Property score
39.6
Below average
Overall 39.6 · Smaller and older than most nearby homes
602 sqft (bottom 1%) · Built in 1920 (40 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 place of worships nearby
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Below average
40 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
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39.6 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: #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
639 Government Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 355 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 1% | Bottom 1% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 639 Government Avenue in Winnipeg's Munroe East neighbourhood presents a distinct profile. Its key characteristic is its compact 602 sqft living space, which is notably smaller than most homes on its street, in the area, and across the city. Built in 1920, it is a century-old property with a very low municipal assessed value of $19,500. The lot size of nearly 5,000 sqft, however, is average for the local area, representing a significant portion of the property's asset value.
Its appeal lies in its ultra-affordable entry point into the Winnipeg market, primarily driven by the land value rather than the existing structure. It suits a very specific type of buyer: an investor, developer, or extremely hands-on homeowner looking for a land-opportunity or a complete renovation project. The price reflects a property where the value is in the potential, not the current condition. A less obvious perspective is that such a low assessment can result in minimal annual property taxes, holding costs for future development.
Frequently Asked Questions
1. Why is the assessed value so much lower than the last sold price range of $100k-$150k?
The municipal assessment reflects the value of the property in its current state for tax purposes. The sold price is a market transaction that may have included the value of future plans, development potential, or specific buyer circumstances not captured in the assessment formula.
2. What does the ranking data mean for "Living Area" and "Year Built"?
The rankings show this home is among the smallest (top 98-99%, meaning only 1-2% are smaller) and oldest properties when compared locally and city-wide. This quantifies that the existing house is not a standard, move-in-ready family home but a niche property.
3. Is the large lot subdividable or suitable for a new build?
While the lot is average for Munroe East, its development potential depends on specific City of Winnipeg zoning bylaws, which govern minimum lot sizes and building setbacks. The lot size suggests potential, but due diligence with the city's planning department is essential.
4. What are the main considerations with a 106-year-old house?
Buyers should budget for and inspect fundamental systems that may be at or beyond their lifespan, including the foundation, plumbing, electrical wiring, and roof. Renovation costs can quickly surpass the purchase price.
5. How reliable are the nearby "similar assessed value" properties for comparison?
Those listings show properties with a similar municipal assessed value, not market value. Many are condo units, which illustrates how this single-family home's assessment is comparable to a condo's, highlighting its unique status as a land-heavy asset with a minimal structure.
