255 Douglas Avenue

River East, Winnipeg

Property score

57.4

Fair

Overall 57.4 · Smaller and older than most nearby homes

1,008 sqft (bottom 17%) · Built in 1973 (3 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: 5 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Below average

3 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

57.4 is composed by the two sections below.

Property Score

57.2Fair
Living Area1,008 sqft52Fair
Year Built197358Fair
Lot Size6,601 sqft85Excellent
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
1,008 sqft
0255075100
Same streetTop 45%Same areaBottom 17%CitywideBottom 27%
Same street · Douglas Avenue
#18 / 40
Top 45% · Avg 988 sqft
Same area · River East
#2,343 / 2,836
Bottom 17% · Avg 1,399 sqft
Citywide · Winnipeg
#142,120 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
342k
0255075100
Same streetTop 40%Same areaBottom 22%CitywideBottom 43%
Same street · Douglas Avenue
#16 / 40
Top 40% · Avg 323.8k
Same area · River East
#2,199 / 2,836
Bottom 22% · Avg 401.1k
Citywide · Winnipeg
#110,124 / 194,458
Bottom 43% · Avg 390.1k

Year Built

around average
1973
0255075100
Same streetTop 33%Same areaBottom 22%CitywideTop 43%

Lot Size

above average
6,601 sqft
0255075100
Same streetBottom 22%Same areaTop 36%CitywideTop 21%

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

255 Douglas Avenue — 12 amenities found within 500 m, across 5 categories, including 5 dining (nearest 342 m), 1 education (nearest 435 m), 1 healthcare (nearest 325 m).

Search radius
🍽️Dining5
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks4

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 8/2023CA$350k–400k
Sold price

Same street

Top 38%

Same area

Bottom 49%

City-wide

Top 44%

Related homes

Highlights & common questions: 255 Douglas Avenue, Winnipeg

Property Overview: 255 Douglas Avenue, Winnipeg

Key Characteristics & Buyer Appeal

This 1,008 sqft bungalow, built in 1973 on a 6,601 sqft lot in River East, presents a straightforward, middle-of-the-road offering with specific practical advantages. Its appeal is rooted in value and space relative to its immediate location. While its living space is modest for the broader neighborhood, it is actually slightly above average for Douglas Avenue itself. The lot size is a notable feature—it's more generous than most city-wide lots, offering good outdoor space potential in a mature area.

The home’s assessed value of $342k sits comfortably around the average for its street, suggesting it's priced in line with its direct peers rather than the wider, more expensive River East area. This creates a value proposition: you get a standard home for the street, but with a larger-than-city-average yard. It would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established community without a premium price tag. A thoughtful buyer might see the larger lot as a long-term asset for expansion or landscaping, while the home's unexceptional rankings across the board indicate a stable, low-risk purchase unlikely to overpay for neighborhood hype.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
It last sold between $350k-$400k in August 2023. Its current assessed value of $342k is slightly below that sale range and is around average for homes on Douglas Avenue.

2. Is the living space small for the area?
Yes, at 1,008 sqft, it is below the River East neighborhood average. However, it is actually slightly larger than the average home (988 sqft) on Douglas Avenue itself, so it fits the scale of its immediate street.

3. What is the standout feature of the property?
The 6,601 sqft lot is a key asset. It is larger than the average lot across Winnipeg, providing more outdoor space than many city properties, which is a valuable and less replaceable feature than interior square footage.

4. Are the property taxes likely to be high?
Based on its assessed value, which is below the neighborhood average but around the city average, the property taxes should be reasonably in line with a mid-range Winnipeg home, not elevated for River East.

5. How can I verify the exact historical sale price?
The site provides sold price ranges for context. For fully verified and exact transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.

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