Property score
54.0
Fair
Overall 54.0 · Newer than most nearby homes
836 sqft (bottom 37%) · Built in 1957 (12 yrs newer than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 1 park nearby
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Above average
12 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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54.0 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
553 Sydney Avenue — 8 amenities found within 500 m, across 7 categories, including 1 dining (nearest 369 m), 1 healthcare (nearest 426 m), 1 shopping (nearest 391 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%
553 Sydney 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 553 Sydney Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct value proposition centered on its generous lot. Its key characteristic is a land area of 6,569 sqft, which is exceptionally large for the street (ranking in the top 1%) and well above average for the wider Munroe West area and city. This is contrasted with a modest, single-level living space of 836 sqft and a 1957 build date, which is newer than most immediate neighbors but results in an assessed value notably below local and city averages.
The primary appeal lies in this land-to-structure ratio. It offers significant outdoor space and potential in an established neighborhood for a relatively accessible price point. The below-average assessment, while reflecting the home's size and era, could be attractive for property tax purposes. This property would best suit a buyer with a vision for expansion or outdoor living—someone who values land over finished square footage and sees potential in a home that may require updates. It’s a practical choice for a hands-on buyer looking to add value over time or who prioritizes a large yard over a large house.
Section 2: Frequently Asked Questions
1. Why is the assessed value below average?
The assessment reflects the home's relatively small living area compared to city norms and its 1957 construction. While newer than many on the street, the overall modest footprint results in a lower valuation than larger, more recently built homes.
2. What does the "Elite" land area ranking mean?
It means this property's lot size is in the top 1% on Sydney Avenue. With 6,569 sqft, it has nearly 70% more land than the street's average lot, offering rare outdoor space for the location.
3. Is the 1957 build date a concern?
While newer than many area homes (top 9% in Munroe West), a 69-year-old home will likely have aging components. Its appeal is that it's a more recent build than its immediate peers, but a thorough inspection for era-specific systems and maintenance is essential.
4. Who would this property not suit?
It may not suit buyers seeking immediate move-in condition, modern open-concept layouts, or significant interior space without undertaking renovations or an addition. The value here is in the land and potential, not in turn-key finishes.
5. How can I get exact historical sale prices for this home?
The provided data does not include MLS sale history. You can request exact figures by email via the "Request exact figures by email" option on the detail page; the service provider will manually look up and send the information.
