683 Municipal Road

Betsworth, Winnipeg

Property score

85.1

Excellent

Overall 85.1 · Larger and newer than most nearby homes

1,702 sqft (top 28%) · Built in 2004 (26 yrs newer than avg)

Located in a high-income area with median household income of ~115k

Transit 64.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Above average

17% larger than neighborhood avg.

Year Built

Above average

26 yrs newer than neighborhood avg.

Mother tongue

English · 91%Punjabi · 21%

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

85.1 is composed by the two sections below.

Property Score

83.6Excellent
Living Area86
1,702 sqftExcellent
Year Built87
2004Excellent
Lot Size85
6,797 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

87.4Excellent
Household Income90
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

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: #46111071

Community deep dive

$115K

Median household income

$138K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

8%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)325
Labour force participation rate53%
Median age46.8
Avg household size2.7
Unemployment rate0%
Population density1911 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households8%
Couple families with children29%
Median household income (2020)$115K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority6%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 90%
Mother tongue (2nd)

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

Rankings

Living Area

above average
1,702 sqft
0255075100
Same streetTop 14%Same areaTop 28%CitywideTop 21%
Same street · Municipal Road
#15 / 105
Top 14% · Avg 1,338 sqft
Same area · Betsworth
#414 / 1,485
Top 28% · Avg 1,455 sqft
Citywide · Winnipeg
#40,591 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
565k
0255075100
Same streetTop 7%Same areaTop 13%CitywideTop 11%
Same street · Municipal Road
#7 / 105
Top 7% · Avg 418.2k
Same area · Betsworth
#195 / 1,485
Top 13% · Avg 458k
Citywide · Winnipeg
#21,293 / 194,458
Top 11% · Avg 390.1k

Year Built

Elite
2004
0255075100
Same streetTop 5%Same areaTop 7%CitywideTop 15%

Lot Size

above average
6,797 sqft
0255075100
Same streetBottom 8%Same areaBottom 42%CitywideTop 19%

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

683 Municipal Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 203 m), 2 parks (nearest 218 m).

Search radius
🏫Education1
🌳Parks2

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

683 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: 683 Municipal Road, Winnipeg

Property Overview

This 2004-built bi-level home at 683 Municipal Road offers a practical and modern living space on a generous lot. Its key appeal lies in the combination of a relatively recent build, a fully finished basement, and strong performance in key municipal metrics. The house ranks notably well within its broader area for its size, newness, and assessed value, suggesting a well-above-average offering for the locale.

It would suit buyers looking for a move-in ready, low-maintenance home from this century, who prioritize space and value over ornate character. It's a strong candidate for young families, professionals, or downsizers seeking single-level living potential (with primary amenities likely on one floor), coupled with the bonus of extra finished space below.

Key Details & Perspectives

  • Layout & Space: The 1,702 sqft bi-level design typically offers good separation between living and sleeping areas. The fully finished basement effectively doubles the usable living space, a significant advantage over homes with only a crawlspace or undeveloped cellar.
  • Lot & Location: The nearly 6,800 sqft lot is sizable for newer subdivisions, providing ample outdoor room. Its rankings indicate it's a larger, newer, and higher-valued property compared to most in Winnipeg, but more average within its immediate neighborhood—a sign of a solid, established community.
  • Value Proposition: The assessed value of $565,000 ranks highly, which can be a double-edged sword. It reflects strong municipal valuation for taxation, but also suggests the property is seen as a substantial asset in its area. Buyers should consider this in the context of their offer price.

Frequently Asked Questions

1. What does the ranking data actually mean?
It shows how this property compares to others in three geographic circles. For example, being newer than 82% of Winnipeg homes is a major plus for maintenance, while being larger than only 42% in its own neighborhood suggests a community of similarly substantial homes.

2. Is a bi-level suitable for someone with mobility concerns?
A bi-level typically has a short flight of stairs to the main living area and another to the basement. While the main floor may house a bedroom and bathroom, the split-entry stairs are a consideration. The fully finished basement is an asset, but access requires navigating stairs.

3. What are the likely utilities and maintenance costs for a 2004 home?
Being 22 years old, major components like the roof, HVAC, and windows may be approaching the end of their typical lifespans. Budgeting for potential updates in the coming years is prudent, though systems are modern.

4. The lot is large, but what is the backyard like?
The listing notes no pool. The orientation (south, east, etc.), sun exposure, and current landscaping aren't specified. A viewing or street view inspection is essential to gauge privacy and outdoor living potential.

5. Why is the community ranking for size lower than the city-wide ranking?
This is an insightful detail. It means that while the home is quite spacious compared to all of Winnipeg, the immediate neighborhood likely consists of other larger family homes, making this property a good fit within its specific streetscape rather than an outlier.