689 Municipal Road

Betsworth, Winnipeg

Property score

72.6

Good

Overall 72.6 · Older than most nearby homes

1,177 sqft (bottom 34%) · 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

Below average

19% smaller 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

72.6 is composed by the two sections below.

Property Score

62.8Fair
Living Area60
1,177 sqftFair
Year Built52
1969Fair
Lot Size97
10,245 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

around average
1,177 sqft
0255075100
Same streetBottom 39%Same areaBottom 34%CitywideBottom 48%
Same street · Municipal Road
#64 / 105
Bottom 39% · Avg 1,338 sqft
Same area · Betsworth
#981 / 1,485
Bottom 34% · Avg 1,455 sqft
Citywide · Winnipeg
#101,885 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
374k
0255075100
Same streetBottom 30%Same areaBottom 26%CitywideTop 46%
Same street · Municipal Road
#74 / 105
Bottom 30% · Avg 418.2k
Same area · Betsworth
#1,103 / 1,485
Bottom 26% · Avg 458k
Citywide · Winnipeg
#88,864 / 194,458
Top 46% · Avg 390.1k

Year Built

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

Lot Size

above average
10,245 sqft
0255075100
Same streetBottom 31%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

689 Municipal Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 174 m), 2 parks (nearest 251 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

689 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: 689 Municipal Road, Winnipeg

Property Summary: 689 Municipal Road, Winnipeg

Key Characteristics & Appeal

This is a well-established, single-storey home on a notably large, mature lot in the Betsworth neighborhood. Built in 1969, its primary appeal lies in its generous 10,245 sqft land parcel, which offers significant space and privacy—a rarity compared to many modern subdivisions. The home itself features a finished basement and a split garage, providing practical living and storage space. Its competitive rankings highlight a key strength: the property’s lot size surpasses 94% of all homes in Winnipeg, indicating exceptional outdoor potential. The appeal is grounded in space and stability rather than modern luxury. It would suit a buyer looking for a solid, no-frills home with room to grow, garden, or expand, or an investor who recognizes the long-term value of land. It’s particularly suitable for those who prioritize outdoor space over a newly built interior and are comfortable with a home that has character and a history.

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, being in the top 6% for lot size city-wide means the yard is exceptionally large, while the lower rankings for building age indicate the home itself is older than many in the area.

2. Is the finished basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. A buyer should verify its current configuration and legal status with the municipality if rental income is a goal.

3. What are the implications of a 1969 build year?
While the home has proven durability, systems like roofing, plumbing, and electrical are likely original or older. A thorough inspection is advisable to budget for potential updates or maintenance.

4. How does the large lot impact costs and possibilities?
A lot of this size offers great potential for gardening, recreation, or future additions like a shed or deck. However, it may also mean higher landscaping maintenance costs and water bills. It’s worth checking zoning bylaws for any expansion or subdivision potential.

5. The value assessment seems lower than expected for such a large lot. Why?
Municipal assessments often reflect a mass appraisal formula and may not capture full market potential or recent renovations. The assessed value is a starting point for taxes; the market price is determined by what buyers are willing to pay for the unique combination of land size and existing home.