Property score
66.5
Good
Overall 66.5 · Older than most nearby homes
1,200 sqft (bottom 42%) · 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
Near average
14% 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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66.5 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
1588 Rothesay Street — 6 amenities found within 500 m, across 3 categories, including 4 parks (nearest 125 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 44% | Bottom 15% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1588 Rothesay Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,200 sqft bungalow, built in 1974, presents a practical and affordable entry point into Winnipeg’s River East neighborhood. Its primary appeal lies in its efficient use of space and its relative value. While the living area is above average for its specific street, the home’s assessed value is notably below the averages for both the wider neighborhood and the city. This creates a value proposition where you get a reasonably sized home without paying the typical area premium.
The lot is compact at just over 3,000 sqft, which means lower maintenance and is a trade-off for the lower price point. This property would suit first-time buyers or practical downsizers seeking a manageable home without a large yard. It also appeals to value-focused investors or buyers who prioritize interior space over outdoor land area. A thoughtful perspective is that its below-average valuation for the area could provide a cushion against market fluctuations and potentially allow for value-adding improvements over time.
Section 2: Frequently Asked Questions
1. Is this a good value compared to other homes in River East?
Based on assessed values, this home is priced significantly below the neighborhood average, suggesting a lower entry cost for the area. However, this is reflected in a smaller lot size.
2. How does the living space compare to nearby homes?
At 1,200 sqft, the living area is actually above the average for homes on Rothesay Street itself, indicating a well-utilized floor plan for its street context.
3. What is the likely maintenance consideration given its age?
Built in 1974, the home is of an age where major components like the roof, windows, furnace, or plumbing may be nearing or due for replacement. A thorough inspection is advised.
4. How reliable is the sold price data shown?
The site states sold prices are based on public internet data, not the MLS, and are presented as ranges. For exact, verified historical prices, you must request them directly from the site via email.
5. What are the trade-offs of the smaller lot?
The lot is less than half the neighborhood average. This means lower yard maintenance but also less private outdoor space and limited potential for expansions like a large addition or garage.
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