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
43 Garvie Bay — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 46 m), 1 education (nearest 340 m), 2 healthcare (nearest 69 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%
43 Garvie Bay: 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
This two-storey home at 43 Garvie Bay in Winnipeg's Munroe East neighbourhood presents a practical and value-oriented opportunity. Built in 1978, its key appeal lies in a desirable combination of a renovated basement and a land size that is well above average for its immediate area. With 2,609 sqft of land, the property ranks in the top 5% of lot sizes within the wider neighbourhood, offering notable outdoor space potential in a mature community.
The home itself, at 952 sqft of living space, is modestly sized but sits on a generous lot. Its assessed value is notably lower than many nearby comparables, which may indicate different factors at play and warrants closer investigation. This profile would suit first-time buyers seeking a foothold in a stable area with room to grow, or value-focused investors attracted by the land-to-structure ratio and the appeal of a move-in-ready basement. It’s a property where the long-term value may be anchored more in its land and location than in its current footprint.
Frequently Asked Questions
1. Why is the assessed value significantly lower than nearby homes?
While the exact reason isn't specified, a lower assessment can stem from various factors, including the home's smaller living area compared to others, the specific methodology used for assessment, or updates not yet fully reflected. It's a key point to discuss with your realtor.
2. What does "renovated basement" typically mean here?
The listing confirms the basement is renovated, but the scope and quality of finishes are not detailed. Buyers should inquire about permits, the nature of the renovation (cosmetic vs. structural), and whether it created legal secondary suites or additional living space.
3. Is the lack of a garage a major concern?
The property has no garage, which is common for many homes of this era in the area. The large lot (top 5% in the neighbourhood) does offer potential for adding a garage or dedicated parking space in the future, subject to municipal bylaws.
4. How does the age of the home (1978) affect maintenance?
A home of this age is likely to have had major components updated. Prospective buyers should prioritize inspection reports on the roof, windows, plumbing, electrical, and the foundation to understand upcoming capital expenditures.
5. The lot is large, but how is the neighbourhood for families?
Munroe East is a mature, established neighbourhood. The large lot size is a standout feature offering private outdoor space. Families should research local schools, parks, and amenities to ensure they fit their lifestyle, as the home's interior space is more compact.
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