Property score
56.6
Fair
Overall 56.6 · Smaller than most nearby homes
912 sqft (bottom 23%) · Built in 1959 (1 yr older than avg)
Located in a above-average income area with median household income of ~80k
Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 2 parks, and 3 place of worships nearby
Living Area
Below average
10% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 65%Tagalog · 10%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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56.6 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: #46110692
$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
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
474 London Street — 8 amenities found within 500 m, across 3 categories, including 3 education (nearest 249 m), 2 parks (nearest 195 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 | Top 8% | Top 6% | Top 37% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 39% | Top 40% | Bottom 34% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 37% | Top 45% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 474 London Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct value proposition centered on its generous lot. Built in 1959, the 912 sqft house is modest in size, ranking below average for living space both on its street and in the broader Munroe East area. However, it sits on a 6,045 sqft lot that is notably larger than most in the neighbourhood, ranking in the top 10-18% locally. This creates a clear opportunity: the value here is primarily in the land, offering space for gardening, expansion, or future redevelopment.
Its appeal lies in this potential. The assessed value is strong for the area (top 20% in Munroe East), suggesting the property is already recognized for its underlying value. Recent sale history shows a significant price increase between 2020 and 2022, indicating growing market interest.
This property would best suit a practical buyer who sees beyond the current footprint. It’s ideal for someone looking for a starter home with room to grow outdoors, an investor considering the lot’s future potential, or a buyer comfortable with a smaller, older house who prioritizes private outdoor space over interior square footage.
Section 2: Frequently Asked Questions
1. Is the house small compared to others on the street?
Yes. With 912 sqft of living area, it ranks in the bottom 11% (97 out of 109) on London Street, where the average home is about 1,047 sqft.
2. What is the main advantage of this property?
The lot size. At over 6,000 sqft, the land area is well above the neighbourhood average, placing it in the top 10% for Munroe East. This is the property's standout feature.
3. How does its assessed value compare?
It's above average for the immediate Munroe East area (top 20%), but around the middle of the pack when compared just to London Street or city-wide. This suggests the assessment reflects the desirable lot size within the local context.
4. The home is older. Is that typical for the area?
Built in 1959, it is older than most on its specific street. However, it is actually around the average age for the wider Munroe East neighbourhood and the city overall, so its vintage is not unusual in the broader context.
5. What does the sale history tell us?
The home sold in 2019, 2020, and most recently in 2022 for an estimated $350k-$400k. The jump from the $250k-$300k range in the prior sales indicates a sharp increase in market value over a short period, aligning with its strong assessed value for the area.
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