Property score
55.1
Fair
Overall 55.1 · Smaller but newer than most nearby homes
800 sqft (bottom 10%) · Built in 2003 (43 yrs newer than avg)
Located in a above-average income area with median household income of ~75k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Above average
43 yrs newer than neighborhood avg.
Mother tongue
English · 67%Tagalog · 12%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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55.1 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: #46110936
$75K
Median household income
$77K
Average household income
15%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
30%
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
513 Gateway Road — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 342 m), 1 parks (nearest 446 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 50% | Bottom 38% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
513 Gateway Road is an 800 sqft bungalow built in 2003, situated on a 3,746 sqft lot in Winnipeg's Munroe East neighbourhood. Its assessed value is $27,900. The home presents a specific value proposition, standing out primarily for its modern build year compared to its surroundings.
Key Characteristics & Appeal
The primary appeal of this property lies in its relative newness. Built in 2003, it is significantly newer than most homes in its immediate area and across Winnipeg, ranking in the top 2% of its local neighbourhood and top 7% on its street for year built. This suggests potentially lower immediate maintenance costs and more modern building standards than older, average-area homes.
Its appeal is one of practicality and efficiency rather than size or luxury. The living space is compact, below the city-wide average, which translates to lower utility costs and easier upkeep. The lot size is also manageable, reducing landscaping demands. The assessed value is notably below city-wide averages, indicating a potentially accessible entry point into the market.
This home would best suit first-time buyers or downsizers seeking a low-maintenance, modern-built home without a large footprint. It’s for a buyer who prioritizes a newer structure in a stable neighbourhood over expansive square footage, and who sees value in a home that stands out from the much older housing stock typical of the area.
1. Why is the assessed value so much lower than the average sold price from 2017?
The assessed value ($27,900) is for municipal tax purposes and is not a market valuation. The sold price from 2017 ($250k-$300k) reflects the actual market value at that time. This large discrepancy is normal; tax assessments in the area are typically a fraction of a home's market price.
2. What does the "Elite" ranking for Year Built actually mean?
It means this home is newer than approximately 98% of the properties in the Munroe East area. Where many neighbouring homes were built in the 1960s or earlier, this 2003 build is a notable exception, offering more contemporary construction.
3. Is the smaller living area a concern?
It depends on your needs. At 800 sqft, it's efficient and cost-effective to heat and maintain. However, it is below the average for the city, street, and area, so buyers needing ample space for a growing family or home offices should carefully consider the floor plan.
4. How does this property compare to its direct neighbours?
The data shows it is very comparable in assessed value and land size to the homes directly surrounding it on Gateway Road. Its key differentiator is its age—it is likely one of the newest homes on the block.
5. What are the main trade-offs with this property?
You are trading square footage and lot size for a much newer build. You get a modern home structure with potentially fewer age-related issues, but with less indoor and outdoor space than many other homes in the wider city market.
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