763 Simpson Avenue

Munroe East, Winnipeg

Property score

65.4

Good

Overall 65.4 · Larger but older than most nearby homes

1,290 sqft (top 6%) · Built in 1957 (3 yrs older than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 shop, and 1 sports facility nearby

Living Area

Above average

28% larger 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

65.4 is composed by the two sections below.

Property Score

60.9Fair
Living Area1,290 sqft66Good
Year Built195743Low
Lot Size5,745 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

72.1Good
Household Income79Good
Education Level54Fair
Housing Stress74Good
Core Housing Need76Good
Employment Health68Good

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

Elite
1,290 sqft
0255075100
Same streetTop 3%Same areaTop 6%CitywideTop 42%
Same street · Simpson Avenue
#6 / 172
Top 3% · Avg 986 sqft
Same area · Munroe East
#123 / 2,226
Top 6% · Avg 1,009 sqft
Citywide · Winnipeg
#82,234 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
331k
0255075100
Same streetTop 14%Same areaTop 16%CitywideBottom 39%
Same street · Simpson Avenue
#24 / 172
Top 14% · Avg 304.4k
Same area · Munroe East
#346 / 2,226
Top 16% · Avg 293.5k
Citywide · Winnipeg
#117,909 / 194,458
Bottom 39% · Avg 390.1k

Year Built

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

Lot Size

above average
5,745 sqft
0255075100
Same streetTop 31%Same areaTop 18%CitywideTop 38%

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

763 Simpson Avenue — 8 amenities found within 500 m, across 6 categories, including 1 dining (nearest 428 m), 2 education (nearest 303 m), 1 shopping (nearest 421 m).

Search radius
🍽️Dining1
🏫Education2
🛒Shopping1
💪Sports1
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 2/2024CA$350k–400k
Sold price

Same street

Top 5%

Same area

Top 12%

City-wide

Top 45%

Related homes

Highlights & common questions: 763 Simpson Avenue, Winnipeg

Property Overview: 763 Simpson Avenue, Winnipeg

Key Characteristics & Appeal

This home at 763 Simpson Avenue in Munroe East presents a compelling mix of space, value, and location. Its primary appeal lies in its generous living area of 1,290 sq ft, which ranks in the top 3% for size on its own street and the top 6% within the broader Munroe East area, offering more room than most comparable local homes. The lot size is also notably above average for the neighbourhood, providing ample outdoor space. While the home was built in 1957, its assessed value remains competitive and above average for the immediate area. The property last sold in the $350k-$400k range in 2024.

This home would suit practical buyers looking for a spacious interior and yard in a well-established neighbourhood without a premium price tag. It’s ideal for those who value functional space over a modern build date and see potential in a solid, older home. A thoughtful perspective is that its above-average size but average city-wide assessment could represent a relative value opportunity within its community, especially for buyers prioritizing square footage.


Frequently Asked Questions

1. How does the home’s age affect its value and condition?
Built in 1957, the home is older than many on its street. This is reflected in its assessment, but the recent sale price suggests the market values its larger living area and lot. Buyers should budget for potential updates consistent with a home of this era.

2. Is the assessed value a reliable indicator of the market price?
The assessed value is for taxation purposes. The 2024 sale price of $350k-$400k is a more current market indicator. The assessment being above average for the area but average city-wide highlights the property’s strong standing in its immediate locale.

3. What does the "top 3%" living area ranking actually mean?
It means that among 172 comparable homes on Simpson Avenue, only 5 are larger. In Munroe East, it’s larger than 94% of similar homes. This is the property’s most standout feature.

4. How can I find out the exact past sale price?
The exact sold price is not public. The listing service offers to provide it manually via email upon request, with a commitment to reply by the end of the same day without using your email for marketing.

5. What are the benefits of the larger-than-average lot?
At 5,745 sq ft, the lot is larger than most in Munroe East. This allows for more privacy, gardening space, outdoor recreation, and potential for additions like a shed or deck, which can be rare in established neighbourhoods.

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