Property score
62.8
Fair
Overall 62.8 · Smaller and older than most nearby homes
1,052 sqft (bottom 21%) · Built in 1960 (16 yrs older than avg)
Located in a high-income area with median household income of ~93k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Below average
16 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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62.8 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
271 Emerson Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 287 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 8% | Bottom 13% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 271 Emerson Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This home presents a practical opportunity in Winnipeg's River East neighborhood. Its key characteristic is value: with an assessed value of $307k, it sits notably below the local averages for both its street ($383k) and neighborhood ($401k). The living space (1,052 sq ft) is modest and below area norms, but the lot size (6,102 sq ft) is above the citywide average, offering good outdoor potential. Built in 1960, it is older than most nearby homes, which may indicate a need for updates but also suggests a well-established streetscape.
The appeal lies in its position as a more affordable entry point into the area. It suits first-time buyers or practical investors seeking land space over square footage, who are comfortable with a home that likely requires some modernization. A less obvious perspective is that its "below-average" metrics on its own street could signal a quieter, less densely developed pocket, and its citywide land ranking suggests a lot size that is increasingly rare, offering future flexibility.
Frequently Asked Questions
1. Why is the assessed value lower than the neighborhood average?
The assessed value is influenced by several factors, including the home's smaller living area, older construction date (1960), and potentially the condition or features relative to updated homes in River East. It reflects the municipality's valuation for tax purposes, not necessarily the current market price.
2. How does the lot size compare to other properties?
The lot is 6,102 sq ft, which is above the citywide average. On Emerson Avenue and in River East, it is around the typical size. This means you get a standard local yard, but one that is more generous than many lots across Winnipeg.
3. What does the "Sold 1/2018 CA$250k–300k" price indicate?
This shows the home was last sold in January 2018 for an estimated price within that range. It provides historical context, but the current assessed value and market conditions will be different. For verified, exact historical sale figures, you must request them directly from the site.
4. The home is older than most on the street. What should I consider?
A 1960 build means major systems (like roof, plumbing, electrical, heating) may be near or past their typical lifespan. This warrants a thorough inspection but also represents a chance to customize updates. Its older age contributes to its lower assessment and potential purchase price.
5. Are the rankings for living area a concern?
The living area is below the street and neighborhood averages. This indicates a cozier, more efficient floor plan. It's ideal for smaller households or those prioritizing lower utility costs and maintenance. The trade-off is the larger-than-city-average lot, which expands your usable space outdoors.
