Property score
55.0
Fair
Overall 55.0 · Smaller and older than most nearby homes
937 sqft (bottom 29%) · Built in 1949 (11 yrs older than avg)
Located in a above-average income area with median household income of ~75k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 1 park, and 2 place of worships nearby
Living Area
Below average
7% smaller than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 12%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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55.0 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: #46110936
$75K
Median household income
$77K
Average household income
15%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
30%
Single-person households
26%
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
656 Munroe Avenue — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 140 m), 1 parks (nearest 351 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 46% | Bottom 31% | Bottom 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 656 Munroe Avenue, Winnipeg
Key Characteristics & Appeal
This 1949-built home in Munroe East presents a classic Winnipeg profile with a distinct advantage. Its 937 sqft living space is typical for the street but modest compared to wider city averages. The standout feature is the 6,213 sqft lot, which is significantly larger than most in the immediate area and neighbourhood, ranking in the top 11% on its own street. This creates valuable outdoor space and potential not found in many comparable properties.
The home’s appeal lies in its balance and opportunity. With an assessed value that is average for the street but below average for the broader city, it represents an accessible entry point into the market. The combination of a standard-sized home on a much larger-than-average lot is particularly suited to buyers who value space for gardens, recreation, or future expansion over a large interior footprint. It would suit a first-time buyer, an investor, or a downsizer looking for a manageable home with generous outdoor space and a stable, established neighbourhood character. A thoughtful perspective is that this property offers the "raw material" – a sizable lot in a mature area – which can be more valuable long-term than a newer home on a standard lot, depending on the buyer's vision.
Frequently Asked Questions
1. How does the lot size compare to nearby homes?
The lot is a key feature. At 6,213 sqft, it is notably larger than the average lot on Munroe Avenue (~4,570 sqft) and in the Munroe East area (~4,958 sqft).
2. What is the likely condition of a home built in 1949?
Built 77 years ago, this home is older than most in the city. Prospective buyers should budget for and prioritize a thorough inspection to understand the condition of major systems like plumbing, electrical, and the roof, which may be due for updates or replacement.
3. Why is the assessed value so much lower than the city-wide average?
The city-wide average assessed value is skewed by newer, larger homes in different market segments. This home’s assessment is more aligned with its immediate neighbourhood and reflects factors like its age, size, and local market conditions.
4. Can I find out the exact price it last sold for?
The public data shows a sale between CA$200k–250k in 2021. The listing service notes that the exact sale price can be provided upon request via email.
5. What does the "below average" living area ranking mean for daily life?
With 937 sqft, the living space is functional but efficient. It suggests a layout typical of its era, possibly with fewer but larger rooms compared to modern open-concept designs. Buyers should consider if the layout and square footage meet their needs for privacy and common living areas.
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