267 Strood Avenue

River East, Winnipeg

Property score

80.9

Excellent

Overall 80.9 · Larger than most nearby homes

2,017 sqft (top 11%) · Built in 1977 (1 yr newer 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: 1 dining spot, 1 school, 3 shops, and 4 parks nearby

Living Area

Above average

44% larger than neighborhood avg.

Year Built

Near average

1 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

80.9 is composed by the two sections below.

Property Score

85.7Excellent
Living Area2,017 sqft94Excellent
Year Built197767Good
Lot Size9,387 sqft95Excellent
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
2,017 sqft
0255075100
Same streetTop 13%Same areaTop 11%CitywideTop 10%
Same street · Strood Avenue
#7 / 55
Top 13% · Avg 1,372 sqft
Same area · River East
#302 / 2,836
Top 11% · Avg 1,399 sqft
Citywide · Winnipeg
#20,316 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
483k
0255075100
Same streetTop 15%Same areaTop 15%CitywideTop 23%
Same street · Strood Avenue
#8 / 55
Top 15% · Avg 404.9k
Same area · River East
#422 / 2,836
Top 15% · Avg 401.1k
Citywide · Winnipeg
#43,978 / 194,458
Top 23% · Avg 390.1k

Year Built

above average
1977
0255075100
Same streetTop 16%Same areaTop 41%CitywideTop 37%

Lot Size

above average
9,387 sqft
0255075100
Same streetBottom 47%Same areaTop 13%CitywideTop 8%

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

267 Strood Avenue — 9 amenities found within 500 m, across 4 categories, including 1 dining (nearest 325 m), 1 education (nearest 247 m), 3 shopping (nearest 304 m).

Search radius
🍽️Dining1
🏫Education1
🛒Shopping3
🌳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 7/2019CA$400k–450k
Sold price

Same street

Bottom 38%

Same area

Top 35%

City-wide

Top 32%

Related homes

Highlights & common questions: 267 Strood Avenue, Winnipeg

Property Overview: 267 Strood Avenue, River East, Winnipeg

Section 1: Key Characteristics & Appeal

This 1977-built home on Strood Avenue presents a compelling opportunity in Winnipeg's River East neighborhood. Its primary appeal lies in offering above-average space and value within a well-established community. With 2,017 sqft of living area, the home is notably larger than most comparable properties on its street, in the neighborhood, and across the city. This generous interior space is matched by a substantial, private lot of 9,387 sqft, which ranks well above average for both the neighborhood and Winnipeg overall.

The home’s assessed value of $483k is consistently above the local and citywide averages, suggesting a perception of solid value and desirability. A thoughtful perspective is that while the home is newer than most on its specific street, its 1977 build date is quite typical for the wider area, indicating it fits seamlessly into a mature neighborhood with settled infrastructure and landscaping.

This property would ideally suit buyers looking for a spacious family home with a large yard, who value established communities over newer subdivisions. It appeals to those who prioritize more interior room and land over having the newest build, and who appreciate a home that stands above its peers in terms of size and assessed value within its immediate context.

Section 2: Frequently Asked Questions

1. How does the sold price from 2019 relate to the current assessed value?
The home sold for between $400k-$450k in July 2019. The current assessed value of $483k is higher, reflecting market changes and the city's valuation process over the intervening years. It's important to obtain exact sold figures and consult a real estate professional for a current market analysis.

2. Is the lot size a standout feature?
While the lot is around average for Strood Avenue itself, it is significantly larger than most lots in the broader River East neighborhood and citywide. This offers a valuable balance of community consistency with extra private outdoor space compared to the wider area.

3. What does the "above average" ranking for living area mean practically?
Ranking in the top 10-13% for living area across multiple comparisons means you are getting substantially more interior space than a typical Winnipeg home in this category. This is a key advantage for growing families or those who desire more room.

4. Are there any potential concerns with a 1977 build?
The build date is typical for the area. As with any home of this age, the condition of major systems (roof, windows, furnace) and any updates will be important factors. Its age is not unusual, but a thorough inspection is always recommended.

5. How can I verify the exact historical sold prices?
The website notes that due to industry rules, exact MLS sold records are not displayed publicly. You can request the exact sold price history directly from the site via email for a manual lookup, which they provide without using your email for marketing.

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