495 Sydney Avenue

Munroe West, Winnipeg

Property score

52.6

Fair

Overall 52.6 · Newer than most nearby homes

936 sqft (top 44%) · Built in 1956 (11 yrs newer than avg)

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

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 6 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Above average

11 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

52.6 is composed by the two sections below.

Property Score

42.8Low
Living Area936 sqft42Low
Year Built195643Low
Lot Size3,300 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

around average
936 sqft
0255075100
Same streetTop 33%Same areaTop 44%CitywideBottom 20%
Same street · Sydney Avenue
#62 / 189
Top 33% · Avg 902 sqft
Same area · Munroe West
#492 / 1,123
Top 44% · Avg 958 sqft
Citywide · Winnipeg
#155,439 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
295k
0255075100
Same streetTop 9%Same areaTop 33%CitywideBottom 28%
Same street · Sydney Avenue
#17 / 189
Top 9% · Avg 250k
Same area · Munroe West
#368 / 1,123
Top 33% · Avg 273.5k
Citywide · Winnipeg
#140,276 / 194,458
Bottom 28% · Avg 390.1k

Year Built

above average
1956
0255075100
Same streetTop 10%Same areaTop 10%CitywideBottom 36%

Lot Size

around average
3,300 sqft
0255075100
Same streetTop 45%Same areaBottom 21%CitywideBottom 17%

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

495 Sydney Avenue — 13 amenities found within 500 m, across 7 categories, including 1 dining (nearest 283 m), 6 education (nearest 345 m), 1 healthcare (nearest 363 m).

Search radius
🍽️Dining1
🏫Education6
🏥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 2/2021CA$250k–300k
Sold price

Same street

Top 28%

Same area

Top 43%

City-wide

Bottom 28%

Related homes

Highlights & common questions: 495 Sydney Avenue, Winnipeg

Property Overview: 495 Sydney Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 936 sqft bungalow, built in 1956 on a 3,300 sqft lot in Munroe West, presents a compelling value proposition rooted in its specific context. Its primary appeal lies in being a well-maintained, modern home for its immediate area. While its size is below the Winnipeg city average, it ranks well above average for both assessed value and year built on its own street, suggesting it is a more updated and valuable property among its closest peers.

The home would suit practical, value-conscious buyers—particularly first-time homeowners or downsizers—who prioritize move-in readiness and modern systems over sheer square footage. It offers the benefit of a newer structure in an established neighbourhood without the premium price of a brand-new build. A thoughtful perspective is that this property represents a "neighbourhood-centric" value: it may be a smaller home by broad city standards, but within the local context of Sydney Avenue and Munroe West, it stands out as a comparatively recent and highly assessed property, offering a sensible balance of updates, lot size, and community.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value of $295,000 is significantly above the street average ($250k) and slightly above the neighbourhood average ($273.5k), indicating it is considered a higher-value property in its immediate area.

2. Is the living space small?
At 936 sqft, the living area is slightly above the average for both Sydney Avenue (902 sqft) and the wider Munroe West area (958 sqft). However, it is notably smaller than the Winnipeg city-wide average for homes, which is over 1,300 sqft.

3. What does the "year built" ranking mean?
Built in 1956, this home is newer than approximately 90% of the homes on its street and in the Munroe West area, where average build years are 1939 and 1945, respectively. This suggests more modern construction and potentially fewer major age-related updates compared to neighbours.

4. How does the lot size compare?
The 3,300 sqft lot is slightly below average for Sydney Avenue and more notably below the averages for the broader Munroe West area and Winnipeg. This is typical for older neighbourhoods and may mean less yard maintenance.

5. Where can I get verified sale price history for this home?
The provided data is based on public records, not the MLS. For fully verified transaction history and exact sold prices, you must request a manual lookup via email through the site, as industry rules prevent the display of MLS sold records here.

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