Property score
80.4
Excellent
Overall 80.4 · Larger and newer than most nearby homes
2,056 sqft (top 10%) · Built in 1984 (8 yrs newer than avg)
Located in a high-income area with median household income of ~95k
Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 1 school, 4 shops, and 3 parks nearby
Living Area
Above average
47% larger than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 76%Punjabi · 2%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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80.4 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: #46110746
$95K
Median household income
$106K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
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
126 Reiny Drive — 14 amenities found within 500 m, across 5 categories, including 5 dining (nearest 369 m), 1 education (nearest 65 m), 4 shopping (nearest 337 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 6% | Top 5% | Top 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 126 Reiny Drive in Winnipeg's River East neighborhood presents a compelling opportunity. Its primary appeal lies in offering above-average space and modern construction for the area, all on a standard-sized lot. The data suggests a property that stands out locally while remaining in line with broader city trends for value.
Key Characteristics & Ideal Buyer
The home's key characteristic is its generous 2,056 sqft living area, which ranks in the top 10% for both the neighborhood and the entire city. It is also a relatively newer build (1984) compared to most homes on its street and in River East. This combination of more modern construction and significant square footage is reflected in its assessed value of $494k, which is the highest on Reiny Drive. The lot size is average for the street, indicating the home's size comes from its footprint and design rather than an exceptionally large parcel.
Its appeal is grounded in offering a "best on street" quality within an established area. Buyers get a home that is newer and larger than most direct neighbors, which can provide a sense of premium positioning and potential for enduring value. It would suit buyers looking for move-in-ready space in a mature neighborhood, who prioritize interior volume over a vast yard. It's particularly suited for those who value data-driven metrics, as the home performs exceptionally well in comparative rankings for size, age, and assessed value on its immediate block.
1. How does the sold price compare to the assessed value?
The home sold in April 2024 for an estimated $550k-$600k, which is above its $494k assessed value. This is common, as assessed value for taxation purposes often lags behind market value. The sale price placed it in the top 5-10% for the area, confirming its strong market position.
2. Is the lot size a disadvantage?
The 6,037 sqft lot is average for Reiny Drive but slightly below the neighborhood average. This isn't unusual for newer builds on established streets. It means the yard is standard for the immediate area, but the trade-off is a much larger and newer home on that lot. Buyers seeking extensive outdoor space might look elsewhere, but those prioritizing interior size will find it a fair balance.
3. What does the "Elite" ranking for year built mean?
Ranked #2 out of 56 on its street, an "Elite" ranking for year built (1984) simply means it is one of the newest homes in its direct comparison group. In an area with many homes built in the 1970s, a 1980s build may benefit from somewhat newer construction materials, layouts, and systems.
4. Are the property taxes likely to be high?
Given that the assessed value is the highest on the street, the property taxes will likely be correspondingly higher than its neighbors. The assessed value is the primary input for the tax calculation, so prospective owners should budget for taxes commensurate with this top-tier assessment on Reiny Drive.
5. How stable is the value based on this data?
The home excels in the metrics that typically support value: size and modern age relative to its surroundings. Its top-tier sale price and assessment on the street suggest it is a high-water mark for the block. This can indicate stability, but also means future appreciation may be more closely tied to overall neighborhood movement than outperforming immediate comparables.
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