526 Neil Avenue

Munroe West, Winnipeg

60.9

Fair

Overall 60.9

Larger and newer than most nearby homes

1,074 sqft (top 24%)

Built in 1955 (10 yrs newer than avg)

Located in a above-average income area

with median household income of ~76.5k

Transit 94.0

1-min walk to transit with 4 nearby routes

Within 500m: 1 dining spot, 5 schools, 1 shop, and 1 park nearby

Living Area

Above average

12% larger than neighborhood avg.

Year Built

Above average

10 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

60.9 is composed by the two sections below.

Property Score

55.3Fair
Living Area1,074 sqft52Fair
Year Built195536Low
Lot Size7,970 sqft91Excellent
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

above average
1,074 sqft
0255075100
Same streetBottom 49%Same areaTop 24%CitywideBottom 36%
Same street · Neil Avenue
#55 / 108
Bottom 49% · Avg 1,136 sqft
Same area · Munroe West
#274 / 1,123
Top 24% · Avg 958 sqft
Citywide · Winnipeg
#124,271 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
328k
0255075100
Same streetTop 28%Same areaTop 10%CitywideBottom 38%
Same street · Neil Avenue
#30 / 108
Top 28% · Avg 325.9k
Same area · Munroe West
#109 / 1,123
Top 10% · Avg 273.5k
Citywide · Winnipeg
#120,015 / 194,458
Bottom 38% · Avg 390.1k

Year Built

Elite
1955
0255075100
Same streetTop 4%Same areaTop 11%CitywideBottom 34%

Lot Size

Elite
7,970 sqft
0255075100
Same streetTop 23%Same areaTop 2%CitywideTop 11%

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

526 Neil Avenue — 10 amenities found within 500 m, across 5 categories, including 1 dining (nearest 446 m), 5 education (nearest 352 m), 1 shopping (nearest 180 m).

Search radius
🍽️Dining1
🏫Education5
🛒Shopping1
🌳Parks1
Worship2

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 8/2024CA$350k–400k
Sold price

Same street

Top 16%

Same area

Top 6%

City-wide

Top 41%

Related homes

Highlights & common questions: 526 Neil Avenue, Winnipeg

Property Overview: 526 Neil Avenue, Winnipeg

Key Characteristics & Appeal

This 1,074 sqft bungalow, built in 1955, sits on a notably large, nearly 8,000 sqft lot in the Munroe West neighborhood. Its primary appeal lies in the exceptional land size, which ranks in the top 2% of the local area, offering significant space for gardening, expansion, or outdoor living—a relative rarity. The home’s assessed value of $328k positions it as a premium property within Munroe West (top 10%), suggesting a well-regarded location or above-average condition relative to nearby homes.

While the living space is modest and typical for the street, it is above average for the immediate area. A thoughtful perspective is that this property represents a "land-value play" with a liveable house. It suits a buyer looking for a solid foundation in a established neighborhood, with the future potential to renovate or expand thanks to the generous lot. It would also appeal to those who prioritize private outdoor space over a large interior footprint. The recent sale in 2024 indicates it was a move-in ready opportunity, not a project property.


Frequently Asked Questions

1. How does the lot size compare to typical properties?
The lot is a key feature. At 7,970 sqft, it is significantly larger than the average lot in both Munroe West (top 2%) and Winnipeg overall (top 11%).

2. Is the assessed value high for the area?
Yes. The $328k assessment is above average for both Neil Avenue and the Munroe West neighborhood, placing it in the top 10% locally. This often reflects the lot value, updates, or a desirable location on the street.

3. What does the sale history tell us?
The property sold between $350k-$400k in August 2024. This recent, stable turnover suggests it was a market-ready home and provides a clear benchmark for its current market value.

4. How does the living space compare?
At 1,074 sqft, the home is slightly smaller than the average on Neil Avenue but is actually above the average size for the broader Munroe West area, indicating a neighborhood of generally compact homes.

5. The home was built in 1955. Is that older than its neighbors?
Interestingly, no. On Neil Avenue, a 1955 build date is actually newer than most, ranking in the elite top 4%. For the wider area and city, its age is fairly typical for Winnipeg’s housing stock.

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.