Property score
58.2
Fair
Overall 58.2 · Larger and newer than most nearby homes
1,072 sqft (top 25%) · Built in 1954 (9 yrs newer than avg)
Located in a above-average income area with median household income of ~68k
Transit 86.0 · 2-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
12% larger than neighborhood avg.
Year Built
Above average
9 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
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58.2 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
450 Neil Avenue — 15 amenities found within 500 m, across 5 categories, including 1 dining (nearest 496 m), 10 education (nearest 216 m), 1 shopping (nearest 106 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 33% | Top 12% | Top 49% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Top 39% | Bottom 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 450 Neil Avenue, Winnipeg
Key Characteristics & Appeal
This 1,072 sqft bungalow, built in 1954, presents a compelling opportunity defined by its exceptional lot size. The property’s standout feature is its 8,047 sqft land area, which ranks in the top 1% of the Munroe West neighborhood. This offers rare potential for expansion, gardening, or outdoor living compared to typical area lots. While the living space is modest and the assessed value of $304k is fairly typical for its immediate street, the home holds above-average value within its local area context.
The appeal lies in securing a property where the land itself is the primary asset. It suits a practical buyer looking for a solid footprint in a stable neighborhood, who may be planning a future renovation or addition to capitalize on the generous yard. It’s also a fit for those who prioritize outdoor space over a large interior in the short term. A less obvious perspective is that, for its assessed value, you are acquiring a disproportionately large piece of land for the area, which can be a strategic long-term investment in a city where lot sizes are generally shrinking in newer developments.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is above average for the Munroe West neighborhood but around average for Neil Avenue itself. This suggests you are paying a slight premium for the specific location on the street or the property characteristics, like its large lot.
2. What does the "Elite" ranking for land area mean?
It means this property’s lot size of over 8,000 sqft is larger than 99% of other lots in the Munroe West area. This is its most distinguished feature and is uncommon for homes in this price and age bracket in Winnipeg.
3. Is the living space smaller than average?
Within Munroe West, the living area is actually above average. Compared to the city overall, it is somewhat smaller. This indicates the neighborhood may have more compact, character homes, and this property fits that typical profile.
4. What can the past sale prices tell me?
The home sold in 2022 and 2019. The 2022 sale price ranked higher locally than the 2019 sale, indicating possible increased demand or improvements at that time. For exact sale figures, you must request the details via email from the site.
5. What are the possible drawbacks of an older home like this?
Built in 1954, major systems like roof, plumbing, or electrical may be due for updates or replacement. While the lot is a significant advantage, the house itself may require modernization or maintenance consistent with its age, which should be factored into budgeting.
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