Property score
62.0
Fair
Overall 62.0 · Newer than most nearby homes
1,001 sqft (top 34%) · Built in 2022 (77 yrs newer than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 7 schools, 1 shop, and 1 park nearby
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Above average
77 yrs newer 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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62.0 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
511 Trent Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 492 m), 7 education (nearest 233 m), 1 shopping (nearest 71 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 | Top 1% | Top 1% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 511 Trent Avenue, Winnipeg
Key Characteristics & Appeal
This is a modern, recently built home (2022) in the Munroe West neighborhood, offering a turn-key living experience with minimal upkeep. Its primary appeal lies in its new construction status and strong value position within its immediate area. At 1,001 sqft, the living space is comfortably above average for Trent Avenue and typical for Munroe West, though more compact than the Winnipeg city average. The standout feature is its assessed value of $372k, which ranks in the elite top 2% of both its street and neighborhood, indicating it is a higher-value property among its closest peers. However, the lot size is notably smaller than most surrounding properties.
This home would ideally suit first-time buyers or downsizers seeking a modern, low-maintenance property without the need for a large yard. It also appeals to value-focused buyers who prioritize a newer build in an established neighborhood and understand they are purchasing a premium property for the specific area. A thoughtful perspective is that while the home is new, its compact lot may represent a trade-off—offering modern interiors but less outdoor space than older homes on the street.
Frequently Asked Questions
1. Why is the assessed value so high compared to neighbors on the street?
The assessed value reflects the home's very recent construction (2022), unlike many older homes on the street. New builds typically have higher valuations due to modern materials, systems, and building codes, placing this property in a different tier than its neighbors.
2. Is the living space sufficient for a small family?
At just over 1,000 sqft, the living area is practical for a small family or couple. It is larger than many homes on Trent Avenue but below the city-wide average, suggesting efficient use of space rather than expansive rooms.
3. What does the "below average" land area ranking mean for me?
The lot is significantly smaller than most in Munroe West and across Winnipeg. This means lower yard maintenance but also limited private outdoor space and potential for expansion. It's a defining characteristic of this property.
4. The home sold in 2022. What does the sold price data indicate?
Public records show it sold for an estimated $400k-$450k in late 2022, ranking in the top 1% for the area at that time. This aligns with its high current assessment, showing it has consistently been a premium-priced home for this specific location.
5. How does this property fit within the broader Winnipeg market?
City-wide, its assessed value is around average, and its living space is below average. This highlights that its premium price is relative to its immediate neighborhood, offering modern amenities in a locale where older homes are the norm.
