218 Glenway Avenue

River East, Winnipeg

Property score

75.2

Good

Overall 75.2 · Larger and newer than most nearby homes

1,524 sqft (top 30%) · Built in 1992 (16 yrs newer than avg)

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

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, and 2 parks nearby

Living Area

Above average

9% larger than neighborhood avg.

Year Built

Above average

16 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

75.2 is composed by the two sections below.

Property Score

74.2Good
Living Area1,524 sqft79Good
Year Built199281Excellent
Lot Size4,883 sqft60Fair
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

above average
1,524 sqft
0255075100
Same streetTop 17%Same areaTop 30%CitywideTop 29%
Same street · Glenway Avenue
#14 / 83
Top 17% · Avg 1,322 sqft
Same area · River East
#858 / 2,836
Top 30% · Avg 1,399 sqft
Citywide · Winnipeg
#56,512 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
400k
0255075100
Same streetTop 48%Same areaTop 45%CitywideTop 38%
Same street · Glenway Avenue
#40 / 83
Top 48% · Avg 402.1k
Same area · River East
#1,268 / 2,836
Top 45% · Avg 401.1k
Citywide · Winnipeg
#74,505 / 194,458
Top 38% · Avg 390.1k

Year Built

Elite
1992
0255075100
Same streetTop 14%Same areaTop 3%CitywideTop 21%

Lot Size

around average
4,883 sqft
0255075100
Same streetBottom 1%Same areaBottom 9%CitywideBottom 41%

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

218 Glenway Avenue — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 480 m), 2 parks (nearest 410 m).

Search radius
🍽️Dining1
🌳Parks2

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$350k–400k
Sold price

Same street

Bottom 44%

Same area

Top 38%

City-wide

Top 34%

Related homes

Highlights & common questions: 218 Glenway Avenue, Winnipeg

Property Overview: 218 Glenway Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated River East home presents a practical and modern living space within a mature neighborhood. Its key appeal lies in offering above-average interior space and a newer build year compared to most local and city-wide counterparts. With 1,524 sqft of living area, it ranks in the top 17% on its own street and top 30% in the neighborhood, providing more room than many similar homes. Built in 1992, it is notably newer than most in River East (top 3%), suggesting potentially fewer major upkeep concerns and more contemporary layouts.

The property suits buyers seeking a move-in-ready home that balances space and modernity without a premium price tag, as its assessed value aligns closely with area averages. A thoughtful perspective is that while the lot size is smaller than others on Glenway Avenue, this can translate to less yard maintenance—an advantage for busy professionals or those looking to downsize exterior upkeep without sacrificing indoor space. It’s an ideal fit for growing families, first-time buyers looking for a solid step-up property, or downsizers who value single-level living (assuming bungalow style, common for the area and era) but still desire generous room inside.

Section 2: Frequently Asked Questions

1. How does the property’s value compare to recent sales?
The home sold between $350,000-$400,000 in late 2022. Its current assessed value of $400,000 is very close to the average for both the street and the broader River East neighborhood, indicating it is priced consistently with the market.

2. Is the lot size a concern?
The land area is smaller than most on the street. This means less private outdoor space but also reduced maintenance. For buyers prioritizing interior space over a large yard, this is a reasonable trade-off.

3. What does the "newer build year" actually mean for me?
Built in 1992, the home is 10-15 years newer than the neighborhood average. This often translates to updated electrical systems, more modern insulation standards, and floor plans that better suit contemporary living, potentially lowering immediate renovation needs.

4. Are sold prices on this site exact?
No. For privacy and data licensing reasons, sold prices are shown in ranges. You can request the exact historical sold figures via email from the site provider for verified accuracy.

5. How does this home rank for space in Winnipeg overall?
Its living area is consistently above average, ranking in the top 29% city-wide. You are getting more interior square footage than over 70% of comparable homes across Winnipeg, which is a significant advantage in this price segment.

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