685 Moncton Avenue

Munroe East, Winnipeg

Property score

45.9

Below average

Overall 45.9 · 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 ~85k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 1 park, and 3 place of worships nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Below average

13 yrs older than neighborhood avg.

Mother tongue

English · 64%Tagalog · 10%

Past 10 years Munroe East sales snapshot (~80% of all data)

Sold Count

780

Median price

313.8k

$/sqft

$339/sqft

Avg build year

1960

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Property score

45.9 is composed by the two sections below.

Property Score

29.8Low
Living Area700 sqft22Low
Year Built194730Low
Lot Size4,995 sqft60Fair
Neighbourhood Sales Activity32Low

Community Score

70.1Good
Household Income79Good
Education Level44Low
Housing Stress74Good
Core Housing Need76Good
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110694

Community deep dive

$85K

Median household income

$81K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.3

P90 / P10 ratio

24%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)412
Labour force participation rate63%
Median age39.6
Avg household size2.5
Unemployment rate7%
Population density4120 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households24%
Couple families with children27%
Median household income (2020)$85K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$290K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority37%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Tagalog · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
700 sqft
0255075100
Same streetBottom 16%Same areaBottom 6%CitywideBottom 4%
Same street · Moncton Avenue
#185 / 220
Bottom 16% · Avg 1,012 sqft
Same area · Munroe East
#2,091 / 2,226
Bottom 6% · Avg 1,009 sqft
Citywide · Winnipeg
#186,863 / 194,458
Bottom 4% · Avg 1,342 sqft

Tax-Assessed Value

below average
229k
0255075100
Same streetBottom 25%Same areaBottom 11%CitywideBottom 13%
Same street · Moncton Avenue
#166 / 220
Bottom 25% · Avg 268.2k
Same area · Munroe East
#1,971 / 2,226
Bottom 11% · Avg 293.5k
Citywide · Winnipeg
#169,413 / 194,458
Bottom 13% · Avg 390.1k

Year Built

around average
1947
0255075100
Same streetBottom 39%Same areaBottom 9%CitywideBottom 24%

Lot Size

around average
4,995 sqft
0255075100
Same streetTop 45%Same areaBottom 45%CitywideBottom 44%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

685 Moncton Avenue — 7 amenities found within 500 m, across 3 categories, including 3 education (nearest 223 m), 1 parks (nearest 451 m).

Search radius
🏫Education3
🌳Parks1
Worship3

Crime & Safety

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%

Sales History

Sold 5/2016CA$150k–200k
Sold price

Same street

Bottom 13%

Same area

Bottom 4%

City-wide

Bottom 7%

Related homes

Highlights & common questions: 685 Moncton Avenue, Winnipeg

Property Overview: 685 Moncton Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 685 Moncton Avenue in Munroe East is a classic, no-frills property that presents a clear value proposition. Built in 1947, it’s a smaller home at 700 sqft, sitting on a slightly larger-than-average lot for the immediate street (4,995 sqft). Its assessed value is notably below average for the neighbourhood and city, indicating a lower property tax burden and a potentially accessible entry point into the market.

The primary appeal lies in its fundamentals: a substantial lot for the area and a very low assessed value. This combination suggests an opportunity for a buyer comfortable with a home that may require updates, or for someone seeking to minimize ongoing holding costs. It would suit a pragmatic first-time buyer, an investor looking for a land-value play, or a downsizer prioritizing lot size and location over interior square footage. A thoughtful perspective is that its below-average metrics across the board aren’t just drawbacks—they represent a buffer from the premium prices of more updated homes, offering space to build equity through renovations without overcapitalizing for the area.

Section 2: Frequently Asked Questions

1. What does the "below average" ranking for Living Area actually mean?
It means this 700 sqft home is smaller than most comparable homes. In Munroe East, it ranks in the bottom 6% for size, which is a key factor in its lower assessed value.

2. Why is the Assessed Value so much lower than the city-wide average?
The city-wide average assessed value includes all property types and sizes. A more relevant comparison is the Munroe East neighbourhood average of about $29.4k; this home’s assessment of $22.9k is below that, likely due to its smaller size and older age.

3. The home sold between $150k-$200k in 2016. What is it worth now?
The provided sold price is historical data from 2016. Current market value would depend on present market conditions, the property’s state, and recent comparable sales. The exact sold price for that transaction can be requested via the website.

4. Is the larger lot size a significant advantage?
Potentially, yes. While the home is small, the lot is over 10% larger than the street average. This offers more outdoor space and could provide future flexibility, such as for an addition or garden, which is less common on smaller lots in the area.

5. The home was built in 1947. Should I be concerned about major issues?
As with any home of this age, a thorough inspection is essential. Its age is typical for the street but older than the neighbourhood average. The key will be understanding the condition and age of major systems like the roof, wiring, and plumbing.

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