Property score
50.9
Fair
Overall 50.9 · Newer than most nearby homes
864 sqft (bottom 42%) · Built in 1955 (10 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, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
10% smaller 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)
477
363.3k
$342/sqft
1945
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
Free · No credit card required
50.9 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
530 Chelsea Avenue — 9 amenities found within 500 m, across 8 categories, including 1 dining (nearest 221 m), 1 education (nearest 424 m), 1 healthcare (nearest 277 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 | Bottom 21% | Bottom 35% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 530 Chelsea Avenue, Winnipeg
Key Characteristics & Appeal
This 864 sqft bungalow, built in 1955, sits on a 4,682 sqft lot in the Munroe West neighbourhood. Its primary appeal lies in its strong positional value within its immediate context. While its size is below the citywide average, it is squarely average for both Chelsea Avenue and the Munroe West area, representing a typical home for this established community. The assessed value of $297k follows a similar pattern, being very close to the street average and above the neighbourhood average, yet below the Winnipeg city average. This suggests a property that is reasonably priced within its local market.
A thoughtful perspective is that this home, built in 1955, is notably newer than many of its direct neighbours on Chelsea Avenue and in Munroe West, ranking in the top 6% and 11% respectively for year built. This could imply updated infrastructure or a different architectural era compared to surrounding homes. The lot, while smaller than others on its street, is typical for the area. This property would suit a first-time buyer or downsizer looking for an entry into a stable, mature neighbourhood without a premium for extra square footage, or an investor seeking a manageable, character property with strong local fundamentals.
Frequently Asked Questions
1. How does this home’s value compare to nearby sales?
The home last sold between $200k-$250k in August 2019. Current assessed value is $297k. For precise, verified sale figures of this and comparable properties, you can request a manual lookup via email.
2. Is the living space smaller than average?
At 864 sqft, it is smaller than the Winnipeg average (~1,342 sqft). However, it is very much in line with the typical home size on Chelsea Avenue (~978 sqft) and in the Munroe West area (~958 sqft), making it a standard offering for this location.
3. What does the "newer" year built ranking mean?
Built in 1955, this home is newer than most on its street and in the Munroe West area, where many homes were built around 1945-1950. This doesn't guarantee updates, but may indicate differences in original construction materials or layout compared to immediate neighbours.
4. How does the lot size impact the property?
The 4,682 sqft lot is below average for Chelsea Avenue but average for the wider Munroe West area. It offers a manageable yard space typical of the neighbourhood, which can be a positive for lower maintenance.
5. Where can I see more detailed local comparisons?
A neighbourhood analysis map is available to visually compare this property with nearby homes based on year built, living area, assessed value, and lot size.
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.
