271 Douglas Avenue

River East, Winnipeg

Property score

59.3

Fair

Overall 59.3 · Older than most nearby homes

1,152 sqft (bottom 36%) · Built in 1960 (16 yrs older than avg)

Located in a average-income area with median household income of ~59.2k

Transit 82.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Below average

16 yrs older than neighborhood avg.

Mother tongue

English · 76%French · 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

59.3 is composed by the two sections below.

Property Score

60.5Fair
Living Area1,152 sqft60Fair
Year Built196043Low
Lot Size9,161 sqft95Excellent
Neighbourhood Sales Activity32Low

Community Score

57.6Fair
Household Income62Fair
Education Level44Low
Housing Stress63Fair
Core Housing Need63Fair
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: #46110742

Community deep dive

$59K

Median household income

$72K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

46%

Single-person households

13%

Families with children

Population, labour & age

Population (2021)559
Labour force participation rate56%
Median age51.2
Avg household size1.8
Unemployment rate10%
Population density3493 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households46%
Couple families with children13%
Median household income (2020)$59K

Housing

Renter households50%
Condominium dwellings0%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority13%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 75%
Mother tongue (2nd)French · 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
1,152 sqft
0255075100
Same streetTop 28%Same areaBottom 36%CitywideBottom 45%
Same street · Douglas Avenue
#11 / 40
Top 28% · Avg 988 sqft
Same area · River East
#1,820 / 2,836
Bottom 36% · Avg 1,399 sqft
Citywide · Winnipeg
#106,322 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
313k
0255075100
Same streetBottom 32%Same areaBottom 12%CitywideBottom 33%
Same street · Douglas Avenue
#27 / 40
Bottom 32% · Avg 323.8k
Same area · River East
#2,495 / 2,836
Bottom 12% · Avg 401.1k
Citywide · Winnipeg
#129,931 / 194,458
Bottom 33% · Avg 390.1k

Year Built

around average
1960
0255075100
Same streetBottom 37%Same areaBottom 6%CitywideBottom 42%

Lot Size

above average
9,161 sqft
0255075100
Same streetTop 18%Same areaTop 14%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

271 Douglas Avenue — 10 amenities found within 500 m, across 5 categories, including 3 dining (nearest 388 m), 1 education (nearest 424 m), 1 healthcare (nearest 375 m).

Search radius
🍽️Dining3
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳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 5/2017CA$250k–300k
Sold price

Same street

Bottom 31%

Same area

Bottom 12%

City-wide

Bottom 27%

Related homes

Highlights & common questions: 271 Douglas Avenue, Winnipeg

Property Overview: 271 Douglas Avenue, Winnipeg

Key Characteristics & Appeal

This 1,152 sqft bungalow, built in 1960, presents a compelling value proposition in Winnipeg's River East neighborhood. Its primary appeal lies in a significant and above-average land area of over 9,160 sqft, offering substantial outdoor space that is rare city-wide. The home itself is modestly sized but larger than most on its street, positioning it as a comfortable, efficient living space.

The property’s assessed value of $313k is notably below the River East neighborhood average, suggesting a potential value entry point into the area. This combination—a larger, valuable lot with a functional home at a below-neighborhood price—creates distinct opportunities. It would suit first-time buyers seeking space to grow, value-oriented investors, or owners looking for a property where the land itself represents a major asset for future enjoyment or expansion. The data indicates you are paying less for the location than typical for the area, with the trade-off being an older home that may require updates.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is a historical benchmark. The last known sale was between $250k-$300k in 2017. Market conditions, property condition, and demand will determine the final sale price, which could be above or below the current assessment.

2. How does the larger lot size benefit a buyer?
Beyond simple outdoor space, a lot size in the top 8% city-wide offers long-term flexibility. It provides ample room for gardening, recreation, or adding structures like a large shed or garage. It also potentially enhances future redevelopment or expansion options, adding a layer of value separate from the house itself.

3. The home is older than many in River East. What should I consider?
Built in 1960, the home is older than 94% of comparable properties in the neighborhood. This typically means budgeting for maintenance and potential updates to major systems like plumbing, electrical, or the roof. A thorough inspection is essential to understand the home's condition and any imminent costs.

4. How does this property compare to others on the same street?
It ranks very well for lot size and living area on Douglas Avenue. However, its assessed value is around the street average. This suggests you may get more physical property (both land and house) for a price in line with smaller properties on the same block.

5. Where can I get verified sale price history for this home?
The provided sale data is from public sources, not the MLS. For a complete and verified transaction history, you must request a manual lookup from the site via email, as stated in the data notes.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.