Property score
38.4
Below average
Overall 38.4 · Smaller and older than most nearby homes
564 sqft (bottom 1%) · Built in 1925 (20 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 8 schools, 1 shop, and 1 park nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Below average
20 yrs older than neighborhood avg.
Mother tongue
English · 75%Tagalog · 3%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
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38.4 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: #46110699
$77K
Median household income
$80K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
34%
Single-person households
25%
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
507 Trent Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 495 m), 8 education (nearest 224 m), 1 shopping (nearest 61 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 7% | Bottom 3% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 507 Trent Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, century-old home (built 1925) in Winnipeg's Munroe West neighbourhood, defined by its modest scale and accessible price point. With 564 sqft of living space and a 3,149 sqft lot, it is notably smaller than most homes on its street, in the area, and across the city. Its assessed value of $155k follows this pattern, sitting well below local and citywide averages.
The primary appeal lies in its position as an entry point into the housing market. It suits buyers with minimal space needs, such as a first-time buyer, an investor looking for a rental property, or someone seeking a low-maintenance footprint. Its age suggests potential character, but also implies a need for careful inspection of its systems and structure. A thoughtful perspective is that its smaller size and lot represent lower utility costs and less upkeep, which can be a significant long-term advantage. However, the data clearly indicates it is an outlier in terms of size and value within its context, which could influence future resale appeal and should be considered.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to its neighbours?
It is significantly smaller. With 564 sqft, it ranks in the bottom 3% on Trent Avenue and bottom 1% in the Munroe West area for living area.
2. What does the assessed value tell me about this property?
The $155k assessment is well below the average for comparable homes on its street ($246k), in Munroe West ($273.5k), and citywide ($390.1k). This typically reflects its smaller size and age, and suggests a lower property tax burden.
3. Are sold prices available for this home?
A sale was recorded in January 2023, with the price falling within the $150,000 - $200,000 range. For verified, exact historical sale figures, you must request a manual lookup via email from the site.
4. What are the implications of the home being built in 1925?
At over 100 years old, it is older than most homes in the city. This can mean charming architectural details, but it also necessitates a thorough inspection for updates to wiring, plumbing, insulation, and the foundation. It ranks as newer than many on its street but older than most in the wider area.
5. Is the lot size a constraint?
The lot is under 3,150 sqft, which is smaller than most in the vicinity. This limits potential for large additions or extensive outdoor amenities but aligns with the home's low-maintenance profile.
