24 Reiny Drive

River East, Winnipeg

Property score

68.9

Good

Overall 68.9 · Compared with neighbourhood average

1,262 sqft (bottom 48%) · Built in 1978 (2 yrs newer than avg)

Located in a high-income area with median household income of ~95k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 1 school, 4 shops, and 2 parks nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 76%Punjabi · 2%

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

68.9 is composed by the two sections below.

Property Score

65.7Good
Living Area1,262 sqft66Good
Year Built197867Good
Lot Size5,500 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

73.7Good
Household Income83Excellent
Education Level54Fair
Housing Stress74Good
Core Housing Need88Excellent
Employment Health52Fair

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: #46110746

Community deep dive

$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

Population, labour & age

Population (2021)656
Labour force participation rate53%
Median age52.4
Avg household size2.3
Unemployment rate3%
Population density2050 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households28%
Couple families with children21%
Median household income (2020)$95K

Housing

Renter households21%
Condominium dwellings25%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority7%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Punjabi · 1%

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

Rankings

Living Area

around average
1,262 sqft
0255075100
Same streetBottom 23%Same areaBottom 48%CitywideTop 44%
Same street · Reiny Drive
#43 / 56
Bottom 23% · Avg 1,527 sqft
Same area · River East
#1,462 / 2,836
Bottom 48% · Avg 1,399 sqft
Citywide · Winnipeg
#86,424 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
385k
0255075100
Same streetBottom 16%Same areaBottom 47%CitywideTop 42%
Same street · Reiny Drive
#47 / 56
Bottom 16% · Avg 418.5k
Same area · River East
#1,497 / 2,836
Bottom 47% · Avg 401.1k
Citywide · Winnipeg
#82,459 / 194,458
Top 42% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 18%Same areaTop 34%CitywideTop 35%

Lot Size

around average
5,500 sqft
0255075100
Same streetBottom 18%Same areaBottom 21%CitywideTop 43%

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

24 Reiny Drive — 12 amenities found within 500 m, across 4 categories, including 5 dining (nearest 220 m), 1 education (nearest 259 m), 4 shopping (nearest 145 m).

Search radius
🍽️Dining5
🏫Education1
🛒Shopping4
🌳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 12/2016CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 29%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 24 Reiny Drive, Winnipeg

Property Overview: 24 Reiny Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 24 Reiny Drive is a solid, average-sized property in Winnipeg's River East neighborhood, built in 1978. With 1,262 sqft of living space and a 5,500 sqft lot, it sits comfortably within the mid-range for both the city and the area. Its assessed value of $385k is very close to the Winnipeg average, suggesting a market-aligned and stable valuation.

The appeal here lies in its established neighborhood setting and practicality. While the home is slightly smaller and on a somewhat smaller lot than its immediate street neighbors, it is newer than most on Reiny Drive. This positions it as a potentially well-maintained option in a mature area. It would suit first-time buyers or downsizers looking for a manageable, no-surprises home in a community with consistent property values. It’s a property for those prioritizing a sensible entry into the market over standout size or premium finishes, offering the chance to live on a street where the average home value is higher, without the premium price tag.

Section 2: Frequently Asked Questions

1. How does this home really compare to others on the street?
The data shows it’s a bit of an outlier on Reiny Drive. It has a smaller living area and lot size than the street average, but it was also built slightly later than most homes there. This means you’re buying into a street of generally larger, slightly older homes, which can be positive for neighborhood character and stability.

2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($385k) is a municipal calculation for tax purposes and is a useful benchmark. It aligns closely with city and area averages. However, the last known sale was between $300k-$350k in 2016. Market conditions, property condition, and updates since then will ultimately determine the sale price.

3. What does the lot size mean for potential expansion or renovation?
At 5,500 sqft, the lot is below average for River East but near the city average. It provides standard backyard space but may have limitations for significant additions like a large garage or extension compared to larger lots in the area. Checking local zoning bylaws would be essential for any expansion plans.

4. Can I get the exact historical sale prices?
The site provides sold price ranges for context. To obtain verified, exact sale figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.

5. The home is described as "newer" on the street—is that a major advantage?
Built in 1978, it is only marginally newer than the street average of 1977. The advantage is likely subtle, possibly relating to the era of certain building materials or design. A professional home inspection is crucial to understand the actual condition, as age differences of a year or two are less significant than maintenance history.

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