383 Sydney Avenue

Munroe West, Winnipeg

Property score

55.7

Fair

Overall 55.7 · Larger but older than most nearby homes

1,100 sqft (top 21%) · Built in 1914 (31 yrs older than avg)

Located in a above-average income area with median household income of ~68k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 10 schools, 1 shop, and 1 park nearby

Living Area

Above average

15% larger than neighborhood avg.

Year Built

Below average

31 yrs older than neighborhood avg.

Mother tongue

English · 81%Tagalog · 3%

Past 10 years Munroe West sales snapshot (~80% of all data)

Sold Count

477

Median price

363.3k

$/sqft

$342/sqft

Avg build year

1945

Need help understanding this property?

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

Property score

55.7 is composed by the two sections below.

Property Score

51.5Fair
Living Area1,100 sqft60Fair
Year Built191416Low
Lot Size4,899 sqft60Fair
Neighbourhood Sales Activity65Good

Community Score

62.0Fair
Household Income70Good
Education Level34Low
Housing Stress74Good
Core Housing Need76Good
Employment Health52Fair

Neighbourhood Sales

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.

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: #46110891

Community deep dive

$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

Population, labour & age

Population (2021)442
Labour force participation rate55%
Median age37.2
Avg household size2.2
Unemployment rate5%
Population density3157 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households35%
Couple families with children20%
Median household income (2020)$68K

Housing

Renter households24%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority30%
Bachelor's or higher (25–64)18%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

above average
1,100 sqft
0255075100
Same streetTop 15%Same areaTop 21%CitywideBottom 40%
Same street · Sydney Avenue
#29 / 189
Top 15% · Avg 902 sqft
Same area · Munroe West
#234 / 1,123
Top 21% · Avg 958 sqft
Citywide · Winnipeg
#117,261 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
229k
0255075100
Same streetBottom 31%Same areaBottom 19%CitywideBottom 13%
Same street · Sydney Avenue
#131 / 189
Bottom 31% · Avg 250k
Same area · Munroe West
#907 / 1,123
Bottom 19% · Avg 273.5k
Citywide · Winnipeg
#169,413 / 194,458
Bottom 13% · Avg 390.1k

Year Built

below average
1914
0255075100
Same streetBottom 11%Same areaBottom 8%CitywideBottom 11%

Lot Size

above average
4,899 sqft
0255075100
Same streetTop 16%Same areaBottom 48%CitywideBottom 42%

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

383 Sydney Avenue — 15 amenities found within 500 m, across 5 categories, including 1 dining (nearest 475 m), 10 education (nearest 236 m), 1 shopping (nearest 302 m).

Search radius
🍽️Dining1
🏫Education10
🛒Shopping1
🌳Parks1
Worship2

Crime & Safety

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%

Sales History

Sold 9/2022CA$200k–250k
Sold price

Same street

Top 50%

Same area

Bottom 33%

City-wide

Bottom 18%

Related homes

Highlights & common questions: 383 Sydney Avenue, Winnipeg

Property Overview: 383 Sydney Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a distinct value proposition centered on space and land. Built in 1914, it is a character property with above-average interior space (1,100 sq ft) and a notably generous lot (4,899 sq ft) for its Munroe West neighborhood and street. This combination is its primary appeal: offering more room both inside and out than many nearby homes.

Its assessed value is positioned below area and city averages, which can signal an entry point for buyers comfortable with a renovation project or the upkeep of an older home. The appeal lies in the potential of the sizable lot and the spacious interior footprint, which are less common finds in this price bracket. It would suit a practical buyer looking for a "blank canvas" property—someone who values private outdoor space and room to grow over modern finishes, and who is prepared for the maintenance or updating a 110-year-old home may require. It's a solid option for a long-term holder who can capitalize on the underlying asset (the land and space) rather than immediate move-in perfection.

Section 2: Frequently Asked Questions

1. Is the below-average assessed value a concern?
Not necessarily. It primarily reflects the home's age and potentially its condition relative to newer homes. For a buyer, it can represent a lower property tax base and an opportunity to add value through updates.

2. What does the sold price range (CA$200k–250k in 2022) tell us?
It confirms the home transacted significantly below its assessed value at that time, which often indicates it was sold as a fixer-upper or required investment. This history is important for setting renovation budgets.

3. How significant is the large lot size?
Very. Ranking in the top 16% on its street for land area is a key asset. It offers rare potential for gardening, expansion, or outdoor living in a mature neighborhood where lots are typically smaller.

4. What should I consider about the 1914 build date?
While offering classic charm, it necessitates thorough inspections for foundational integrity, wiring, plumbing, and insulation. Energy efficiency may be lower than modern standards, impacting utility costs.

5. How does it compare to nearby homes?
It offers more living space and land than immediate neighbors like 401 or 381 Sydney Avenue, but is older and has a lower assessed value. It trades modern convenience for sheer physical space and lot potential.

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.