246 Stuart Avenue

River East, Winnipeg

Property score

69.8

Good

Overall 69.8 · Newer than most nearby homes

1,444 sqft (top 35%) · Built in 2003 (27 yrs newer 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: 5 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Above average

27 yrs newer 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

69.8 is composed by the two sections below.

Property Score

78.0Good
Living Area1,444 sqft75Good
Year Built200387Excellent
Lot Size8,109 sqft93Excellent
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

above average
1,444 sqft
0255075100
Same streetTop 12%Same areaTop 35%CitywideTop 34%
Same street · Stuart Avenue
#8 / 68
Top 12% · Avg 1,163 sqft
Same area · River East
#993 / 2,836
Top 35% · Avg 1,399 sqft
Citywide · Winnipeg
#65,193 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

Elite
513k
0255075100
Same streetTop 3%Same areaTop 9%CitywideTop 18%
Same street · Stuart Avenue
#2 / 68
Top 3% · Avg 356.1k
Same area · River East
#248 / 2,836
Top 9% · Avg 401.1k
Citywide · Winnipeg
#34,490 / 194,458
Top 18% · Avg 390.1k

Year Built

Elite
2003
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 16%

Lot Size

above average
8,109 sqft
0255075100
Same streetTop 34%Same areaTop 20%CitywideTop 11%

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

246 Stuart Avenue — 11 amenities found within 500 m, across 5 categories, including 5 dining (nearest 383 m), 1 education (nearest 495 m), 1 healthcare (nearest 267 m).

Search radius
🍽️Dining5
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳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 6/2016CA$400k–450k
Sold price

Same street

Top 8%

Same area

Top 29%

City-wide

Top 27%

Related homes

Highlights & common questions: 246 Stuart Avenue, Winnipeg

Property Overview: 246 Stuart Avenue, Winnipeg

Key Characteristics & Appeal

This home stands out on its street and within the River East neighborhood for its modern build and premium valuation. Built in 2003, it is notably newer than most surrounding homes, ranking in the top 1% for its year of construction both on Stuart Avenue and in the broader area. This suggests a property with likely fewer immediate maintenance concerns and more contemporary building standards.

Its primary appeal lies in its combination of space, a generous lot, and a strong market position. The 1,444 sqft living area is comfortably above average for the street, and the 8,109 sqft lot size offers ample outdoor space, ranking well above the city average. The assessed value of $513k is elite for the street (top 3%) and above average for the neighborhood and city, indicating a property that is highly valued relative to its peers.

This home would suit buyers looking for a move-in-ready property in a mature neighborhood without the typical age-related issues of older homes. It’s ideal for those who value both indoor living space and substantial outdoor room, and for buyers who see value in a home that already holds a top-tier assessed value on its block, potentially signaling a sound long-term investment.

Frequently Asked Questions

1. Why is the assessed value so much higher than neighboring homes?
The assessed value reflects the property's relative advantages, primarily its much newer construction date (2003 vs. a 1965 street average) and its above-average living area and lot size. These factors combine to place it in an elite valuation tier on this specific street.

2. How does the lot size compare to newer subdivisions?
At over 8,100 sqft, the lot is significantly larger than the Winnipeg average of 6,570 sqft for comparable homes. This offers more private outdoor space than is typically found in many modern developments.

3. What does the "Sold Price" data from 2016 tell us?
The 2016 sale price placed in the top 8% for the street at the time, showing a history of premium valuation. This provides context for the current high assessment, suggesting a consistent market position.

4. Is the living area considered large for Winnipeg?
At 1,444 sqft, it is slightly above the citywide average. Its strength is more pronounced on its own street, where it ranks in the top 12%, offering more space than most direct neighbors.

5. How can I verify the exact historical sold prices?
The site provides sold price ranges for reference. Due to data licensing rules, exact sold prices are not displayed publicly. You can request the full, verified transaction history directly via email through the provided site function.

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