261 Stuart Avenue

River East, Winnipeg

Property score

55.6

Fair

Overall 55.6 · Smaller and older than most nearby homes

1,031 sqft (bottom 19%) · Built in 1967 (9 yrs older than avg)

Located in a average-income area with median household income of ~59.2k

Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 3 dining spots, 1 healthcare facility, 2 shops, and 3 parks nearby

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 76%French · 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

55.6 is composed by the two sections below.

Property Score

54.3Fair
Living Area1,031 sqft52Fair
Year Built196752Fair
Lot Size5,619 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

57.6Fair
Household Income62Fair
Education Level44Low
Housing Stress63Fair
Core Housing Need63Fair
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: #46110742

Community deep dive

$59K

Median household income

$72K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

46%

Single-person households

13%

Families with children

Population, labour & age

Population (2021)559
Labour force participation rate56%
Median age51.2
Avg household size1.8
Unemployment rate10%
Population density3493 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households46%
Couple families with children13%
Median household income (2020)$59K

Housing

Renter households50%
Condominium dwellings0%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority13%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 75%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

below average
1,031 sqft
0255075100
Same streetBottom 29%Same areaBottom 19%CitywideBottom 29%
Same street · Stuart Avenue
#48 / 68
Bottom 29% · Avg 1,163 sqft
Same area · River East
#2,296 / 2,836
Bottom 19% · Avg 1,399 sqft
Citywide · Winnipeg
#137,801 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
372k
0255075100
Same streetTop 35%Same areaBottom 41%CitywideTop 46%
Same street · Stuart Avenue
#24 / 68
Top 35% · Avg 356.1k
Same area · River East
#1,685 / 2,836
Bottom 41% · Avg 401.1k
Citywide · Winnipeg
#90,068 / 194,458
Top 46% · Avg 390.1k

Year Built

around average
1967
0255075100
Same streetBottom 43%Same areaBottom 10%CitywideBottom 49%

Lot Size

around average
5,619 sqft
0255075100
Same streetBottom 35%Same areaBottom 30%CitywideTop 40%

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

261 Stuart Avenue — 9 amenities found within 500 m, across 4 categories, including 3 dining (nearest 418 m), 1 healthcare (nearest 301 m), 2 shopping (nearest 473 m).

Search radius
🍽️Dining3
🏥Healthcare1
🛒Shopping2
🌳Parks3

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 6/2017CA$300k–350k
Sold price

Same street

Top 48%

Same area

Bottom 30%

City-wide

Bottom 44%

Related homes

Highlights & common questions: 261 Stuart Avenue, Winnipeg

Property Overview: 261 Stuart Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 261 Stuart Avenue in River East is a classic Winnipeg property that represents a solid, middle-of-the-road opportunity. Built in 1967, its 1,031 sqft living area is modest, ranking below average for both the street and the wider neighborhood. However, its assessed value of $372k is consistently around the average mark at every comparison level—street, neighborhood, and city-wide. This suggests the property is priced appropriately for what it offers, without the premium often attached to larger or fully renovated homes.

The appeal here is grounded in value and potential. The lot size of 5,619 sqft is fairly typical, offering decent outdoor space. For buyers, this home suits those with a realistic budget who are comfortable with a property that may require updates. It’s a practical choice for first-time homeowners looking to enter a stable neighborhood like River East, or for investors seeking a rental property with a reliable assessment value. A less obvious perspective is that its "below average" size could mean lower utility costs and less maintenance, appealing to downsizers or those seeking a simpler footprint without leaving the community.

Section 2: Frequently Asked Questions

1. Is the living area considered small?
Yes. At 1,031 sqft, the home's living space is below the average for Stuart Avenue, the River East neighborhood, and Winnipeg overall.

2. How does its assessed value compare to nearby homes?
Its $372,000 assessment is very typical. It ranks close to the middle of the pack on its own street and is around the average for both River East and the entire city.

3. When was it last sold and for how much?
It sold in June 2017. The exact price is not publicly displayed, but it fell within the $300,000 to $350,000 range at that time.

4. What is the property’s most standout feature from the data?
Its consistency. While the living area is modest, the assessed value, year built, and lot size all hover very close to local averages, indicating a property that is unexceptional but fundamentally aligned with its surroundings.

5. How can I find out the exact historical sale prices?
The site does not display exact figures publicly due to data source rules. You can request the full transaction history and exact sold prices by emailing them directly; they provide this information manually at no cost.

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