Property score
57.3
Fair
Overall 57.3 · Newer than most nearby homes
977 sqft (top 37%) · 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 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 6 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
2% 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)
477
363.3k
$342/sqft
1945
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57.3 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
533 Neil Avenue — 13 amenities found within 500 m, across 7 categories, including 1 dining (nearest 382 m), 6 education (nearest 414 m), 1 healthcare (nearest 458 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 35% | Top 14% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 533 Neil Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 533 Neil Avenue in Munroe West presents a compelling mix of space, value, and location. Built in 1955, it is notably newer than most homes on its street and in the broader neighbourhood, which may suggest updated building systems or materials compared to its peers. The key feature is the generous 7,746 sqft lot, which is exceptionally large for the Munroe West area, ranking in the top 2% of local properties. This offers significant outdoor space and potential for gardening, expansion, or simply more privacy.
The 977 sqft living area is very typical for Munroe West, offering comfortable, manageable space. Its assessed value of $316,000 sits above the neighbourhood average, reflecting its desirable lot size and newer construction, while remaining below the city-wide average for homes. This creates a value proposition: you get more land and a relatively newer home for a price that is competitive within a sought-after community.
This property would suit a buyer looking for a established neighbourhood with room to breathe. It’s ideal for someone who values private outdoor space over a very large interior, and for those who appreciate a home that may require less immediate updating than many of its older neighbours. It represents a solid, grounded choice for a first-time buyer or downsizer seeking a character area without a character home’s typical maintenance age.
Section 2: Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is a standout feature. At 7,746 sqft, it is significantly larger than the Munroe West average of about 4,815 sqft, placing it in the top 2% of the neighbourhood for land area.
2. Is the home older or newer than others in the area?
Yes, it is notably newer. Built in 1955, it is much newer than the average home on Neil Avenue (avg. 1948) and in Munroe West (avg. 1945), ranking in the top 4% and 11% respectively for its year of construction.
3. What is the recent sales history?
Records indicate the property sold between July 2024 for a price in the CA$300,000–$350,000 range. Exact sold prices require a manual lookup request through the site.
4. How does the assessed value relate to the sale price?
The current assessed value is $316,000. The last known sale price fell within a band that contains this assessment, suggesting the assessment is in line with recent market activity.
5. Is the living space larger or smaller than average?
The 977 sqft living area is very close to the Munroe West average (958 sqft) but below the city-wide average (1,342 sqft). It offers a practical footprint that is standard for the immediate neighbourhood.
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