20 Winters Way

River East, Winnipeg

Property score

77.9

Good

Overall 77.9 · Larger than most nearby homes

1,643 sqft (top 24%) · Built in 1976

Located in a high-income area with median household income of ~96k

Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 1 healthcare facility, and 3 shops nearby

Living Area

Above average

17% larger than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 78%Punjabi · 3%

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

77.9 is composed by the two sections below.

Property Score

77.6Good
Living Area1,643 sqft83Excellent
Year Built197667Good
Lot Size6,643 sqft85Excellent
Neighbourhood Sales Activity32Low

Community Score

78.4Good
Household Income83Excellent
Education Level54Fair
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: #46110743

Community deep dive

$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

Population, labour & age

Population (2021)598
Labour force participation rate67%
Median age40.8
Avg household size2.5
Unemployment rate8%
Population density3517 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households19%
Couple families with children25%
Median household income (2020)$96K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$290K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority6%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Punjabi · 3%

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

Rankings

Living Area

above average
1,643 sqft
0255075100
Same streetTop 20%Same areaTop 24%CitywideTop 23%
Same street · Winters Way
#1 / 5
Top 20% · Avg 1,161 sqft
Same area · River East
#692 / 2,836
Top 24% · Avg 1,399 sqft
Citywide · Winnipeg
#45,288 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
384k
0255075100
Same streetTop 40%Same areaBottom 47%CitywideTop 43%
Same street · Winters Way
#2 / 5
Top 40% · Avg 374.4k
Same area · River East
#1,507 / 2,836
Bottom 47% · Avg 401.1k
Citywide · Winnipeg
#83,066 / 194,458
Top 43% · Avg 390.1k

Year Built

above average
1976
0255075100
Same streetTop 20%Same areaTop 48%CitywideTop 39%

Lot Size

above average
6,643 sqft
0255075100
Same streetBottom 1%Same areaTop 35%CitywideTop 20%

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 Winters Way — 14 amenities found within 500 m, across 6 categories, including 4 dining (nearest 261 m), 1 education (nearest 314 m), 1 healthcare (nearest 420 m).

Search radius
🍽️Dining4
🏫Education1
🏥Healthcare1
🛒Shopping3
🌳Parks4
🏛️Government1

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 8/2021CA$300k–350k
Sold price

Same street

Bottom 33%

Same area

Bottom 42%

City-wide

Top 48%

Related homes

Highlights & common questions: 20 Winters Way, Winnipeg

Property Overview

20 Winters Way is a well-proportioned family home in Winnipeg's River East neighborhood. Built in 1976, it offers 1,643 sqft of living space on a 6,643 sqft lot, with a current assessed value of $384,000. The home presents a balanced offering, standing out for its spacious interior relative to its immediate surroundings while representing a stable, average value proposition for the area.

Key Characteristics & Appeal

The primary appeal of this home lies in its above-average living space. It ranks in the top quarter of homes locally and citywide for square footage, offering more room than most comparable properties. This makes it a practical choice for growing families or those who simply desire more spaciousness without a premium price tag. The lot size, while slightly smaller than others on its street, is still above the citywide average, providing decent outdoor space.

Its assessed value is consistently around the average mark for the street, neighborhood, and city, indicating it is fairly priced within the current market without any significant over- or under-valuation. The home last sold in August 2021 for between $300,000 and $350,000, suggesting potential for equity growth since that time.

This property would best suit value-conscious buyers looking for a move-in ready, spacious home in an established neighborhood. It’s ideal for those who prioritize interior space over having the largest lot on the block and who appreciate a home that represents a solid, middle-of-the-market investment in a stable community.


Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $384k is very close to the average for similar homes in Winnipeg, making it a good benchmark. However, market conditions, the home's specific condition, and recent upgrades will ultimately determine the final sale price.

2. How does the lot size compare to the neighborhood?
The lot is slightly smaller than the average for River East and is the smallest among the five comparable homes on Winters Way itself. However, it is still larger than the average lot across the entire city of Winnipeg.

3. The home was built in 1976. What should I consider regarding its age?
As a home from the mid-1970s, key systems like the roof, windows, plumbing, and electrical may be nearing or past their typical lifespan. A thorough inspection is crucial to understand the condition and anticipate any needed updates or repairs.

4. The home sold recently in 2021. What does that mean?
The previous sale between $300k and $350k suggests the current owners have likely built equity. This recent transaction also provides a useful, modern price point for comparison, though the market may have shifted since then.

5. How does the living space truly compare to other homes?
This is the home's standout feature. With 1,643 sqft, it offers significantly more space than the average home on its street (1,161 sqft) and is also above the averages for both the River East neighborhood and the city as a whole. You are getting more interior space than most comparable properties.

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