22 Continental Avenue

River East, Winnipeg

Property score

68.6

Good

Overall 68.6 · Smaller than most nearby homes

1,056 sqft (bottom 22%) · Built in 1976

Located in a high-income area with median household income of ~113k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 9 parks nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 77%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

68.6 is composed by the two sections below.

Property Score

57.3Fair
Living Area52
1,056 sqftFair
Year Built67
1976Good
Lot Size74
5,774 sqftGood
Neighbourhood Sales Activity32
Low

Community Score

85.5Excellent
Household Income90
Excellent
Education Level72
Good
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110737

Community deep dive

$113K

Median household income

$112K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

18%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)464
Labour force participation rate68%
Median age47.6
Avg household size2.4
Unemployment rate9%
Population density2017 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households18%
Couple families with children34%
Median household income (2020)$113K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority17%
Bachelor's or higher (25–64)36%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

above average
1,056 sqft
0255075100
Same streetTop 24%Same areaBottom 22%CitywideBottom 34%
Same street · Continental Avenue
#8 / 33
Top 24% · Avg 1,082 sqft
Same area · River East
#2,213 / 2,836
Bottom 22% · Avg 1,399 sqft
Citywide · Winnipeg
#127,831 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
375k
0255075100
Same streetTop 24%Same areaBottom 42%CitywideTop 45%
Same street · Continental Avenue
#8 / 33
Top 24% · Avg 356.4k
Same area · River East
#1,646 / 2,836
Bottom 42% · Avg 401.1k
Citywide · Winnipeg
#88,243 / 194,458
Top 45% · Avg 390.1k

Year Built

around average
1976
0255075100
Same streetTop 42%Same areaTop 48%CitywideTop 39%

Lot Size

above average
5,774 sqft
0255075100
Same streetTop 9%Same areaBottom 35%CitywideTop 37%

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

22 Continental Avenue — 9 amenities found within 500 m, across 1 categories, including 9 parks (nearest 207 m).

Search radius
🌳Parks9

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 5/2017CA$300k–350k
Sold price

Same street

Top 50%

Same area

Bottom 32%

City-wide

Bottom 45%
Sold 2/2016CA$300k–350k
Sold price

Same street

Bottom 25%

Same area

Bottom 24%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 22 Continental Avenue, Winnipeg

Property Overview: 22 Continental Avenue, Winnipeg

Key Characteristics & Appeal

This 1976 bungalow in River East presents a solid, value-conscious opportunity in a stable neighborhood. At 1,056 sqft, the home offers a practical living space that is notably above average for its specific street, suggesting it's a well-sized property within its immediate context. One of its strongest assets is the 5,774 sqft lot, which ranks in the top 10% on Continental Avenue, offering generous outdoor space that is increasingly rare. With an assessed value of $375k, it sits above the street average but slightly below the broader neighborhood average, indicating a potentially favorable position for the street.

The appeal lies in its balance and established setting. It suits first-time buyers or downsizers looking for a manageable home with a large yard, without the premium of a newer or significantly larger property. A thoughtful perspective is that while the home's size is below the neighborhood average, its superior lot size offers latent value—potential for expansion, gardening, or outdoor living that newer infill lots often lack. Its consistent sale history in the $300k-$350k range points to a predictable, lower-volatility market segment.


Frequently Asked Questions

1. How does this home compare to others on the street?
The home is competitive on its own street. It has a larger-than-average living area and a significantly larger lot size compared to its direct neighbors, while its assessed value is also slightly above the street average.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($375k) is a municipal tool for calculating property tax, not a market appraisal. Historical sold data shows it last sold between $300k and $350k. Market conditions, property condition, and updates will determine the final sale price.

3. What does the lot size ranking mean for me?
Ranking in the top 9% for lot size on the street means you're getting more land than most nearby properties. This provides more privacy, space for recreation, or future projects like a shed or deck, and can be a long-term value driver.

4. The home seems smaller than the neighborhood average. Is that a concern?
It depends on your priorities. While the living area is below the River East average, the property compensates with a larger lot. It represents a different trade-off: more indoor space elsewhere often means less outdoor space. For those who value yard size, this is an advantage.

5. How can I find out the exact past sale prices?
The site provides sold price ranges for context. Due to industry regulations, exact MLS sale figures are not displayed publicly here. You can request the exact historical sold prices via email through the link provided on the property page.