728 Municipal Road

Betsworth, Winnipeg

Property score

77.6

Good

Overall 77.6 · Older than most nearby homes

1,310 sqft (bottom 47%) · Built in 1970 (8 yrs older than avg)

Located in a high-income area with median household income of ~114k

Transit 68.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 87%Chinese · 1%

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

77.6 is composed by the two sections below.

Property Score

69.5Good
Living Area1,310 sqft71Good
Year Built197052Fair
Lot Size13,031 sqft98Excellent
Neighbourhood Sales Activity37Low

Community Score

89.7Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111082

Community deep dive

$114K

Median household income

$138K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

17%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)454
Labour force participation rate71%
Median age46.8
Avg household size2.6
Unemployment rate5%
Population density630 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households17%
Couple families with children37%
Median household income (2020)$114K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$396K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority11%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 86%
Mother tongue (2nd)Chinese · 1%

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

Rankings

Living Area

around average
1,310 sqft
0255075100
Same streetTop 42%Same areaBottom 47%CitywideTop 41%
Same street · Municipal Road
#44 / 105
Top 42% · Avg 1,338 sqft
Same area · Betsworth
#780 / 1,485
Bottom 47% · Avg 1,455 sqft
Citywide · Winnipeg
#79,778 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

above average
462k
0255075100
Same streetTop 20%Same areaTop 38%CitywideTop 26%
Same street · Municipal Road
#21 / 105
Top 20% · Avg 418.2k
Same area · Betsworth
#557 / 1,485
Top 38% · Avg 458k
Citywide · Winnipeg
#51,121 / 194,458
Top 26% · Avg 390.1k

Year Built

around average
1970
0255075100
Same streetTop 47%Same areaBottom 19%CitywideTop 48%

Lot Size

Elite
13,031 sqft
0255075100
Same streetTop 21%Same areaTop 11%CitywideTop 3%

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

728 Municipal Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 237 m), 2 parks (nearest 374 m).

Search radius
🏫Education1
🌳Parks2
Worship1

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 10/2023CA$350k–400k
Sold price

Same street

Top 43%

Same area

Bottom 43%

City-wide

Top 36%

Related homes

Highlights & common questions: 728 Municipal Road, Winnipeg

Property Overview: 728 Municipal Road, Winnipeg

This property presents a unique opportunity centered on space and established value. Its primary appeal lies not in being the newest or largest home, but in offering a generous, well-situated lot with solid fundamentals. The one-storey bungalow, built in 1970, sits on a sizable 13,031 sqft lot, a feature that ranks in the top tier for the area. With a finished basement and a combination attached/detached garage, it provides practical living space. The home’s assessed value places it highly relative to its neighbours, suggesting a well-regarded property within the community. Recent sale history indicates potential for value growth.

Who It Suits:
This home is ideal for buyers seeking a grounded, long-term property with room to breathe. It suits first-time buyers looking for a manageable single-level layout with expansion potential, or downsizers who value a large yard without the maintenance of a multi-storey home. It particularly appeals to those who prioritize land size and established neighbourhood character over a modern, turn-key interior. The strong rankings for lot size and overall value indicate a property with enduring, tangible assets.


Frequently Asked Questions

1. How does the lot size compare to typical properties?
The 13,031 sqft lot is a standout feature, placing in the top 11% within the community and top 3% across Winnipeg. This offers exceptional outdoor space compared to most city lots.

2. The home was built in 1970. What should I consider?
While the structure is over 50 years old, it has a finished basement and recent sale activity. Buyers should budget for potential updates to mechanical systems, windows, or insulation to improve energy efficiency, common for homes of this era.

3. The assessed value is significantly higher than the 2023 sale price. Why?
The current assessment is $46.2K higher than the late-2023 sale price of $390K. This could reflect market appreciation, municipal assessment methodologies, or specific improvements. It’s a positive indicator of the property’s perceived value growth.

4. What do the "rankings" actually mean?
They show how this property compares to others in the immediate area, neighbourhood, and city for specific metrics. For example, ranking in the "top 3%" for lot size in Winnipeg objectively highlights its rarity and a key competitive advantage.

5. Is the finished basement included in the listed living area?
No. The listed living area is 1,310 sqft for the main floor. The finished basement provides additional, valuable living space that is not typically counted in the official square footage, effectively increasing the usable area of the home.

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