Property score
58.8
Fair
Overall 58.8 · Larger and newer than most nearby homes
1,056 sqft (top 29%) · Built in 1970 (10 yrs newer than avg)
Located in a above-average income area with median household income of ~66k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 1 shop, and 5 parks nearby
Living Area
Above average
5% larger than neighborhood avg.
Year Built
Above average
10 yrs newer than neighborhood avg.
Mother tongue
English · 48%Punjabi · 21%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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58.8 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: #46111175
$66K
Median household income
$65K
Average household income
15%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
26%
Single-person households
28%
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
229 Kisil Bay — 11 amenities found within 500 m, across 6 categories, including 2 dining (nearest 375 m), 1 education (nearest 415 m), 1 shopping (nearest 329 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 15% | Bottom 5% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 229 Kisil Bay in Winnipeg's Munroe East neighbourhood presents a specific and practical value proposition. Built in 1970, it is a 1,056 sqft house on a 4,029 sqft lot. Its appeal is rooted in its position as a relatively spacious and newer home within its immediate area, coupled with a notably low municipal assessed value. This combination suggests a property that may offer more interior space for the dollar compared to many nearby homes, but likely requires consideration of its condition and potential updates.
The home would suit practical, value-conscious buyers such as first-time homeowners or investors looking for a footprint larger than typical city condos or newer infill properties. It's particularly relevant for someone prioritizing interior space over a large yard within a mature neighbourhood. A less obvious perspective is that its "Elite" ranking for year built on its street indicates it might be one of the most modern structures in that specific block, potentially meaning fewer immediate concerns with outdated building materials common to earlier eras.
1. Why is the assessed value so much lower than the city-wide average?
Municipal assessed value is used for tax purposes and is not market value. A low assessment often reflects the home's age, condition, and features relative to newer or renovated homes city-wide. It can result in lower property taxes, which is a financial positive, but buyers should base their offer on recent comparable sales and a professional appraisal.
2. How does the living area compare to nearby homes?
The living area is above average for both Kisil Bay and the broader Munroe East area. This means you are likely getting more interior space than many neighbours, which is a key advantage. However, city-wide, it is around average, providing a balanced sense of scale.
3. What does the "Elite" ranking for year built mean?
On Kisil Bay, this home is ranked 1 out of 34 for its year built (1970). This simply means it is one of the newest houses on that specific street. It doesn't imply luxury, but rather suggests it may have a construction era newer than many direct neighbours.
4. What is the likely price range based on past sales?
The home sold between $150,000 and $200,000 in 2018. The current market value will depend on market conditions, any changes made to the property since then, and its present condition. This historical data provides a baseline, but a current market evaluation is essential.
5. Is the lot size a limitation?
At just over 4,000 sqft, the lot is around average for the street but below average for the area and city. This means outdoor space is adequate but not expansive. It suits those who prefer lower yard maintenance but may not be ideal for those wanting extensive gardening, privacy, or room for large additions.
