Property score
65.1
Good
Overall 65.1 · Newer than most nearby homes
1,126 sqft (bottom 33%) · Built in 1995 (19 yrs newer 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
Below average
20% smaller than neighborhood avg.
Year Built
Above average
19 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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65.1 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
261 Fortier Avenue — 13 amenities found within 500 m, across 5 categories, including 4 dining (nearest 282 m), 1 education (nearest 458 m), 1 healthcare (nearest 316 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 31% | Top 41% | Top 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 44% | Bottom 36% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 261 Fortier Avenue in Winnipeg's River East neighborhood presents a solid, middle-of-the-market opportunity. Built in 1995, it is notably newer than most homes in the area, offering modern construction advantages amidst a streetscape of older properties. With 1,126 sqft of living space and a 5,610 sqft lot, its size is consistently average when compared to its immediate street and the wider city, providing a comfortable footprint without being oversized. Its current assessed value of $417k sits above the street average, indicating it is perceived as a higher-quality asset on its block.
The appeal here is one of practical, above-average condition in a well-established setting. It suits buyers looking for a move-in-ready home that won't require the updates typical of a 1970s build, which dominates the neighborhood. It’s an ideal fit for first-time buyers, small families, or downsizers who prioritize a newer build and manageable maintenance over a sprawling lot or maximum square footage. A thoughtful perspective is that while the lot size is slightly below the neighborhood average, the newer build year may translate to better energy efficiency and fewer near-term repair costs, offsetting the trade-off in outdoor space.
1. How does the assessed value relate to the likely selling price?
The assessed value of $417k is for municipal tax purposes and serves as a benchmark. Recent sold prices on the street and in the area suggest a market range, but the exact selling price will depend on current market conditions, the home's interior condition, and buyer demand.
2. The home is newer than most in River East. What are the pros and cons of this?
The primary advantage is potentially lower maintenance and more modern building standards, wiring, and insulation. A less obvious consideration is that the architectural style or floor plan might differ from the neighborhood's older character homes, which could be a pro or con depending on buyer taste.
3. Is the lot size a limitation?
At 5,610 sqft, the lot is very typical for the street but below the broader neighborhood average. This means outdoor space is adequate for a deck, garden, or play area, but may not accommodate extensive additions or outbuildings as easily as larger lots in River East.
4. What can the past sale history tell me?
The home sold in 2021 and 2017, with prices placing it in the top 30-40% of local sales at those times. This indicates a history of being a desirable, competitively priced property within its micro-market, but a professional should be consulted for precise historical data.
5. How does this home compare to the nearby properties listed?
Compared to the listed nearby references, this home has a newer build year than all of them. Its living area is smaller than some larger comparables but similar to others, and its assessed value is higher than most on the list, reinforcing its status as a newer, well-assessed property on the block.
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