Property score
59.4
Fair
Overall 59.4 · Smaller and older than most nearby homes
1,045 sqft (bottom 21%) · Built in 1960 (16 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 1 healthcare facility, 2 shops, and 3 parks nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Below average
16 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
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59.4 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
263 Gilmore Avenue — 10 amenities found within 500 m, across 4 categories, including 4 dining (nearest 343 m), 1 healthcare (nearest 265 m), 2 shopping (nearest 398 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 46% | Bottom 36% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 263 Gilmore Avenue, Winnipeg
Key Characteristics & Appeal
This 1960-built home in River East presents a distinct value proposition centered on its generous 8,558 sqft lot, which is significantly larger than most comparable properties on its street, in the neighborhood, and across Winnipeg. The living space (1,045 sqft) and assessed value ($323k) are generally in line with or slightly below area averages, suggesting the home itself may be modest or in need of updates. This creates a clear opportunity: the appeal lies in the land itself. It’s a property where the value is weighted more toward outdoor space and future potential than in immediate move-in finish or square footage.
It would best suit a practical buyer who sees potential beyond the current structure. This could be a family desiring a large backyard, a homeowner planning a future expansion or rebuild, or an investor recognizing the underlying land value. It’s less suited for someone seeking a turn-key home with modern amenities and maximum interior space relative to the price.
Frequently Asked Questions
1. Is the house outdated given its 1960 build year?
Very likely. The data shows it is older than 89% of homes on its street and 94% in River East, so buyers should budget for updates to systems, windows, and interior finishes common to its era.
2. Why is the assessed value below neighborhood averages?
The below-average assessment for River East is likely a combination of the older home age and the modest living area. Assessed values primarily reflect the current state and size of the property, not its future potential.
3. What are the advantages of such a large lot?
Beyond a spacious yard, the lot size offers flexibility. It provides room for additions, landscaping projects, recreational space, or future development, subject to city zoning bylaws. This is a long-term asset that smaller lots in the area cannot offer.
4. How reliable is the sold price data shown?
The provided sold price range is based on public data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as noted in the data disclaimer.
5. How does this property compare to its direct neighbors?
The comparable listings suggest homes on Gilmore Avenue vary widely in size, age, and value. This property stands out for its lot size but fits the street’s mix of older, moderately sized homes, indicating a stable, established street without extreme outliers.
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