551 Trent Avenue

Munroe West, Winnipeg

Property score

48.0

Below average

Overall 48.0 · Newer than most nearby homes

862 sqft (bottom 40%) · Built in 1958 (13 yrs newer than avg)

Located in a above-average income area with median household income of ~76.5k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 6 schools, 1 shop, and 1 park nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Above average

13 yrs newer than neighborhood avg.

Mother tongue

English · 75%Tagalog · 3%

Past 10 years Munroe West sales snapshot (~80% of all data)

Sold Count

477

Median price

363.3k

$/sqft

$342/sqft

Avg build year

1945

Need help understanding this property?

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

Property score

48.0 is composed by the two sections below.

Property Score

33.8Low
Living Area32
862 sqftLow
Year Built43
1958Low
Lot Size18
2,469 sqftLow
Neighbourhood Sales Activity65
Good

Community Score

69.3Good
Household Income75
Good
Education Level44
Low
Housing Stress74
Good
Core Housing Need88
Excellent
Employment Health68
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110699

Community deep dive

$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

Population, labour & age

Population (2021)632
Labour force participation rate70%
Median age37.6
Avg household size2.4
Unemployment rate13%
Population density1504 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households34%
Couple families with children25%
Median household income (2020)$77K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$290K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority16%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
862 sqft
0255075100
Same streetBottom 45%Same areaBottom 40%CitywideBottom 13%
Same street · Trent Avenue
#95 / 174
Bottom 45% · Avg 908 sqft
Same area · Munroe West
#670 / 1,123
Bottom 40% · Avg 958 sqft
Citywide · Winnipeg
#168,715 / 194,458
Bottom 13% · Avg 1,342 sqft

Tax-Assessed Value

around average
259k
0255075100
Same streetTop 43%Same areaBottom 34%CitywideBottom 19%
Same street · Trent Avenue
#75 / 174
Top 43% · Avg 246k
Same area · Munroe West
#736 / 1,123
Bottom 34% · Avg 273.5k
Citywide · Winnipeg
#157,043 / 194,458
Bottom 19% · Avg 390.1k

Year Built

above average
1958
0255075100
Same streetTop 25%Same areaTop 8%CitywideBottom 39%

Lot Size

below average
2,469 sqft
0255075100
Same streetBottom 13%Same areaBottom 2%CitywideBottom 4%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

551 Trent Avenue — 11 amenities found within 500 m, across 5 categories, including 1 dining (nearest 490 m), 6 education (nearest 315 m), 1 shopping (nearest 179 m).

Search radius
🍽️Dining1
🏫Education6
🛒Shopping1
🌳Parks1
Worship2

Crime & Safety

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%

Sales History

551 Trent Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 551 Trent Avenue, Winnipeg

Property Overview: 551 Trent Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 862 sqft bungalow at 551 Trent Avenue in Munroe West presents a practical and affordable entry point into the Winnipeg market. Built in 1958, it is notably newer than many homes in its immediate area, which may suggest updated infrastructure or a different architectural style compared to its pre-1950s neighbors. With an assessed value of $259k, it sits close to the street and neighborhood averages, indicating a fairly priced home in its local context.

The primary appeal lies in its value proposition. It offers a manageable size for first-time buyers, downsizers, or investors seeking a straightforward rental property. The lot, while smaller than most in the city, requires less maintenance—a key consideration for those seeking a lower-maintenance lifestyle without opting for a condo. A thoughtful perspective is that its "around average" standing on its street and in Munroe West suggests it is a typical, well-integrated property for the area, unlikely to be over-improved or an outlier. This can provide stability and predictable comparables for resale. However, buyers should note the living space and lot size are below the Winnipeg city average, so those needing more room or expansive outdoor space may find it limiting.

Section 2: Frequently Asked Questions

1. How does the 1958 build year compare to nearby homes?
This home is newer than most in Munroe West. The average build year for the neighborhood is 1945, and 1946 on Trent Avenue itself, making this property roughly 12-13 years newer than its local peers.

2. Is the assessed value a reliable indicator of the market price?
The assessed value of $259k is used for property tax calculation. It is close to the local averages ($246k on the street, $273.5k in the area), suggesting it is in line with area norms. However, market price is determined by current conditions and should be verified with a real estate professional.

3. The lot size seems small. What are the implications?
At 2,469 sqft, the lot is smaller than most in Winnipeg. This typically means lower maintenance for yards and landscaping, but may limit options for expansions, additions, or extensive outdoor living spaces.

4. Why is there no sales history shown for this listing?
The platform does not source data from the MLS. You can request exact historical sales figures by emailing them directly for a manual lookup, as noted in the "Data notes" section.

5. How does this home's size compare to others in the city?
With 862 sqft of living area, this home is below the Winnipeg city average of 1,342 sqft for comparable properties. It is better suited for individuals, couples, or small families who prioritize affordability and efficiency over spaciousness.