Property score
63.1
Fair
Overall 63.1 · Compared with neighbourhood average
1,000 sqft (bottom 49%) · 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: 5 schools, 2 parks, and 3 place of worships nearby
Living Area
Near average
1% 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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63.1 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
509 Marsden Street — 10 amenities found within 500 m, across 3 categories, including 5 education (nearest 163 m), 2 parks (nearest 454 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 13% | Top 5% | Top 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1,000 sqft bungalow at 509 Marsden Street, built in 1959, presents a straightforward opportunity in Winnipeg's Munroe East neighbourhood. Its key appeal lies in its above-average land size for the area (5,824 sqft) and a recent sale price that suggests strong demand. The home sits on a street of similar properties, offering a sense of consistency, while its lot size ranks in the top 15% locally, hinting at valuable outdoor space or future potential relative to nearby homes. The assessed value is notably higher than many immediate neighbours, which can indicate recent updates or a premium lot condition.
It would suit a practical buyer looking for a solid post-war home in an established area, possibly a first-time homeowner or an investor. The larger lot is a standout for someone valuing private outdoor space or considering long-term value. The recent sale history shows active interest, making it a candidate for someone seeking a move-in-ready property without the unpredictability of a slow market.
1. How does the home’s size compare to others nearby?
At 1,000 sqft, the living area is very close to the average for both Marsden Street and the wider Munroe East area, making it a typical-sized home for this neighbourhood.
2. Why is the assessed value higher than many neighbours?
The assessed value ranks in the top 23% on its street. This can be due to factors like property condition, specific improvements, or its desirable lot size, which may be valued above others in the immediate area.
3. What does the lot size mean for potential buyers?
The lot of 5,824 sqft is larger than approximately 85% of lots in Munroe East. This offers more yard space than is typical locally, which could be appealing for gardening, expansion, or simply having more privacy.
4. Is the 1959 build date a concern?
The home is older than most on its street but is average for the wider area. Buyers should budget for maintenance consistent with a home of this age, but its established neighbourhood often means mature infrastructure and landscaping.
5. How competitive was its recent sale?
The sale price from 2024 placed it in the top 5% for the Munroe East area, indicating it was a highly sought-after property compared to similar local sales at that time.
