Property score
43.5
Below average
Overall 43.5 · Smaller and older than most nearby homes
699 sqft (bottom 6%) · Built in 1954 (6 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, and 5 place of worships nearby
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Below average
6 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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43.5 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
729 Government Avenue — 8 amenities found within 500 m, across 2 categories, including 3 education (nearest 292 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 5% | Bottom 5% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 729 Government Avenue, Winnipeg
Key Characteristics & Appeal
This home at 729 Government Avenue in Munroe East is a compact, post-war bungalow built in 1954, sitting on a modest 4,196 sqft lot. Its key characteristic is its smaller scale: with 699 sqft of living space, it is notably more compact than most homes on its street, in the neighbourhood, and across Winnipeg. This is reflected in its assessed value of $25,400, which sits below local averages.
The primary appeal lies in its position as an accessible entry point into the Winnipeg market. It represents a lower barrier to ownership, potentially appealing to first-time buyers, investors, or downsizers seeking minimal upkeep. The lot, while below the area average, still provides outdoor space typical of a detached home. A thoughtful perspective is that its smaller size and older vintage could translate to lower utility costs and a simpler, more manageable renovation project for a hands-on buyer compared to a larger, more complex property. It suits a pragmatic buyer who values location and the fundamentals of a detached property over square footage, and who may see potential in a home that ranks below average in size and value within its immediate context.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average home value shown ($390k)?
The $390k figure is the average assessed value for all comparable homes city-wide, which includes much larger and newer properties. At $25,400, this home’s assessment is in line with its specific characteristics—smaller size, older age, and more modest lot—within its local area.
2. How does the living area compare to nearby homes?
At 699 sqft, the living area is significantly smaller than averages on Government Avenue (~958 sqft), in Munroe East (~1,009 sqft), and city-wide (~1,342 sqft). It ranks in the bottom 7% for size on its own street.
3. What is the history of sales for this property?
Public data indicates it sold once between 2016 and 2025, in 2019, for an estimated price between $150,000 and $200,000. The exact sale price can be requested directly from the listing service.
4. Is the lot size typical for the area?
The 4,196 sqft lot is below the average for Government Avenue (~4,801 sqft) and Munroe East (~4,958 sqft). It ranks in the bottom 20% for lot size on its street, meaning lots on the block are generally larger.
5. What does the "Year Built" ranking tell me?
Built in 1954, the home is newer than many on its street (where the average build year is 1949) but older than many in the broader Munroe East area (average 1960). This suggests the immediate block has older housing stock overall.
