Property score
49.7
Below average
Overall 49.7 · Smaller than most nearby homes
770 sqft (bottom 21%) · Built in 1945
Located in a above-average income area with median household income of ~79k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Below average
0 yrs newer than neighborhood avg.
Mother tongue
English · 81%Tagalog · 4%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
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49.7 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: #46110890
$79K
Median household income
$89K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
28%
Single-person households
21%
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
705 Henderson Highway — 10 amenities found within 500 m, across 7 categories, including 1 dining (nearest 82 m), 2 education (nearest 451 m), 1 healthcare (nearest 305 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 | Bottom 8% | Bottom 16% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 705 Henderson Highway, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, well-established home built in 1945 on a standard-sized lot in the Munroe West neighbourhood. Its key characteristic is its accessibility: with an assessed value of $250,000, it is priced notably below the average for both its immediate street and the wider city. The living space of 770 sq ft is compact, ranking below average in size comparisons, which directly contributes to its lower valuation.
The primary appeal lies in its position as an attainable entry point into the Winnipeg housing market. It represents a lower financial barrier to homeownership, particularly for a main artery like Henderson Highway. The lot size of over 5,000 sq ft is quite generous for the area and offers potential for outdoor space or future expansion, subject to zoning. This property would best suit first-time buyers, downsizers, or practical investors looking for a straightforward, lower-maintenance asset. Its value proposition is grounded in fundamentals rather than luxury, offering a chance to build equity in a mature neighbourhood without a premium price tag. A thoughtful perspective is that its below-average metrics in size and value could be seen as insulation from sharper market corrections, positioning it as a stable, if unglamorous, holding.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the street average?
The assessed value is heavily influenced by the home's smaller living area (770 sq ft) compared to others on Henderson Highway, where the average is nearly 1,300 sq ft. The age and likely modest finishes of the 1945 build also factor into this valuation.
2. What does the sold price history indicate?
The home sold between $200,000-$250,000 in early 2016. This past price, combined with the current $250k assessment, suggests a market value that has remained relatively stable in that range for nearly a decade.
3. Is the lot size a positive feature?
Yes. At 5,037 sq ft, the lot is larger than the average for the Munroe West area. This provides more outdoor space than many neighbouring properties and could be a long-term asset for gardening, recreation, or potential redevelopment, subject to municipal regulations.
4. What should I consider about a home from 1945?
While the structure is from the post-war era, its systems (like plumbing, electrical, and insulation) have likely been updated over time. A thorough inspection is crucial to understand the condition of these updates, the foundation, and the roof, and to budget for any necessary maintenance typical of a home of this age.
5. How can I get the exact historical sold prices?
The website does not display exact figures due to data source restrictions. You must request this information directly from them via email, and they will provide a manual lookup, typically by the end of the same business day.
