Property score
77.6
Good
Overall 77.6 · Newer than most nearby homes
1,392 sqft (top 38%) · Built in 1979 (3 yrs newer than avg)
Located in a high-income area with median household income of ~113k
Transit 62.0 · 5-min walk to transit with 1 nearby route · Within 500m: 6 parks nearby
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 77%French · 1%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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77.6 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: #46110737
$113K
Median household income
$112K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
18%
Single-person households
34%
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
140 Malcana Street — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 238 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 21% | Top 23% | Top 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 140 Malcana Street, Winnipeg
Section 1: Key Characteristics & Appeal
This River East home presents a compelling opportunity centered on its exceptional lot size. Built in 1979, the 1,392 sqft living area is typical for the street and city, offering comfortable, familiar layouts common to the era. The true standout feature is the 13,812 sqft land parcel, which ranks in the top 2-4% of comparable lots locally, providing immense outdoor space rarely found in this market.
Its appeal lies in a balanced profile: it’s a home with above-average assessed value for the area, indicating perceived quality and desirability, paired with a generational-sized yard. This combination suits buyers prioritizing long-term outdoor potential—such as gardening, expansion, or private recreation—over a brand-new build. It’s ideal for families seeking space to grow, DIY enthusiasts with room for projects, or anyone valuing land as a primary asset. The property offers a "blank canvas" backyard in an established neighborhood, a trade-off that appeals to those who see more value in land than in recently renovated interiors.
Section 2: Frequently Asked Questions
1. How does the home’s condition compare to others on the street?
While specific interior details aren’t provided here, the assessed value is above the street average, suggesting the municipality views the property’s overall condition and features favorably compared to its neighbors.
2. What are the implications of such a large lot?
Beyond privacy and space, a lot of this size may offer future potential like additions or outbuildings (subject to zoning bylaws), but it also means higher maintenance and potentially higher property taxes relative to lot size.
3. The last sale was in 2017. Why is that relevant?
The previous sale price provides a historical benchmark, showing market activity from that period. To understand current value, this should be compared with recent, verified sales of similar homes, which may require a professional lookup.
4. The living area is described as "around average." Is that a disadvantage?
Not necessarily. It means the home’s size is typical and functional for the area, which can be an advantage for resale. The standout feature is the land, not the square footage of the house itself.
5. The home was built in 1979. What should I consider?
Homes of this age may have original components, like windows, roofing, or major systems, that are nearing or past their typical lifespan. A thorough inspection is essential to budget for potential updates, which is a common consideration for well-maintained homes in established neighborhoods.
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