Property score
59.4
Fair
Overall 59.4 · Smaller and older than most nearby homes
1,037 sqft (bottom 20%) · Built in 1959 (17 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 1 healthcare facility, 2 shops, and 3 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
17 yrs older than neighborhood avg.
Mother tongue
English · 76%Punjabi · 2%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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59.4 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: #46110744
$77K
Median household income
$94K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
40%
Single-person households
18%
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
255 Gilmore Avenue — 10 amenities found within 500 m, across 4 categories, including 4 dining (nearest 324 m), 1 healthcare (nearest 232 m), 2 shopping (nearest 387 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 | Top 17% | Top 33% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 255 Gilmore Avenue, River East, Winnipeg
Key Characteristics & Appeal
This 1959-built home in River East presents a compelling mix of modest living space and an exceptionally large lot. At just over 1,000 square feet, the house itself is smaller than most on its street and in the neighborhood, suggesting a cozy, efficient layout. Its true standout feature is the land: at 8,631 square feet, the lot size ranks in the top 5% on Gilmore Avenue and the top 9% city-wide. This offers rare potential for expansion, gardening, or outdoor living in a mature area.
The home’s assessed value of $366k is above average for the street but sits around the middle range for the wider neighborhood and city, indicating a stable, established value proposition. It last sold between $400k-$450k in late 2021. The appeal lies in this land-to-house ratio—it’s a property where the value is significantly tied to the generous, private outdoor space rather than expansive interior square footage. It would suit a buyer looking for a solid starter or downsizer home in a mature community who prioritizes yard space over a large floor plan, or a long-term buyer who sees the potential to eventually enlarge or redevelop the existing structure.
Frequently Asked Questions
1. Is the house in need of major updates?
Given its 1959 build date—older than most on the street—prospective buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, and anticipate a layout that may feel dated compared to newer homes.
2. What are the property taxes?
Property taxes would be calculated based on the City of Winnipeg’s mill rate and the $366,000 assessed value. You can obtain an exact estimate from the city’s tax calculator.
3. How does the lot size compare to nearby properties?
The lot is significantly larger than the average on Gilmore Avenue (approx. 5,930 sq ft) and in Winnipeg overall (approx. 6,570 sq ft). Direct neighbors likely have standard-sized lots, making this property notably more private.
4. Why is the assessed value higher than the street average if the house is smaller and older?
The assessed value reflects the entire property, not just the house. The premium is almost certainly due to the "elite," oversized lot, which adds substantial value.
5. Can I get the exact historical sale price?
The public data shows a sale in late 2021 for between $400,000 and $450,000. For the exact, verified sale price and full transaction history, you must request a manual lookup from the site provider, as MLS data is not displayed here.
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