484 Sydney Avenue

Munroe West, Winnipeg

Property score

40.1

Below average

Overall 40.1 · Smaller and older than most nearby homes

618 sqft (bottom 3%) · Built in 1922 (23 yrs older than avg)

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

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 7 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

35% smaller than neighborhood avg.

Year Built

Below average

23 yrs older 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

40.1 is composed by the two sections below.

Property Score

22.0Low
Living Area618 sqft15Low
Year Built192220Low
Lot Size3,278 sqft38Low
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

below average
618 sqft
0255075100
Same streetBottom 4%Same areaBottom 3%CitywideBottom 1%
Same street · Sydney Avenue
#182 / 189
Bottom 4% · Avg 902 sqft
Same area · Munroe West
#1,087 / 1,123
Bottom 3% · Avg 958 sqft
Citywide · Winnipeg
#192,312 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
186k
0255075100
Same streetBottom 4%Same areaBottom 5%CitywideBottom 6%
Same street · Sydney Avenue
#181 / 189
Bottom 4% · Avg 250k
Same area · Munroe West
#1,068 / 1,123
Bottom 5% · Avg 273.5k
Citywide · Winnipeg
#181,891 / 194,458
Bottom 6% · Avg 390.1k

Year Built

below average
1922
0255075100
Same streetBottom 20%Same areaBottom 15%CitywideBottom 14%

Lot Size

below average
3,278 sqft
0255075100
Same streetBottom 7%Same areaBottom 11%CitywideBottom 16%

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

484 Sydney Avenue — 14 amenities found within 500 m, across 7 categories, including 1 dining (nearest 331 m), 7 education (nearest 362 m), 1 healthcare (nearest 411 m).

Search radius
🍽️Dining1
🏫Education7
🏥Healthcare1
🛒Shopping1
🌳Parks1
Fuel Stations1
Worship2

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 7/2024CA$150k–200k
Sold price

Same street

Bottom 14%

Same area

Bottom 10%

City-wide

Bottom 8%
Sold 3/2021CA$150k–200k
Sold price

Same street

Bottom 8%

Same area

Bottom 5%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 484 Sydney Avenue, Winnipeg

Property Overview: 484 Sydney Avenue, Winnipeg

Key Characteristics & Appeal

This home presents a straightforward, entry-level opportunity in Winnipeg's Munroe West neighborhood. Its primary appeal lies in its accessibility, with a recently sold price and assessed value significantly below averages for the street, area, and city. The 618 sqft living area is compact, indicating a cozy, low-maintenance interior suitable for a minimalist lifestyle or a first-time buyer. Built in 1922, the property is one of the older homes on the block, which may appeal to those interested in a home with character, though it likely requires a mindful approach to maintenance and updates.

The lot size, while below local averages, is still a respectable 3,278 sqft, offering outdoor space in a mature neighborhood. This property would suit a pragmatic, budget-conscious buyer—such as a first-time purchaser, an investor looking for a rental property, or someone seeking to downsize—who prioritizes financial entry into the market over square footage. A thoughtful perspective is that its below-average metrics across the board are precisely what create its affordability, making it a clear-value option in a high-cost environment.

Frequently Asked Questions

1. Why is the assessed value higher than the recent sold price?
Assessed values are for municipal tax purposes and are based on mass appraisal models, while the sold price reflects the actual market value agreed upon by a buyer and seller at a specific time. The lower sold price suggests the market currently values the property below its tax assessment.

2. What are the implications of the home being built in 1922?
While offering classic charm, a home of this age will likely have older building materials and systems. Prospective buyers should budget for potential updates and ensure a thorough inspection focuses on the foundation, wiring, plumbing, and roof.

3. The home is smaller than most in the city. Is it a legal single-family dwelling?
At 618 sqft, it falls within the range of a small bungalow or cottage. It is listed as a residential property, but if its use is a concern, verifying its legal status and zoning with the city is a recommended due diligence step.

4. How reliable is the sold price data shown?
The site notes that sold prices are based on public internet data, not the MLS, and have had limited verification. For fully verified transaction history and exact figures, you must request the information directly from the site via email.

5. The lot is smaller than others nearby. Can I still add an extension or garage?
The 3,278 sqft lot provides some flexibility, but any expansion would be subject to the City of Winnipeg's zoning bylaws, which dictate setback requirements and maximum lot coverage. A review of the specific property's zoning would be necessary.

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