555 Henderson Highway

Munroe West, Winnipeg

Property score

61.9

Fair

Overall 61.9 · Larger than most nearby homes

1,290 sqft (top 8%) · Built in 1945

Located in a above-average income area with median household income of ~76k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 3 schools, 1 park, and 1 bank/ATM nearby

Living Area

Above average

35% larger than neighborhood avg.

Year Built

Below average

0 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

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Property score

61.9 is composed by the two sections below.

Property Score

57.9Fair
Living Area1,290 sqft66Good
Year Built194530Low
Lot Size4,779 sqft60Fair
Neighbourhood Sales Activity65Good

Community Score

67.8Good
Household Income75Good
Education Level34Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health76Good

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: #46110894

Community deep dive

$76K

Median household income

$86K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

33%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)524
Labour force participation rate71%
Median age41.2
Avg household size2.3
Unemployment rate7%
Population density2911 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households33%
Couple families with children24%
Median household income (2020)$76K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority18%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

above average
1,290 sqft
0255075100
Same streetTop 29%Same areaTop 8%CitywideTop 42%
Same street · Henderson Highway
#47 / 160
Top 29% · Avg 1,286 sqft
Same area · Munroe West
#94 / 1,123
Top 8% · Avg 958 sqft
Citywide · Winnipeg
#82,234 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
275k
0255075100
Same streetBottom 41%Same areaBottom 47%CitywideBottom 23%
Same street · Henderson Highway
#95 / 160
Bottom 41% · Avg 335.6k
Same area · Munroe West
#591 / 1,123
Bottom 47% · Avg 273.5k
Citywide · Winnipeg
#149,786 / 194,458
Bottom 23% · Avg 390.1k

Year Built

around average
1945
0255075100
Same streetBottom 39%Same areaBottom 33%CitywideBottom 22%

Lot Size

around average
4,779 sqft
0255075100
Same streetBottom 25%Same areaBottom 44%CitywideBottom 39%

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

555 Henderson Highway — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 374 m), 3 education (nearest 468 m), 1 parks (nearest 350 m).

Search radius
🍽️Dining1
🏫Education3
🌳Parks1
🏦Finance1
Worship1

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

Sold 6/2021CA$250k–300k
Sold price

Same street

Top 39%

Same area

Top 29%

City-wide

Bottom 36%
Sold 5/2017CA$200k–250k
Sold price

Same street

Bottom 39%

Same area

Bottom 43%

City-wide

Bottom 22%

Related homes

Highlights & common questions: 555 Henderson Highway, Winnipeg

Property Overview: 555 Henderson Highway, Winnipeg

Section 1: Key Characteristics & Appeal

This home, built in 1945, presents a solid value proposition rooted in its space and location. With 1,290 sqft of living area, it offers significantly more interior space than most homes in the immediate Munroe West area, ranking in the top 8%. This makes it a notably roomier option within its local market. The assessed value of $275k is very typical for the neighbourhood, suggesting a fair and stable pricing environment without the premium often found in newer city-wide developments.

The appeal lies in this balance of ample living space at a neighbourhood-average price. It suits practical buyers looking for a comfortable home without overpaying for the postage-stamp lots common in newer subdivisions. The lot size, while smaller than others on Henderson Highway, is average for Munroe West, indicating a lower-maintenance yard—a plus for those seeking less outdoor upkeep. This property would likely attract first-time homeowners, downsizers wanting single-level living (assuming bungalow style), or value-focused investors seeking a rental property with strong fundamentals in a established community. A thoughtful perspective is that its "average" metrics for value and year built in the area suggest a home that hasn't been subject to volatile price swings, offering a sense of predictability.

Section 2: Frequently Asked Questions

1. How does this home's value compare to recent sales?
Based on available data, the last known sale was in June 2021, within the $250k-$300k range. At that time, this sale price performed better than 61% of comparable sales on its street and 57% in the Munroe West area, indicating it was a strong purchase within its local context.

2. Is the lot size a disadvantage?
While the lot is below average for Henderson Highway itself, it is perfectly typical for the wider Munroe West neighbourhood. This likely means a more manageable yard for maintenance, which can be an advantage for many buyers, though it may offer less privacy or expansion potential than larger lots on the street.

3. What does the age of the home mean for me?
Built in 1945, the home is older than most in Winnipeg. This typically means potential for character but also necessitates a diligent inspection for the condition of major systems like plumbing, electrical, and the foundation, which may be original or nearing the end of their service life.

4. Why is the city-wide assessed value ranking lower?
The assessed value ranks in the top 77% city-wide, meaning it's below the Winnipeg average. This primarily reflects the home's location in a more affordable area compared to newer or higher-priced suburbs, not necessarily the condition of the home itself. It highlights the property's relative affordability within the broader city.

5. How can I get precise historical sale prices?
The displayed sold prices are estimated ranges from public records. To obtain the exact sale figures and a full transaction history, you must request a manual lookup from the site via email, as they do not have access to or display MLS sold data.

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