Property score
70.7
Good
Overall 70.7 · Older than most nearby homes
1,414 sqft (top 37%) · Built in 1974 (2 yrs older than avg)
Located in a high-income area with median household income of ~101k
Transit 76.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 4 parks, 2 place of worships, and 1 government office nearby
Living Area
Near average
1% larger 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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70.7 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
1551 Rothesay Street — 7 amenities found within 500 m, across 3 categories, including 4 parks (nearest 92 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 | Bottom 38% | Bottom 8% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1551 Rothesay Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,414 sqft home, built in 1974 on a 3,824 sqft lot, presents a practical opportunity in Winnipeg's River East neighborhood. Its primary appeal lies in its value proposition and above-average living space relative to its immediate street. While its assessed value of $260k is notably below the broader neighborhood and city averages, the home offers more square footage than most comparable houses on Rothesay Street itself. This creates an interesting dynamic: you get a larger-than-typical house for the street, at an assessed value that sits well below the area's norm.
The property would suit value-conscious buyers, such as first-time homeowners or investors, who prioritize interior space over a large yard and see potential in a home priced below its surrounding market. It’s a pragmatic choice for someone looking for a foothold in a stable neighborhood without paying the area's typical premium, accepting that the lot size is more compact than others nearby. The data suggests it's a house that stands out on its own block for its size, yet remains an affordable entry point into the wider community.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the neighborhood average?
While the exact reasons aren't specified, a below-average assessment can stem from factors like the home's condition, specific features, or the smaller lot size compared to area norms. It's a signal to investigate the property's state and potential update needs.
2. How does the living area compare to nearby homes?
This is a strength of the property. At 1,414 sqft, it ranks in the top 12% for living space on Rothesay Street itself, meaning it offers more interior room than most of its direct neighbors.
3. What does the sold price history indicate?
Records show it last sold between $250k-$300k in August 2021, a price range that was in the lower tier for the neighborhood at that time. This history is consistent with its current below-average assessment.
4. Is the lot size a significant drawback?
The lot is smaller than the neighborhood average. This may mean less outdoor space but could also translate to lower maintenance. It's a trade-off that contributes to the home's accessible pricing.
5. How can I verify the exact past sold price?
The site provides sold price ranges publicly. Due to industry rules, exact MLS figures are not displayed online. You can request the precise sale history via email from the site provider for a manually verified record.
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