43.8
Below average
Property score
43.8
Below average
Overall 43.8
Smaller and older than most nearby homes
700 sqft (bottom 6%)
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
31% smaller 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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43.8 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
649 Moncton Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 251 m), 1 parks (nearest 479 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 11% | Bottom 4% | Bottom 7% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 1% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 649 Moncton Avenue, Winnipeg
Key Characteristics & Appeal
This is a modest, post-war bungalow built in 1947, situated on a standard-sized lot in the Munroe East neighbourhood. Its key characteristic is its affordability, underscored by a notably low municipal assessed value that places it in the bottom 10% of homes both locally and city-wide. The living space of 700 sq. ft. is compact, ranking well below the average for the area, indicating a home suited for essential living rather than spaciousness.
The primary appeal lies in its position as a genuine entry-point into homeownership. It represents a low-barrier financial commitment, potentially appealing to first-time buyers, investors seeking a rental property, or those looking to downsize with minimal overhead. The lot size is average for the street, offering standard outdoor space for its setting. A thoughtful perspective is that a home of this vintage and scale often presents an opportunity for gradual, sweat-equity improvements. Its recent sale history suggests it has been transacted as a value-driven asset rather than a renovated showcase, making it a canvas for a buyer's own vision, provided they are prepared for the realities of maintaining a nearly 80-year-old structure.
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 attributes—its smaller size, age, and likely its condition and features relative to the broader market. It reflects its value for municipal tax purposes, not necessarily its potential market sale price, though the two are often correlated.
2. Is the 700 sq. ft. living area workable for a small family?
It is very compact. While it may function for a single person or a couple, a small family would find the space limiting. It would require efficient use of space and likely lacks the multiple bedrooms and separate living areas common in larger homes.
3. What should I consider about a house built in 1947?
Homes from this era may have older electrical systems, plumbing, insulation, and windows. A thorough home inspection is crucial to understand the condition and anticipate potential maintenance or upgrade costs, which can be significant.
4. The sold price history shows a range of $150k-$200k. Why such a broad estimate?
Public records often provide price ranges to protect precise transaction details. The range indicates the general market bracket the home has sold within. For the exact historical sale price, you would need to request that information directly from the listing service.
5. How does this property compare to its immediate neighbours?
The data shows it is very consistent with the street in terms of lot size and age. However, its living area is smaller than the street average, and its assessed value is among the lowest on the block, suggesting it may be more modest in scale or finish than surrounding homes.
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