274 Stuart Avenue

River East, Winnipeg

Property score

55.6

Fair

Overall 55.6 · Smaller and older than most nearby homes

1,020 sqft (bottom 18%) · Built in 1955 (21 yrs older than avg)

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

Transit 82.0 · 6-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

21 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

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Property score

55.6 is composed by the two sections below.

Property Score

54.3Fair
Living Area52
1,020 sqftFair
Year Built36
1955Low
Lot Size95
9,778 sqftExcellent
Neighbourhood Sales Activity32
Low

Community Score

57.6Fair
Household Income62
Fair
Education Level44
Low
Housing Stress63
Fair
Core Housing Need63
Fair
Employment Health52
Fair

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

below average
1,020 sqft
0255075100
Same streetBottom 16%Same areaBottom 18%CitywideBottom 28%
Same street · Stuart Avenue
#57 / 68
Bottom 16% · Avg 1,163 sqft
Same area · River East
#2,329 / 2,836
Bottom 18% · Avg 1,399 sqft
Citywide · Winnipeg
#139,661 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

below average
277k
0255075100
Same streetBottom 4%Same areaBottom 7%CitywideBottom 23%
Same street · Stuart Avenue
#65 / 68
Bottom 4% · Avg 356.1k
Same area · River East
#2,625 / 2,836
Bottom 7% · Avg 401.1k
Citywide · Winnipeg
#148,924 / 194,458
Bottom 23% · Avg 390.1k

Year Built

around average
1955
0255075100
Same streetBottom 18%Same areaBottom 3%CitywideBottom 34%

Lot Size

above average
9,778 sqft
0255075100
Same streetTop 15%Same areaTop 12%CitywideTop 7%

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

274 Stuart Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 470 m), 1 education (nearest 474 m), 1 healthcare (nearest 396 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks4
Worship1

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 4/2021CA$250k–300k
Sold price

Same street

Bottom 12%

Same area

Bottom 12%

City-wide

Bottom 27%
Sold 12/2017CA$200k–250k
Sold price

Same street

Bottom 1%

Same area

Bottom 2%

City-wide

Bottom 14%

Related homes

Highlights & common questions: 274 Stuart Avenue, Winnipeg

Property Overview: 274 Stuart Avenue, Winnipeg

Key Characteristics & Buyer Appeal

This home at 274 Stuart Avenue in River East presents a distinct value proposition centered on its generous lot. The key characteristic is the 9,778 sqft property, which is significantly larger than average for the street, neighborhood, and city. This offers substantial outdoor space and potential. The trade-off is a living area (1,020 sqft) that is modest compared to local averages, housed in a structure built in 1955, which is older than most in the immediate area.

Its primary appeal lies in its value positioning and land. With a current assessed value notably below the area averages, it represents a more accessible entry point into the neighborhood. The large lot is a standout feature for buyers prioritizing outdoor space, gardening, expansion potential, or simply a greater sense of privacy. This property would best suit practical, value-conscious buyers—such as first-time homeowners, downsizers, or investors—who are comfortable with a home that may require updates and who see greater worth in land size than in interior square footage. It’s a home that offers immediate utility and long-term potential through its land, rather than immediate modern finishes or spacious rooms.

Frequently Asked Questions

1. Is the lower assessed value a sign of problems?
Not necessarily. The assessment reflects the home’s age, smaller living area, and market position. It primarily indicates this is a value-oriented listing compared to newer or larger homes on the same street, not a default sign of structural issues.

2. What can I do with such a large lot?
Beyond traditional gardening, the lot size offers flexibility for adding a substantial garage or workshop, creating recreational space, or potentially subdividing in the future, subject to city zoning approval. It provides a rarity in many urban areas: room to grow.

3. How much work might a 1955 home need?
While systems like roofing, plumbing, and electrical may have been updated over time, a home of this age warrants a thorough inspection. Budgeting for ongoing maintenance and potential updates to windows, insulation, or mechanical systems is prudent.

4. How does the sold history help determine a fair price?
The home sold in 2017 and 2021, each time in a different price band. This history shows it has been a consistent value property. Understanding the exact sold prices (available by request) and what renovations occurred between those sales is key to gauging current market value.

5. Are the nearby reference properties good comparisons?
The listed references vary. Some are similar in size and value, while others are newer or larger. This highlights that this home competes on lot size and price point rather than on modern features or interior space, which is important to consider when comparing.