Property score
55.0
Fair
Overall 55.0 · Newer than most nearby homes
939 sqft (top 43%) · Built in 1955 (10 yrs newer than avg)
Located in a above-average income area with median household income of ~72.5k
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
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Above average
10 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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55.0 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
416 Chelsea Avenue — 9 amenities found within 500 m, across 7 categories, including 1 dining (nearest 313 m), 3 education (nearest 127 m), 1 healthcare (nearest 367 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 11% | Bottom 16% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 416 Chelsea Avenue, Winnipeg
Key Characteristics & Appeal
This 1955 bungalow in Munroe West presents a balanced offering for buyers seeking a established home with room to grow. Its key appeal lies in its generous, above-average lot size of over 5,800 sqft—a standout feature both on its street and in the wider neighbourhood. This provides significant outdoor space and potential for expansion or landscaping that is less common in newer developments.
The 939 sqft living area is typical for the immediate area, offering a manageable footprint for downsizers or first-time buyers, while the assessed value of $298,000 positions it as a solid, above-average value within Munroe West itself. A thoughtful perspective is that this home, built in 1955, is actually newer than many of its direct neighbours, which may suggest updated infrastructure or materials compared to other homes on the block. It suits practical buyers who prioritize land size over sheer interior square footage, and who see value in a home that is competitively positioned within its local market rather than just by city-wide averages.
Frequently Asked Questions
1. How does the property’s value compare to nearby homes?
The home’s assessed value is above the average for the Munroe West area, but is very close to the average for Chelsea Avenue itself. This suggests it is priced in line with its most immediate peers.
2. Is the lot size a significant advantage?
Yes. The land area is in the top 17% for the neighbourhood, meaning you’re getting more yard space than most homes in Munroe West. This is a key differentiator for gardening, recreation, or future projects.
3. When was it last sold, and for how much?
Public records indicate a sale between September and October of 2017, with a sold price in the range of CA$200,000–250,000. For verified, exact historical sale figures, you can request a manual lookup from the site.
4. The home seems smaller than the Winnipeg average. Is that a concern?
While the living area is below the city-wide average, it is squarely average for the Munroe West neighbourhood. This is typical of many established, mid-century communities and reflects a more efficient use of space compared to newer, larger suburban homes.
5. What does the "above average" year built ranking mean?
It means this home (built 1955) is newer than most on its street and in the neighbourhood. In this context, "newer" is relative, but it could indicate slightly more modern construction techniques or materials for the area.
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