Property score
61.3
Fair
Overall 61.3 · Smaller and older than most nearby homes
988 sqft (bottom 17%) · Built in 1974 (2 yrs older than avg)
Located in a high-income area with median household income of ~101k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 3 parks, 1 place of worship, and 1 government office nearby
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Below average
2 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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61.3 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
14 Springlea Path — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 152 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 14% | Top 33% | Top 30% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 29% | Bottom 45% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 988 sqft bungalow at 14 Springlea Path in Winnipeg's River East neighborhood presents a practical and competitively positioned home. Built in 1974, it sits on a 5,512 sqft lot and has a current assessed value of $363k. Recent sales data indicates it sold in March 2025 for an estimated $400k–$450k, following a previous sale in October 2021 for $350k–$400k.
Key Characteristics & Appeal
The primary appeal of this property lies in its strong value proposition within its immediate locale. While its living space is modest compared to broader area averages, it ranks above average in assessed value on its own street, suggesting it is well-maintained or offers desirable features for the specific block. Its 1974 build year is the newest on Springlea Path, a subtle advantage that can sometimes mean updated foundational components or building standards.
This home suits first-time buyers or downsizers seeking an entry into a stable neighborhood without a premium price tag. It’s a pragmatic choice for those who prioritize location and lot ownership over square footage, offering a manageable space and yard. A thoughtful perspective is that its "around average" metrics city-wide indicate a neutral long-term investment risk—it’s neither an outlier nor a standout, which can mean steady, predictable value movement in line with the wider market.
Frequently Asked Questions
1. Is the house smaller than others in the area?
Yes. At 988 sqft, the living area is below the averages for both the River East neighborhood (1,399 sqft) and Winnipeg overall (1,342 sqft). However, it is closer to the average for its specific street (1,027 sqft).
2. Why is the assessed value higher than the street average?
The home’s assessed value of $363k is above the Springlea Path average of ~$339k. This can be due to factors like renovations, superior condition, or favorable lot characteristics not fully captured in square footage metrics.
3. How does the lot size compare?
The 5,512 sqft lot is slightly below the street average and more noticeably below the River East neighborhood average. It is, however, close to the city-wide average for comparable homes.
4. What does the sale history tell us?
The home sold in March 2025 for an estimated $400k–$450k, which is a noticeable increase from its October 2021 sale price of $350k–$400k. This indicates rising market value over that period.
5. How can I get the exact past sale prices?
The website does not display exact MLS sold figures. You must request the exact sold price history by email, and the service will provide the verified figures manually.
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