Property score
44.9
Below average
Overall 44.9 · Smaller than most nearby homes
792 sqft (bottom 28%) · Built in 1949 (4 yrs newer than avg)
Located in a above-average income area with median household income of ~66k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Near average
4 yrs newer than neighborhood avg.
Mother tongue
English · 81%Tagalog · 4%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
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44.9 is composed by the two sections below.
Property Score
Community Score
Munroe West
How to read: Share of sales in each ~$50k price band for “munroe west” (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: #46110705
$66K
Median household income
$69K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.3
P90 / P10 ratio
36%
Single-person households
19%
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
257 Chelsea Avenue — 10 amenities found within 500 m, across 7 categories, including 1 dining (nearest 268 m), 2 education (nearest 351 m), 2 healthcare (nearest 285 m).
Munroe West · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -88%
vs. prior year
Primary type
Property
65%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 5% | Top 3% | Top 38% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 29% | Bottom 45% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 257 Chelsea Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition in Winnipeg's Munroe West neighborhood. Its key characteristic is a notable imbalance between its modest living space and its strong assessed value. At 792 sqft, the house is compact, ranking in the bottom third for size both on its street and in the wider city. However, with an assessed value of $313,000, it ranks in the top 20% for value on Chelsea Avenue and in Munroe West, indicating the property's worth is driven by factors beyond square footage.
The primary appeal lies in its generous 5,265 sqft lot, which is above average for the local area. This suggests significant potential for outdoor space, gardening, or future expansion. Built in 1949, it is a classic post-war home, typical for the area. The appeal is for a specific buyer: someone seeking an affordable entry into a stable neighborhood who values land size over interior size and is comfortable with a cozy footprint or sees potential to renovate or expand. It would suit a first-time buyer, a downsizer, or an investor looking for a property with a strong land-to-structure ratio. A thoughtful perspective is that this property represents the "land bank" archetype—you're purchasing location and potential, with the existing house serving as a solid foundation.
Frequently Asked Questions
1. Why is the assessed value high for a smaller home?
The assessed value is likely elevated due to the desirable lot size, which is larger than many in the immediate area, and the overall property value within the Munroe West neighborhood. Value is not solely determined by living area.
2. What does the sale history tell us?
The home sold in 2022 for an estimated $350k-$400k, a price that placed it in the top 5% of sales on Chelsea Avenue at that time. This supports the trend of the property commanding a premium relative to its immediate peers.
3. Is the house in original condition?
Given its 1949 build date and compact size, it is very possible the home retains much of its original layout and features. Buyers should budget for updates to systems like plumbing, electrical, or windows common to homes of this era.
4. How does this lot size compare to newer homes?
At over 5,000 sqft, the lot is substantially larger than typical lots in many newer suburban developments. This is a key advantage for those wanting space for a large garden, shed, or recreational area.
5. What are the implications of the living area being "below average"?
The below-average living area (792 sqft) means efficient use of space is essential. It may not suit those needing multiple dedicated rooms or extensive storage. However, it can mean lower utility costs and less maintenance, appealing to a minimalist or budget-conscious homeowner.
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