Property score
53.0
Fair
Overall 53.0 · Compared with neighbourhood average
918 sqft (top 47%) · Built in 1950 (5 yrs newer than avg)
Located in a above-average income area with median household income of ~72.5k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 10 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Near average
5 yrs newer than neighborhood avg.
Mother tongue
English · 78%Tagalog · 2%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
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53.0 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: #46110892
$73K
Median household income
$83K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
36%
Single-person households
26%
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
407 Sydney Avenue — 15 amenities found within 500 m, across 6 categories, including 1 dining (nearest 417 m), 10 education (nearest 259 m), 1 healthcare (nearest 481 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 45% | Bottom 30% | Bottom 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 28% | Bottom 14% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 407 Sydney Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 407 Sydney Avenue in Munroe West presents a practical opportunity centered on its generous lot and established neighborhood. Built in 1950, the 918 sqft house sits on a notably large, approximately 5,000 sqft lot for the street, ranking in the top 10% locally for land size. This is the property's standout feature, offering clear potential for expansion, gardening, or outdoor living that many newer lots in the city cannot match.
Its appeal lies in its position as a solid, value-conscious entry into the Winnipeg market. With an assessed value of $244k, it sits below both the neighborhood and city-wide averages, suggesting a potentially accessible price point. The home suits first-time buyers, downsizers, or investors looking for a property where the land itself is a significant asset. It’s a home for those who see potential beyond the current footprint—whether that’s in the spacious yard, the possibility of updates, or the stability of a mid-century build in a mature area. A thoughtful perspective is that while the living space is modest by current city standards, its efficient size paired with a large lot offers a balanced lifestyle without excessive maintenance, appealing to those seeking simpler living without sacrificing outdoor space.
Section 2: Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is approximately 4,998 sqft, which is significantly larger than the average on Sydney Avenue (3,914 sqft) and slightly above the average for the Munroe West area.
2. What is the recent sales history for this property?
Public records indicate it sold in August 2021 for an estimated $200k-$250k, and prior to that in March 2020 for an estimated $150k-$200k. Exact sale prices require a manual lookup from the provider.
3. Is the living area smaller than typical Winnipeg homes?
Yes. The 918 sqft living area is below the Winnipeg city-wide average for comparable homes. However, it is much closer to the average size for both the immediate street and the Munroe West neighborhood.
4. What does the assessed value indicate about the property's standing?
The $244k assessment is around average for Sydney Avenue but below the average for both the broader Munroe West area and the city of Winnipeg as a whole, positioning it as a more value-oriented option in its market.
5. The home was built in 1950. What should I consider?
While newer than many homes on its street, a 76-year-old home will likely have systems (like plumbing, electrical, or the roof) that require inspection to understand their condition and any needed updates or maintenance.
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