488 Trent Avenue

Munroe West, Winnipeg

Property score

33.8

Below average

Overall 33.8 · Smaller and older than most nearby homes

602 sqft (bottom 2%) · Built in 1930 (15 yrs older than avg)

Located in a average-income area with median household income of ~47.6k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 9 schools, 1 shop, 1 park, and 1 place of worship nearby

Living Area

Below average

37% smaller than neighborhood avg.

Year Built

Below average

15 yrs older than neighborhood avg.

Mother tongue

English · 69%Tagalog · 7%

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

33.8 is composed by the two sections below.

Property Score

19.4Low
Living Area602 sqft15Low
Year Built193022Low
Lot Size2,473 sqft18Low
Neighbourhood Sales Activity65Good

Community Score

55.4Fair
Household Income53Fair
Education Level44Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health42Low

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: #46110893

Community deep dive

$48K

Median household income

$61K

Average household income

23%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

54%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)609
Labour force participation rate51%
Median age43.2
Avg household size2.0
Unemployment rate7%
Population density3205 / km²

Households & income

Low income (LIM-AT, % pop.)23%
Single-person households54%
Couple families with children16%
Median household income (2020)$48K

Housing

Renter households53%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority29%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 68%
Mother tongue (2nd)Tagalog · 7%

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

Rankings

Living Area

below average
602 sqft
0255075100
Same streetBottom 7%Same areaBottom 2%CitywideBottom 1%
Same street · Trent Avenue
#162 / 174
Bottom 7% · Avg 908 sqft
Same area · Munroe West
#1,095 / 1,123
Bottom 2% · Avg 958 sqft
Citywide · Winnipeg
#192,719 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
198k
0255075100
Same streetBottom 26%Same areaBottom 8%CitywideBottom 8%
Same street · Trent Avenue
#129 / 174
Bottom 26% · Avg 246k
Same area · Munroe West
#1,032 / 1,123
Bottom 8% · Avg 273.5k
Citywide · Winnipeg
#179,032 / 194,458
Bottom 8% · Avg 390.1k

Year Built

around average
1930
0255075100
Same streetBottom 47%Same areaBottom 28%CitywideBottom 18%

Lot Size

below average
2,473 sqft
0255075100
Same streetBottom 16%Same areaBottom 2%CitywideBottom 4%

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

488 Trent Avenue — 12 amenities found within 500 m, across 4 categories, including 9 education (nearest 144 m), 1 shopping (nearest 106 m), 1 parks (nearest 487 m).

Search radius
🏫Education9
🛒Shopping1
🌳Parks1
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 9/2023CA$200k–250k
Sold price

Same street

Bottom 30%

Same area

Bottom 19%

City-wide

Bottom 13%

Related homes

Highlights & common questions: 488 Trent Avenue, Winnipeg

Property Overview: 488 Trent Avenue, Winnipeg

Key Characteristics & Appeal

This is a compact, historically grounded home built in 1930, offering a practical entry point into Winnipeg’s Munroe West neighborhood. Its key characteristic is its modest scale: with 602 sqft of living space and a 2,473 sqft lot, it sits well below average size for the street, area, and city. This translates to a correspondingly lower assessed value of $198k, which is notably more affordable than local and city-wide averages.

The appeal lies in its efficiency and opportunity. It suits first-time buyers, downsizers, or investors seeking a lower-cost foothold in a mature neighborhood without the maintenance of a larger property. The lot, while smaller than most, still provides outdoor space and represents a chance for creative landscaping or potential future expansion, subject to approvals. A thoughtful perspective is that its age and size position it as a "blank canvas" property in an established area, appealing to those who value location over square footage and see potential in adding value through thoughtful updates.

Frequently Asked Questions

1. Is this a small house compared to others in the area?
Yes, significantly. Its living area is in the bottom 7% on its own street and bottom 2% in the Munroe West area, making it one of the more compact homes available.

2. What does the assessed value tell me about the price?
The $198k assessment is below the street average of $246k, suggesting a potentially lower purchase price point. It indicates this property is valued for its land and location more than its current improvements.

3. How old is the house, and what does that mean for maintenance?
Built in 1930, it is 96 years old. While its age is around average for Trent Avenue, buyers should budget for updates to older mechanical systems, windows, and insulation, and consider a thorough inspection.

4. The lot seems smaller than others. Is it still usable?
At 2,473 sqft, the lot is functional but smaller than most in Winnipeg. It will accommodate a yard and garden but offers less privacy and space than larger, standard city lots. This can be a trade-off for lower maintenance.

5. Can I find out the exact price it last sold for?
The site provides a sold price range (CA$200k–250k in September 2023). Due to data rules, exact sold prices are not displayed publicly here but can be requested directly from the site via email for verified figures.

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