788 Municipal Road

Betsworth, Winnipeg

Property score

64.2

Fair

Overall 64.2 · Smaller and older than most nearby homes

802 sqft (bottom 1%) · Built in 1971 (7 yrs older than avg)

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

Transit 76.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 1 park, and 1 place of worship nearby

Living Area

Below average

45% smaller than neighborhood avg.

Year Built

Below average

7 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

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

64.2 is composed by the two sections below.

Property Score

47.2Low
Living Area32
802 sqftLow
Year Built58
1971Fair
Lot Size97
11,766 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

89.7Excellent
Household Income90
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

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

below average
802 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 9%
Same street · Municipal Road
#105 / 105
Bottom 1% · Avg 1,338 sqft
Same area · Betsworth
#1,468 / 1,485
Bottom 1% · Avg 1,455 sqft
Citywide · Winnipeg
#176,569 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
435k
0255075100
Same streetTop 29%Same areaTop 47%CitywideTop 31%
Same street · Municipal Road
#30 / 105
Top 29% · Avg 418.2k
Same area · Betsworth
#694 / 1,485
Top 47% · Avg 458k
Citywide · Winnipeg
#60,386 / 194,458
Top 31% · Avg 390.1k

Year Built

above average
1971
0255075100
Same streetTop 30%Same areaBottom 25%CitywideTop 47%

Lot Size

Elite
11,766 sqft
0255075100
Same streetTop 39%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

788 Municipal Road — 4 amenities found within 500 m, across 3 categories, including 2 education (nearest 373 m), 1 parks (nearest 386 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

Sold 11/2016CA$300k–350k
Sold price

Same street

Bottom 25%

Same area

Bottom 15%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 788 Municipal Road, Winnipeg

Property Overview: 788 Municipal Road, Winnipeg

This Betsworth bi-level home presents a unique opportunity on a large, private lot. Its appeal lies in the balance of established neighborhood character, generous outdoor space, and specific amenities that cater to a particular lifestyle. The home itself, built in 1971, features a finished basement and a modest 802 sqft of living space, but is distinguished by its nearly 11,766 sqft lot and an in-ground swimming pool.

The property would best suit buyers who prioritize land and recreation over square footage. It's ideal for someone seeking a private backyard oasis for family summers, or for a hands-on owner who sees potential in the existing structure and land. The data suggests it's a home with strong fundamentals in its location (ranking highly within Winnipeg for lot size and assessed value), but one that may appeal more to a value-conscious buyer or an investor looking for a property with land-based potential rather than a move-in-ready showcase.

Key Characteristics & Ideal Buyer

  • Spacious Lot & Outdoor Focus: The nearly quarter-acre lot is the star here, offering exceptional privacy and room for gardening, play, or expansion. The in-ground pool transforms the yard into a private summer retreat, a rare find that adds significant lifestyle value.
  • Established & Efficient Footprint: The bi-level design and modest main-floor living area suggest a home that is efficient to maintain and heat. The finished basement adds practical living space. It's a layout that works well for smaller households or those who spend more time outdoors.
  • Value & Potential: With an assessment significantly higher than its last sale price in 2016, the property appears to hold solid intrinsic value for its lot and location. It represents an entry point into a well-ranked neighborhood for buyers comfortable with a home that may require personalization or updates. The very high city-wide rankings for lot size (top 4%) and assessed value (top 28%) indicate a property that outperforms most in Winnipeg on these key metrics.

This home is not for those seeking ample above-grade square footage or a modern, open-concept layout. Instead, it perfectly suits a buyer who values land, privacy, and the classic Canadian summer experience a pool provides, and who views the house itself as a solid canvas.


Frequently Asked Questions

1. How does the smaller living area (802 sqft) work with a finished basement?
The bi-level design typically places the main living areas on one level and bedrooms on another, with the basement adding recreational or utility space. The finished basement effectively doubles the usable space, making the home feel larger than the main-floor square footage suggests, though ceiling heights and layout are key to see in person.

2. What should I consider with a 55-year-old home and a pool?
A professional inspection is crucial. Focus should be on major systems (roof, foundation, plumbing, electrical) due to the home's age, and a specialized pool inspection to assess the equipment, liner/concrete, and safety compliance. Budgeting for ongoing maintenance for both is essential.

3. The lot is large, but what are the costs and rules for using it?
A lot of this size means higher property taxes and potentially more work for upkeep (lawn care, landscaping). You should check with the city for any zoning bylaws regarding future sheds, garages, or additions, and review neighborhood covenants, if any, regarding pools and fences.

4. The assessed value is $435K; what does that mean for my offer?
Municipal assessments are for tax purposes and reflect a mass appraisal from a prior date. They are a useful data point but not a direct market valuation. Your offer should be based on a current market analysis, the home's condition, recent comparable sales, and the unique value of the pool and lot size.

5. Why are the rankings for "Living Area" so low, while "Land Area" is so high?
This highlights the property's unique profile. It ranks low for interior space because many homes have larger footprints. However, it ranks exceptionally high for land because very few properties in the city offer a lot of this size. This data clearly shows you are buying primarily for the land and outdoor potential.