Property score
45.2
Below average
Overall 45.2 · Smaller than most nearby homes
744 sqft (bottom 15%) · Built in 1950 (5 yrs newer than avg)
Located in a above-average income area with median household income of ~72.5k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 9 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Below average
22% 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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45.2 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: #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
470 Sydney Avenue — 16 amenities found within 500 m, across 7 categories, including 1 dining (nearest 343 m), 9 education (nearest 333 m), 1 healthcare (nearest 422 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 25% | Top 42% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 470 Sydney Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 470 Sydney Avenue in Munroe West is a classic, post-war bungalow built in 1950. With 744 sqft of living space, it is a compact and manageable property, notably smaller than average for both the immediate street and the wider city. Its assessed value of $253k is very typical for Sydney Avenue and the Munroe West area, positioning it as an accessible entry point into the Winnipeg market.
The primary appeal lies in its balance and potential. The lot size of 4,419 sqft is generous for the neighbourhood, offering valuable outdoor space or future expansion possibilities that many newer, denser developments lack. While the home itself is modest in size, its construction date is actually newer than many on its street, which may suggest fewer concerns with some aging infrastructure common to the era. This property suits first-time buyers, downsizers, or practical investors looking for a solid footing in a stable neighbourhood without a premium price tag. It represents a "value-average" proposition: you’re purchasing a larger-than-average lot with a smaller-than-average home, making it a candidate for those comfortable with a home that may require updates or who prioritize land over finished living space.
Section 2: Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $250k-$300k in late 2024. The assessed value of $253k falls squarely within that range, indicating the assessment closely aligned with market value at that time.
2. Is the living area too small?
At 744 sqft, the living area is below average for the area. This suits buyers seeking low-maintenance, efficient living but may feel cramped for those needing multiple dedicated rooms or extensive storage. The generous lot size partially offsets this by providing expandable space.
3. What does the "above average" year built ranking mean?
Built in 1950, this home is newer than many on Sydney Avenue (where the average build year is 1939). This relative newness for the street could imply updated building practices for its time, but it remains a 76-year-old home where systems like plumbing, wiring, and the roof will require careful inspection.
4. How does this property’s value hold up across Winnipeg?
City-wide, its assessed value is below the Winnipeg average ($390k), and its living area is significantly smaller than the city norm. This highlights its position as a competitively priced, smaller home option within the broader market.
5. Where can I get verified sale history and exact figures?
The site’s data is compiled from public records, not the MLS. For fully verified transaction history and exact sale prices, you must request a manual lookup via email from the service provider.
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