Property score
67.8
Good
Overall 67.8 · Older than most nearby homes
1,120 sqft (bottom 33%) · Built in 1973 (3 yrs older than avg)
Located in a high-income area with median household income of ~101k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, 5 parks, 1 place of worship, and 1 government office nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 82%Tagalog · 1%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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67.8 is composed by the two sections below.
Property Score
Community Score
River East
How to read: Share of sales in each ~$50k price band for “river east” (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: #46110740
$101K
Median household income
$107K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
16%
Single-person households
30%
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
55 Morningmead Walk — 8 amenities found within 500 m, across 4 categories, including 1 education (nearest 486 m), 5 parks (nearest 221 m).
River East · WPS public data · 2026
Annual incidents
17
2026
vs. city avg
-42%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
71%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 47% | Bottom 42% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 55 Morningmead Walk, Winnipeg
Key Characteristics & Appeal
This 1,120 sqft home, built in 1973 on a 5,548 sqft lot in River East, presents a solid, established property in a neighborhood of similar homes. Its primary appeal lies in its strong standing within its immediate community. The living area is above average for Morningmead Walk, and its assessed value of $397k ranks well above the street average, suggesting it is a comparatively premium offering on this specific block. This creates an interesting dynamic: while the home is a standout on its own street, it sits around the average mark for the wider neighborhood and city in terms of size and value.
The property would suit practical buyers looking for a well-positioned home in a mature area without the premium of a newer subdivision. It’s a fit for those who value a stable streetscape where homes are of a similar era and scale. A thoughtful perspective is that this home may offer less competition from new construction but could also mean renovations and systems are of a similar age. Its appeal is one of relative quality and consistency on its street, rather than standout features against the entire city.
Frequently Asked Questions
How does this home compare to others on the street?
It ranks above average for both living area and assessed value on Morningmead Walk, indicating it is likely one of the more substantial and higher-valued homes on the block.
What is the recent sales history?
The home sold previously in December 2017 for a price between $300,000 and $350,000. Exact sale figures require a manual lookup request through the site.
Is the lot size typical for the area?
The lot is slightly below the average size for the broader River East neighborhood but is generally in line with the average for the street and the city overall.
How does the assessed value impact potential property taxes?
While the assessed value is used in tax calculation, property taxes are determined by the municipal mill rate. A value above the street average suggests taxes may be proportionally higher than some immediate neighbors.
Where can I see more detailed comparisons?
The site offers a neighbourhood analysis page to view this property on a map and compare it directly to nearby homes by year built, size, value, and lot size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
