Property score
64.8
Fair
Overall 64.8 · Larger and newer than most nearby homes
1,336 sqft (top 7%) · Built in 1954 (9 yrs newer than avg)
Located in a above-average income area with median household income of ~72.5k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Above average
39% larger than neighborhood avg.
Year Built
Above average
9 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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64.8 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
468 Chelsea Avenue — 7 amenities found within 500 m, across 7 categories, including 1 dining (nearest 177 m), 1 education (nearest 204 m), 1 healthcare (nearest 253 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 48% | Top 31% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 468 Chelsea Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1954-built home in Munroe West presents a compelling mix of space, value, and location. Its key characteristic is its generous 1,336 sqft living area, which ranks in the top 9% on its street and top 7% in the wider Munroe West area, offering significantly more interior space than many neighbouring homes. The lot size is also comfortably above the area average. With an assessed value of $292,000, it sits at a moderate point for the immediate neighbourhood but represents a notable value proposition compared to the higher city-wide average.
The appeal lies in this balance. It’s a home that offers more room than most in its vicinity without a premium price tag, suggesting solid value for money. It would suit practical buyers looking for space—such as growing families or those wanting a home office or workshop—within a stable, established neighbourhood. A thoughtful perspective is that its "average" assessment on the street could indicate room for value-adding improvements, while its below-average city-wide valuation highlights the affordability of the Munroe West area compared to Winnipeg as a whole. It’s ideal for a buyer who prioritizes interior and yard space over a newer build or a central-city premium location.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to recent sales?
The home last sold between $250,000-$300,000 in July 2021. Its current assessed value of $292,000 is around the average for Chelsea Avenue and Munroe West, but below the city-wide average, indicating its price is competitive for this specific area.
2. Is the living space unusually large for the neighbourhood?
Yes. With 1,336 sqft, this home has substantially more living area than the average home on Chelsea Avenue (~978 sqft) and in Munroe West (~958 sqft). This is one of its standout features.
3. What does the "below average" city-wide assessed value mean?
This means the home’s assessed value is lower than the average for all homes across Winnipeg. This doesn’t reflect the home’s condition, but rather highlights that property values in Munroe West are generally more affordable than in many other parts of the city.
4. How old is the home, and is that typical?
Built in 1954, the home is 72 years old. This is slightly newer than the average for Munroe West (1945) and is typical for the street, placing it in a mature neighbourhood with homes of a similar vintage.
5. Where can I get verified historical sale data?
The site’s sold price data is based on public records, not the MLS. For fully verified figures and a complete transaction history, you must request a manual lookup via email from the service provider, as industry rules prevent displaying MLS records directly.
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