260 Strood Avenue

River East, Winnipeg

Property score

75.0

Good

Overall 75.0 · Larger than most nearby homes

1,669 sqft (top 23%) · Built in 1975 (1 yr older than avg)

Located in a high-income area with median household income of ~95k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 4 shops, and 4 parks nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Below average

1 yrs older than neighborhood avg.

Mother tongue

English · 76%Punjabi · 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

75.0 is composed by the two sections below.

Property Score

75.8Good
Living Area1,669 sqft83Excellent
Year Built197558Fair
Lot Size6,998 sqft85Excellent
Neighbourhood Sales Activity32Low

Community Score

73.7Good
Household Income83Excellent
Education Level54Fair
Housing Stress74Good
Core Housing Need88Excellent
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: #46110746

Community deep dive

$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

Population, labour & age

Population (2021)656
Labour force participation rate53%
Median age52.4
Avg household size2.3
Unemployment rate3%
Population density2050 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households28%
Couple families with children21%
Median household income (2020)$95K

Housing

Renter households21%
Condominium dwellings25%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority7%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Punjabi · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,669 sqft
0255075100
Same streetTop 20%Same areaTop 23%CitywideTop 22%
Same street · Strood Avenue
#11 / 55
Top 20% · Avg 1,372 sqft
Same area · River East
#656 / 2,836
Top 23% · Avg 1,399 sqft
Citywide · Winnipeg
#43,134 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

around average
412k
0255075100
Same streetTop 38%Same areaTop 38%CitywideTop 35%
Same street · Strood Avenue
#21 / 55
Top 38% · Avg 404.9k
Same area · River East
#1,090 / 2,836
Top 38% · Avg 401.1k
Citywide · Winnipeg
#69,027 / 194,458
Top 35% · Avg 390.1k

Year Built

around average
1975
0255075100
Same streetTop 42%Same areaBottom 38%CitywideTop 40%

Lot Size

above average
6,998 sqft
0255075100
Same streetBottom 31%Same areaTop 31%CitywideTop 17%

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

260 Strood Avenue — 13 amenities found within 500 m, across 4 categories, including 4 dining (nearest 321 m), 1 education (nearest 215 m), 4 shopping (nearest 258 m).

Search radius
🍽️Dining4
🏫Education1
🛒Shopping4
🌳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 12/2021CA$400k–450k
Sold price

Same street

Bottom 46%

Same area

Top 24%

City-wide

Top 24%

Related homes

Highlights & common questions: 260 Strood Avenue, Winnipeg

Property Overview: 260 Strood Avenue, River East, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated River East home presents a solid, move-in-ready opportunity built in 1975. Its primary appeal lies in its above-average living space of 1,669 sq ft, which ranks in the top quarter of homes locally and citywide, offering more room than many comparable properties. The lot size, while slightly smaller than others on Strood Avenue, is still above the Winnipeg average, providing decent outdoor space.

The home’s assessed value of $412,000 is consistently around the average for the street, neighborhood, and city, indicating a fair and stable market position without premium pricing. This creates a value proposition for buyers seeking space without a top-tier price tag. It would suit practical buyers—growing families, or those looking to upsize from a starter home—who prioritize interior square footage over an exceptionally large yard. A thoughtful perspective is that its "average" valuations across key metrics suggest predictability and lower risk of overpaying, making it a sensible, grounded choice in a mature neighborhood.

Section 2: Frequently Asked Questions

1. How does the living area compare to nearby homes?
At 1,669 sq ft, the living space is notably above average. It ranks in the top 20-23% when compared to similar homes on the street, in River East, and across Winnipeg.

2. Is the assessed value in line with the area?
Yes. The $412,000 assessment is consistently around the average for comparable homes on Strood Avenue, in the River East neighborhood, and citywide, indicating it is priced consistently with its market.

3. What is the history of sold prices for this property?
Public records indicate it last sold between $400,000 and $450,000 in December 2021. For fully verified and exact historical sale figures, you can request a manual lookup via email.

4. How does the lot size compare?
The 6,998 sq ft lot is slightly below the average for Strood Avenue but is above the average lot size for both the River East neighborhood and the city of Winnipeg as a whole.

5. What is the typical home age in this area?
Built in 1975, this home is slightly newer than the average year built for its street (1967) and is very close to the averages for the wider neighborhood and city.

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