Property score
58.1
Fair
Overall 58.1 · Newer than most nearby homes
957 sqft (top 40%) · Built in 1955 (10 yrs newer than avg)
Located in a above-average income area with median household income of ~82k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 1 park nearby
Living Area
Near average
0% smaller than neighborhood avg.
Year Built
Above average
10 yrs newer than neighborhood avg.
Mother tongue
English · 71%Tagalog · 4%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
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58.1 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: #46110700
$82K
Median household income
$100K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
28%
Single-person households
28%
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
540 Kimberly Avenue — 10 amenities found within 500 m, across 7 categories, including 1 dining (nearest 182 m), 2 education (nearest 431 m), 1 healthcare (nearest 175 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 38% | Top 33% | Bottom 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 540 Kimberly Avenue, Winnipeg
Key Characteristics & Appeal
This 957 sqft bungalow, built in 1955, sits on a generous 5,575 sqft lot in Munroe West. Its primary appeal lies in its strong value proposition within its immediate context. While the living space is modest compared to the citywide average, the property stands out in its neighbourhood and on its street for its above-average assessed value ($343K), suggesting it is a well-regarded or improved home in the area. This creates an interesting dynamic: you are acquiring a home that is a high-performer on its block but priced within the broader city's mid-range.
The lot size is a significant asset, offering ample outdoor space that is larger than many in Munroe West. This combination—a manageable, single-level home on a sizable lot—would suit first-time buyers looking for a solid entry point with room to grow, or downsizers seeking a comfortable layout without sacrificing yard space. It’s a practical choice for someone who values neighbourhood standing and lot potential over sheer interior square footage. A thoughtful perspective is recognizing that its above-average assessment for the area could indicate less need for immediate major upgrades compared to neighbouring properties, potentially offering move-in readiness.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value of $343K is for municipal tax purposes and is a historical snapshot. It indicates the home is considered above average for Munroe West. Market value is determined by current sale prices, which can be higher or lower. This home last sold between $250K-$300K in 2017.
2. Is the living area sufficient for a small family?
At 957 sqft, the living area is typical for the neighbourhood but below the city average. It would comfortably suit a couple, a small family, or someone looking for a cozy, efficient layout. The sizable lot offers valuable expansion potential, subject to local zoning.
3. What does the "above average" ranking for assessed value in the area mean?
It means this home's municipal assessment is higher than 94% of comparable properties in Munroe West. This often reflects factors like renovations, additions, superior condition, or desirable lot features compared to its immediate peers.
4. How can I find out the exact historical sale prices?
The site provides sold price ranges for context. Due to industry regulations, exact MLS sale figures are not displayed online here. You can request the full, verified transaction history by emailing the site directly for a manual lookup.
5. What are the implications of a 71-year-old home?
Built in 1955, the home is of a typical vintage for the area. This means potential for classic charm and solid construction, but it warrants a thorough inspection to understand the condition and age of major systems like plumbing, electrical, and the roof.
