Property score
58.2
Fair
Overall 58.2 · Larger and newer than most nearby homes
1,068 sqft (top 25%) · Built in 1954 (9 yrs newer than avg)
Located in a above-average income area with median household income of ~68k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 10 schools, 1 shop, and 1 park nearby
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Above average
9 yrs newer than neighborhood avg.
Mother tongue
English · 81%Tagalog · 3%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
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58.2 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: #46110891
$68K
Median household income
$70K
Average household income
18%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
35%
Single-person households
20%
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
486 Neil Avenue — 15 amenities found within 500 m, across 5 categories, including 1 dining (nearest 462 m), 10 education (nearest 238 m), 1 shopping (nearest 16 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 | Bottom 30% | Top 44% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 486 Neil Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling value proposition centered on its generous lot size and established neighborhood. Built in 1954, the 1,068 sqft house sits on an 8,022 sqft property—a standout feature that places it in the top 2% of lots in the Munroe West area. This significant outdoor space is its most distinctive asset, offering rare potential for expansion, gardening, or recreation within the city.
The home’s assessed value of $328,000 is notably above average for Munroe West (top 10%), suggesting solid inherent value and a desirable location, while the living area is comfortably sized for the immediate area. Its appeal lies in this balance: it’s a property with a city-sized house on a much larger-than-city-average parcel of land. It would suit a buyer looking for a solid starter or retirement home in a mature neighborhood who prioritizes outdoor space over a massive interior, or a long-term investor who values the future potential that a large lot affords.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg properties?
The lot is significantly larger than average. At over 8,000 sqft, it ranks in the top 11% city-wide and is more than 1,500 sqft larger than the city average lot.
2. The home was last sold in 2016. What was the exact sale price?
The public data shows a sale price in the CA$250,000–$300,000 range for October 2016. For fully verified and exact historical sale figures, a manual lookup can be requested directly from the site.
3. Is the living area smaller than other homes on Neil Avenue?
At 1,068 sqft, it is slightly below the average for Neil Avenue (1,136 sqft) but is actually above the average home size for the broader Munroe West neighborhood.
4. What does the "Elite" ranking for the land area mean?
This indicates the property’s lot size is in the top 2% when compared to over 1,100 similar homes in the Munroe West area, making it an exceptionally large lot for that specific community.
5. The assessed value seems high for the neighborhood. Why?
While the assessed value is above the Munroe West average, it is closely aligned with the average value on Neil Avenue itself. This suggests the specific street or block may command a premium, potentially due to lot sizes, streetscape, or other localized factors.
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