69.2
Good
Property score
69.2
Good
Overall 69.2
Newer than most nearby homes
1,293 sqft (top 47%)
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
8% 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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69.2 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
27 Chernichan Drive — 13 amenities found within 500 m, across 5 categories, including 4 dining (nearest 220 m), 1 education (nearest 447 m), 1 healthcare (nearest 285 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 50% | Top 13% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 27 Chernichan Drive, Winnipeg
Key Characteristics & Appeal
This home presents a balanced offering in Winnipeg’s River East neighborhood. Built in 1995, it is notably newer than most homes in the area, placing it in the top 2% locally for its year of construction. This suggests potentially fewer immediate concerns with aging components compared to the neighborhood average. The lot size is a significant standout, ranking in the top 6% on its own street and top 7% city-wide at over 9,600 sqft, offering ample outdoor space that is increasingly rare.
The living area of 1,293 sqft is consistently around the average for the street, neighborhood, and city, indicating a comfortable, mid-sized layout. The assessed value of $466k sits above area and city averages, reflecting the premium for the newer build and larger lot. The home last sold in 2021 for an estimated $450k-$500k.
Its appeal lies in this combination of a relatively modern build on a generous, private lot within an established community. It would suit buyers looking for a move-in-ready home with room to garden, play, or expand outdoors, without taking on a major renovation project. It’s a practical choice for those who value space and newer construction over a maximized interior square footage.
Frequently Asked Questions
How does the assessed value relate to the likely selling price?
The assessed value ($466k) is for municipal tax purposes and is typically a trailing indicator. While it provides a benchmark, the actual market price is determined by current conditions, buyer demand, and the home’s specific presentation. Its above-average assessment suggests solid underlying value.
What are the implications of the lot size being so far above average?
The large lot (9,621 sqft) offers immediate benefits like privacy, recreation space, and gardening potential. Long-term, it may also provide future opportunity for additions or landscaping projects that aren’t feasible on standard lots, which can be a wise investment in land value.
The home is newer than most in River East. What does that mean for me?
A 1995 build likely means more modern wiring, plumbing, and insulation standards than homes from the 1960s-70s that dominate the area. This can translate to better energy efficiency and lower near-term maintenance costs, though a full inspection is still essential.
The living area is described as "around average." Is that a drawback?
Not necessarily. It indicates the home’s size is typical and functional for the area, which can be an advantage for resale. The value proposition here is shifted toward the land and the newer construction, rather than an exceptionally large interior.
Where can I get verified sale price data for this home?
The site provides estimated sold price ranges. For fully verified figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.
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