Property score
50.2
Fair
Overall 50.2 · Newer than most nearby homes
952 sqft (bottom 38%) · Built in 1978 (18 yrs newer than avg)
Located in a above-average income area with median household income of ~66k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, and 3 parks nearby
Living Area
Below average
6% smaller than neighborhood avg.
Year Built
Above average
18 yrs newer than neighborhood avg.
Mother tongue
English · 79%Tagalog · 6%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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50.2 is composed by the two sections below.
Property Score
Community Score
Munroe East
How to read: Share of sales in each ~$50k price band for “munroe east” (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: #46110791
$66K
Median household income
$68K
Average household income
22%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
22%
Single-person households
22%
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
22 Price Drive — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 195 m), 1 education (nearest 230 m), 2 healthcare (nearest 221 m).
Munroe East · WPS public data · 2026
Annual incidents
33
2026
vs. city avg
+12%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
52%
22 Price Drive: 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 952 sqft bungalow at 22 Price Drive in Winnipeg's Munroe East neighborhood presents a straightforward, low-maintenance living option. Built in 1978, its key appeal lies in its relative newness compared to other homes in the immediate area; it ranks in the top 4% for year built on its street and in the neighborhood, suggesting it may have fewer age-related issues than many nearby properties. The home sits on a modest 2,518 sqft lot, which translates to less yard work. Its assessed value is notably below the Winnipeg city average, indicating a potentially accessible entry point into the market.
The property would suit first-time buyers or downsizers seeking an affordable, manageable home without the upkeep of a larger lot or an older structure. Its appeal is practical rather than luxurious, focusing on value and convenience. A thoughtful perspective is that while the lot is small by city standards, this creates a low-maintenance lifestyle that can free up time and resources. Additionally, its assessed value being "below average" in the broader market isn't necessarily a negative; it reflects the home's positioning as an attainable, no-frills option in a stable neighborhood.
Frequently Asked Questions
1. Is this a good value for a first-time buyer?
Based on the data, yes. The assessed value is significantly below the Winnipeg city average, and the home is newer than most in its immediate vicinity. This combination often represents a cost-effective entry point with potentially lower immediate repair costs.
2. What are the main trade-offs with this property?
The primary trade-off is space. Both the living area (952 sqft) and the land area are below average, especially when compared to the wider city. You're gaining affordability and a newer build, but with less indoor and outdoor room.
3. The lot size seems small. What does that mean for me?
It means minimal yard maintenance, which is a benefit for those seeking a lock-and-leave lifestyle or who don't want gardening chores. The downside is limited space for expansions, large decks, or extensive private outdoor living.
4. How does the assessed value relate to the likely selling price?
Assessed value is for municipal tax purposes and is not a market appraisal. However, it is a useful benchmark. A value consistently below area and city averages suggests the home is likely to be priced competitively in its market segment.
5. Why is the year built highlighted as a key feature?
In a neighborhood with many older homes, a 1978 build date is a relative advantage. It often implies more modern construction standards, wiring, and insulation compared to mid-century homes, which can mean fewer major system updates for the buyer.
