Property score
50.2
Fair
Overall 50.2 · Smaller and older than most nearby homes
896 sqft (bottom 20%) · Built in 1947 (13 yrs older 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
Below average
11% 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)
780
313.8k
$339/sqft
1960
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50.2 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 Moncton Avenue — 7 amenities found within 500 m, across 3 categories, including 3 education (nearest 262 m), 1 parks (nearest 435 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 46% | Bottom 21% | Bottom 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 25% | Bottom 11% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 740 Moncton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 740 Moncton Avenue in Munroe East is a classic, no-frills property that presents a clear value proposition. Built in 1947, its 896 sqft living area is modest and below average for the street, neighbourhood, and city, indicating a compact, efficient layout. The standout feature is its 5,000 sqft lot, which is above average for Moncton Avenue, offering generous outdoor space relative to nearby homes.
The primary appeal lies in its affordability and land potential. With a consistently low assessed value and recent sold prices in the $200k-$250k range, it sits in a lower price tier. This creates an accessible entry point into the market. The combination of a larger lot and a smaller, older house makes it particularly suited for value-driven buyers: first-time homeowners comfortable with a project, investors looking for a rental with future redevelopment potential, or practical buyers who prioritize yard space over interior square footage. It’s a property where the value is more in the land and location than in the current structure.
Section 2: Frequently Asked Questions
1. Is this a "tear-down" property?
While the home is older and smaller than many in the area, its condition isn't detailed here. The data suggests it's a viable, lived-in home given its recent sales history. However, the lot size is a key asset, meaning future redevelopment or a significant expansion is a realistic long-term consideration for a buyer.
2. Why is the assessed value so much lower than the recent sale price?
Municipal assessed value for tax purposes often lags behind market value and is calculated using different metrics. The sale price reflects what buyers are currently willing to pay in the open market, which for this property is significantly higher than its assessment.
3. What does the "below average" ranking for living area mean for daily life?
It confirms the home is cozy. It would suit individuals, couples, or small families comfortable with efficient use of space. The trade-off is the larger-than-average yard, which extends the usable living area outdoors for much of the year.
4. The home sold recently in 2022 and again in 2024. Is that a concern?
The short ownership period could indicate various personal circumstances and isn't inherently a red flag. It does underscore that the property is a popular price point in the market. A buyer's inspection and review of the listing history would provide necessary context.
5. How does the lot size compare to new builds?
At 5,000 sqft, this lot is larger than the average on its street but smaller than the city-wide average for newer developments. In established neighbourhoods like Munroe East, lots of this size are a valuable asset and are often harder to find, offering more privacy and space than many modern infill properties.
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