Property score
73.4
Good
Overall 73.4 · Older than most nearby homes
1,158 sqft (bottom 32%) · Built in 1971 (7 yrs older 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, 2 parks, and 1 place of worship nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 91%Punjabi · 21%
Past 10 years Betsworth sales snapshot (~80% of all data)
460
480k
$347/sqft
1978
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73.4 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111071
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
705 Municipal Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 156 m), 2 parks (nearest 311 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 29% | Top 35% | Top 22% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 14% | Bottom 10% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 705 Municipal Road, Winnipeg
Key Characteristics & Appeal
This is a well-established bi-level home on a large, approximately 10,241 sqft lot in Betsworth. Built in 1971, the property features 1,158 sqft of living space, a finished basement, and a detached garage. Its standout characteristic is the generous lot size, which ranks in the top 6% of all Winnipeg properties, offering significant outdoor space and potential.
The appeal lies in a compelling combination of space, value, and a proven investment trajectory. While the home itself is average in size for its area, the vast yard is a rare find, suitable for gardening, expansion, or simply enjoying ample privacy. The recent sale price of $454,000 in October 2024, which is notably above the current assessed value, suggests strong market confidence and a history of solid appreciation, having increased over $150,000 in value since late 2020.
This home would best suit practical buyers who prioritize land over a large interior footprint. It's ideal for first-time buyers seeking room to grow, downsizers who want a manageable home without sacrificing yard space, or value-oriented investors attracted by the lot's inherent value and the property's clear, upward price history. It offers a grounded opportunity in a mature neighbourhood.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Betsworth, and across all of Winnipeg. For example, being in the "top 6%" for lot size city-wide confirms the lot is exceptionally large. The "top 36%" ranking for assessed value indicates it's valued above average for Winnipeg.
2. The home was just bought in October 2024. Why is it back on the market?
While the specific reason isn't listed, a quick resale can occur for various personal, financial, or employment-related reasons unrelated to the property itself. It does, however, provide a very recent and transparent market price point for buyers.
3. Is a bi-level layout suitable for me?
Bi-levels feature split entryways leading to upper living areas and lower-level spaces. This layout is efficient and can feel spacious, but it involves stairs to access most rooms. It's worth considering for mobility needs or lifestyle preferences.
4. How significant is the difference between the assessed value and the recent sale price?
The sale price ($454,000) being higher than the assessment ($397,000) is common in active markets, as assessments lag behind current conditions. This gap indicates the market currently values the property higher than its official tax valuation.
5. What are the implications of a 55-year-old home?
A home of this age will have mature landscaping and an established neighbourhood feel. Buyers should budget for updates to aging components like windows, roof, or mechanical systems, and ensure a thorough inspection is completed. The recent sale also suggests these factors were recently evaluated by the market.
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