557 Trent Avenue

Munroe West, ਵਿਨੀਪਿਗ

Property score

36.6

Below average

Overall 36.6 · Smaller and older than most nearby homes

590 sqft (bottom 2%) · Built in 1922 (23 yrs older 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

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

38% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

23 yrs older 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

36.6 is composed by the two sections below.

Property Score

14.8Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ590 sqft8Low
ਤਰੀਕ ਤੋਂ ਬਣਿਆ192220Low
ਜ਼ਮੀਨ2,470 sqft18Low
Neighbourhood Sales Activity65Good

Community Score

69.3Good
Household Income75Good
Education Level44Low
Housing Stress74Good
Core Housing Need88Excellent
Employment Health68Good

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Munroe West

How to read: Share of sales in each ~$50k price band for “munroe west” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
590 sqft
0255075100
Same streetਹੇਠਲੇ 5%Same areaਹੇਠਲੇ 2%Citywideਹੇਠਲੇ 1%
Same street · Trent Avenue
#165 / 174
ਹੇਠਲੇ 5% · ਔਸਤ 908 sqft
Same area · Munroe West
#1,103 / 1,123
ਹੇਠਲੇ 2% · ਔਸਤ 958 sqft
Citywide · ਵਿਨੀਪਿਗ
#193,266 / 194,458
ਹੇਠਲੇ 1% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
155k
0255075100
Same streetਹੇਠਲੇ 3%Same areaਹੇਠਲੇ 1%Citywideਹੇਠਲੇ 3%
Same street · Trent Avenue
#168 / 174
ਹੇਠਲੇ 3% · ਔਸਤ 246k
Same area · Munroe West
#1,117 / 1,123
ਹੇਠਲੇ 1% · ਔਸਤ 273.5k
Citywide · ਵਿਨੀਪਿਗ
#187,721 / 194,458
ਹੇਠਲੇ 3% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1922
0255075100
Same streetਹੇਠਲੇ 39%Same areaਹੇਠਲੇ 15%Citywideਹੇਠਲੇ 14%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
2,470 sqft
0255075100
Same streetਹੇਠਲੇ 14%Same areaਹੇਠਲੇ 2%Citywideਹੇਠਲੇ 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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

557 Trent Avenue — 11 amenities found within 500 m, across 5 categories, including 1 dining (nearest 492 m), 6 education (nearest 327 m), 1 shopping (nearest 193 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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

557 Trent Avenue: ਅਸੀਂ ਸਿਰਫ਼ ਜਨਤਕ ਡਾਟਾ ਦੇ ਆਧਾਰ 'ਤੇ ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ ਨਹੀਂ ਦਿਖਾ ਰਹੇ; ਇਸ ਦਾ ਮਤਲਬ ਇਹ ਨਹੀਂ ਕਿ ਕਦੇ ਵਿਕਰੀ ਨਹੀਂ ਹੋਈ। ਤੁਸੀਂ ਹੇਠਾਂ «Data notes» ਵਿੱਚ ਈਮੇਲ ਰਾਹੀਂ ਮੰਗ ਕਰ ਸਕਦੇ ਹੋ—ਅਸੀਂ ਹੱਥੀ ਖੋਜ ਕੇ ਸਭ ਤੋਂ ਸਹੀ ਜਾਣਕਾਰੀ ਨਾਲ ਜਵਾਬ ਦੇਵਾਂਗੇ।

Related homes

ਵਿਨੀਪਿਗ 557 Trent Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview

This one-storey home on a 2,470 sqft lot presents a straightforward opportunity in Winnipeg's Munroe West neighbourhood. Built in 1922, its key characteristic is its modest 590 sqft living area, which ranks it among the smaller homes in the area. The property includes a basement, noted as unrenovated, and does not have a garage or pool.

The appeal lies in its position as an entry-point property with a very low assessed value, particularly suited for a specific buyer. It would best suit a hands-on investor looking for a rental property with minimal upfront capital, or a highly budget-conscious first-time buyer willing to undertake gradual renovations. Its smaller size and lot offer manageable upkeep, while the unrenovated state allows for customization. A less obvious perspective is its potential as a "placeholder" property—allowing an owner to enter a stable neighbourhood with the option to build new or substantially expand on the existing lot in the future, given the right resources and approvals.


Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
The assessed value reflects the property's smaller size (590 sqft), age, and unrenovated condition compared to larger, updated, or newer homes in the vicinity, as seen in the listed comparisons.

2. What does "basement, not renovated" typically mean?
It indicates the basement exists but is in original or utilitarian condition, likely lacking modern finishes. Buyers should budget for potential updates and investigate its suitability for their needs.

3. Is the small living area a major drawback?
It depends on your goals. For a single occupant or as a rental, it can be efficient. For a growing family, it would be tight. The trade-off is the lower price point for entering the neighbourhood.

4. How does the lot size compare?
At 2,470 sqft, the lot is a good size for the area. This is a positive aspect, offering decent outdoor space and potential for additions, which contrasts with the compact living area of the home itself.

5. What is the neighbourhood like?
Munroe West is an established Winnipeg neighbourhood. The listing shows a mix of older homes like this one and newer constructions, indicating an area with a range of properties and ongoing investment.

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