Property score
47.3
Below average
Overall 47.3 · Compared with neighbourhood average
832 sqft (bottom 36%) · Built in 1950 (5 yrs newer than avg)
Located in a above-average income area with median household income of ~68k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 2 shops, 1 park, and 2 place of worships nearby
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Near average
5 yrs newer than neighborhood avg.
Mother tongue
English · 81%Tagalog · 3%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
47.3 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: #46110891
$68K
Median household income
$70K
Average household income
18%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
35%
Single-person households
20%
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
354 Chelsea Avenue — 8 amenities found within 500 m, across 4 categories, including 3 education (nearest 261 m), 2 shopping (nearest 456 m), 1 parks (nearest 392 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 36% | Bottom 48% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 354 Chelsea Avenue, Winnipeg
Key Characteristics & Appeal
This 832 sqft bungalow, built in 1950, sits on a 4,914 sqft lot in the Munroe West neighbourhood. Its core appeal lies in its position as a competitively priced, no-surprises entry point into the Winnipeg housing market. With an assessed value of $269,000, it sits below the average for its own street and significantly below the city-wide average, suggesting potential value within a mature, established area.
The home’s characteristics are consistently "around average" for the Munroe West area itself, indicating it’s a typical representation of the neighbourhood. This makes it a straightforward option for buyers who prioritize location and lot size over square footage. The lot is slightly larger than the area average, offering a relative advantage for outdoor space or future expansion compared to nearby homes.
This property would best suit first-time buyers, downsizers, or practical investors looking for a manageable footprint without a premium price tag. It’s for someone who sees a 1950s bungalow not as a limitation, but as a canvas—a home where updates can be made gradually and where the value is grounded more in the land and location than in high-end finishes. Its below-average price for the street could also appeal to a buyer willing to invest in renovations to build equity.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 832 sqft, the living area is smaller than the average home on Chelsea Avenue and significantly smaller than the Winnipeg city-wide average. However, it is very typical for the Munroe West neighbourhood, where comparable homes average 958 sqft.
2. Is the assessed value a good indicator of the selling price?
The assessed value of $269k is for municipal tax purposes. Notably, it is below the average assessed value for Chelsea Avenue (~$295k). Recent sold data for the area shows homes in this price range are active, but the final sale price will depend on market conditions, property condition, and buyer demand.
3. What does the lot size offer?
The 4,914 sqft lot is slightly larger than the Munroe West area average. This provides a decent outdoor space for a home of this size and is a positive feature for gardening, recreation, or potential future additions, subject to zoning.
4. What should I consider about a home built in 1950?
A 76-year-old home will likely have undergone various updates. Key considerations are the age and condition of major systems like the roof, plumbing, electrical, and foundation. This era of home offers classic, simple layouts but may require modernization or maintenance.
5. How can I get exact historical sold prices for this property?
The site provides sold price ranges based on public data. To obtain fully verified, exact sold price figures and a complete transaction history, you must request a manual lookup via email, as this information is not sourced from the MLS system.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
