Property score
56.3
Fair
Overall 56.3 · Larger and newer than most nearby homes
1,051 sqft (top 27%) · Built in 1977 (32 yrs newer than avg)
Located in a average-income area with median household income of ~47.6k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 6 schools, 1 shop, 1 park, and 2 place of worships nearby
Living Area
Above average
10% larger than neighborhood avg.
Year Built
Above average
32 yrs newer than neighborhood avg.
Mother tongue
English · 69%Tagalog · 7%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
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56.3 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: #46110893
$48K
Median household income
$61K
Average household income
23%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
54%
Single-person households
16%
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 Trent Avenue — 10 amenities found within 500 m, across 4 categories, including 6 education (nearest 260 m), 1 shopping (nearest 168 m), 1 parks (nearest 497 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 43% | Top 45% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 540 Trent Avenue, Winnipeg
Key Characteristics & Appeal
This home at 540 Trent Avenue in Munroe West presents a compelling value proposition within its immediate neighborhood. Built in 1977, it is a notably newer property compared to many area homes, offering modern construction benefits. With 1,051 sqft of living space, it provides above-average roominess for both the street and the wider Munroe West area. A key standout feature is its generous 4,930 sqft lot, which is significantly larger than most on Trent Avenue, offering ample outdoor space and potential.
The primary appeal lies in its strong positional value. The property’s assessed value of $352k ranks in the top 6% on its street and the top 4% in Munroe West, indicating it is considered a premium asset within its local market. This suggests a well-maintained or updated home in a desirable pocket of the neighborhood. However, its value is more aligned with the Winnipeg city-wide average, hinting that you are acquiring a top-tier local property without a premium city-wide price tag.
This property would suit practical buyers looking for a solid, move-in-ready home in a stable neighborhood. It’s ideal for someone who values space—both indoors and out—and appreciates the lower maintenance that comes with a newer build. It particularly fits buyers seeking a "best house on the block" scenario, where the investment is anchored by its standout status on the street and in the immediate area.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value ($352k) is for municipal tax purposes and is a strong indicator of the property’s standing relative to its neighbors. However, the final sale price will be determined by the current market. Its "elite" ranking in the area suggests it should command a price at or above this assessment.
2. What does the 1977 build year mean for maintenance?
A 1977 home is newer than most in the area, which typically means fewer issues with outdated plumbing, wiring, or foundations common in much older homes. Buyers should still expect and inspect for updates common to this era, such as windows, roofing, and HVAC systems, which may be nearing the end of their lifespan.
3. The lot is large for the street. What are the implications?
The large lot (4,930 sqft) offers excellent outdoor space for gardening, play, or entertaining. It also provides a greater sense of privacy and may offer future potential for additions or landscaping projects that aren't possible on smaller, standard lots in the area.
4. How does this home compare city-wide?
The data shows a interesting dynamic: this is a premier property in its local context (top 4% in Munroe West by value) but sits around the city-wide average for both value and living space. This can be seen as an opportunity to buy into a desirable local position without paying a premium associated with the city's most expensive districts.
5. Where can I find more detailed historical data, like exact past sale prices?
The site notes that exact sold price records are not displayed publicly due to industry rules. You can request the exact sale history and verified figures directly via email from the site provider, who will manually look up the information and send it to you.
