 relevant today?
It serves as a key data point, showing that a buyer recently valued the property significantly above its municipal assessment. This often indicates buyers are paying a premium for unique features—in this case, almost certainly the lot size. However, current market conditions will determine today’s value.

3. What are the implications of having no basement?
This affects storage and mechanical systems. Utilities like the furnace and water heater will be on the main floor, consuming living space. It also limits traditional storage or renovation options, making the garage and potential outbuildings or careful main-floor planning more important.

4. Who might this property not suit?
It may not suit buyers seeking a move-in-ready, modern home without renovation projects. Those who prioritize a new roof, windows, and systems, or who have no interest in utilizing or maintaining a large yard, may find the property’s demands outweigh its benefits.

5. The assessment is lower than the past sale price. Why?
Municipal assessments for tax purposes often lag behind market value, especially for unique properties. The assessment is a mass appraisal tool, while the market price reflects what buyers are willing to pay for specific, desirable attributes—here, the immense lot size—which the formula may not fully capture.