502 Trent Avenue

Munroe West, Winnipeg

Property score

39.2

Below average

Overall 39.2 · Smaller and older than most nearby homes

758 sqft (bottom 19%) · Built in 1924 (21 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: 7 schools, 1 shop, 1 park, and 2 place of worships nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

21 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

39.2 is composed by the two sections below.

Property Score

28.4Low
Living Area758 sqft22Low
Year Built192420Low
Lot Size4,150 sqft53Fair
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
758 sqft
0255075100
Same streetBottom 29%Same areaBottom 19%CitywideBottom 7%
Same street · Trent Avenue
#124 / 174
Bottom 29% · Avg 908 sqft
Same area · Munroe West
#913 / 1,123
Bottom 19% · Avg 958 sqft
Citywide · Winnipeg
#181,561 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

around average
240k
0255075100
Same streetBottom 44%Same areaBottom 23%CitywideBottom 15%
Same street · Trent Avenue
#97 / 174
Bottom 44% · Avg 246k
Same area · Munroe West
#869 / 1,123
Bottom 23% · Avg 273.5k
Citywide · Winnipeg
#165,342 / 194,458
Bottom 15% · Avg 390.1k

Year Built

around average
1924
0255075100
Same streetBottom 42%Same areaBottom 18%CitywideBottom 15%

Lot Size

around average
4,150 sqft
0255075100
Same streetTop 31%Same areaBottom 31%CitywideBottom 28%

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

502 Trent Avenue — 11 amenities found within 500 m, across 4 categories, including 7 education (nearest 185 m), 1 shopping (nearest 102 m), 1 parks (nearest 483 m).

Search radius
🏫Education7
🛒Shopping1
🌳Parks1
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 9/2022CA$250k–300k
Sold price

Same street

Bottom 48%

Same area

Bottom 48%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 502 Trent Avenue, Winnipeg

Property Overview

502 Trent Avenue is a 758 sqft home built in 1924, situated on a 4,150 sqft lot in Winnipeg's Munroe West neighbourhood. With an assessed value of $240k, it presents a specific, value-oriented profile in the local market.

Key Characteristics & Appeal

This home’s primary appeal lies in its position as an affordable entry point into homeownership. Its assessed value is notably below the Winnipeg city average, offering relative value within its immediate area. The lot size is generous for the street, providing more outdoor space than many neighbouring properties—a potential advantage for gardening, expansion, or simply having more breathing room.

The house itself is compact and historic, requiring a buyer comfortable with a smaller footprint and the potential maintenance considerations of a century-old structure. It would suit first-time buyers, downsizers, or practical investors looking for a lower-cost holding. Its value is contextual: while its size and age place it in the lower tiers city-wide, it holds a more middle-of-the-road position on its own street, suggesting Trent Avenue is a neighbourhood of modest, older homes. The appeal here isn't about luxury or size, but about fundamentals: land, location, and a manageable price point for a single-family home.


Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $240k is for municipal tax purposes. While it provides a benchmark, the final sale price is determined by the market. Recent sold data for the area suggests homes in this range have sold between $250k and $300k.

2. What are the implications of the home being over 100 years old?
While offering classic charm, a 1924 build will likely require diligent upkeep. Prospective buyers should budget for potential updates to major systems like wiring, plumbing, or the roof, and prioritize a thorough inspection.

3. The home is smaller than average. How does the lot size help?
At 4,150 sqft, the lot is larger than many on Trent Avenue. This compensates for the smaller living area by offering valuable outdoor space, which could be used for recreation, storage, or future projects like a shed or deck, enhancing the property's utility.

4. How does this property rank compared to its immediate neighbours?
The data shows a mixed picture. Its living area is below the street average, but its lot size and assessed value are more aligned with or better than nearby homes. This indicates you're buying into a street of similar, modest properties rather than being an outlier.

5. Where can I get verified historical sale prices for this home?
The site provides sold price ranges based on public data. For fully verified and exact transaction figures, you must request a manual lookup via email, as this information is not sourced from the MLS system.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.