Property score
48.7
Below average
Overall 48.7 · Smaller and older than most nearby homes
832 sqft (bottom 15%) · Built in 1952 (8 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 place of worships nearby
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 72%Tagalog · 5%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
48.7 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: #46110697
$72K
Median household income
$87K
Average household income
17%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
28%
Single-person households
24%
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
638 Prince Rupert Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 385 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 48% | Top 38% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 638 Prince Rupert Avenue, Winnipeg
Key Characteristics & Appeal
This home at 638 Prince Rupert Avenue is a practical, no-frills property that represents an accessible entry point into Winnipeg’s Munroe East neighborhood. Built in 1952, it’s a classic post-war bungalow with 832 square feet of living space, which is notably compact compared to most area and city-wide averages. Its primary appeal lies in its substantial 5,004 sqft lot, which is above average for its immediate street and provides valuable outdoor space and future potential in a city where land is a key asset.
The home’s assessed value is significantly below average at $25,600, indicating a very modest property from a municipal tax perspective. Recent sales data suggests it sold in the $250k-$300k range in 2024, positioning it as one of the more affordable detached housing options available. This property would best suit a first-time buyer, an investor looking for a rental property, or a hands-on individual seeking a functional home with a large yard. Its value proposition is rooted in land ownership and location rather than the size or condition of the dwelling itself, making it a project-oriented or value-conscious purchase.
Frequently Asked Questions
1. Why is the assessed value so much lower than the likely sale price?
Municipal assessed value is used for calculating property taxes and is not intended to reflect current market value. It is based on a mass appraisal system and can lag behind rapid market changes, especially in transitioning neighborhoods.
2. The living space seems small. Is expansion possible?
The lot size is well above average for the street, which is a key advantage. This provides a realistic opportunity for a future addition, a large garage, or garden space, subject to local zoning and permit approvals.
3. What does the "below average" ranking for Year Built mean for me?
Built in 1952, this home is older than many on its street and in the area. This typically suggests that major components like the roof, windows, plumbing, or electrical may be at or beyond their expected lifespan, so a thorough inspection is crucial to understand potential update costs.
4. The home sold recently. What does the sales data indicate?
The 2024 sale in the $250k-$300k range placed it in the middle of the pack city-wide but below average for the Munroe East area. This reinforces its profile as a more affordable option within the neighborhood, likely due to its smaller size and older condition.
5. Is this a good investment property?
Its low assessed value suggests relatively lower property taxes, which improves cash flow for a rental. The affordable entry price and large lot offer two paths for investment return: steady rental income or future value increase through renovation or redevelopment.
