Property score
50.6
Fair
Overall 50.6 · Smaller and older than most nearby homes
760 sqft (bottom 2%) · Built in 1974 (2 yrs older than avg)
Located in a high-income area with median household income of ~96k
Transit 76.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 parks, 1 place of worship, and 1 government office nearby
Living Area
Below average
46% smaller than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 78%Punjabi · 3%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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50.6 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: #46110743
$96K
Median household income
$96K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
19%
Single-person households
25%
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
1582 Rothesay Street — 6 amenities found within 500 m, across 3 categories, including 4 parks (nearest 124 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 25% | Bottom 25% | Bottom 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1582 Rothesay Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 760 sqft home, built in 1974, presents a compact and efficient living space in Winnipeg’s River East neighborhood. Its primary appeal lies in being an accessible entry point into the housing market. With an assessed value significantly below neighborhood and city averages, it offers a lower property tax base and a purchase price that is manageable for first-time buyers or investors.
The home suits buyers prioritizing financial accessibility over square footage. It’s a practical choice for a single person, a couple, or an investor looking for a rental property. While the living area and lot size are modest compared to most area homes, its year-built is slightly newer than many on its street, potentially suggesting fewer immediate age-related concerns than older stock. A thoughtful perspective is that this smaller footprint can mean lower utility costs and less maintenance, aligning with a simpler, more budget-conscious lifestyle. Its recent sale in the $300k-$350k range indicates it sits in a sought-after price tier, likely attracting competitive interest from buyers who value location and affordability above space.
Section 2: Frequently Asked Questions
1. Is the house unusually small for the area?
Yes. The living area is notably smaller than most, ranking in the top 5% smallest on its street and in the River East neighborhood. This is a key factor in its lower assessed value.
2. What does the assessed value tell me about the property taxes?
The assessed value of $259k is well below the River East average (~$401k). This typically translates to proportionally lower municipal property taxes, which is a recurring annual savings.
3. How does the lot size impact potential for expansion or outdoor space?
The lot is approximately 3,000 sqft, which is smaller than the typical lot on the street and in the area. This may limit possibilities for large additions or extensive landscaping, but is sufficient for a manageable yard.
4. The home sold recently. What does the sold price range indicate?
The sale in the $300k-$350k range (sold above its assessed value) suggests strong market demand for well-priced, entry-level homes. It performed well compared to area sales, ranking in the top 25% on its street for sold price.
5. Are the provided sold prices and comparisons completely accurate?
The data is sourced from public records, not the MLS, and is presented as a reliable guide. For fully verified, exact sale figures, you must request a manual lookup from the site via email, as industry rules prevent displaying official MLS records here.
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