Property score
54.9
Fair
Overall 54.9 · Compared with neighbourhood average
1,025 sqft (top 35%) · Built in 1921 (13 yrs older than avg)
Located in a above-average income area with median household income of ~79k
Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 3 schools, 1 park, and 1 bank/ATM nearby
Living Area
Near average
8% larger than neighborhood avg.
Year Built
Near average
13 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
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
Free · No credit card required
54.9 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
232 Munroe Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 480 m), 3 education (nearest 389 m), 1 parks (nearest 433 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 18% | Top 50% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 232 Munroe Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, early 20th-century home (built 1921) in the Chalmers neighbourhood, presenting a practical and straightforward opportunity. Its key features include a renovated basement, detached garage, and a one-and-a-half storey layout with 1,025 sqft of living space—which is notably above average for its immediate street. The lot size is modest at just under 3,000 sqft.
The primary appeal lies in its value proposition and practicality. With a historically low sale price and assessed value significantly below the Winnipeg average, it represents one of the most accessible entry points into homeownership in the city. The renovated basement adds functional living space without the immediate need for investment. Its appeal is grounded in necessity rather than luxury, suited for first-time buyers, investors seeking a rental property, or those looking to minimize housing costs. A less obvious perspective is that its older vintage and smaller scale could mean lower utility costs and simpler upkeep compared to larger, newer homes, aligning with a minimalist or budget-conscious lifestyle.
Frequently Asked Questions
1. Is this a "teardown" or redevelopment property?
While the lot size is below average for the street, the home itself has maintained utility with a renovated basement. It may attract some interest for land value, but its livable condition suggests it's more likely to be used as-is or with gradual updates rather than an immediate redevelopment project.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This should be a key point of inquiry to understand if it’s a finished living space, a rental suite, or simply updated utilities and storage.
3. How does the assessed value compare to the likely market price?
The assessed value is very low ($21,800), and it last sold for $19,500 in 2016. These figures are for municipal tax purposes and are not market valuations. The actual sale price will be determined by current market conditions, but these numbers indicate a very low-cost property.
4. What are the implications of the home's age (105 years)?
A home built in 1921 requires a diligent inspection. While it offers classic character, potential buyers should budget for and investigate updates to major systems like wiring, plumbing, and the foundation, which may be original or partially updated.
5. Who would this property not suit?
It would likely not meet the needs of buyers seeking modern, turn-key finishes, ample outdoor space, or a large floor plan. The compact living area and modest lot are best suited for individuals, couples, or small families with modest spatial requirements.
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.
