768 Municipal Road

Betsworth, Winnipeg

Property score

79.0

Good

Overall 79.0 · Older than most nearby homes

1,424 sqft (top 44%) · Built in 1970 (8 yrs older than avg)

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

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

Living Area

Near average

2% 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

79.0 is composed by the two sections below.

Property Score

71.8Good
Living Area1,424 sqft75Good
Year Built197052Fair
Lot Size11,753 sqft97Excellent
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
1,424 sqft
0255075100
Same streetTop 31%Same areaTop 44%CitywideTop 34%
Same street · Municipal Road
#33 / 105
Top 31% · Avg 1,338 sqft
Same area · Betsworth
#646 / 1,485
Top 44% · Avg 1,455 sqft
Citywide · Winnipeg
#66,941 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
450k
0255075100
Same streetTop 25%Same areaTop 41%CitywideTop 28%
Same street · Municipal Road
#26 / 105
Top 25% · Avg 418.2k
Same area · Betsworth
#614 / 1,485
Top 41% · Avg 458k
Citywide · Winnipeg
#55,153 / 194,458
Top 28% · Avg 390.1k

Year Built

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

Lot Size

Elite
11,753 sqft
0255075100
Same streetTop 40%Same areaTop 15%CitywideTop 4%

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

768 Municipal Road — 4 amenities found within 500 m, across 3 categories, including 2 education (nearest 306 m), 1 parks (nearest 475 m).

Search radius
🏫Education2
🌳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

768 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: 768 Municipal Road, Winnipeg

Property Overview

This 1970-built bungalow at 768 Municipal Road offers a classic and practical living arrangement on a notably large, 11,753 sqft lot in Betsworth. Its key appeal lies in the combination of a fully finished basement, single-level living, and an expansive private yard that provides significant space and potential. The property consistently ranks highly within its community and across Winnipeg for its above-average lot size and assessed value, suggesting a solid, established presence in the area.

It is ideally suited for first-time buyers or downsizers seeking the ease of a bungalow layout with immediate move-in readiness, thanks to the finished basement adding valuable living space. The generous lot will also attract buyers with green thumbs, those desiring ample outdoor room for children or pets, or anyone viewing the land itself as a long-term asset with potential for gardening, expansion, or simply enjoying private space in the city.

Key Details & Questions

  • Key Characteristics: 1,424 sqft bungalow with a fully finished basement and an attached garage. The standout feature is the large, 11,753 sqft lot.
  • Primary Appeal: A turnkey home with single-level living, extra finished space below, and exceptional outdoor space on a property that ranks in the top tiers of the neighborhood for lot size and value.
  • Ideal Buyer: Perfect for those seeking low-maintenance living (like first-time buyers or downsizers) or anyone prioritizing a large, private yard over a larger house footprint.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings show this property is highly competitive for its lot size and assessed value within its broader area, placing it in the top 15% of the neighborhood and top 4% city-wide for land. This indicates a premium, sizable parcel. Note that the house itself, while spacious enough for a bungalow, is newer than only about 18% of homes in the immediate community.

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. Buyers should verify its compliance with local regulations if considering rental income, as finishing does not automatically equate to a permitted suite.

3. What are the implications of a 1970 build year?
Homes from this era often have solid construction but may have original components, like windows, roofing, or the heating system, nearing or due for updates. A thorough inspection is advised to budget for potential modernizations.

4. How might the large lot affect costs and upkeep?
While offering great space, a lot of this size means higher municipal taxes (reflected in the assessment) and requires more time or expense for landscaping, lawn care, and snow clearing compared to a standard city lot.

5. Why is the assessed value a useful metric here?
The assessment ($450,000) places this home in the top 25% of its street and top 26% city-wide for value, which often correlates with desirable location, lot characteristics, or property condition. It serves as a strong baseline for the property's municipal valuation, though market value can differ.

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