215 Emerson Avenue

River East, Winnipeg

Property score

71.1

Good

Overall 71.1 · Compared with neighbourhood average

1,234 sqft (bottom 45%) · Built in 1976

Located in a high-income area with median household income of ~93k

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Near average

12% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 79%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

71.1 is composed by the two sections below.

Property Score

67.4Good
Living Area1,234 sqft66Good
Year Built197667Good
Lot Size6,714 sqft85Excellent
Neighbourhood Sales Activity32Low

Community Score

76.7Good
Household Income82Excellent
Education Level72Good
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health42Low

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: #46110767

Community deep dive

$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

Population, labour & age

Population (2021)556
Labour force participation rate48%
Median age52.4
Avg household size2.2
Unemployment rate9%
Population density1737 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households28%
Couple families with children20%
Median household income (2020)$93K

Housing

Renter households8%
Condominium dwellings20%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority6%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 78%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

around average
1,234 sqft
0255075100
Same streetTop 48%Same areaBottom 45%CitywideTop 47%
Same street · Emerson Avenue
#87 / 183
Top 48% · Avg 1,262 sqft
Same area · River East
#1,553 / 2,836
Bottom 45% · Avg 1,399 sqft
Citywide · Winnipeg
#91,344 / 194,458
Top 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
376k
0255075100
Same streetBottom 44%Same areaBottom 42%CitywideTop 45%
Same street · Emerson Avenue
#103 / 183
Bottom 44% · Avg 383.2k
Same area · River East
#1,634 / 2,836
Bottom 42% · Avg 401.1k
Citywide · Winnipeg
#87,643 / 194,458
Top 45% · Avg 390.1k

Year Built

around average
1976
0255075100
Same streetTop 45%Same areaTop 48%CitywideTop 39%

Lot Size

above average
6,714 sqft
0255075100
Same streetTop 34%Same areaTop 35%CitywideTop 19%

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

215 Emerson Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 305 m).

Search radius
🌳Parks1

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 4/2024CA$400k–450k
Sold price

Same street

Top 25%

Same area

Top 31%

City-wide

Top 29%

Related homes

Highlights & common questions: 215 Emerson Avenue, Winnipeg

Property Overview: 215 Emerson Avenue, Winnipeg

Key Characteristics & Buyer Appeal

This home presents as a solid, middle-of-the-market property in Winnipeg's River East neighborhood. Built in 1976, its 1,234 sqft living area and $376k assessed value are consistently "around average" when compared to similar homes on its street, in the area, and across the city. This statistical consistency suggests a property that is neither over-improved nor under-developed for its context, offering a stable and predictable footprint.

The appeal lies in its balance and potential. While the house itself aligns with neighborhood norms, the 6,714 sqft lot is notably above the citywide average for comparable homes, ranking in the top 19%. This provides valuable outdoor space and future expansion potential that is less common citywide. The property sold in April 2024 within the $400k-$450k range, a price point that placed it in the top 25-31% of its local market at the time, indicating strong buyer interest.

This home would best suit pragmatic buyers—perhaps first-time purchasers or downsizers—who value a established, no-surprises neighborhood over a fixer-upper or a brand-new build. It’s for someone who sees the above-average lot size as a long-term asset for gardening, family space, or future value, rather than just the current structure. The data suggests it's a straightforward choice in a competitive price segment, where the land may hold more relative value than the building itself.

Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold for between $400,000 and $450,000 in April 2024, which was above its $376,000 assessed value. This placed the sale price in the top 25-31% of comparable local sales at the time, indicating a premium market valuation.

2. Is the lot size a significant advantage?
Yes, particularly from a citywide perspective. While the lot is around average for Emerson Avenue and River East, it ranks in the top 19% across all Winnipeg, offering more outdoor space than most comparable properties in the city.

3. How does this home compare to its immediate neighbors?
The data shows it is very typical for Emerson Avenue. Its living area, year built, and assessed value all rank near the middle of the 183 comparable homes on the same street, meaning it fits right into the existing fabric of the block.

4. Where can I get the exact sold price, not just a range?
The exact sale figure is not published publicly on this site due to industry data rules. You can request the precise sold price history via email from the site provider, who will manually look it up and send it to you.

5. What does "around average" in all these rankings really mean for a buyer?
It indicates a lower risk of overpaying relative to the immediate area, but also less immediate "steal." The value is in the property's stability and the fact that its market price has already been tested and validated by a recent sale. Major surprises in valuation or condition are less likely compared to more outlier properties.

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