575 Municipal Road

Betsworth, Winnipeg

Property score

89.6

Excellent

Overall 89.6 · Larger and newer than most nearby homes

1,952 sqft (top 16%) · Built in 2018 (40 yrs newer than avg)

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

Transit 64.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby

Living Area

Above average

34% larger than neighborhood avg.

Year Built

Above average

40 yrs newer 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

89.6 is composed by the two sections below.

Property Score

89.6Excellent
Living Area92
1,952 sqftExcellent
Year Built97
2018Excellent
Lot Size88
7,401 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

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

above average
1,952 sqft
0255075100
Same streetTop 8%Same areaTop 16%CitywideTop 12%
Same street · Municipal Road
#8 / 105
Top 8% · Avg 1,338 sqft
Same area · Betsworth
#238 / 1,485
Top 16% · Avg 1,455 sqft
Citywide · Winnipeg
#23,474 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

Elite
645k
0255075100
Same streetTop 4%Same areaTop 8%CitywideTop 6%
Same street · Municipal Road
#4 / 105
Top 4% · Avg 418.2k
Same area · Betsworth
#115 / 1,485
Top 8% · Avg 458k
Citywide · Winnipeg
#10,764 / 194,458
Top 6% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 1%Same areaTop 5%CitywideTop 4%

Lot Size

above average
7,401 sqft
0255075100
Same streetBottom 9%Same areaTop 48%CitywideTop 14%

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

575 Municipal Road — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 174 m).

Search radius
🌳Parks4

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

Sold 6/2019CA$500k–550k
Sold price

Same street

Top 14%

Same area

Top 23%

City-wide

Top 14%

Related homes

Highlights & common questions: 575 Municipal Road, Winnipeg

Property Summary: 575 Municipal Road

Key Characteristics & Appeal

This two-storey home, built in 2018, offers modern living with a renovated basement on a generous 7,401 sqft lot in Betsworth. Its key appeal lies in its balance of contemporary build quality and established neighbourhood charm. The home ranks highly for its newness (top 5% in Winnipeg), lot size, and living space within its immediate area, suggesting it's a notably modern property on a street with older homes. The attached garage and updated basement add practical, move-in-ready appeal.

This property would suit buyers looking for a modern home without the wait of new construction, particularly those who value larger outdoor space. It’s an ideal fit for growing families or professionals seeking a low-maintenance, recently built house in a settled community. A thoughtful perspective is its potential as a long-term hold in a street that appears to be transitioning, given its standout age and assessed value rankings among nearby properties.

Frequently Asked Questions

1. What does the assessed value ranking indicate?
The assessed value is in the top 5% for Winnipeg and top 4% on its street, indicating the municipality views it as a high-value property relative to its surroundings, which can be a positive signal for future value stability.

2. How significant is the lot size?
At 7,401 sqft, the lot is well above average for the street (top 9%), offering ample private outdoor space—a valuable asset in a newer home that is often sacrificed in modern subdivisions.

3. The home sold in 2019; what might that mean?
It was purchased new in 2019 for $52k and is now assessed at $64.5k. This suggests solid appreciation, but a buyer should investigate recent market conditions and any major improvements made since that sale for full context.

4. Are the high rankings always positive?
While generally positive, ranking as a much newer and higher-valued home on a street can sometimes mean the property is at the upper limit of the area’s current price range. This underscores the importance of understanding neighbourhood trends.

5. What is the neighbourhood character like?
The high rankings for lot size and building newness on the street suggest the home may be situated among older, perhaps more varied properties. This offers a blend of modern living in a mature, possibly quieter setting with established trees and gardens.