465 Grey Street

Munroe East, Winnipeg

Property score

56.9

Fair

Overall 56.9 · Older than most nearby homes

948 sqft (bottom 36%) · Built in 1956 (4 yrs older than avg)

Located in a above-average income area with median household income of ~80k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 2 parks, and 3 place of worships nearby

Living Area

Below average

6% smaller than neighborhood avg.

Year Built

Below average

4 yrs older than neighborhood avg.

Mother tongue

English · 65%Tagalog · 10%

Past 10 years Munroe East sales snapshot (~80% of all data)

Sold Count

780

Median price

313.8k

$/sqft

$339/sqft

Avg build year

1960

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Property score

56.9 is composed by the two sections below.

Property Score

48.2Low
Living Area948 sqft42Low
Year Built195643Low
Lot Size6,596 sqft85Excellent
Neighbourhood Sales Activity32Low

Community Score

70.0Good
Household Income77Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110692

Community deep dive

$80K

Median household income

$99K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

23%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)600
Labour force participation rate65%
Median age38.0
Avg household size2.6
Unemployment rate7%
Population density3333 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households23%
Couple families with children34%
Median household income (2020)$80K

Housing

Renter households35%
Condominium dwellings0%
Median dwelling value (owners)$278K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority39%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Tagalog · 10%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
948 sqft
0255075100
Same streetBottom 32%Same areaBottom 36%CitywideBottom 21%
Same street · Grey Street
#15 / 22
Bottom 32% · Avg 1,056 sqft
Same area · Munroe East
#1,427 / 2,226
Bottom 36% · Avg 1,009 sqft
Citywide · Winnipeg
#153,474 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
304k
0255075100
Same streetTop 23%Same areaTop 43%CitywideBottom 30%
Same street · Grey Street
#5 / 22
Top 23% · Avg 258.6k
Same area · Munroe East
#957 / 2,226
Top 43% · Avg 293.5k
Citywide · Winnipeg
#135,349 / 194,458
Bottom 30% · Avg 390.1k

Year Built

around average
1956
0255075100
Same streetTop 50%Same areaBottom 24%CitywideBottom 36%

Lot Size

Elite
6,596 sqft
0255075100
Same streetTop 9%Same areaTop 5%CitywideTop 21%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

465 Grey Street — 7 amenities found within 500 m, across 3 categories, including 2 education (nearest 329 m), 2 parks (nearest 182 m).

Search radius
🏫Education2
🌳Parks2
Worship3

Crime & Safety

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%

Sales History

Sold 10/2020CA$250k–300k
Sold price

Same street

Top 43%

Same area

Top 48%

City-wide

Bottom 30%

Related homes

Highlights & common questions: 465 Grey Street, Winnipeg

Property Overview: 465 Grey Street, Winnipeg

Key Characteristics & Appeal

This home at 465 Grey Street in Munroe East presents a compelling case for value-focused buyers, with its standout feature being the generous lot. At nearly 6,600 square feet, the land size is well above average for both the immediate street and the broader neighbourhood, ranking in the top 5% of Munroe East. This offers significant outdoor space and potential for gardening, expansion, or simply enjoying a larger yard—a notable advantage in an established area.

The 948 sqft house itself, built in 1956, offers functional living space that is typical for the local area. Its assessed value is solid for the street, ranking above average among its closest neighbours. The property last sold between 2020 for an estimated $250k-$300k. Its appeal lies in this balance: a home with a manageable footprint on a lot with outsized potential. It would suit a first-time buyer, an investor, or a downsizer looking for a stable neighbourhood property where the true asset is the land itself. A thoughtful buyer might see the larger lot not just as yard space, but as a long-term hedge, providing options that smaller, modern lots simply cannot.


Frequently Asked Questions

1. Is the house small compared to others?
The living area is slightly below the city-wide average but is very much in line with the typical home size in the Munroe East neighbourhood. It represents a practical, efficient layout common for its era.

2. What does the "Elite" ranking for land area mean?
This indicates the property's lot size of 6,596 sqft is in the top 5% of all comparable properties in the Munroe East area. It's a significant asset, meaning you get more land than the vast majority of homes in the neighbourhood.

3. The home was built in 1956. Should I be concerned about its age?
The year of construction is around the local average. While this means prospective buyers should prioritize a thorough inspection for updates to major systems like plumbing, electrical, and the roof, it also reflects the character and established nature of the community.

4. How does the assessed value relate to the likely selling price?
The assessed value (currently $30,400) is for municipal tax purposes and is typically lower than market value. The previous 2020 sale price range ($250k-$300k) is a more relevant, though historical, indicator of market value. Always consult current market comparisons.

5. Why do I have to email to get the exact past sold price?
Sold price data is not always publicly available in Manitoba in a readily accessible format. The provider offers to manually retrieve and share the precise figure from their records upon request as a direct service, without automating the use of your contact information for marketing.

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