510 Chelsea Avenue

Munroe West, Winnipeg

Property score

50.9

Fair

Overall 50.9 · Newer than most nearby homes

864 sqft (bottom 42%) · Built in 1954 (9 yrs newer 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, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 75%Tagalog · 3%

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

50.9 is composed by the two sections below.

Property Score

38.7Low
Living Area32
864 sqftLow
Year Built36
1954Low
Lot Size60
4,682 sqftFair
Neighbourhood Sales Activity65
Good

Community Score

69.3Good
Household Income75
Good
Education Level44
Low
Housing Stress74
Good
Core Housing Need88
Excellent
Employment Health68
Good

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: #46110699

Community deep dive

$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

Population, labour & age

Population (2021)632
Labour force participation rate70%
Median age37.6
Avg household size2.4
Unemployment rate13%
Population density1504 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households34%
Couple families with children25%
Median household income (2020)$77K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$290K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority16%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

around average
864 sqft
0255075100
Same streetBottom 46%Same areaBottom 42%CitywideBottom 14%
Same street · Chelsea Avenue
#93 / 172
Bottom 46% · Avg 978 sqft
Same area · Munroe West
#653 / 1,123
Bottom 42% · Avg 958 sqft
Citywide · Winnipeg
#167,924 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

around average
289k
0255075100
Same streetBottom 42%Same areaTop 39%CitywideBottom 26%
Same street · Chelsea Avenue
#100 / 172
Bottom 42% · Avg 295.1k
Same area · Munroe West
#438 / 1,123
Top 39% · Avg 273.5k
Citywide · Winnipeg
#143,334 / 194,458
Bottom 26% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetTop 35%Same areaTop 27%CitywideBottom 33%

Lot Size

around average
4,682 sqft
0255075100
Same streetBottom 19%Same areaBottom 41%CitywideBottom 37%

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

510 Chelsea Avenue — 9 amenities found within 500 m, across 8 categories, including 1 dining (nearest 179 m), 1 education (nearest 359 m), 1 healthcare (nearest 247 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks1
Fuel Stations1
Worship2
🏛️Government1

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 6/2021CA$250k–300k
Sold price

Same street

Top 49%

Same area

Top 31%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 510 Chelsea Avenue, Winnipeg

Property Overview: 510 Chelsea Avenue, Winnipeg

Key Characteristics & Appeal

This is a modest, mid-century bungalow built in 1954, situated on a standard-sized lot in the Munroe West neighbourhood. Its primary appeal lies in its positioning as a squarely average home within its immediate context, offering a practical entry point into the Winnipeg market. With 864 square feet of living space and an assessed value of $289,000, it ranks consistently around the middle compared to homes on its own street and in the Munroe West area. This suggests a property that is neither standout nor outlier, but a stable and predictable offering.

A thoughtful perspective is that its "average" metrics locally become a relative value citywide. While the home is typical for Chelsea Avenue, its assessed value is notably below the Winnipeg city average, potentially offering more house for the money within this specific community. The lot, while smaller than others on the street, is still generous compared to many newer developments. This property would suit first-time buyers or practical downsizers seeking a straightforward, no-surprises home in an established neighbourhood, without the premium price of a newer or significantly larger property.

Frequently Asked Questions

1. How does this home's value compare to recent sales?
Based on available data, it last sold between $250,000 and $300,000 in June 2021. Its current assessed value of $289,000 sits near the top of that range, indicating stable or slightly appreciating value in line with area trends.

2. Is the living space smaller than similar homes?
At 864 sqft, it is moderately smaller than the average home on Chelsea Avenue (~978 sqft) and in Munroe West (~958 sqft). It is more compact than the typical Winnipeg home, which averages around 1,342 sqft.

3. What does the "below average" lot size mean for this property?
The 4,682 sqft lot is smaller than many on its street but is close to the average for the Munroe West area. It provides a manageable outdoor space typical of the neighbourhood's era, likely requiring less maintenance than a larger plot.

4. The home was built in 1954. What should I consider?
As a home from the 1950s, prospective buyers should budget for updates to major aging components like the roof, windows, plumbing, and electrical systems. A thorough inspection is essential to understand the condition and any needed modernizations.

5. How can I get the exact historical sold prices?
The displayed sold price is an estimated range. To obtain verified, exact sale figures from the full transaction history, you must request a manual lookup via email through the site, as this data is not sourced from the MLS.