21 Algonquin Avenue

River East, Winnipeg

Property score

78.0

Good

Overall 78.0 · Older than most nearby homes

1,432 sqft (top 36%) · Built in 1974 (2 yrs older than avg)

Located in a high-income area with median household income of ~130k

Transit 64.0 · 7-min walk to transit with 2 nearby routes · Within 500m: 3 parks nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 79%Chinese · 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

78.0 is composed by the two sections below.

Property Score

71.4Good
Living Area1,432 sqft75Good
Year Built197458Fair
Lot Size7,197 sqft88Excellent
Neighbourhood Sales Activity32Low

Community Score

88.0Excellent
Household Income92Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110738

Community deep dive

$130K

Median household income

$138K

Average household income

1%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

14%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)456
Labour force participation rate66%
Median age46.8
Avg household size2.7
Unemployment rate5%
Population density2533 / km²

Households & income

Low income (LIM-AT, % pop.)1%
Single-person households14%
Couple families with children35%
Median household income (2020)$130K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority7%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Chinese · 1%

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

Rankings

Living Area

around average
1,432 sqft
0255075100
Same streetBottom 8%Same areaTop 36%CitywideTop 34%
Same street · Algonquin Avenue
#34 / 37
Bottom 8% · Avg 2,179 sqft
Same area · River East
#1,013 / 2,836
Top 36% · Avg 1,399 sqft
Citywide · Winnipeg
#66,314 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
464k
0255075100
Same streetBottom 19%Same areaTop 19%CitywideTop 26%
Same street · Algonquin Avenue
#30 / 37
Bottom 19% · Avg 529.4k
Same area · River East
#538 / 2,836
Top 19% · Avg 401.1k
Citywide · Winnipeg
#50,419 / 194,458
Top 26% · Avg 390.1k

Year Built

around average
1974
0255075100
Same streetBottom 41%Same areaBottom 30%CitywideTop 42%

Lot Size

above average
7,197 sqft
0255075100
Same streetBottom 24%Same areaTop 29%CitywideTop 15%

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

21 Algonquin Avenue — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 194 m).

Search radius
🌳Parks3

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 10/2022CA$500k–550k
Sold price

Same street

Top 50%

Same area

Top 7%

City-wide

Top 13%
Sold 8/2022CA$550k–600k
Sold price

Same street

Top 30%

Same area

Top 5%

City-wide

Top 11%

Related homes

Highlights & common questions: 21 Algonquin Avenue, Winnipeg

Property Overview: 21 Algonquin Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,432 sqft home, built in 1974, presents a compelling mix of value and location within Winnipeg's River East neighborhood. Its primary appeal lies in its strong positional value: while the home itself is more modest in size and assessed value compared to others on its specific street, it sits on a larger-than-average 7,197 sqft lot for the city. This creates an interesting dynamic—you are acquiring a property in a well-established area where the land itself holds significant value, with potential for future updates or expansion.

The home suits two main types of buyers. First, it's ideal for practical, value-conscious buyers or young families seeking entry into a stable neighborhood without paying a premium for a fully renovated or oversized home. Second, it appeals to those with a longer-term vision who see the underlying asset: a sizable lot in a mature area, offering possibilities for gardening, outdoor space, or future investment. It’s a property that trades immediate street-level prestige for solid neighborhood standing and lot potential.

Section 2: Frequently Asked Questions

1. Is this home smaller than others on the street?
Yes. The living area is below the street average. This is reflected in its assessed value, which is also below the street average. However, this is what makes the property more accessible while still providing the location benefits.

2. How does the property compare to the wider neighborhood and city?
Favorably. While it ranks below average on its own street for size and value, it ranks above average for both assessed value and lot size within the broader River East neighborhood and citywide. This indicates you're getting a competitively valued property with a desirable lot size for the area.

3. What is the recent sales history for the property?
It sold twice in 2022, with prices estimated between $500k and $600k. These sale prices placed the home in the top 5-13% for the neighborhood at those times, suggesting strong market interest.

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

5. What is the potential here for a buyer?
The potential is rooted in the land and location. The lot is significantly larger than typical Winnipeg lots, offering more outdoor space. For a buyer willing to live in a solid, average-sized home from the 1970s, the asset is the valuable land in a established community, which may appreciate or offer future flexibility.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.