Property score
45.1
Below average
Overall 45.1 · Smaller and older than most nearby homes
660 sqft (bottom 1%) · Built in 1937 (23 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 3 parks, and 2 place of worships nearby
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Below average
23 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 9%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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45.1 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: #46110798
$91K
Median household income
$103K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
25%
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
940 Moncton Avenue — 8 amenities found within 500 m, across 3 categories, including 3 education (nearest 305 m), 3 parks (nearest 257 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 1% | Bottom 1% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 940 Moncton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a compact, historically grounded property built in 1937, situated on a modest 2,520 sqft lot in Munroe East. Its key characteristic is its notably small scale: with 660 sqft of living area, it is significantly smaller than most homes on its street, in the area, and across Winnipeg. This is reflected in its assessed value of $17,200, which is the lowest on Moncton Avenue and well below city averages.
The appeal lies primarily in its position as an accessible entry point into the Winnipeg market. It represents a low-barrier ownership option for those prioritizing location and affordability over space. The low property taxes, a direct result of the low assessment, are a significant financial consideration. This property would suit a very specific buyer: a minimalist, a first-time investor looking for a hold property with minimal carrying costs, or someone seeking a small footprint with the potential to renovate or rebuild on an established lot. A less obvious perspective is that its status as an outlier in every metric (size, value, age) could present a unique opportunity in a neighbourhood of more uniform, mid-century homes, either as a tear-down or a highly efficient living project.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is directly tied to the home's characteristics. Its very small living area (660 sqft), older age (1937), and modest lot size result in a valuation that ranks in the bottom 5% city-wide.
2. What does the "Top 97%" ranking for Living Area mean?
It means this home's living area is smaller than approximately 97% of comparable homes on its street. In simpler terms, it is among the very smallest houses in its immediate vicinity.
3. Who would this property be best suited for?
It is best suited for buyers with minimal space needs, investors seeking a property with very low annual tax liability, or those viewing the land as the primary asset for future redevelopment.
4. How can I find out the exact historical sale prices?
The provided sold price ranges are based on public data. To receive the exact sale prices, you must request them via the email function on the listing page. The service is manual but provided without marketing spam.
5. The home is much older than others on the street. Should I be concerned?
Built in 1937, it is notably older than the neighbourhood averages (1955-1966). This necessitates a particularly thorough inspection focusing on foundational integrity, wiring, plumbing, and insulation to understand the current condition and any needed updates.
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