Property score
54.6
Fair
Overall 54.6 · Larger but older than most nearby homes
1,092 sqft (top 19%) · Built in 1947 (13 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, 1 park, and 1 place of worship nearby
Living Area
Above average
8% larger than neighborhood avg.
Year Built
Below average
13 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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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: #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
640 Moncton Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 245 m), 1 parks (nearest 459 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 48% | Bottom 28% | Bottom 20% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Bottom 16% | Bottom 13% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 25% | Bottom 11% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 640 Moncton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home, built in 1947, presents a practical opportunity in Winnipeg's Munroe East neighbourhood. Its key appeal lies in offering more space than many comparable properties, both inside and out. With 1,092 square feet of living area, it ranks in the top 25% on its street and top 19% in the local area for size. The lot is also generous at nearly 5,000 square feet, providing above-average outdoor space for the immediate area.
The property’s assessed value is notably below average for the city and the neighbourhood. This, combined with its consistent sale history within the $200k-$250k range in recent years, suggests it represents a more accessible entry point into the market. The home suits first-time buyers or practical investors looking for a solid footprint and yard in an established area without a premium price tag. It’s a property where value is derived from usable space and lot potential rather than modern finishes or a recent build date, making it ideal for those comfortable with a home of this era or seeing value in a renovation project.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific characteristics and recent market values in its area. For this home, factors like its 1947 build date and the prevailing values in Munroe East result in an assessment that is below the Winnipeg average, which can be an advantage for property tax calculations.
2. How does the lot size compare to newer homes?
While the lot is above average for its street, it is around the median size for the Munroe East area and slightly below the city-wide average for all homes. This is typical for established neighbourhoods, where lots are often more compact than in newer suburban developments.
3. The home sold several times recently. Is that a concern?
The property sold in 2019, 2020, and 2022, each time within a similar price range. This could indicate a number of routine scenarios, such as investor turnover or previous buyers' circumstances changing. It does not inherently signal a problem with the property itself.
4. What does the "below average" ranking for Year Built mean?
A ranking in the 91st percentile for Year Built in Munroe East means about 91% of homes in the area are newer. Simply put, this is one of the older homes in the neighbourhood. This is a key consideration for maintenance and potential updates, but also contributes to its character and lower assessed value.
5. Where does the true value in this property lie?
The value appears to be in its space. You are acquiring more living area and a larger lot than many neighbours, at a price point that is below average for the wider city. This creates a value proposition centered on square footage and land, making it a canvas for personalization or a straightforward home with room to grow.
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