20 Malcana Street

River East, Winnipeg

Property score

62.5

Fair

Overall 62.5 · Smaller than most nearby homes

968 sqft (bottom 13%) · Built in 1978 (2 yrs newer than avg)

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

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 6 parks nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Near average

2 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

62.5 is composed by the two sections below.

Property Score

47.1Low
Living Area968 sqft42Low
Year Built197867Good
Lot Size3,986 sqft46Low
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
968 sqft
0255075100
Same streetBottom 20%Same areaBottom 13%CitywideBottom 23%
Same street · Malcana Street
#41 / 51
Bottom 20% · Avg 1,334 sqft
Same area · River East
#2,468 / 2,836
Bottom 13% · Avg 1,399 sqft
Citywide · Winnipeg
#149,685 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

below average
285k
0255075100
Same streetBottom 20%Same areaBottom 8%CitywideBottom 25%
Same street · Malcana Street
#41 / 51
Bottom 20% · Avg 391.9k
Same area · River East
#2,598 / 2,836
Bottom 8% · Avg 401.1k
Citywide · Winnipeg
#145,307 / 194,458
Bottom 25% · Avg 390.1k

Year Built

around average
1978
0255075100
Same streetBottom 24%Same areaTop 34%CitywideTop 35%

Lot Size

below average
3,986 sqft
0255075100
Same streetBottom 10%Same areaBottom 8%CitywideBottom 25%

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

20 Malcana Street — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 116 m).

Search radius
🌳Parks6

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 5/2019CA$200k–250k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 12%

Related homes

Highlights & common questions: 20 Malcana Street, Winnipeg

Property Overview

20 Malcana Street is a 968 sqft bungalow built in 1978 on a 3,986 sqft lot in Winnipeg’s River East neighborhood. With an assessed value of $285k, it presents as a more compact and affordable option within its area. The home last sold between $200k-$250k in May 2019.

Key Characteristics & Appeal

This home’s primary appeal lies in its affordability and manageability. It is priced below the average for comparable homes on its street, in the neighborhood, and across Winnipeg, offering a clear value proposition for budget-conscious buyers. The smaller living area and lot size translate to lower maintenance demands and utility costs, which can be a significant long-term benefit. It would suit first-time homebuyers, downsizers, or investors looking for a straightforward, entry-level property in a stable community. A thoughtful perspective is that its "below average" size and value metrics might represent an opportunity to get into the neighborhood at a lower threshold, with potential to add value through updates over time.

Frequently Asked Questions

1. Is this house significantly smaller than others in the area?
Yes. At 968 sqft, the living area is below the average for Malcana Street (1,334 sqft), the River East neighborhood (1,399 sqft), and Winnipeg overall (1,342 sqft).

2. How does the assessed value compare to nearby homes?
The $285k assessment is below average. The typical assessed value on Malcana Street is about $391.9k, and in River East it's $401.1k.

3. What is the lot size, and how does it compare?
The lot is 3,986 sqft, which is notably smaller than the street average (6,245 sqft) and the neighborhood average (7,084 sqft).

4. When did it last sell, and for approximately how much?
It sold in May 2019 for a price between $200,000 and $250,000.

5. How can I get the exact historical sale price?
The site provides sold price ranges. For fully verified, exact figures, you must request a manual lookup via email, as this data is not sourced from the MLS.

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