Property score
54.5
Fair
Overall 54.5 · Newer than most nearby homes
928 sqft (top 45%) · Built in 1955 (10 yrs newer than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 1 park nearby
Living Area
Near average
3% 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
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54.5 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
549 Sydney Avenue — 8 amenities found within 500 m, across 7 categories, including 1 dining (nearest 359 m), 1 healthcare (nearest 419 m), 1 shopping (nearest 374 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 14% | 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: 549 Sydney Avenue, Winnipeg
Key Characteristics & Appeal
This home at 549 Sydney Avenue in Munroe West presents a solid, grounded opportunity in the Winnipeg market. Built in 1955, it is a notably newer construction compared to many of its immediate neighbours, potentially offering advantages in building materials and systems. With 928 square feet of living space, it aligns closely with the typical home size in both the Munroe West area and on Sydney Avenue itself, suggesting a comfortable, manageable layout for daily life.
The property’s appeal is rooted in its strong positioning within its local context. Its assessed value of $272,000 ranks above the street average, indicating it is perceived as a higher-quality asset on the block. Furthermore, the lot size of 4,599 sqft is generous for the street, providing valuable outdoor space that is above the local norm. This combination—a newer home on a larger-than-average lot for the area—creates a compelling value proposition within the neighbourhood.
This home would suit practical, value-conscious buyers who prioritize their immediate community over city-wide comparisons. It’s ideal for someone looking for a well-sized lot and a relatively newer home in an established area, without paying the premium associated with newer suburban developments. It represents a smart, localized investment where the property stands out positively against its closest peers.
Frequently Asked Questions
1. How does this home’s size compare to others in Winnipeg?
While the living area is very typical for the Munroe West neighbourhood, it is below the city-wide average. This highlights the character of established central neighbourhoods, which often feature more compact, efficient homes compared to newer suburban areas.
2. The assessed value seems high for the street but low for the city. What does this mean?
This is a key insight. The assessment ranks well on its street but below the city median, reflecting Winnipeg’s diverse market. It suggests you are acquiring a property that is a leader on its block, offering good value within a more affordable area compared to city hotspots.
3. What does the sold price data indicate?
The home sold between $250,000 and $300,000 in April 2023. This range places that sale in the top third of transactions for the broader area at the time, confirming a history of strong market performance relative to its immediate locale.
4. Given it was built in 1955, should I be concerned about major repairs?
While 1955 is newer than many homes on the street, any 70-year-old property will require diligent maintenance. The positive perspective is that major systems like plumbing or electrical may have been updated more recently than in pre-war homes, but a thorough inspection remains essential.
5. How can I get the exact historical sold prices?
The provided sold price is an estimated range. Due to industry regulations, exact sale figures are not published online here. You can request the precise transaction history by email, and the service will provide the verified data directly to you at no cost.
