Property score
59.5
Fair
Overall 59.5 · 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 ~86k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 4 schools, 2 parks, 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 · 71%Tagalog · 6%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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59.5 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
505 Marsden Street — 9 amenities found within 500 m, across 3 categories, including 4 education (nearest 165 m), 2 parks (nearest 455 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 38% | Top 50% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 505 Marsden Street, Winnipeg
Key Characteristics & Appeal
This 948 sqft bungalow, built in 1959, sits on a notably generous 5,824 sqft lot in the Munroe East neighbourhood. Its primary appeal lies in a combination of solid value and above-average land size for the immediate area. While the living space is modest and slightly below the citywide average, the property holds a strong assessed value position within its own street and neighbourhood, ranking in the top 22%. This suggests it is a well-regarded home in its local context.
The home would suit first-time buyers or downsizers looking for a manageable footprint with the bonus of a larger yard for gardening, pets, or future expansion. It also represents a practical entry point into a stable neighbourhood. A thoughtful perspective is that this property offers more outdoor space than many in Munroe East, providing a relative rarity—room to breathe—without a premium typically attached to larger lots in other areas. Its consistent assessment history indicates a stable, predictable investment rather than a speculative play.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot of 5,824 sqft is above average for the Munroe East area, ranking in the top 15% locally. This is one of the property's standout features compared to its immediate neighbours.
2. Is the assessed value high for the area?
Yes. With an assessed value of $32.30k, this home ranks in the top 19% on its street and top 22% in the Munroe East area, indicating it is assessed more highly than many comparable local properties.
3. What is the recent sales history?
The property was last sold between 2019 and 2025, with a recorded price range of CA$250k–300k. For the exact sale price and date, you can request the information directly via the provided email service.
4. How does the living space compare to a typical Winnipeg home?
At 948 sqft, the living area is below the Winnipeg citywide average of approximately 1,342 sqft for comparable homes. It is more in line with the averages for Munroe East and the immediate street.
5. What does the "ranking" data mean for future value?
The rankings show how this property compares to peers on specific metrics. Its strong assessment and lot size rankings within the neighbourhood suggest underlying value drivers, while the modest living area ranking highlights a potential area for modernization or an addition to align with broader market expectations.
