49.7
Below average
Property score
49.7
Below average
Overall 49.7
Smaller than most nearby homes
792 sqft (bottom 28%)
Built in 1950 (5 yrs newer than avg)
Located in a above-average income area
with median household income of ~87k
Transit 86.0
4-min walk to transit with 4 nearby routes
Within 500m: 3 schools, 1 shop, 1 park, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Near average
5 yrs newer than neighborhood avg.
Mother tongue
English · 79%Tagalog · 4%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
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49.7 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: #46110703
$87K
Median household income
$92K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
28%
Single-person households
25%
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
345 Chelsea Avenue — 7 amenities found within 500 m, across 4 categories, including 3 education (nearest 260 m), 1 shopping (nearest 442 m), 1 parks (nearest 397 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 | Bottom 30% | 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: 345 Chelsea Avenue, Winnipeg
Key Characteristics & Appeal
This 792 sqft bungalow, built in 1950, sits on a generous 5,032 sqft lot in Munroe West. Its core appeal lies in its position as a competitively priced entry point into the Winnipeg market. The assessed value of $272k is notably below the city-wide average, offering relative affordability. While the living space is compact compared to many modern homes, the lot size is above average for its immediate area, presenting a valuable balance of modest home and ample outdoor space.
The property suits first-time buyers or downsizers seeking a lower-maintenance footprint without sacrificing yard potential. Its value is contextual: within Munroe West, its assessed value and lot size are around the neighbourhood average, making it a typical offering for the area. However, when viewed city-wide, its price and size represent a significant value proposition for budget-conscious buyers willing to invest in a classic, older home. A thoughtful perspective is that this home represents the "bones" of the neighbourhood—it’s not the largest or newest on the street, but it holds the established character and lot size that define the area, offering a solid foundation for personalization.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 792 sqft, the living area is below average for Chelsea Avenue, Munroe West, and Winnipeg overall. It’s a compact, efficient layout typical of its era.
2. Is the assessed value a good indicator of the selling price?
The assessed value of $272k is for municipal tax purposes. Recent sold data suggests homes here have sold in the $250k-$300k range. The assessment is a useful benchmark, but market conditions will determine the final price.
3. What does the lot size offer?
The 5,032 sqft lot is a key feature, larger than many in Munroe West. This provides valuable outdoor space for gardening, recreation, or future expansion, which is a trade-off for the smaller interior.
4. What should I consider with a 1950s build?
Built 76 years ago, this home will likely require attention to aging components like plumbing, electrical, windows, and insulation. A thorough inspection is essential to understand modernization needs and costs.
5. How can I get the exact past sale prices for this home?
The provided sold price is an estimated range. Due to industry regulations, exact sale figures are not published online here. You can request the full transaction history via email, and the service will provide the verified details manually.
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