525 Sydney Avenue

Munroe West, Winnipeg

Property score

45.5

Below average

Overall 45.5 · Smaller and older than most nearby homes

777 sqft (bottom 22%) · Built in 1914 (31 yrs older 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, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Below average

31 yrs older 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

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

45.5 is composed by the two sections below.

Property Score

29.7Low
Living Area777 sqft22Low
Year Built191416Low
Lot Size5,000 sqft67Good
Neighbourhood Sales Activity65Good

Community Score

69.3Good
Household Income75Good
Education Level44Low
Housing Stress74Good
Core Housing Need88Excellent
Employment Health68Good

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
777 sqft
0255075100
Same streetBottom 33%Same areaBottom 22%CitywideBottom 8%
Same street · Sydney Avenue
#126 / 189
Bottom 33% · Avg 902 sqft
Same area · Munroe West
#879 / 1,123
Bottom 22% · Avg 958 sqft
Citywide · Winnipeg
#179,536 / 194,458
Bottom 8% · Avg 1,342 sqft

Tax-Assessed Value

around average
252k
0255075100
Same streetTop 47%Same areaBottom 30%CitywideBottom 18%
Same street · Sydney Avenue
#89 / 189
Top 47% · Avg 250k
Same area · Munroe West
#782 / 1,123
Bottom 30% · Avg 273.5k
Citywide · Winnipeg
#160,206 / 194,458
Bottom 18% · Avg 390.1k

Year Built

below average
1914
0255075100
Same streetBottom 11%Same areaBottom 8%CitywideBottom 11%

Lot Size

Elite
5,000 sqft
0255075100
Same streetTop 4%Same areaTop 45%CitywideBottom 45%

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

525 Sydney Avenue — 9 amenities found within 500 m, across 8 categories, including 1 dining (nearest 312 m), 1 education (nearest 455 m), 1 healthcare (nearest 382 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 10/2020CA$200k–250k
Sold price

Same street

Bottom 45%

Same area

Bottom 30%

City-wide

Bottom 16%
Sold 10/2017CA$150k–200k
Sold price

Same street

Bottom 28%

Same area

Bottom 14%

City-wide

Bottom 10%

Related homes

Highlights & common questions: 525 Sydney Avenue, Winnipeg

Property Overview: 525 Sydney Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a distinct value proposition centered on its generous 5,000 sqft lot, which is notably larger than most on its street and in the immediate Munroe West area. The house itself, built in 1914, is compact at 777 sqft, placing it below the average size for the neighbourhood and city. Its assessed value of $252k is very typical for the street and area but sits well below the Winnipeg city average, indicating a more affordable entry point into the market.

The primary appeal lies in the land itself. This property suits a buyer who prioritizes outdoor space for gardening, expansion, or simply having room to breathe, over a large interior footprint. It’s a practical fit for a first-time buyer, an investor, or someone looking to downsize without sacrificing yard size. The home’s age suggests potential for character but also necessitates a mindful approach to maintenance and updates. A thoughtful perspective is that this property offers the chance to own a proportionally large lot in an established neighbourhood—a feature that is increasingly rare and cannot be added to a home later.

Section 2: Frequently Asked Questions

1. Is the house in need of major updates due to its age?
Built in 1914, the home is older than most in the area. A thorough inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation, which may require updating or maintenance.

2. How does the lot size compare to nearby properties?
The 5,000 sqft lot is a standout feature. It ranks in the top 4% on Sydney Avenue, meaning it is significantly larger than the street average of about 3,914 sqft.

3. The living area seems small. How does it compare?
At 777 sqft, the home’s living space is below the average for both Munroe West (~958 sqft) and Winnipeg overall (~1,342 sqft). This confirms it is a more compact dwelling, emphasizing efficient use of space.

4. What is the property’s value history?
Public records show it sold between $150k-$200k in 2017 and between $200k-$250k in 2020. Exact sale prices require a manual lookup request through the site.

5. Is the assessed value a reliable indicator of market price?
The $252k assessment is close to the average for Sydney Avenue and Munroe West. However, market price is determined by current conditions, buyer demand, and the property's specific state, so it may differ.

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.