Property score
50.0
Fair
Overall 50.0 · Smaller and older than most nearby homes
780 sqft (bottom 2%) · Built in 1952 (24 yrs older than avg)
Located in a high-income area with median household income of ~95k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 4 shops, and 4 parks nearby
Living Area
Below average
44% smaller than neighborhood avg.
Year Built
Below average
24 yrs older than neighborhood avg.
Mother tongue
English · 76%Punjabi · 2%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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50.0 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: #46110746
$95K
Median household income
$106K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
28%
Single-person households
21%
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
238 Strood Avenue — 13 amenities found within 500 m, across 4 categories, including 4 dining (nearest 248 m), 1 education (nearest 309 m), 4 shopping (nearest 132 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%
238 Strood Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Section 1: Key Characteristics & Buyer Appeal
This 780 sqft bungalow, built in 1952, presents a distinct profile defined by its contrasts. Its living space is notably compact, ranking well below averages for its street, neighborhood, and city. The assessed value of $307k is also below local averages on Strood Avenue and in River East, though it aligns more closely with the wider Winnipeg average. The home’s age is a standout, being older than most in its immediate area.
The property’s primary appeal lies in its generous 6,462 sqft lot, which is above the citywide average and offers significant outdoor space relative to the home's footprint. This creates a clear value proposition: a lower-priced entry point into the neighborhood with land that holds potential for expansion, gardening, or outdoor living. It suits practical first-time buyers or downsizers who prioritize lot size over interior square footage and are comfortable with a home that may require updates. It also appeals to value-oriented investors or buyers with a vision for renovation, seeing the older structure and larger lot as a canvas for future value addition, rather than a move-in-ready finished product.
Section 2: Frequently Asked Questions
1. Why is the assessed value below the street and neighborhood average?
The assessed value reflects the home’s smaller size, older age, and likely its current condition compared to larger, more recently built or updated homes on the same street. The value is more in line with the citywide average, suggesting you are paying primarily for the land and location within Winnipeg.
2. Is the smaller living area a major drawback?
It depends on your needs. For a single person, couple, or someone downsizing, 780 sqft can be efficient and manageable. However, for those needing multiple bedrooms or dedicated workspace, it will feel cramped. The large lot offers a trade-off, providing space that isn’t available in many newer, denser developments.
3. What does the older year built (1952) mean for me?
It typically indicates potential for charming original features but also a higher likelihood of aging core components (like plumbing, electrical, or the roof) needing attention or modernization. A thorough inspection is essential to understand the condition and any upcoming capital costs.
4. How does the large lot size benefit me?
Beyond simple outdoor space, a larger lot in an established neighborhood offers long-term flexibility. It could allow for a future addition, the creation of a rental suite (subject to zoning), or simply provides more privacy and greenery than newer lots. It’s an asset that is increasingly rare.
5. Can I get the exact sales history for this property?
The public data does not show a detailed sales history. To obtain verified, exact historical sale figures, you must request them directly via email from the listing service, as they manually provide this data due to industry regulations.
