64.1
Fair
Property score
64.1
Fair
Overall 64.1
Larger than most nearby homes
1,122 sqft (top 19%)
Built in 1950 (5 yrs newer than avg)
Located in a above-average income area
with median household income of ~87k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 3 schools, 1 healthcare facility, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
17% larger 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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64.1 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
391 Chelsea Avenue — 9 amenities found within 500 m, across 7 categories, including 1 dining (nearest 394 m), 3 education (nearest 151 m), 1 healthcare (nearest 431 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 38% | Top 27% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 391 Chelsea Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1950-built home in Munroe West presents a solid, grounded opportunity. Its primary appeal lies in offering above-average space for the neighbourhood at a manageable price point. With 1,122 sqft of living area, it ranks in the top 15-19% for size compared to nearby homes, which typically average under 1,000 sqft. This suggests a home that may feel more spacious than many in the immediate area without commanding a premium price.
The lot size of 5,616 sqft is also notably larger than the Munroe West average, offering good outdoor potential. The assessed value of $284,000 sits comfortably around the local average but is well below the city-wide average, highlighting the area's relative affordability. This combination positions the property as a practical choice: you get more house and land for your dollar within this specific community compared to broader Winnipeg.
This home would suit first-time buyers or practical-minded investors looking for a foothold in a stable neighbourhood without overextending financially. It’s for someone who values interior and yard space over a newer build or a central city location. A thoughtful perspective is that its "average" valuation locally, paired with its "above-average" living area, could indicate room for value growth through updates, as the core structure offers a generous footprint.
Section 2: Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold in March 2024 for between $250,000 and $300,000. The assessed value is $284,000, which falls squarely within that reported sale price range, indicating the assessment is aligned with recent market activity.
2. Is the house older than others nearby?
Not significantly. Built in 1950, it is typical for Munroe West, where the average home was built around 1945-1950. It is, however, older than the average Winnipeg home.
3. What does the "below average" city-wide assessed value ranking mean?
While the value is around average for its street and neighbourhood, it ranks below average compared to all Winnipeg properties. This primarily reflects the overall affordability of the Munroe West area compared to the entire city, not necessarily a condition issue with this specific home.
4. How can I find out the exact sale price?
The provided data shows a price band. For the exact sale price and full transaction history, you must request a manual lookup via email through the site, as they do not display MLS records.
5. What are the immediate neighbouring properties like?
The closest neighbours on Chelsea Avenue are homes of very similar vintage (1950s). Nearby listings on Melbourne and Sydney Avenues show slightly newer builds (mid-1950s) but with significantly smaller living areas (around 660 sqft), underscoring this property's comparative space advantage.
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