22 Fair Place

River East, Winnipeg

Property score

84.0

Excellent

Overall 84.0 · Larger than most nearby homes

1,830 sqft (top 17%) · Built in 1975 (1 yr older than avg)

Located in a high-income area with median household income of ~143k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 4 parks nearby

Living Area

Above average

31% larger than neighborhood avg.

Year Built

Below average

1 yrs older than neighborhood avg.

Mother tongue

English · 75%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

84.0 is composed by the two sections below.

Property Score

79.4Good
Living Area89
1,830 sqftExcellent
Year Built58
1975Fair
Lot Size85
6,588 sqftExcellent
Neighbourhood Sales Activity32
Low

Community Score

90.8Excellent
Household Income93
Excellent
Education Level91
Excellent
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: #46110739

Community deep dive

$143K

Median household income

$208K

Average household income

2%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

7%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)709
Labour force participation rate59%
Median age48.4
Avg household size2.8
Unemployment rate0%
Population density1477 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households7%
Couple families with children35%
Median household income (2020)$143K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$492K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority4%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 75%
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
1,830 sqft
0255075100
Same streetBottom 25%Same areaTop 17%CitywideTop 16%
Same street · Fair Place
#6 / 8
Bottom 25% · Avg 2,080 sqft
Same area · River East
#479 / 2,836
Top 17% · Avg 1,399 sqft
Citywide · Winnipeg
#31,201 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
501k
0255075100
Same streetBottom 25%Same areaTop 11%CitywideTop 20%
Same street · Fair Place
#6 / 8
Bottom 25% · Avg 520.3k
Same area · River East
#317 / 2,836
Top 11% · Avg 401.1k
Citywide · Winnipeg
#38,104 / 194,458
Top 20% · Avg 390.1k

Year Built

around average
1975
0255075100
Same streetBottom 12%Same areaBottom 38%CitywideTop 40%

Lot Size

above average
6,588 sqft
0255075100
Same streetBottom 1%Same areaTop 36%CitywideTop 21%

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 Fair Place — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 236 m).

Search radius
🌳Parks4

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 6/2024CA$550k–600k
Sold price

Same street

Top 50%

Same area

Top 5%

City-wide

Top 11%

Related homes

Highlights & common questions: 22 Fair Place, Winnipeg

Property Overview: 22 Fair Place, Winnipeg

Key Characteristics & Appeal

This 1,830 sqft home, built in 1975, presents a compelling middle-ground proposition in Winnipeg’s River East neighborhood. Its primary appeal lies in its strong positioning within the broader market, contrasted with its more modest standing on its immediate street. While it is one of the smaller and lower-assessed homes on Fair Place itself, it ranks well above average for both size and value when compared to the wider neighborhood and city. This suggests a home that offers solid space and perceived value for the area, potentially at a more accessible point than its immediate neighbors.

The property would suit practical buyers looking for a well-sized family home in an established area without paying a premium for the largest lot or newest build on the block. It’s a sensible choice for those who prioritize the neighborhood’s overall amenities and community over having the top-tier property on the street. The recent sale in mid-2024 indicates it was a move-in ready home, appealing to buyers seeking a straightforward purchase without a renovation project.

Frequently Asked Questions

1. How does this home’s value compare to nearby sales?
Based on available data, the home sold for an estimated $550k-$600k in June 2024. This sale price ranked in the top 5% for the River East area and top 11% city-wide at the time, indicating a strong market performance relative to many other Winnipeg homes.

2. Is the lot size a disadvantage?
At 6,588 sqft, the lot is below average for Fair Place but is very close to the city-wide average. It offers ample outdoor space for most uses but may not suit those specifically seeking an exceptionally large yard.

3. What do the rankings mean for future value?
The home’s above-average rankings for size and assessed value in the neighborhood suggest it aligns with area norms, which can be a stabilizing factor. Its position on its own street indicates there may be more upside potential compared to neighboring properties, but also that it may not lead market appreciation on the block.

4. How can I verify the exact sale price?
The site provides sold price ranges publicly. To obtain the exact, verified sale price and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.

5. Are comparable homes currently available?
The listing shows nearby properties with similar assessed values (around $501k) in neighborhoods like Elmhurst and Varsity View, which can be useful for broad comparison. For current listings in River East, checking a dedicated MLS search or contacting a local agent is recommended.