180 Malcana Street

River East, Winnipeg

Property score

65.7

Good

Overall 65.7 · Smaller but newer than most nearby homes

989 sqft (bottom 17%) · Built in 1983 (7 yrs newer than avg)

Located in a high-income area with median household income of ~113k

Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 5 parks nearby

Living Area

Below average

29% smaller than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 77%French · 1%

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

65.7 is composed by the two sections below.

Property Score

52.5Fair
Living Area989 sqft42Low
Year Built198373Good
Lot Size5,996 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

85.5Excellent
Household Income90Excellent
Education Level72Good
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110737

Community deep dive

$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

Population, labour & age

Population (2021)464
Labour force participation rate68%
Median age47.6
Avg household size2.4
Unemployment rate9%
Population density2017 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households18%
Couple families with children34%
Median household income (2020)$113K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority17%
Bachelor's or higher (25–64)36%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

below average
989 sqft
0255075100
Same streetBottom 22%Same areaBottom 17%CitywideBottom 25%
Same street · Malcana Street
#40 / 51
Bottom 22% · Avg 1,334 sqft
Same area · River East
#2,364 / 2,836
Bottom 17% · Avg 1,399 sqft
Citywide · Winnipeg
#145,780 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
355k
0255075100
Same streetBottom 27%Same areaBottom 30%CitywideBottom 48%
Same street · Malcana Street
#37 / 51
Bottom 27% · Avg 391.9k
Same area · River East
#1,983 / 2,836
Bottom 30% · Avg 401.1k
Citywide · Winnipeg
#101,160 / 194,458
Bottom 48% · Avg 390.1k

Year Built

above average
1983
0255075100
Same streetTop 6%Same areaTop 13%CitywideTop 31%

Lot Size

around average
5,996 sqft
0255075100
Same streetTop 47%Same areaBottom 42%CitywideTop 33%

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

180 Malcana Street — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 139 m).

Search radius
🌳Parks5

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 9/2023CA$400k–450k
Sold price

Same street

Top 29%

Same area

Top 25%

City-wide

Top 25%

Related homes

Highlights & common questions: 180 Malcana Street, Winnipeg

Property Overview: 180 Malcana Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 1983-built home in River East presents a practical opportunity. At 989 sqft, the living space is notably compact compared to area averages, suggesting a home focused on efficiency rather than spaciousness. Its assessed value of $355K sits close to city and neighborhood averages, indicating a fairly priced entry point.

The primary appeal lies in its modern build date relative to the area—it's newer than most homes on its street and in River East. This can translate to fewer immediate concerns with aging infrastructure. The lot size is a standard city dimension, offering typical outdoor space. The home last sold in late 2023 for an estimated $400K-$450K, showing active market interest.

This property would best suit first-time buyers or downsizers seeking a lower-maintenance, newer home in an established neighborhood without a premium price tag. It’s a pragmatic choice for those prioritizing a modern foundation and manageable upkeep over square footage. A thoughtful perspective is that its "below average" size and "around average" value represent a specific value proposition: you’re paying for land and a newer structure, not extensive finished space, which could be ideal for a renovator looking to add value or someone content with a cozy footprint.

Section 2: Frequently Asked Questions

1. Is the living area too small?
At 989 sqft, the home is smaller than most in the area. This is a compromise for its newer build year and price point. It suits simpler living arrangements but may feel cramped for those needing multiple dedicated rooms or ample storage.

2. How does the assessed value relate to the likely selling price?
The $355K assessment is a municipal valuation for tax purposes. The home's last sale (2023) fell in the $400K-$450K range, which is a more current market indicator. Expect the list price to be influenced more by recent sales than the assessment.

3. What are the advantages of the 1983 build year?
Being newer than many neighboring homes (street average is 1980) can mean updated electrical, plumbing, and insulation standards for its era, potentially reducing the risk and cost of major system replacements in the short term.

4. What is the neighborhood (River East) like?
River East is a mature, established neighborhood with a mix of older and newer homes. The data shows this property is typical for the area in value and lot size, suggesting it fits comfortably within the community's character.

5. How can I verify the exact past sale price?
The site provides sold price ranges for transparency. Due to industry rules, exact MLS sale prices cannot be published here. You can request the exact figures via email from the site provider, who will manually retrieve and send the verified data.

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