504 Besant Street

Munroe East, Winnipeg

Property score

60.2

Fair

Overall 60.2 · Smaller than most nearby homes

900 sqft (bottom 20%) · Built in 1959 (1 yr older than avg)

Located in a above-average income area with median household income of ~86k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 4 schools, 1 park, and 3 place of worships nearby

Living Area

Below average

11% smaller 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)

Sold Count

780

Median price

313.8k

$/sqft

$339/sqft

Avg build year

1960

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Property score

60.2 is composed by the two sections below.

Property Score

47.6Low
Living Area900 sqft42Low
Year Built195943Low
Lot Size6,048 sqft81Excellent
Neighbourhood Sales Activity32Low

Community Score

79.0Good
Household Income79Good
Education Level63Fair
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110693

Community deep dive

$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

Population, labour & age

Population (2021)565
Labour force participation rate65%
Median age44.4
Avg household size2.5
Unemployment rate3%
Population density2973 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households22%
Couple families with children26%
Median household income (2020)$86K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority30%
Bachelor's or higher (25–64)31%
Mother tongue (1st)English · 70%
Mother tongue (2nd)Tagalog · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
900 sqft
0255075100
Same streetBottom 6%Same areaBottom 20%CitywideBottom 17%
Same street · Besant Street
#49 / 52
Bottom 6% · Avg 1,020 sqft
Same area · Munroe East
#1,770 / 2,226
Bottom 20% · Avg 1,009 sqft
Citywide · Winnipeg
#162,141 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
319k
0255075100
Same streetTop 31%Same areaTop 25%CitywideBottom 35%
Same street · Besant Street
#16 / 52
Top 31% · Avg 301.1k
Same area · Munroe East
#561 / 2,226
Top 25% · Avg 293.5k
Citywide · Winnipeg
#126,091 / 194,458
Bottom 35% · Avg 390.1k

Year Built

around average
1959
0255075100
Same streetTop 35%Same areaTop 40%CitywideBottom 40%

Lot Size

above average
6,048 sqft
0255075100
Same streetTop 25%Same areaTop 8%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

504 Besant Street — 8 amenities found within 500 m, across 3 categories, including 4 education (nearest 139 m), 1 parks (nearest 336 m).

Search radius
🏫Education4
🌳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 12/2023CA$250k–300k
Sold price

Same street

Top 50%

Same area

Top 40%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 504 Besant Street, Winnipeg

Property Overview: 504 Besant Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 1959-built home in Munroe East presents a distinct value proposition centered on its land. The 900 sqft living area is modest, ranking below average for the street, neighborhood, and city. However, it sits on a substantial 6,048 sqft lot, which is notably larger than most in the immediate area, ranking in the top 8% within Munroe East. The assessed value is relatively low and stable, positioned above average for the neighborhood but around average citywide. A recent sale occurred between 2023 for an estimated $250k-$300k.

The primary appeal lies in the potential of the property rather than its current structure. It suits a specific buyer: someone looking for a footprint in a mature neighborhood with room to grow, whether through expansion, gardening, or future redevelopment. It’s a practical entry point into homeownership for a budget-conscious buyer willing to live with a smaller footprint or an investor recognizing the value of the land. The charm is not in luxury finishes but in opportunity—the chance to add value over time on a generous lot in an established community.

Section 2: Frequently Asked Questions

1. Is the house in need of major updates?
Given its age (built 1959) and below-average living area, buyers should budget for updates. The systems, roof, and windows typical of a home from this era may require attention or modernization.

2. Why is the assessed value so much lower than the recent sale price?
Municipal assessed value for tax purposes often lags behind market value and is calculated using different metrics. The 2023 sale price reflects what a buyer was willing to pay in the open market, which can be influenced by factors like lot size, condition, and demand that aren't fully captured in the assessment.

3. What does having a larger lot in this neighborhood mean for me?
It offers more private outdoor space than is typical here and provides flexibility. This could mean room for a larger garage, a sizeable garden, play area, or even future additions, subject to local zoning bylaws.

4. How does the living area compare to nearby homes?
At 900 sqft, the home is smaller than most direct comparisons. On Besant Street, comparable homes average about 1,020 sqft, and the citywide average is 1,342 sqft. This indicates a cozy, efficient layout.

5. Can I find out the exact price it sold for in 2023?
The public data shows a range. The listing service offers to provide the exact sold price via email upon request, as this detailed transaction data is not freely published.

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