Property score
53.8
Fair
Overall 53.8 · Smaller than most nearby homes
930 sqft (bottom 27%) · Built in 1962 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~85k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 schools, and 3 place of worships nearby
Living Area
Below average
8% smaller than neighborhood avg.
Year Built
Near average
2 yrs newer 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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53.8 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
740 Government Avenue — 6 amenities found within 500 m, across 2 categories, including 3 education (nearest 272 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 18% | Bottom 19% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 740 Government Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 930 sqft bungalow, built in 1962, presents a practical opportunity in Winnipeg's Munroe East neighbourhood. Its key appeal lies in its relative modernity compared to other homes on its street, as it is newer than most in its immediate area. The home sits on a modest, manageable lot just under 4,000 sqft.
The property’s assessed value is consistently around the average for its local area, suggesting it is priced in line with neighbourhood norms without significant premium or distress. This creates a straightforward entry point into the housing market. The home would best suit first-time buyers or downsizers seeking a no-fuss, single-level living space in an established community. Its below-average living area city-wide indicates a more compact layout, appealing to those looking for lower maintenance and utility costs without the need for extensive space. A thoughtful perspective is that while the lot is smaller than many, it offers enough yard for gardening or relaxation without demanding excessive upkeep, which can be a hidden benefit for busy owners.
Section 2: Frequently Asked Questions
1. How does this home's age compare to others nearby?
Built in 1962, this home is notably newer than most on its street, ranking in the top 11% for year built on Government Avenue. This could suggest updates over time or potentially fewer immediate concerns associated with much older construction.
2. Is the assessed value typical for the area?
Yes. The assessed value of $28,700 is very close to the average for both Government Avenue and the broader Munroe East area, indicating it is not an outlier and is assessed in line with local market conditions.
3. What should I know about the property size?
The living space (930 sqft) is slightly below the average for the immediate street and more compact compared to the city-wide average. The lot size (3,996 sqft) is also below average for the area, resulting in a lower-maintenance yard.
4. What is the recent sales history?
Public records indicate a sale between 2016 and 2025 in the $200,000-$250,000 range. For the exact sale price and date, you can request the information directly via the provided email service.
5. How does this property rank city-wide?
City-wide, this home ranks in the top tiers for being more compact (top 81% for smaller living area) and having a lower assessed value (top 74%), positioning it as an affordable, manageable option within the broader Winnipeg market.
