467 Grey Street

Munroe East, Winnipeg

Property score

60.5

Fair

Overall 60.5 · Older than most nearby homes

1,052 sqft (top 31%) · 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: 3 schools, 2 parks, and 3 place of worships nearby

Living Area

Near average

4% larger 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

60.5 is composed by the two sections below.

Property Score

54.2Fair
Living Area1,052 sqft52Fair
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
1,052 sqft
0255075100
Same streetBottom 45%Same areaTop 31%CitywideBottom 34%
Same street · Grey Street
#12 / 22
Bottom 45% · Avg 1,056 sqft
Same area · Munroe East
#679 / 2,226
Top 31% · Avg 1,009 sqft
Citywide · Winnipeg
#129,083 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
314k
0255075100
Same streetTop 9%Same areaTop 31%CitywideBottom 34%
Same street · Grey Street
#2 / 22
Top 9% · Avg 258.6k
Same area · Munroe East
#688 / 2,226
Top 31% · Avg 293.5k
Citywide · Winnipeg
#129,291 / 194,458
Bottom 34% · 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

467 Grey Street — 8 amenities found within 500 m, across 3 categories, including 3 education (nearest 309 m), 2 parks (nearest 170 m).

Search radius
🏫Education3
🌳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 4/2021CA$250k–300k
Sold price

Same street

Bottom 43%

Same area

Bottom 45%

City-wide

Bottom 27%

Related homes

Highlights & common questions: 467 Grey Street, Winnipeg

Property Overview: 467 Grey Street, Winnipeg

Key Characteristics & Appeal

This 1956-built home in Munroe East presents a compelling case for value-focused buyers, with its standout feature being an exceptionally large lot. At nearly 6,600 square feet, the land size ranks in the top 5% of the local area, offering rare potential for expansion, gardening, or outdoor living that is hard to find in the city. The house itself, at just over 1,050 square feet of living space, is modest and typical for the neighbourhood, suggesting a home that may require updates but sits on a premium parcel of land.

Its appeal lies in this land-to-building ratio. The assessed value is strong for its immediate street, ranking in the top 9%, which indicates the municipal assessment recognizes the underlying property value. This combination suits a practical buyer—perhaps a first-time homeowner willing to renovate over time, a family looking for a spacious yard, or an investor who recognizes the long-term value of land. It’s a property where the true asset is the ground it sits on, offering a blank canvas relative to the lot's size.

Frequently Asked Questions

1. What does the "Elite" ranking for Land Area actually mean?
It means this property's lot size of 6,596 sqft is larger than 95% of comparable homes in the Munroe East area. It's a notably spacious plot for this neighbourhood.

2. The home was last sold between 2021-2025 for an estimated $250k-$300k. How can I get the exact price?
The exact sale price is not publicly listed online. You can request it directly via the form on this page. The service manually provides the accurate figure by email, typically by the end of the same day, with no marketing spam.

3. The assessed value seems low compared to the city-wide average. Why?
The city-wide average assessed value (shown as $390k) is skewed by much newer or larger homes across all of Winnipeg. A more relevant comparison is the Munroe East area average of $29.4k; this property's assessment of $31.4k is slightly above that local benchmark.

4. Is the 1956 build date a concern?
The year is typical for the street but older than many in the broader Munroe East area. This suggests that while the structure is not new, it fits the character of Grey Street. A pre-purchase inspection would be advisable to understand the condition of major systems like plumbing, electrical, and the roof.

5. How can I visually compare this property to its neighbours?
Use the "Open neighbourhood map analysis" link provided. This tool lets you see nearby houses on a map and directly compare details like year built, lot size, and assessed value.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.