Property score
53.4
Fair
Overall 53.4 · Newer than most nearby homes
996 sqft (top 35%) · Built in 1959 (14 yrs newer than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Above average
14 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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53.4 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
519 Sydney Avenue — 10 amenities found within 500 m, across 7 categories, including 1 dining (nearest 300 m), 2 education (nearest 428 m), 1 healthcare (nearest 373 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 42% | Bottom 38% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 519 Sydney Avenue, Winnipeg
Key Characteristics & Appeal
This 996 sqft bungalow, built in 1959, presents a compelling mix of value and character in the Munroe West neighbourhood. Its primary appeal lies in its strong assessed value of $308k, which ranks significantly above average for both its immediate street (top 6%) and the broader Munroe West area (top 20%). This suggests a well-maintained or updated home that stands out in its local context.
The home is notably newer than most on its street, offering potential advantages in systems and layout over many older area homes. While the 3,100 sqft lot is smaller than area norms, this can translate to lower maintenance—a practical perk for many buyers. The living space is efficient and above average for the street, but modest compared to the citywide average, indicating a cozy, manageable footprint.
This property would suit first-time buyers or downsizers seeking a move-in-ready home in a stable neighbourhood without the upkeep of a large yard. It’s also a smart option for value-focused buyers looking for a property that already shows strong assessed value relative to its peers, which can be a positive indicator for equity.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home last sold between $200k-$250k in mid-2020. The current assessed value of $308k is higher, reflecting market changes and likely updates to the property. For exact historical sale figures, you can request a manual lookup via the site.
2. Is the smaller lot size a major drawback?
While the lot is smaller than most in Munroe West, it requires less maintenance and may be ideal for those preferring more indoor space or a simpler yard. It’s a trade-off that suits a specific lifestyle.
3. The home is newer than neighbours—what does that mean for me?
Built in 1959, it’s decades newer than many area homes (street average: 1939). This often means more modern construction techniques, potentially updated electrical or plumbing, and a floor plan that better aligns with contemporary living.
4. What does “above average” assessed value really indicate?
Ranking in the top 6% on its street for assessed value suggests municipal assessors view this property as superior in condition, features, or improvements compared to direct neighbours. It’s a useful benchmark for perceived value.
5. Who are the typical buyers in this area?
Munroe West attracts a mix of long-term residents, young families, and practical buyers seeking established communities with mature amenities. This particular home, with its manageable size and strong local value ranking, is especially suited to professionals or empty-nesters looking for convenience and stability.
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