693 Munroe Avenue

Munroe East, Winnipeg

Property score

69.1

Good

Overall 69.1 · Larger and newer than most nearby homes

1,373 sqft (top 3%) · Built in 2022 (62 yrs newer than avg)

Located in a above-average income area with median household income of ~85k

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

Living Area

Above average

36% larger than neighborhood avg.

Year Built

Above average

62 yrs newer 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

69.1 is composed by the two sections below.

Property Score

68.4Good
Living Area71
1,373 sqftGood
Year Built100
2022Excellent
Lot Size28
2,501 sqftLow
Neighbourhood Sales Activity32
Low

Community Score

70.1Good
Household Income79
Good
Education Level44
Low
Housing Stress74
Good
Core Housing Need76
Good
Employment Health68
Good

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

Elite
1,373 sqft
0255075100
Same streetTop 5%Same areaTop 3%CitywideTop 37%
Same street · Munroe Avenue
#9 / 189
Top 5% · Avg 951 sqft
Same area · Munroe East
#73 / 2,226
Top 3% · Avg 1,009 sqft
Citywide · Winnipeg
#72,100 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

Elite
364k
0255075100
Same streetTop 3%Same areaTop 4%CitywideTop 49%
Same street · Munroe Avenue
#6 / 189
Top 3% · Avg 261.6k
Same area · Munroe East
#88 / 2,226
Top 4% · Avg 293.5k
Citywide · Winnipeg
#95,199 / 194,458
Top 49% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 1%

Lot Size

below average
2,501 sqft
0255075100
Same streetBottom 2%Same areaBottom 2%CitywideBottom 5%

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

693 Munroe Avenue — 7 amenities found within 500 m, across 3 categories, including 3 education (nearest 143 m), 1 parks (nearest 371 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 2/2023CA$350k–400k
Sold price

Same street

Top 6%

Same area

Top 7%

City-wide

Top 38%

Related homes

Highlights & common questions: 693 Munroe Avenue, Winnipeg

Property Overview

This two-storey home at 693 Munroe Avenue is a modern residence in Winnipeg's Munroe East neighbourhood. Built in 2022, it offers a move-in-ready condition with the benefit of a new home's major systems and minimal immediate maintenance. Its 1,373 sqft of living space is complemented by a full, unfinished basement, presenting a blank canvas for future expansion. The property stands out on its street with a lot size that ranks in the top 2%, providing above-average outdoor space for the area. A detached garage adds practical storage or parking.

Its appeal lies in its balance of new construction and established community. Buyers avoid the wait and uncertainties of building, yet still secure a contemporary layout and modern efficiencies. The home suits first-time buyers seeking a worry-free start, small families appreciating the newer build and room to grow into the basement, or investors looking for a modern rental property with lower upkeep costs. A thoughtful perspective is its potential as a "strategic hold" in a neighbourhood of older homes; as one of the newest on the block, it may age well relative to its peers, appealing to those who value a relative sense of modernity in a mature area.


Frequently Asked Questions

How does the assessed value relate to the likely selling price?
The assessed value of $36,400 is for municipal tax purposes and is typically much lower than market value. The home last sold for $380,000 in early 2023, which is a more relevant benchmark for current market value.

What does the "unfinished basement" entail?
The basement is fully excavated and included, but its space is unfinished. This means it has raw concrete walls and floors, with plumbing and electrical rough-ins likely in place, offering the next owner a cost-effective opportunity to customize additional living space to their needs.

Is the property significantly newer than others in the area?
Yes. Built in 2022, it is one of the newest homes on its street, ranking in the top 2% by year built. This is a key differentiator in a neighbourhood predominantly featuring homes from the mid-20th century.

How does the lot size compare?
The 2,501 sqft lot is notably larger than most on Munroe Avenue, ranking in the top 2% for the street. This provides more private outdoor space than is typical for the immediate area.

What is the neighbourhood character?
Munroe East is a long-established, residential neighbourhood. The presence of this new build alongside older homes suggests an area in a gradual state of renewal, offering a mix of character and modern convenience.