264 Strood Avenue

River East, Winnipeg

Property score

75.7

Good

Overall 75.7 · Larger than most nearby homes

1,654 sqft (top 24%) · Built in 1976

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: 3 dining spots, 1 school, 4 shops, and 4 parks nearby

Living Area

Above average

18% larger than neighborhood avg.

Year Built

Near average

0 yrs newer 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

75.7 is composed by the two sections below.

Property Score

77.0Good
Living Area1,654 sqft83Excellent
Year Built197667Good
Lot Size6,498 sqft81Excellent
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
1,654 sqft
0255075100
Same streetTop 22%Same areaTop 24%CitywideTop 23%
Same street · Strood Avenue
#12 / 55
Top 22% · Avg 1,372 sqft
Same area · River East
#678 / 2,836
Top 24% · Avg 1,399 sqft
Citywide · Winnipeg
#44,424 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
401k
0255075100
Same streetBottom 47%Same areaTop 44%CitywideTop 38%
Same street · Strood Avenue
#29 / 55
Bottom 47% · Avg 404.9k
Same area · River East
#1,258 / 2,836
Top 44% · Avg 401.1k
Citywide · Winnipeg
#73,989 / 194,458
Top 38% · Avg 390.1k

Year Built

above average
1976
0255075100
Same streetTop 18%Same areaTop 48%CitywideTop 39%

Lot Size

above average
6,498 sqft
0255075100
Same streetBottom 22%Same areaTop 38%CitywideTop 22%

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

264 Strood Avenue — 12 amenities found within 500 m, across 4 categories, including 3 dining (nearest 336 m), 1 education (nearest 204 m), 4 shopping (nearest 278 m).

Search radius
🍽️Dining3
🏫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 5/2024CA$350k–400k
Sold price

Same street

Bottom 31%

Same area

Top 38%

City-wide

Top 34%
Sold 3/2017CA$300k–350k
Sold price

Same street

Bottom 8%

Same area

Bottom 29%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 264 Strood Avenue, Winnipeg

Property Overview: 264 Strood Avenue, Winnipeg

Key Characteristics & Appeal

This well-situated home in River East presents a practical and comfortable living space. Its primary appeal lies in offering above-average interior space within a solid, established neighborhood. With 1,654 sqft of living area, the home ranks in the top quarter for size compared to similar properties on its street, in River East, and across Winnipeg. Built in 1976, it is also notably newer than many homes on Strood Avenue. The assessed value is consistently around the average for its immediate area, suggesting it is priced in line with market expectations.

The property suits buyers looking for a move-in-ready home in a mature community without the premium often attached to newer developments. It’s a strong candidate for someone who prioritizes interior square footage over a large yard, as the lot size is more compact than others on the same street but still above the citywide average. The recent sale history indicates stable value, making it a straightforward option for established families or long-term owners seeking a dependable neighborhood footprint.


Frequently Asked Questions

How does the lot size compare to neighboring properties?
The land area is 6,498 sqft, which is below the average for Strood Avenue but remains above the average lot size for the entire city of Winnipeg. This means you get a very efficient use of space with a larger-than-average home on a manageable yard.

Is the assessed value a good indicator of the likely selling price?
The assessed value of approximately $401k is firmly around the average for the street, neighborhood, and city. Recent sold prices on the street (from 2017 and 2024) show a range, but the assessment suggests the home is valued consistently with its peers, providing a reliable benchmark.

What does the "Year Built" ranking mean for this home?
Built in 1976, this home is newer than over 80% of comparable homes on Strood Avenue. This can be an advantage, potentially meaning updates to major systems (like electrical or plumbing) may have already been addressed, compared to much older homes in the area.

How accurate is the sold price data shown?
The sold price ranges provided are based on publicly available data, not the MLS. For fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email from the site.

Who would this property not suit as well?
Buyers seeking a very large private yard or extensive outdoor space may find the lot size limiting compared to other properties on the street. It may also not suit those looking for a brand-new build or a project home, as it represents a settled, mid-century property.

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