Property score
63.5
Fair
Overall 63.5 · Compared with neighbourhood average
1,152 sqft (bottom 36%) · Built in 1978 (2 yrs newer than avg)
Located in a high-income area with median household income of ~95k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 1 school, 4 shops, and 1 park nearby
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Near average
2 yrs newer 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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63.5 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: #46110746
$95K
Median household income
$106K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
28%
Single-person households
21%
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
26 Kayhans Drive — 11 amenities found within 500 m, across 4 categories, including 5 dining (nearest 197 m), 1 education (nearest 357 m), 4 shopping (nearest 72 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%
26 Kayhans Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1978 two-storey home in Winnipeg's River East neighbourhood presents a practical and value-conscious opportunity. Its primary appeal lies in a combination of established community setting and specific comparative strengths. The property sits on a larger-than-average lot (3,295 sq ft), ranking in the top 6% of the neighbourhood for land area, which offers valuable outdoor space and potential. While the living area is a modest 1,152 sq ft, it is notably spacious for its immediate street, ranking in the top 14%. A key feature is the renovated basement, adding functional living space.
The home’s assessed value positions it favorably against many city-wide and local comparables, suggesting a solid foundation of value. It would suit first-time buyers seeking an entry into a stable neighbourhood with room to grow, or practical-minded investors looking for a property with a strong land-to-value ratio and a renovated element. Its appeal is less about high-end finishes and more about foundational equity, space, and the quiet stability of a mature area.
Frequently Asked Questions
1. How does the lot size compare to nearby homes?
The 3,295 sq ft lot is a standout feature, larger than approximately 94% of lots in the broader River East neighbourhood. This provides more private outdoor space than is typical for the area.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification on the finish quality, permitted uses (e.g., legal suite, recreation room), and the year of renovation.
3. The home was built in 1978. What should I consider?
As a home from the late 1970s, a buyer should prioritize inspections for era-specific components like the roof, original windows, plumbing, and electrical systems, which may be nearing or due for updates despite the basement renovation.
4. There is no garage. How does parking work?
The property has no garage. Parking would be limited to driveway and/or street parking. Checking local bylaws for on-street parking restrictions is advisable.
5. The assessed value seems low relative to some comparables. Why?
Municipal assessed value for taxation purposes often differs from market value. Its assessment being in the top 23% city-wide indicates it is not undervalued by the city’s metrics. Market value is determined by current sale prices, condition, and specific buyer demand.
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