476 Chelsea Avenue

Munroe West, Winnipeg

Property score

57.3

Fair

Overall 57.3 · Newer than most nearby homes

1,008 sqft (top 32%) · Built in 1955 (10 yrs newer than avg)

Located in a above-average income area with median household income of ~72.5k

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

Living Area

Near average

5% larger 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)

Sold Count

477

Median price

363.3k

$/sqft

$342/sqft

Avg build year

1945

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Property score

57.3 is composed by the two sections below.

Property Score

50.7Fair
Living Area1,008 sqft52Fair
Year Built195536Low
Lot Size4,681 sqft60Fair
Neighbourhood Sales Activity65Good

Community Score

67.3Good
Household Income74Good
Education Level44Low
Housing Stress63Fair
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110892

Community deep dive

$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

Population, labour & age

Population (2021)407
Labour force participation rate72%
Median age38.0
Avg household size2.1
Unemployment rate8%
Population density4070 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households36%
Couple families with children26%
Median household income (2020)$73K

Housing

Renter households24%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority25%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,008 sqft
0255075100
Same streetTop 27%Same areaTop 32%CitywideBottom 27%
Same street · Chelsea Avenue
#46 / 172
Top 27% · Avg 978 sqft
Same area · Munroe West
#358 / 1,123
Top 32% · Avg 958 sqft
Citywide · Winnipeg
#142,120 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

above average
312k
0255075100
Same streetTop 20%Same areaTop 18%CitywideBottom 33%
Same street · Chelsea Avenue
#34 / 172
Top 20% · Avg 295.1k
Same area · Munroe West
#202 / 1,123
Top 18% · Avg 273.5k
Citywide · Winnipeg
#130,567 / 194,458
Bottom 33% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetTop 6%Same areaTop 11%CitywideBottom 34%

Lot Size

around average
4,681 sqft
0255075100
Same streetBottom 16%Same areaBottom 41%CitywideBottom 37%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

476 Chelsea Avenue — 7 amenities found within 500 m, across 7 categories, including 1 dining (nearest 165 m), 1 education (nearest 227 m), 1 healthcare (nearest 244 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks1
Fuel Stations1
Worship1

Crime & Safety

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%

Sales History

Sold 3/2022CA$350k–400k
Sold price

Same street

Top 7%

Same area

Top 5%

City-wide

Top 40%

Related homes

Highlights & common questions: 476 Chelsea Avenue, Winnipeg

Property Overview: 476 Chelsea Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 476 Chelsea Avenue in Munroe West is a well-positioned, mid-century property with strong local value. Built in 1955, it is notably newer than many homes on its street and in the broader area. With 1,008 square feet of living space, it offers a practical layout that is above average for Chelsea Avenue and typical for the Munroe West neighbourhood.

The primary appeal lies in its solid assessed value of $312,000, which ranks in the top 20% on its street and top 18% in Munroe West. This suggests it is a financially sound asset within its immediate community. While the lot size is slightly smaller than others on the block, it is consistent with area norms. A less obvious perspective is that this property represents a "neighbourhood anchor"—it outperforms local averages in key metrics like year built and value, offering a stable foothold in an established area without the premium of a city-wide comparison.

This home would best suit pragmatic buyers looking for a move-in ready foundation in a mature neighbourhood. It’s ideal for first-time homeowners, small families, or downsizers who prioritize value retention and community consistency over a sprawling lot or brand-new construction. Its profile suggests a property for someone who values what their specific street and area offer, rather than chasing city-wide trends.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
Data shows a home on this street sold between $350,000 and $400,000 in March 2022, which was in the top 7% of local sales at that time. The current assessed value of $312,000 provides a different, government-based benchmark for the property's worth.

2. Is the living space considered small?
At 1,008 sq ft, it is larger than the average home on Chelsea Avenue (~978 sq ft) and in Munroe West (~958 sq ft). It is, however, below the city-wide average, making it a comfortably sized home for its immediate area.

3. What does the "year built" ranking mean?
Built in 1955, this home is newer than 94% of comparable properties on Chelsea Avenue and 89% in Munroe West. This indicates potentially fewer immediate concerns with aging infrastructure compared to its neighbours.

4. Why is the lot size ranked lower on the street?
The 4,681 sq ft lot is smaller than the Chelsea Avenue average of 5,194 sq ft, placing it in the bottom 16% on the street. However, it is very close to the Munroe West average, meaning this is more characteristic of a slightly smaller lot on a street with some larger ones.

5. How can I verify the exact historical sale prices?
The provided 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 from the site, which they will provide via email.

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