Property score
54.6
Fair
Overall 54.6 · Smaller than most nearby homes
816 sqft (bottom 14%) · 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
Below average
19% 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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54.6 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
514 Marsden Street — 10 amenities found within 500 m, across 3 categories, including 5 education (nearest 114 m), 2 parks (nearest 430 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 | Bottom 12% | Bottom 26% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 514 Marsden Street, Winnipeg
Key Characteristics & Appeal
This 816 sqft bungalow, built in 1959, sits on a just-under 5,000 sqft lot in Munroe East. Its core appeal lies in being a modest, entry-level property with a very low municipal assessed value ($27,800), which suggests a correspondingly affordable price point and lower property taxes. The home is notably smaller than most on its street and in the wider city, positioning it as a true starter home or a strategic investment property.
The data reveals some thoughtful perspectives: while the house itself is compact, its lot size is quite typical for the immediate Munroe East area. Furthermore, it is one of the newer homes on Marsden Street, which may imply newer major systems or less immediate concern for some age-related issues common in older Winnipeg homes. It last sold in 2019, and its assessed value sits around the neighborhood average, indicating stability rather than outlier status.
This property would best suit first-time buyers prioritizing affordability and getting into the market, or investors looking for a rental property with a manageable overhead. It is less suited for those needing ample indoor living space or a premium lot size.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on municipal valuation for tax purposes, not market sale price. This value is in line with the Munroe East neighborhood average, but is far below the city-wide average because that average includes much newer, larger, and higher-value homes from across all Winnipeg districts.
2. How does the smaller living area impact daily life and value?
At 816 sqft, the home requires efficient use of space and is ideal for individuals, couples, or small families. While it limits room for growth, it also translates to lower utility costs and less maintenance. Value-wise, it places the property in a specific, affordable market segment.
3. What does it mean that the home is "newer" on its street?
Built in 1959, it ranks in the top 20% for year built on Marsden Street. This suggests that, compared to its immediate neighbors, it may have had updates over the years or feature construction methods and materials from a slightly later era, which can be a relative advantage.
4. Is the lot size a disadvantage?
At 4,953 sqft, the lot is smaller than others on Marsden Street but is actually around the average for the broader Munroe East area. It provides a standard outdoor space for a city lot—adequate for a garden, patio, and parking, but not for extensive expansions or additions.
5. How can I find out the exact historical sale prices?
The exact sold prices are not published in the public record. You can request the accurate sale history by emailing via the provided form on the listing page; the service provides the data manually without using your email for marketing.
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