Property score
67.9
Good
Overall 67.9 · Older than most nearby homes
1,260 sqft (bottom 48%) · Built in 1959 (17 yrs older than avg)
Located in a high-income area with median household income of ~93k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
10% smaller than neighborhood avg.
Year Built
Below average
17 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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67.9 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
274 Glenway Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 313 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 15% | Bottom 31% | Bottom 45% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 274 Glenway Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition in Winnipeg's River East neighborhood. Its key characteristic is a noticeable discrepancy: the property has a significantly lower assessed value ($310k) than most comparable homes on its street and in the immediate area, where averages exceed $400k. The living space (1,260 sqft) and lot size (6,102 sqft) are generally average for the city, providing a comfortable footprint.
The appeal lies in this value positioning. It’s a 1959-built home, older than most in the vicinity, which likely contributes to its lower assessment and could represent an opportunity for buyers comfortable with a vintage home, possibly as a renovation project or a straightforward, affordable entry into the neighborhood. The lot size is above the Winnipeg average, offering good outdoor space relative to many city properties.
This home would suit value-conscious buyers, including first-time homeowners looking for a lower entry point in a stable area, or investors considering a hold-and-rent strategy based on the area's typical valuations. It’s less suited for those seeking a move-in-ready home comparable to newer builds on the street without any planned updates.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbors?
The primary reason is the home's age. Built in 1959, it is notably older than the average home on Glenway Avenue (1980) and in River East (1976). Assessment considers factors like construction era, condition, and updates, which can result in a lower valuation compared to newer or recently renovated nearby properties.
2. How reliable is the recent sold price data shown?
The displayed sold price range (CA$300k–350k for 10/2023) is based on publicly available data, not the MLS. The site advises that for fully verified and exact transaction figures, you must request a manual lookup via email, as MLS records are not displayed due to industry rules.
3. Is the lot size a major advantage?
While slightly smaller than the immediate street average, the lot is above the citywide average. It provides a decent-sized yard for Winnipeg but isn't an exceptionally large parcel for the River East area. It's a balanced, usable space.
4. What does "Top 99%" for assessed value on the street mean?
This ranking means the property's assessed value is higher than only 1% of comparable homes on Glenway Avenue (ranked #82 out of 83). In simpler terms, it has one of the lowest assessments on the street, which translates to a relatively lower property tax burden.
5. How does the living area compare for a family?
At 1,260 sqft, the living area is very close to the Winnipeg average. It's a practical size for a small to medium-sized family, typical of many post-war homes, but prospective buyers should verify the specific room layout and number of bedrooms to ensure it meets their needs.
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