52.0
Fair
Property score
52.0
Fair
Overall 52.0
Smaller and older than most nearby homes
721 sqft (bottom 1%)
Built in 1957 (19 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 64.0
5-min walk to transit with 2 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
48% smaller than neighborhood avg.
Year Built
Below average
19 yrs older than neighborhood avg.
Mother tongue
English · 79%French · 1%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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52.0 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: #46110767
$93K
Median household income
$99K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
28%
Single-person households
20%
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
270 Glenway Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 310 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 | Bottom 26% | Bottom 47% | Top 45% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 22% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 270 Glenway Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 270 Glenway Avenue presents a distinct profile centered on its generous 6,103 sqft lot in Winnipeg's River East neighborhood. Built in 1957, the house itself is notably compact at 721 sqft, placing it well below average in size for both the street and the broader area. The assessed value of $311k is also below the local average, reflecting the home's smaller footprint and older construction date.
The primary appeal lies in the land itself—a lot size that ranks above average city-wide and is a standout on its own street. This creates a clear value proposition: significant outdoor space and potential at a price point below typical area listings. It suits practical, value-oriented buyers such as first-time homeowners comfortable with a cozy living space, downsizers seeking a manageable home with room for gardens or hobbies, or investors looking for a property with future redevelopment potential (subject to zoning). It’s a property where the value is more in what you could do with the land over time, rather than in its current interior accommodations.
Section 2: Frequently Asked Questions
1. Why is the assessed value below average if the lot is so large?
Assessment considers the entire property. While the lot is an asset, the older, smaller-than-average home size (721 sqft vs. a neighborhood average of nearly 1,400 sqft) significantly influences the overall valuation.
2. What does the sold price history indicate?
The home sold in May 2024 for an estimated $350k-$400k, and previously in May 2019 for $250k-$300k. This suggests solid appreciation, with the most recent sale price aligning more closely with the land value proposition in today's market.
3. Who would this property not suit?
It may not suit buyers who prioritize modern, move-in-ready interiors or require multiple bedrooms and larger living spaces without planning a major renovation or expansion.
4. Is the smaller house a drawback or an opportunity?
It depends on perspective. For some, it's a limitation. For others, it represents lower utility costs, less maintenance, and a simpler layout. The key is whether the floorplan works for your needs as-is, or if you view it as a candidate for future renovation.
5. How accurate is the sold price data shown?
The provided price ranges are based on publicly available data. For fully verified, exact sale figures and a complete transaction history, you must request a manual lookup from the site, as they do not display proprietary MLS records.
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