53 Pike Crescent

Munroe East, Winnipeg

Property score

44.1

Below average

Overall 44.1 · Smaller but newer than most nearby homes

696 sqft (bottom 6%) · Built in 1969 (9 yrs newer than avg)

Located in a above-average income area with median household income of ~69.5k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 6 parks, and 1 place of worship nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 52%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

44.1 is composed by the two sections below.

Property Score

26.7Low
Living Area696 sqft15Low
Year Built196952Fair
Lot Size3,448 sqft38Low
Neighbourhood Sales Activity32Low

Community Score

70.1Good
Household Income70Good
Education Level72Good
Housing Stress63Fair
Core Housing Need76Good
Employment Health68Good

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: #46110795

Community deep dive

$70K

Median household income

$74K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

32%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)636
Labour force participation rate63%
Median age36.4
Avg household size2.2
Unemployment rate5%
Population density6360 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households32%
Couple families with children20%
Median household income (2020)$70K

Housing

Renter households65%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)48%
Visible minority53%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 51%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

around average
696 sqft
0255075100
Same streetTop 45%Same areaBottom 6%CitywideBottom 4%
Same street · Pike Crescent
#22 / 49
Top 45% · Avg 880 sqft
Same area · Munroe East
#2,103 / 2,226
Bottom 6% · Avg 1,009 sqft
Citywide · Winnipeg
#187,497 / 194,458
Bottom 4% · Avg 1,342 sqft

Tax-Assessed Value

below average
249k
0255075100
Same streetBottom 27%Same areaBottom 19%CitywideBottom 17%
Same street · Pike Crescent
#36 / 49
Bottom 27% · Avg 286.8k
Same area · Munroe East
#1,803 / 2,226
Bottom 19% · Avg 293.5k
Citywide · Winnipeg
#161,585 / 194,458
Bottom 17% · Avg 390.1k

Year Built

above average
1969
0255075100
Same streetTop 47%Same areaTop 19%CitywideTop 49%

Lot Size

around average
3,448 sqft
0255075100
Same streetBottom 39%Same areaBottom 12%CitywideBottom 18%

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

53 Pike Crescent — 10 amenities found within 500 m, across 3 categories, including 3 education (nearest 364 m), 6 parks (nearest 179 m).

Search radius
🏫Education3
🌳Parks6
Worship1

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 9/2020CA$200k–250k
Sold price

Same street

Bottom 27%

Same area

Bottom 14%

City-wide

Bottom 12%

Related homes

Highlights & common questions: 53 Pike Crescent, Winnipeg

Property Overview: 53 Pike Crescent, Winnipeg

Key Characteristics & Appeal

This is a compact, single-family home built in 1969 on a standard city lot in the Munroe East neighbourhood. At 696 square feet, the living space is notably efficient—it ranks well within its immediate street but is smaller than most homes in the wider area and city. This creates a distinct profile: it’s a more modestly scaled property in a neighbourhood of generally larger homes.

The primary appeal lies in its affordability and manageability. With an assessed value significantly below area and city averages, it presents a lower financial barrier to entry for homeownership in Winnipeg. The lot size, while smaller than the neighbourhood average, still provides usable outdoor space without the burden of extensive maintenance.

This property would suit first-time buyers seeking a foothold in the market, downsizers looking to reduce living space and property upkeep, or pragmatic investors interested in a rental property with a relatively low tax assessment. Its size and value position it as a practical, no-frills option rather than a premium property, offering utility over grandeur.


Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value (listed as $24,900) is for municipal tax purposes only. The market value—what a buyer would pay—is typically much higher, as indicated by the home’s last sold price range of $200k-$250k in 2020.

2. How does the smaller living area impact daily living?
The 696 sqft layout requires efficient use of space. It’s workable for individuals, couples, or those comfortable with compact living, but may feel constrained for families or those with a lot of belongings. It encourages a minimalist lifestyle.

3. The home is older. What should I be prepared for?
Built in 1969, major systems like roofing, plumbing, and electrical are likely original or nearing the end of their service life. A thorough inspection is crucial, and budgeting for updates or repairs should be part of your planning.

4. Why is the assessed value so much lower than the city average?
The assessed value reflects this specific home’s characteristics—its smaller size, age, and lot—compared to the broader market. It doesn’t mean the property is deficient, but it does result in a proportionally lower property tax bill, which is a tangible benefit.

5. How does this property compare to others on the same street?
On Pike Crescent, this home is fairly average in terms of age and lot size, but it has less living space and a lower assessed value than most of its direct neighbours. This suggests it’s one of the more modest homes on the block.

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