Property score
64.5
Fair
Overall 64.5 · Older than most nearby homes
1,420 sqft (top 36%) · Built in 1939 (37 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 1 healthcare facility, and 3 shops nearby
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Below average
37 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
64.5 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
257 Fortier Avenue — 13 amenities found within 500 m, across 5 categories, including 4 dining (nearest 267 m), 1 education (nearest 466 m), 1 healthcare (nearest 298 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 25% | Bottom 12% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 257 Fortier Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition in Winnipeg's River East neighborhood. Its key characteristic is a notable imbalance between its assessed value and its physical attributes. With an assessed value of $295k, it sits significantly below area averages (ranking in the bottom 20-30% locally), yet it offers an above-average living area (1,420 sq. ft.) and a generously sized lot (6,531 sq. ft.) for its immediate street. The home was built in 1939, making it a historic outlier on a street where most homes are from the 1970s.
The primary appeal lies in this value-for-space ratio. A buyer acquires more house and land for the dollar here compared to neighboring properties. This suits practical buyers looking for room to grow or customize without the premium price tag of a newer build. It’s ideal for those comfortable with an older home that may require updates, or for investors seeking a property with solid fundamentals (large lot, good square footage) at a lower entry point. The data suggests a "diamond-in-the-rough" potential for the right buyer who values substance over modernity and sees opportunity in the gap between the home's assessed value and its physical footprint.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The most direct factors are the home's older age (1939) compared to the neighborhood norm (1970s), and likely its interior condition or outdated systems. Assessed value reflects the municipality's estimate for taxation, not market price, but it often signals a home that hasn't been recently renovated.
2. Does the older year built mean major problems?
Not necessarily, but it requires due diligence. A 1939 home will have different maintenance considerations than a 1970s build, such as the potential for knob-and-tube wiring, older plumbing, or less insulation. A thorough inspection is essential to understand the true condition and any needed investments.
3. How reliable is the sold price data shown?
The site notes its sold price data is from public online sources, not the MLS, and is presented in a range. For fully verified, exact historical sale figures, you must request them directly from the site via email, as MLS rules prevent their publication here.
4. What are the advantages of such a large lot?
The lot size is a standout feature, offering ample outdoor space for gardens, play, or expansion. For a home of this age, it also provides flexibility for future additions, a garage, or simply more privacy than newer lots typically allow.
5. The home ranks well for space but poorly for value. Is that a red flag?
This contrast is the property's defining trait, not inherently a flag. It indicates you are paying less for more physical structure and land. The "risk" is potentially higher update costs, while the "reward" is acquiring assets (square footage, lot size) that are expensive to add to a newer, higher-assessed home.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
