150 Reiny Drive

River East, Winnipeg

Property score

68.9

Good

Overall 68.9 · Compared with neighbourhood average

1,246 sqft (bottom 46%) · Built in 1977 (1 yr newer than avg)

Located in a high-income area with median household income of ~95k

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 1 school, 4 shops, and 2 parks nearby

Living Area

Near average

11% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 76%Punjabi · 2%

Past 10 years River East sales snapshot (~80% of all data)

Sold Count

826

Median price

425k

$/sqft

$395/sqft

Avg build year

1976

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Property score

68.9 is composed by the two sections below.

Property Score

65.7Good
Living Area1,246 sqft66Good
Year Built197767Good
Lot Size5,596 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

73.7Good
Household Income83Excellent
Education Level54Fair
Housing Stress74Good
Core Housing Need88Excellent
Employment Health52Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110746

Community deep dive

$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

Population, labour & age

Population (2021)656
Labour force participation rate53%
Median age52.4
Avg household size2.3
Unemployment rate3%
Population density2050 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households28%
Couple families with children21%
Median household income (2020)$95K

Housing

Renter households21%
Condominium dwellings25%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority7%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Punjabi · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,246 sqft
0255075100
Same streetBottom 21%Same areaBottom 46%CitywideTop 46%
Same street · Reiny Drive
#44 / 56
Bottom 21% · Avg 1,527 sqft
Same area · River East
#1,522 / 2,836
Bottom 46% · Avg 1,399 sqft
Citywide · Winnipeg
#89,531 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
397k
0255075100
Same streetBottom 29%Same areaTop 46%CitywideTop 39%
Same street · Reiny Drive
#40 / 56
Bottom 29% · Avg 418.5k
Same area · River East
#1,318 / 2,836
Top 46% · Avg 401.1k
Citywide · Winnipeg
#75,998 / 194,458
Top 39% · Avg 390.1k

Year Built

above average
1977
0255075100
Same streetTop 30%Same areaTop 41%CitywideTop 37%

Lot Size

around average
5,596 sqft
0255075100
Same streetBottom 27%Same areaBottom 28%CitywideTop 41%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

150 Reiny Drive — 13 amenities found within 500 m, across 5 categories, including 5 dining (nearest 270 m), 1 education (nearest 152 m), 4 shopping (nearest 247 m).

Search radius
🍽️Dining5
🏫Education1
🛒Shopping4
🌳Parks2
🏛️Government1

Crime & Safety

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%

Sales History

Sold 7/2024CA$500k–550k
Sold price

Same street

Top 11%

Same area

Top 7%

City-wide

Top 13%

Related homes

Highlights & common questions: 150 Reiny Drive, Winnipeg

Property Overview: 150 Reiny Drive, River East, Winnipeg

Section 1: Key Characteristics & Appeal

This 1977-built home on Reiny Drive presents a practical opportunity in Winnipeg's River East neighborhood. With 1,246 sqft of living space and a 5,596 sqft lot, its size is squarely average when viewed across the wider city and neighborhood, though it sits on the more modest end for its specific street. The home’s assessed value of $397k follows a similar pattern, being very close to neighborhood and city averages.

The primary appeal lies in its position as a competitively priced, established home in a mature area. It suits first-time buyers or downsizers looking for a manageable property without the premium often attached to larger lots or newer builds on the same block. A thoughtful perspective is that its "below average" metrics for the street could represent a value entry point into a well-regarded location, offering the same neighborhood benefits at a relatively accessible level. The recent sale in mid-2024 within the $500k-$550k range suggests strong market interest and a value increase over its assessment.

Section 2: Frequently Asked Questions

1. How does this home really compare to others in the area?
The data shows it's a mid-range property for River East and Winnipeg overall. However, on Reiny Drive itself, it is among the smaller homes by living area and lot size, which is reflected in its below-street-average assessed value.

2. Is the assessed value an accurate indicator of the market price?
Likely not for this property. The assessed value is $397k, but it sold for between $500k and $550k in July 2024. This indicates the market price was significantly higher, a common occurrence in active markets.

3. What does the year built (1977) mean for potential renovations?
Built in the late 1970s, the home may have original components, like windows, roofing, or heating systems, that are nearing or past their typical lifespan. Buyers should budget for updates, but the home is newer than the Winnipeg city average.

4. How can I verify the exact sold price?
The public data shown is an estimated range. To obtain the precise sale figure, you must request a manual lookup from the site provider via email, as MLS sold data is not displayed directly due to industry rules.

5. Who would this property not suit?
It may not suit buyers seeking a large lot, as the yard is below the neighborhood average, or those wanting a home that stands above its immediate neighbors in size and assessed value. It’s a home for those who prioritize location and community over having the largest property on the block.

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