57.7
Fair
Property score
57.7
Fair
Overall 57.7
Smaller but newer than most nearby homes
760 sqft (bottom 5%)
Built in 2016 (2 yrs newer than avg)
Located in a high-income area
with median household income of ~93k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 shop, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 79%French · 1%
Past 10 years River East sales snapshot (~80% of all data)
157
353.5k
$346/sqft
2014
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57.7 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” (Condos, 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: #46110767
$93K
Median household income
$99K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
28%
Single-person households
20%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
203-2033 Henderson Highway — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 67 m), 1 shopping (nearest 238 m), 2 parks (nearest 161 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 | Bottom 37% | Bottom 3% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a 760 sqft condominium unit located at 203-2033 Henderson Highway in Winnipeg's River East neighborhood. Built in 2016, it presents a distinct profile defined by its modern age in an area of predominantly older homes. Its assessed value is $248,000.
Key Characteristics & Appeal
The primary appeal of this property lies in its modern construction and relative value. Built in 2016, it is a notably newer build, ranking in the top 1% for year built on its street and in River East, where the average comparison home is decades older. This suggests lower immediate maintenance concerns and modern building standards.
However, the living space is compact at 760 sqft, placing it well below the area average. This creates a clear trade-off: you are acquiring a newer, low-maintenance home but with less square footage than typical for the price point in the neighborhood. Its assessed value is around the citywide average but below the River East neighborhood average, indicating it may be priced accessibly for the area.
This unit would best suit a first-time buyer, downsizer, or investor seeking a modern, turn-key property in a established neighborhood. It appeals to those who prioritize newer infrastructure and predictable costs over spaciousness. A thoughtful perspective is that it offers a way to live in a mature community without taking on the renovation projects common with older houses, though condo fees (not detailed here) would be a necessary inquiry.
Frequently Asked Questions
1. What are the condo fees, and what do they include?
This is the most critical question for any condo purchase. Fees cover shared expenses like building insurance, maintenance, and reserves. The specifics will directly impact your monthly budget and value proposition.
2. How does the unit's smaller size compare to the building's amenities?
Given the below-average living area, understanding if there are attractive common spaces (e.g., a lounge, gym, or outdoor area) that effectively extend your living space is important.
3. What is the owner-occupier to renter ratio in the building?
A higher owner-occupancy rate often correlates with greater stability, better maintenance, and potentially more restrictive rules on rentals, which can affect both lifestyle and investment potential.
4. Why is the assessed value below the River East neighborhood average?
The primary reason is likely the unit's smaller size. Neighborhood averages include larger single-family homes. Its value is more in line with citywide condo comparisons.
5. How soundproofed is the unit?
For any multi-family building, especially one on a major artery like Henderson Highway, understanding the construction quality and noise transmission between units and from the street is key to comfort.
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