Property score
63.8
Fair
Overall 63.8 · Compared with neighbourhood average
1,038 sqft (top 41%) · Built in 1959 (1 yr older than avg)
Located in a above-average income area with median household income of ~86k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 4 schools, 2 parks, and 2 place of worships nearby
Living Area
Near average
3% larger than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 71%Tagalog · 6%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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63.8 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: #46110693
$86K
Median household income
$92K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
22%
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
480 Besant Street — 8 amenities found within 500 m, across 3 categories, including 4 education (nearest 167 m), 2 parks (nearest 403 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 5% | Top 1% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 480 Besant Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home, built in 1959, presents a solid, no-frills opportunity in Winnipeg's Munroe East neighbourhood. Its primary appeal lies in the balance it strikes between a modestly sized house and a significantly above-average lot. With 1,038 sqft of living space, the home itself is typical for the area, but the 6,497 sqft land parcel stands out, ranking in the top 10% on its street and top 6% in Munroe East. This generous outdoor space is a clear asset, offering room for gardening, expansion, or simply more privacy than smaller lots allow.
The property’s assessed value is notably strong for its immediate vicinity, suggesting it is well-maintained or has features that add perceived value relative to its neighbours. A recent sale in the $400k-$450k range in 2023 further indicates active market interest.
This property would best suit practical buyers who value land over lavish interiors. It’s ideal for a first-time homeowner comfortable with a home of a classic, older layout, a hands-on buyer looking for a project with room to grow outdoors, or an investor who recognizes the inherent value in a larger lot within a mature community. It offers a foothold in the market with the potential for future value growth through land utilization.
Section 2: Frequently Asked Questions
1. Is the house in need of major updates?
As a home built in 1959, prospective buyers should budget for updates consistent with its age. The systems (plumbing, electrical, roof) and interior finishes likely require modernization or will in the near future, which is typical for houses of this vintage.
2. What makes the lot size so significant?
The lot is over 6,400 sqft, which is substantially larger than many in the area. This isn't just about a bigger yard; it can provide better drainage, more distance from neighbours, and future possibilities like adding a garage, workshop, or even a secondary suite (subject to zoning approval).
3. Why is the assessed value higher than the neighbourhood average?
A higher assessment compared to direct neighbours often reflects factors like the sizable lot, recent improvements, or overall condition that the city assessor has noted. It’s a positive sign of the property’s standing but should be verified with a current home inspection.
4. How does the 2023 sale price help me?
That sale establishes a recent market value benchmark, showing what a buyer was willing to pay just two years ago. It provides a crucial data point for understanding current value, though market conditions may have shifted since.
5. What is the Munroe East neighbourhood like?
Munroe East is a established, no-fuss residential area. The data shows homes here are generally of similar age and size, indicating a neighbourhood of consistent character. Its appeal is in its practicality and community stability rather than high-end amenities.
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