Property score
44.6
Below average
Overall 44.6 · Newer than most nearby homes
886 sqft (bottom 47%) · Built in 1953 (19 yrs newer than avg)
Located in a average-income area with median household income of ~47.6k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 9 schools, 1 shop, and 2 place of worships nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Above average
19 yrs newer than neighborhood avg.
Mother tongue
English · 69%Tagalog · 7%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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44.6 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: #46110893
$48K
Median household income
$61K
Average household income
23%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
54%
Single-person households
16%
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
448 Munroe Avenue — 12 amenities found within 500 m, across 3 categories, including 9 education (nearest 62 m), 1 shopping (nearest 338 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 | Top 21% | Top 10% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 448 Munroe Avenue in Winnipeg's Chalmers neighbourhood presents a practical and well-situated opportunity. Built in 1953, it sits on a roughly average-sized lot for the street and area. The home's key updated feature is its renovated basement, adding valuable finished space to the 886 sqft main floor. It includes a detached garage. The property last sold in July 2020 for $290,000, and its current assessed value is notably above average for both the immediate street and the broader Chalmers area.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance of a solid location, recent updates, and manageable scale. The renovated basement is a significant functional upgrade, effectively expanding the living space without the need for immediate investment. Its assessed value ranking suggests it is viewed favorably compared to many neighbouring properties, which can be a point of confidence.
This home would suit first-time buyers or downsizers looking for a move-in-ready property with foundational work already addressed. It’s also a sensible fit for an investor seeking a stable rental in an established neighbourhood. The lot size offers typical outdoor space for the area without demanding extensive upkeep. A less obvious perspective is that while the living area is modest city-wide, its above-average valuation in the local context highlights the premium placed on the specific street and the renovated condition, rather than sheer size.
Frequently Asked Questions
1. How does the property compare to others on the street?
The home ranks above average in assessed value on Munroe Avenue, indicating it is considered a higher-value property on the street. Its lot and living area are generally comparable to nearby homes.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finish quality, permits, and the nature of the renovations (e.g., waterproofing, layout, materials used).
3. Is the price fair based on its last sale?
The home sold for $290,000 in July 2020. Market conditions have shifted since then, so the current asking price should be evaluated against recent comparable sales in Chalmers, not just its previous sale price.
4. What is the neighbourhood like?
Chalmers is an established neighbourhood in Winnipeg. The property's assessed value ranks in the top 9% for the area, suggesting it is in a desirable pocket. Prospective buyers should explore the specific block and nearby amenities to gauge fit.
5. What are the potential downsides of an older home like this?
While the basement is renovated, a home built in 1953 will have aging core components. A thorough inspection should focus on the roof, foundation, plumbing, electrical systems, and the detached garage's condition, which may require attention despite the interior updates.
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