Property score
59.8
Fair
Overall 59.8 · Older than most nearby homes
1,260 sqft (bottom 48%) · Built in 1947 (29 yrs older than avg)
Located in a average-income area with median household income of ~59.2k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 6 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
10% smaller than neighborhood avg.
Year Built
Below average
29 yrs older than neighborhood avg.
Mother tongue
English · 76%French · 2%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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59.8 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110742
$59K
Median household income
$72K
Average household income
16%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
46%
Single-person households
13%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
229 Douglas Avenue — 10 amenities found within 500 m, across 5 categories, including 6 dining (nearest 301 m), 1 education (nearest 484 m), 1 healthcare (nearest 271 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 15% | Top 31% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 229 Douglas Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, value, and potential on a generous lot in Winnipeg's River East neighborhood. Its primary appeal lies in its above-average land size—a 8,583 sqft lot that ranks in the top 20% on its street and top 9% city-wide—offering rare room for expansion, gardening, or outdoor activities. The living area (1,260 sqft) is notably spacious for the immediate street, ranking in the top 10% among nearby homes. Built in 1947, the property is older than most in the area, which suggests classic character but also indicates that updates and systems maintenance should be a key consideration for buyers.
The assessed value of $325k sits below the neighborhood average, positioning this as a more accessible entry point into River East. This combination suits practical buyers looking for a solid footprint and yard space who are prepared for the stewardship of an older home. It’s a fit for those who value lot size over new construction, and who see potential in a property that offers more land than many modern offerings. The recent sale in mid-2024 within the $400k-$450k range reflects a market value significantly above its assessment, highlighting its desirability.
Frequently Asked Questions
1. Is the house in need of major updates?
Given its 1947 construction—older than most homes on the street and in the neighborhood—prospective buyers should budget for potential updates to roofing, plumbing, electrical, and insulation. A thorough inspection is essential.
2. How does the sold price compare to the assessed value?
The home sold for between $400,000 and $450,000 in July 2024, which is well above its $325,000 assessed value. This is common and reflects current market conditions rather than the city's assessment for tax purposes.
3. What are the advantages of such a large lot?
The 8,583 sqft lot is a standout feature, offering ample space for additions, a large garden, recreational space, or future development like a garage or workshop, subject to city bylaws.
4. How does this home compare to others in River East?
The living space is about average for the broader neighborhood, but the lot size is significantly above average. The assessed value is below the neighborhood average, which can mean lower property taxes relative to nearby homes with similar market values.
5. Where can I get the exact historical sold price data?
The provider notes that exact sold prices are not displayed publicly due to industry rules. You must request the exact figures via email for a manual lookup, as the data presented is from non-MLS sources.
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