763 Municipal Road

Betsworth, Winnipeg

Property score

75.0

Good

Overall 75.0 · Older than most nearby homes

1,287 sqft (bottom 46%) · Built in 1970 (8 yrs older than avg)

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

Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Near average

12% smaller than neighborhood avg.

Year Built

Below average

8 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

75.0 is composed by the two sections below.

Property Score

66.8Good
Living Area1,287 sqft66Good
Year Built197052Fair
Lot Size15,543 sqft100Excellent
Neighbourhood Sales Activity37Low

Community Score

87.4Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

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
1,287 sqft
0255075100
Same streetTop 44%Same areaBottom 46%CitywideTop 43%
Same street · Municipal Road
#46 / 105
Top 44% · Avg 1,338 sqft
Same area · Betsworth
#801 / 1,485
Bottom 46% · Avg 1,455 sqft
Citywide · Winnipeg
#82,659 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

above average
453k
0255075100
Same streetTop 23%Same areaTop 40%CitywideTop 28%
Same street · Municipal Road
#24 / 105
Top 23% · Avg 418.2k
Same area · Betsworth
#596 / 1,485
Top 40% · Avg 458k
Citywide · Winnipeg
#54,181 / 194,458
Top 28% · Avg 390.1k

Year Built

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

Lot Size

Elite
15,543 sqft
0255075100
Same streetTop 3%Same areaTop 6%CitywideTop 2%

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

763 Municipal Road — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 236 m), 1 parks (nearest 483 m).

Search radius
🏫Education1
🌳Parks1
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 3/2021CA$400k–450k
Sold price

Same street

Top 32%

Same area

Top 42%

City-wide

Top 27%

Related homes

Highlights & common questions: 763 Municipal Road, Winnipeg

Property Summary: 763 Municipal Road, Winnipeg

Section 1: Key Characteristics & Appeal

This property is a classic one-storey home built in 1970, situated on a notably large, mature lot of over 15,500 square feet in the Betsworth area. Its key appeal lies in the substantial outdoor space, which is significantly larger than most properties in Winnipeg, ranking in the top 2% city-wide for lot size. The home itself features a finished basement and an attached garage, with a practical living space of 1,287 sqft.

The home suits buyers looking for a grounded, long-term family setting with immense potential. It’s ideal for those who value private outdoor room for gardens, play, or future additions more than a large interior footprint. The lot offers a rare blank canvas within the city. While the house itself is of average size for the area and its age suggests some systems may need updating, this is offset by the exceptional land value and the opportunity to customize over time. It’s a solid choice for a handy buyer or a family willing to grow into the space, prioritizing land over immediate turn-key luxury.

Section 2: Frequently Asked Questions

1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in its community, and across all of Winnipeg. For example, its lot size ranks in the top 2% in the city, meaning it's larger than 98% of Winnipeg properties, which is a major standout feature.

2. Is the lot size a development opportunity?
While the lot is exceptionally large, any potential for subdivision or significant new structures would require thorough investigation with the City of Winnipeg's planning department, as local zoning bylaws will dictate what is permissible.

3. How does the 1970 build year affect the home?
Homes from this era often have solid construction but may require attention to original components like windows, roofing, or major mechanical systems (heating, electrical). A thorough inspection is advised to understand the condition and any upcoming capital costs.

4. The assessed value is higher than the 2021 sale price. What does that indicate?
Municipal assessments are for tax purposes and can lag behind market trends. The increase likely reflects general market appreciation and the high value placed on the land. The current list price will be determined by today's market conditions.

5. What is the neighbourhood like?
The Betsworth area offers a established, residential feel. The high lot-size ranking within the community suggests the property is on one of the larger, possibly more private streets in the area, offering a sense of space that might not be found on other blocks nearby.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.