685 Municipal Road

Betsworth, Winnipeg

Property score

84.9

Excellent

Overall 84.9 · Larger but older than most nearby homes

2,104 sqft (top 11%) · Built in 1969 (9 yrs older than avg)

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

Transit 64.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Above average

45% larger than neighborhood avg.

Year Built

Below average

9 yrs older 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

84.9 is composed by the two sections below.

Property Score

83.2Excellent
Living Area94
2,104 sqftExcellent
Year Built52
1969Fair
Lot Size97
10,237 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
2,104 sqft
0255075100
Same streetTop 7%Same areaTop 11%CitywideTop 8%
Same street · Municipal Road
#7 / 105
Top 7% · Avg 1,338 sqft
Same area · Betsworth
#163 / 1,485
Top 11% · Avg 1,455 sqft
Citywide · Winnipeg
#16,336 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
466k
0255075100
Same streetTop 19%Same areaTop 36%CitywideTop 26%
Same street · Municipal Road
#20 / 105
Top 19% · Avg 418.2k
Same area · Betsworth
#538 / 1,485
Top 36% · Avg 458k
Citywide · Winnipeg
#49,730 / 194,458
Top 26% · Avg 390.1k

Year Built

around average
1969
0255075100
Same streetBottom 33%Same areaBottom 16%CitywideTop 49%

Lot Size

above average
10,237 sqft
0255075100
Same streetBottom 29%Same areaTop 22%CitywideTop 6%

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

685 Municipal Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 183 m), 2 parks (nearest 233 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

685 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: 685 Municipal Road, Winnipeg

Property Overview: 685 Municipal Road, Winnipeg

Key Characteristics & Appeal

This is a spacious, well-established two-storey home in Betsworth, built in 1969 on a large, approximately 10,237 sqft lot. Its primary appeal lies in its generous proportions and established setting. With over 2,100 sqft of living space, it offers significantly more room than most homes in Winnipeg, ranking in the top 7% for size. The property also features a finished basement and a split garage.

The home’s standout feature is its land. The lot size is a major asset, placing it in the top 6% of all Winnipeg properties, offering ample outdoor space for gardening, recreation, or future expansion. While the structure itself is from the late 1960s, its assessed value ranks highly within its immediate area, suggesting a solid and desirable location.

This property would best suit buyers looking for space and land over modern finishes. It’s ideal for a family seeking room to grow indoors and out, or for someone who values the mature character and established neighborhoods of Winnipeg’s older suburbs. It represents an opportunity to own a substantial property where the value is anchored in its lot size and living area, with the potential to update the interior over time.

Frequently Asked Questions

1. What does the "finished basement" entail?
The listing confirms a finished basement, which adds valuable living or recreational space. Prospective buyers should inquire about the finish quality, ceiling height, and whether it includes a separate entrance or bathroom to understand its full utility.

2. How does the 1969 build year affect the home?
While the home ranks as newer than only 15% of properties in its community, this is typical for the area. Buyers should budget for potential updates to major aging components like the roof, windows, or HVAC system, while appreciating the character and construction style of the era.

3. The lot is large, but how is it shaped and positioned?
A lot of this size is a significant advantage. It’s important to view the property in person or via the street view to understand its layout, privacy, sunlight exposure, and how the home is situated on the land to maximize its potential.

4. The assessment value seems high for the area. What does this mean?
The assessment ranks higher than 81% of homes on its street, indicating the municipality views it as a higher-value property locally, likely due to its large lot and above-average living space. This can be a positive indicator, but market price is ultimately determined by current buyer demand.

5. What is the neighborhood feel like in Betsworth?
As a mature community with homes from similar eras, Betsworth likely offers established landscaping, quieter streets, and a settled atmosphere. The high ranking for lot size within Winnipeg suggests a less dense, more spacious feel compared to many newer subdivisions.