484 London Street

Munroe East, Winnipeg

Property score

56.6

Fair

Overall 56.6 · Compared with neighbourhood average

948 sqft (bottom 36%) · Built in 1959 (1 yr older than avg)

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

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 1 park, and 3 place of worships nearby

Living Area

Below average

6% 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)

Sold Count

780

Median price

313.8k

$/sqft

$339/sqft

Avg build year

1960

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Property score

56.6 is composed by the two sections below.

Property Score

47.6Low
Living Area42
948 sqftLow
Year Built43
1959Low
Lot Size81
6,046 sqftExcellent
Neighbourhood Sales Activity32
Low

Community Score

70.0Good
Household Income77
Good
Education Level44
Low
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health68
Good

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 27%Same areaBottom 36%CitywideBottom 21%
Same street · London Street
#80 / 109
Bottom 27% · Avg 1,047 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
316k
0255075100
Same streetBottom 43%Same areaTop 29%CitywideBottom 34%
Same street · London Street
#62 / 109
Bottom 43% · Avg 319.4k
Same area · Munroe East
#642 / 2,226
Top 29% · Avg 293.5k
Citywide · Winnipeg
#128,013 / 194,458
Bottom 34% · Avg 390.1k

Year Built

around average
1959
0255075100
Same streetBottom 11%Same areaTop 40%CitywideBottom 40%

Lot Size

above average
6,046 sqft
0255075100
Same streetTop 14%Same areaTop 9%CitywideTop 30%

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

484 London Street — 7 amenities found within 500 m, across 3 categories, including 3 education (nearest 166 m), 1 parks (nearest 200 m).

Search radius
🏫Education3
🌳Parks1
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 8/2016CA$250k–300k
Sold price

Same street

Bottom 24%

Same area

Bottom 40%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 484 London Street, Winnipeg

Property Overview & Appeal

This home at 484 London Street in Winnipeg's Munroe East neighbourhood presents a specific value proposition centered on its generous lot. The 948 sqft house, built in 1959, is modest in size and age compared to many local and city-wide averages. However, its primary asset is a 6,046 sqft land area, which is notably larger than most lots on its street and in the broader area. This creates a clear contrast: a smaller, older home on a spacious parcel of land.

The appeal lies in this potential. It suits a buyer comfortable with a home that may require updates, but who prioritizes outdoor space for gardening, recreation, or future expansion. It’s a practical entry point into homeownership in a mature neighbourhood, where the value is anchored more in the land than the existing structure. The assessed value is solid for the area, suggesting a stable, no-frills investment. This property would best suit a handy buyer, an investor looking for a land-value play, or a first-time purchaser willing to trade interior square footage for a larger yard.

Frequently Asked Questions

1. Is the house in need of major renovation?
Given its 1959 build date—older than most on its street—some updates are likely. Prospective buyers should budget for modernizations, though the solid assessed value indicates a structurally sound foundation.

2. Why is the assessed value so much lower than the city-wide average?
The city-wide average includes homes of all types, sizes, and newer neighbourhoods. This assessment reflects the home's smaller size, age, and its specific local market in Munroe East, which is actually above average for the area.

3. What are the real advantages of the larger lot?
Beyond extra yard space, a larger lot in an established neighbourhood offers rare potential for additions, a detached garage, or landscaping projects that wouldn't be possible on a standard lot. It provides flexibility and a sense of privacy.

4. How does the last sold price compare to today's value?
It last sold between $250k-$300k in 2016. Market conditions have changed since, so this provides a historical baseline, but a current appraisal or comparative market analysis is needed to determine today's value.

5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request the precise history via email from the listing service, which provides the information manually without marketing spam.