Property score
50.5
Fair
Overall 50.5 · Smaller than most nearby homes
865 sqft (bottom 18%) · Built in 1958 (2 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 1 park, and 4 place of worships nearby
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 64%Tagalog · 10%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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50.5 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: #46110694
$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
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
716 Government Avenue — 8 amenities found within 500 m, across 3 categories, including 3 education (nearest 280 m), 1 parks (nearest 491 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 16% | Top 15% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 716 Government Avenue, Winnipeg
Key Characteristics & Appeal
This 865 sqft bungalow, built in 1958, sits on a 4,496 sqft lot in the Munroe East neighbourhood. Its core appeal lies in its balance of a modest, manageable home with a proportionally generous lot, offering clear value and potential. The home's assessed value ranks notably high for its immediate street, suggesting it is viewed favourably compared to its closest neighbours. While the living space is compact relative to area averages, this translates to lower utility costs and less upkeep—a practical advantage. The property last sold in the $350k-$400k range in 2022.
This home would suit first-time buyers seeking an entry point into the market with room to grow outdoors, or practical downsizers looking for a single-level layout without a sprawling yard to maintain. It also appeals to value-oriented investors or renovators who see potential in the solid lot size and the opportunity to update a home from the late 1950s. Its straightforward scale offers a simpler, more affordable living proposition compared to larger, newer builds.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the property's market value?
Not directly. The assessed value of $30,700 is for municipal tax purposes. The 2022 sale in the $350k-$400k range is a far better indicator of its actual market value, reflecting what a buyer recently paid.
2. How does the home's size compare to others?
At 865 sqft, the living area is below average for the street, neighbourhood, and city. This indicates a compact, efficient layout, which can mean lower heating costs and less maintenance.
3. What does the lot size offer?
The 4,496 sqft lot is slightly below average for the street but offers ample outdoor space for a home of this size. It presents a good ratio of yard to house, perfect for gardening, recreation, or future expansion like a shed or deck.
4. What can the 2022 sale price tell me?
The previous sale price provides a crucial benchmark for the home's market value just a few years ago. It shows strong buyer interest at that price point and serves as a key reference for any current listing price.
5. Are the older mechanical systems or structure a concern?
Built in 1958, the home is of average age for the area. While the roof, wiring, plumbing, and foundation should be carefully inspected, its vintage is typical for the neighbourhood and many systems may have been updated over time.
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