Property score
44.0
Below average
Overall 44.0 · Smaller but newer than most nearby homes
696 sqft (bottom 6%) · Built in 1969 (9 yrs newer than avg)
Located in a above-average income area with median household income of ~75k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Above average
9 yrs newer than neighborhood avg.
Mother tongue
English · 67%Tagalog · 12%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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44.0 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: #46110936
$75K
Median household income
$77K
Average household income
15%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
30%
Single-person households
26%
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
471 Gateway Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 435 m), 2 parks (nearest 430 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 12% | Bottom 13% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 471 Gateway Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 471 Gateway Road is a compact, modestly assessed property in Winnipeg's Munroe East neighbourhood. Its key characteristic is its smaller scale: at 696 sqft of living space on a 3,399 sqft lot, it is notably below the average size for the street, area, and city. Built in 1969, it is relatively newer than many nearby homes. The assessed value of $240K is also below local averages.
The appeal lies in its position as an accessible entry point into the market. It suits first-time buyers, downsizers, or investors seeking a lower-cost property with manageable upkeep. Its newer build date (compared to neighbours) may suggest fewer immediate major updates. A thoughtful perspective is that this property represents efficiency over expanse; it’s for a buyer whose priority is securing a location within a community rather than a large footprint, potentially freeing up budget for personalization or savings.
Section 2: Frequently Asked Questions
1. How does the smaller size impact value and livability?
While the living area is compact, the property offers functional homeownership. It may appeal to those seeking efficient use of space and lower utility costs, but buyers should ensure the layout meets their needs.
2. The assessed value is below area averages. Is this an advantage?
Yes, it typically translates to lower property taxes, which is a ongoing financial benefit. It also indicates a potentially more affordable purchase price relative to the neighbourhood.
3. The lot is smaller than others. What does this mean for me?
The yard requires less maintenance, which can be a plus for those with busy lifestyles or who prefer low-upkeep living. However, it may limit expansion possibilities or extensive outdoor activities.
4. The home was last sold between 2020-2025 for an estimated $200K-$250K. How can I get the exact price?
The exact sold price is available upon request. You can provide your email via the listing page to receive the precise figure manually, typically by the end of the same day.
5. How does the 1969 build year compare, and what might it imply?
Being built several years later than many homes on the street could mean construction methods or components (like electrical or plumbing) are of a slightly newer standard, though a professional inspection is always recommended to confirm condition.
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