748 Simpson Avenue

Munroe East, Winnipeg

Property score

55.5

Fair

Overall 55.5 · Older than most nearby homes

970 sqft (bottom 42%) · Built in 1957 (3 yrs older than avg)

Located in a above-average income area with median household income of ~87k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 shop, and 1 fuel station nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 64%Tagalog · 5%

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

55.5 is composed by the two sections below.

Property Score

44.4Low
Living Area42
970 sqftLow
Year Built43
1957Low
Lot Size60
4,942 sqftFair
Neighbourhood Sales Activity32
Low

Community Score

72.1Good
Household Income79
Good
Education Level54
Fair
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: #46110696

Community deep dive

$87K

Median household income

$84K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

25%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)487
Labour force participation rate62%
Median age38.8
Avg household size2.7
Unemployment rate5%
Population density3478 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households25%
Couple families with children30%
Median household income (2020)$87K

Housing

Renter households21%
Condominium dwellings0%
Median dwelling value (owners)$260K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority40%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Tagalog · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
970 sqft
0255075100
Same streetTop 46%Same areaBottom 42%CitywideBottom 23%
Same street · Simpson Avenue
#79 / 172
Top 46% · Avg 986 sqft
Same area · Munroe East
#1,294 / 2,226
Bottom 42% · Avg 1,009 sqft
Citywide · Winnipeg
#149,374 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
312k
0255075100
Same streetTop 37%Same areaTop 33%CitywideBottom 33%
Same street · Simpson Avenue
#64 / 172
Top 37% · Avg 304.4k
Same area · Munroe East
#726 / 2,226
Top 33% · Avg 293.5k
Citywide · Winnipeg
#130,567 / 194,458
Bottom 33% · Avg 390.1k

Year Built

around average
1957
0255075100
Same streetBottom 21%Same areaBottom 28%CitywideBottom 37%

Lot Size

around average
4,942 sqft
0255075100
Same streetBottom 17%Same areaBottom 37%CitywideBottom 42%

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

748 Simpson Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 411 m), 2 education (nearest 341 m), 1 shopping (nearest 417 m).

Search radius
🍽️Dining1
🏫Education2
🛒Shopping1
Fuel Stations1
Worship2

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 11/2024CA$300k–350k
Sold price

Same street

Top 14%

Same area

Top 18%

City-wide

Top 49%

Related homes

Highlights & common questions: 748 Simpson Avenue, Winnipeg

Property Overview: 748 Simpson Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 748 Simpson Avenue in Munroe East is a practical, post-war bungalow built in 1957. With 970 square feet of living space, it offers a manageable size that is very typical for its immediate street and neighborhood, making it a straightforward and honest representation of housing in this area. The lot size of just under 5,000 square feet is slightly smaller than others on Simpson Avenue but is average for Munroe East overall, offering a lower-maintenance yard.

The primary appeal lies in its established neighborhood setting and its recent sale history, indicating strong market activity. Its assessed value is consistent with similar homes nearby, suggesting it is priced in line with local expectations rather than standing out as unusually high or low. This is a property for buyers seeking an entry point into a mature community without the premium often attached to larger lots or newer builds. It would suit first-time homeowners, downsizers looking for a single-level layout, or investors interested in a stable, no-fuss rental property. A thoughtful perspective is that its very "averageness" in the local context can be a virtue—it represents a lower-risk, predictable purchase in a well-established area, free from the volatility or premium costs associated with standout properties.

Section 2: Frequently Asked Questions

1. How does this home's size compare to others in the area?
At 970 sqft, the living area is very close to the average for both Simpson Avenue (986 sqft) and the wider Munroe East neighborhood (1,009 sqft). It is, however, notably smaller than the Winnipeg city-wide average for comparable homes.

2. Is the assessed value typical for this neighborhood?
Yes. The assessed value of $31,200 is around the average for Simpson Avenue and Munroe East. It ranks in the top third locally, indicating it is assessed comparably to or slightly higher than many immediate peers.

3. What is the significance of the lot size?
The lot of 4,942 sqft is below average for Simpson Avenue but is actually typical for the Munroe East area as a whole. This may mean less yard maintenance than larger lots on the street, which some buyers may prefer.

4. The home was built in 1957. Is it older than most in the area?
Yes, it is slightly older. On Simpson Avenue, it ranks in the bottom 21% by year built, meaning most homes on the street were built after 1957. This is common for the neighborhood, where many homes are from this era, so major systems and features are likely of a similar age to those in surrounding houses.

5. Where can I find more detailed context about this specific location?
For a precise visual analysis comparing this property to its immediate neighbors in terms of year built, size, and value, you can open the dedicated neighbourhood map analysis page linked in the full details.