875 Simpson Avenue

Munroe East, Winnipeg

Property score

54.5

Fair

Overall 54.5 · Compared with neighbourhood average

948 sqft (bottom 36%) · Built in 1959 (1 yr older than avg)

Located in a above-average income area with median household income of ~86k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 2 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Below average

6% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 70%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

54.5 is composed by the two sections below.

Property Score

46.5Low
Living Area948 sqft42Low
Year Built195943Low
Lot Size5,745 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

66.6Good
Household Income79Good
Education Level22Low
Housing Stress83Excellent
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: #46110695

Community deep dive

$86K

Median household income

$91K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

25%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)653
Labour force participation rate68%
Median age38.8
Avg household size2.5
Unemployment rate11%
Population density2839 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households25%
Couple families with children27%
Median household income (2020)$86K

Housing

Renter households4%
Condominium dwellings4%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority17%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 70%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

around average
948 sqft
0255075100
Same streetBottom 41%Same areaBottom 36%CitywideBottom 21%
Same street · Simpson Avenue
#102 / 172
Bottom 41% · Avg 986 sqft
Same area · Munroe East
#1,427 / 2,226
Bottom 36% · Avg 1,009 sqft
Citywide · Winnipeg
#153,474 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
335k
0255075100
Same streetTop 12%Same areaTop 13%CitywideBottom 41%
Same street · Simpson Avenue
#21 / 172
Top 12% · Avg 304.4k
Same area · Munroe East
#289 / 2,226
Top 13% · Avg 293.5k
Citywide · Winnipeg
#115,138 / 194,458
Bottom 41% · Avg 390.1k

Year Built

above average
1959
0255075100
Same streetTop 27%Same areaTop 40%CitywideBottom 40%

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

875 Simpson Avenue — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 185 m), 2 parks (nearest 413 m).

Search radius
🏫Education2
🌳Parks2
💪Sports1
Worship1

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 6/2024CA$400k–450k
Sold price

Same street

Top 2%

Same area

Top 3%

City-wide

Top 33%

Related homes

Highlights & common questions: 875 Simpson Avenue, Winnipeg

Property Overview: 875 Simpson Avenue, Winnipeg

Key Characteristics & Appeal

This 948 sqft bungalow, built in 1959, sits on a notably generous 5,745 sqft lot in Munroe East. Its primary appeal lies in a combination of solid value and desirable lot size. While the living space is modest and slightly below the city average, the property stands out for its above-average assessed value within its immediate neighborhood and area, suggesting it is well-maintained or has desirable features not captured by square footage alone. The large lot is a significant asset, offering ample outdoor space and potential for gardening, expansion, or simply more privacy than typical area properties.

This home would best suit first-time buyers or downsizers looking for a manageable footprint without sacrificing yard space. It’s also a practical option for value-oriented investors or buyers who prioritize the long-term potential of a large lot over immediate square footage. A thoughtful perspective is that this property represents a "land-forward" opportunity in a mature neighborhood—the value is anchored as much in the outdoor space as in the home itself, which could be adapted over time.

Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold for an estimated $400k-$450k in 2024, which is significantly higher than its $33,500 assessed value. This is common, as assessed values for tax purposes often lag behind current market values.

2. Is the living area suitable for a small family?
At 948 sqft, the living area is compact. It would be most comfortable for individuals, couples, or a very small family. The large lot, however, provides valuable extra space for children to play or for adding a deck or patio to extend living areas outdoors.

3. What does the "above-average" assessed value ranking mean?
Ranking in the top 12-13% for assessed value on its street and in Munroe East indicates this property is assessed higher than most of its direct neighbors. This often reflects updates, a premium lot location, or features that add value relative to other homes of similar size and age in the area.

4. What are the implications of the home being built in 1959?
As a home from the late 1950s, buyers should budget for potential updates to major aging components like the roof, windows, plumbing, or electrical systems. A thorough inspection is essential. On the positive side, homes of this era often feature simpler, sturdy construction and larger lots compared to newer builds.

5. How can I get the exact historical sold price?
The exact sold price is not published publicly. You can request it directly via the provided email form on the listing page. The service is manual, with a promise of a reply by the end of the same day and no unsolicited marketing use of your email.

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