Property score
55.1
Fair
Overall 55.1 · Smaller and older than most nearby homes
1,040 sqft (bottom 20%) · Built in 1972 (4 yrs older than avg)
Located in a average-income area with median household income of ~59.2k
Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 5 dining spots, 1 healthcare facility, 2 shops, and 3 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
4 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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55.1 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
248 Gilmore Avenue — 11 amenities found within 500 m, across 4 categories, including 5 dining (nearest 358 m), 1 healthcare (nearest 224 m), 2 shopping (nearest 434 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 | Bottom 17% | Bottom 18% | Bottom 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 248 Gilmore Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,040 sqft home on Gilmore Avenue in River East presents a practical and affordable entry point into the Winnipeg market. Built in 1972, its living space and assessed value ($320k) sit around the city-wide average, offering a squarely middle-of-the-road offering in terms of size and official valuation. The appeal here is grounded in value and stability rather than standout features. It suits first-time buyers or practical investors looking for a home that requires no premium for above-average size or a newer build, and who prioritize a lower purchase price relative to both the immediate neighborhood and the broader city.
A more nuanced perspective lies in its context. While the home itself is average for the city, it is priced below the averages for its own street ($347k) and the River East neighborhood ($401.1k). This could represent a value opportunity for a buyer comfortable with a smaller lot (4,783 sqft, which is below average for the area) who sees potential in the structure itself. It’s a property for a buyer who is content with a standard layout from the early 70s and views the below-average lot size as a trade-off for lower maintenance and a more accessible price point in a established area.
Section 2: Frequently Asked Questions
1. Is this home priced below its assessed value?
Based on the last recorded sale in 2021 (between $250k-$300k) and the current assessed value of $320k, a list price at or near assessment would suggest it has appreciated. However, the final price is always determined by the market.
2. How does the lot size impact this property?
At 4,783 sqft, the lot is smaller than most on Gilmore Avenue and in River East. This typically means less yard maintenance but may also limit expansion possibilities like large additions or pools compared to neighbors.
3. The data shows the assessed value is "below average" for the neighborhood. Is that a red flag?
Not necessarily. It primarily reflects the home’s more modest size and lot relative to other area homes. It can be an advantage, as it often translates to lower property taxes compared to larger homes on the same street.
4. What can the 2021 sale price tell me?
The prior sale gives a historical benchmark, showing the property's price point roughly three years ago. Market conditions and any updates made since then will influence its current value.
5. How do I find out the exact past sale prices?
The provided data shows approximate price ranges. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not publish MLS sold data directly.
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