245 Stuart Avenue

River East, Winnipeg

Property score

53.9

Fair

Overall 53.9 · Smaller and older than most nearby homes

1,076 sqft (bottom 28%) · Built in 1960 (16 yrs older than avg)

Located in a average-income area with median household income of ~59.2k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 6 dining spots, 1 healthcare facility, 2 shops, and 3 parks nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Below average

16 yrs older than neighborhood avg.

Mother tongue

English · 76%French · 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

53.9 is composed by the two sections below.

Property Score

51.5Fair
Living Area1,076 sqft52Fair
Year Built196043Low
Lot Size5,261 sqft67Good
Neighbourhood Sales Activity32Low

Community Score

57.6Fair
Household Income62Fair
Education Level44Low
Housing Stress63Fair
Core Housing Need63Fair
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: #46110742

Community deep dive

$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

Population, labour & age

Population (2021)559
Labour force participation rate56%
Median age51.2
Avg household size1.8
Unemployment rate10%
Population density3493 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households46%
Couple families with children13%
Median household income (2020)$59K

Housing

Renter households50%
Condominium dwellings0%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority13%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 75%
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

around average
1,076 sqft
0255075100
Same streetBottom 49%Same areaBottom 28%CitywideBottom 37%
Same street · Stuart Avenue
#35 / 68
Bottom 49% · Avg 1,163 sqft
Same area · River East
#2,044 / 2,836
Bottom 28% · Avg 1,399 sqft
Citywide · Winnipeg
#123,330 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
333k
0255075100
Same streetBottom 34%Same areaBottom 18%CitywideBottom 40%
Same street · Stuart Avenue
#45 / 68
Bottom 34% · Avg 356.1k
Same area · River East
#2,317 / 2,836
Bottom 18% · Avg 401.1k
Citywide · Winnipeg
#116,519 / 194,458
Bottom 40% · Avg 390.1k

Year Built

around average
1960
0255075100
Same streetBottom 31%Same areaBottom 6%CitywideBottom 42%

Lot Size

around average
5,261 sqft
0255075100
Same streetBottom 6%Same areaBottom 12%CitywideTop 49%

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

245 Stuart Avenue — 12 amenities found within 500 m, across 4 categories, including 6 dining (nearest 387 m), 1 healthcare (nearest 240 m), 2 shopping (nearest 447 m).

Search radius
🍽️Dining6
🏥Healthcare1
🛒Shopping2
🌳Parks3

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 11/2016CA$250k–300k
Sold price

Same street

Bottom 8%

Same area

Bottom 9%

City-wide

Bottom 25%

Related homes

Highlights & common questions: 245 Stuart Avenue, Winnipeg

Property Overview: 245 Stuart Avenue, River East, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,076 sqft bungalow, built in 1960, presents a straightforward opportunity in Winnipeg's River East neighborhood. Its primary appeal lies in its solid positional value. The home sits on a modest, manageable lot (5,261 sqft) that is smaller than most on its street, which can mean less maintenance. With an assessed value of $333k, it is priced below the neighborhood average, offering a relatively accessible entry point into the area.

The data suggests a home that is unexceptional in size or assessed value but consistently average or better when compared city-wide. This positions it as a practical, no-surprises property. It would suit first-time buyers seeking a stable foothold in a mature community, or downsizers looking for a manageable space without leaving a familiar neighborhood type. A thoughtful perspective is that its smaller lot and "around average" metrics city-wide could indicate less competition and more negotiation room compared to standout properties, appealing to the value-conscious buyer who prioritizes location over lot size.

Section 2: Frequently Asked Questions

1. How does the lot size impact this property?
The lot is notably smaller than others on Stuart Avenue and in River East. This typically translates to less yard maintenance, which can be a benefit, but may limit expansion possibilities or outdoor space compared to neighbors.

2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $333k is a municipal calculation for tax purposes, not a market appraisal. It serves as a useful benchmark, showing the home is valued below the neighborhood average. The final sale price will be determined by current market conditions, the home's state, and buyer demand.

3. What does the sold price history from 2016 tell us?
The home sold for between $250k-$300k in late 2016. This historical data provides context for its appreciation but does not predict the current market value, as significant time has passed and market conditions have changed.

4. How does this home compare to others in the area?
The home is slightly older and smaller than the River East neighborhood average. However, its assessed value ranks in the top 82% for the area, meaning it is considered more affordable than most homes here, offering value within the community.

5. Where can I get verified sale history and exact figures?
The provided data is compiled from public sources. For a full transaction history and exact sold prices, you must request a manual lookup from the site via email, as MLS data is not displayed due to industry rules.

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