Property score
44.3
Below average
Overall 44.3 · Smaller than most nearby homes
759 sqft (bottom 29%) · Built in 1931 (3 yrs older than avg)
Located in a above-average income area with median household income of ~79k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 bank/ATM nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 80%Tagalog · 3%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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44.3 is composed by the two sections below.
Property Score
Community Score
Chalmers
How to read: Share of sales in each ~$50k price band for “chalmers” (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: #46110897
$79K
Median household income
$94K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
35%
Single-person households
23%
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
224 Munroe Avenue — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 477 m), 1 education (nearest 425 m), 1 parks (nearest 397 m).
Chalmers · WPS public data · 2026
Annual incidents
67
2026
vs. city avg
+127%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
51%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 25% | Top 47% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 224 Munroe Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1931 on a standard-sized lot in the Chalmers neighbourhood. Its key practical features include a renovated basement and a detached garage. The home’s primary appeal lies in its value proposition and potential. With a modest living area of 759 sq ft and a below-average assessed value, it presents an accessible entry point into the Winnipeg market. The renovated basement adds functional living space, a significant asset in a smaller home.
This property would suit first-time buyers or investors looking for a straightforward, lower-maintenance footprint without a major renovation project. Its size and price point also make it a candidate for those interested in a "house hacking" strategy, using the basement as a separate rental unit to offset costs. A less obvious perspective is its positioning within its immediate area: while the home is smaller than most on its own street, it is more aligned with the average in the broader Chalmers neighbourhood, suggesting it fits the local community fabric well. It’s a home for pragmatic buyers who see utility and opportunity over sheer size.
Section 2: Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal, separate suite. Buyers should verify its compliance with local zoning and licensing regulations if considering rental use.
2. How does the sale price compare to the assessed value?
The home last sold in January 2022 for $200,000, which is significantly higher than its current assessed value of $18,300. This is not unusual, as municipal assessed value for tax purposes is not a direct indicator of market value. The sale price gives a more recent benchmark.
3. What is the neighbourhood like?
Located in Chalmers, the home is on a street with properties of varying sizes and ages. Metrics indicate the home itself is more typical of the wider neighbourhood than it is of its specific street, which has larger lots on average.
4. What are the implications of the home's smaller living area?
At 759 sq ft, the living space is compact. The renovated basement is therefore a crucial functional addition. Buyers should consider if the main-floor layout and total usable space meet their long-term needs.
5. Is the detached garage in good condition?
The listing confirms a detached garage but does not detail its condition, size, or features. This would be an important point for inspection, especially given the age of the property.
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