62.8
Fair
Property score
62.8
Fair
Overall 62.8
Larger and newer than most nearby homes
1,032 sqft (top 29%)
Built in 1956 (11 yrs newer than avg)
Located in a above-average income area
with median household income of ~87k
Transit 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
8% larger than neighborhood avg.
Year Built
Above average
11 yrs newer than neighborhood avg.
Mother tongue
English · 79%Tagalog · 4%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
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62.8 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: #46110703
$87K
Median household income
$92K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
28%
Single-person households
25%
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
471 Chelsea Avenue — 8 amenities found within 500 m, across 7 categories, including 1 dining (nearest 118 m), 1 education (nearest 199 m), 1 healthcare (nearest 194 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 11% | Top 8% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 471 Chelsea Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 471 Chelsea Avenue in Munroe West presents a compelling blend of space, value, and location. Built in 1956, it is notably newer than most homes on its street and in the wider area, which can suggest updated infrastructure and potentially fewer major maintenance concerns compared to its peers. The 1,032 sqft living area is comfortably above average for both the immediate street and the Munroe West neighbourhood, offering more interior space than many comparable properties.
Its primary appeal lies in its strong positional value. The assessed value of $323k ranks in the top 12% for both Chelsea Avenue and Munroe West, indicating it is considered a higher-value property within its core comparison groups. This is paired with a generous 5,850 sqft lot, providing ample outdoor space that is well above the local averages. The data suggests a property that balances a newer build, a spacious lot, and a larger-than-average interior for the area, all at an assessed value that is competitive city-wide.
This home would suit a practical buyer looking for established neighbourhood character without the age-related uncertainties of an older wartime-era home. It’s ideal for someone who values private outdoor space and more interior room than is typical for the area, and who appreciates a property that holds a strong value position within its immediate community.
Section 2: Frequently Asked Questions
1. How does the sold price from 2022 relate to the current assessed value?
The home sold for an estimated $350k–$400k in July 2022, a price that ranked in the top 11% on its street at the time. The current assessed value of $323k is a municipal valuation for tax purposes and is not a direct market price, but the historical sale indicates a history of strong market value in its locale.
2. What does it mean that the home is "newer" than most in the area?
Built in 1956, this home is among the newest 4% on Chelsea Avenue and the newest 10% in Munroe West. In practical terms, this could mean building materials, electrical, or plumbing systems that are a generation newer than many neighbouring homes built in the 1940s and early 1950s.
3. The living area is above average for the street but below average city-wide. Why is that?
This is common for established neighbourhoods. The home offers more space than most in its immediate, in-demand area (Munroe West), which is a key advantage. City-wide averages are raised by newer suburban homes with larger floor plans, but they often come with different trade-offs like lot size, location, and community maturity.
4. Is the large lot size a significant feature?
Yes. At 5,850 sqft, the lot is significantly larger than the average for both Chelsea Avenue and Munroe West. This offers greater potential for gardening, expansion, outdoor living, and simply more privacy than is standard for the neighbourhood.
5. How can I verify the exact historical sold price?
The provided sold price is a range based on public data. Due to industry regulations, exact MLS sold prices cannot be displayed online here. You can request the exact figure via email through the listing page; the service will manually look up and provide the verified transaction history.
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