276 Strood Avenue

River East, Winnipeg

Property score

68.7

Good

Overall 68.7 · Older than most nearby homes

1,201 sqft (bottom 42%) · Built in 1961 (15 yrs older than avg)

Located in a high-income area with median household income of ~95k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 3 shops, and 4 parks nearby

Living Area

Near average

14% smaller than neighborhood avg.

Year Built

Below average

15 yrs older than neighborhood avg.

Mother tongue

English · 76%Punjabi · 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

68.7 is composed by the two sections below.

Property Score

65.4Good
Living Area1,201 sqft66Good
Year Built196146Low
Lot Size16,494 sqft100Excellent
Neighbourhood Sales Activity32Low

Community Score

73.7Good
Household Income83Excellent
Education Level54Fair
Housing Stress74Good
Core Housing Need88Excellent
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: #46110746

Community deep dive

$95K

Median household income

$106K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

28%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)656
Labour force participation rate53%
Median age52.4
Avg household size2.3
Unemployment rate3%
Population density2050 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households28%
Couple families with children21%
Median household income (2020)$95K

Housing

Renter households21%
Condominium dwellings25%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority7%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Punjabi · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,201 sqft
0255075100
Same streetBottom 45%Same areaBottom 42%CitywideTop 50%
Same street · Strood Avenue
#30 / 55
Bottom 45% · Avg 1,372 sqft
Same area · River East
#1,641 / 2,836
Bottom 42% · Avg 1,399 sqft
Citywide · Winnipeg
#97,237 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

around average
389k
0255075100
Same streetBottom 36%Same areaBottom 49%CitywideTop 41%
Same street · Strood Avenue
#35 / 55
Bottom 36% · Avg 404.9k
Same area · River East
#1,435 / 2,836
Bottom 49% · Avg 401.1k
Citywide · Winnipeg
#80,204 / 194,458
Top 41% · Avg 390.1k

Year Built

around average
1961
0255075100
Same streetBottom 31%Same areaBottom 7%CitywideBottom 43%

Lot Size

Elite
16,494 sqft
0255075100
Same streetTop 2%Same areaTop 3%CitywideTop 2%

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

276 Strood Avenue — 12 amenities found within 500 m, across 5 categories, including 3 dining (nearest 392 m), 1 education (nearest 172 m), 3 shopping (nearest 344 m).

Search radius
🍽️Dining3
🏫Education1
🛒Shopping3
🌳Parks4
🏛️Government1

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 6/2016CA$300k–350k
Sold price

Same street

Bottom 15%

Same area

Bottom 34%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 276 Strood Avenue, Winnipeg

Property Overview: 276 Strood Avenue, Winnipeg

Key Characteristics & Appeal

This 1961-built home in River East presents a compelling case based on its standout lot size and overall market positioning. With 1,201 sqft of living space and an assessed value of $389k, the house itself is consistently "around average" when compared to similar homes on its street, in the neighborhood, and across Winnipeg. This suggests a property that is comfortably in line with local norms for size and official valuation.

The defining and exceptional feature is the land. At 16,494 sqft, the lot size is ranked in the top 2-3% across all comparison levels—street, neighborhood, and city. This "elite" ranking indicates a rare amount of private outdoor space for the area, offering significant potential for gardening, recreation, expansion, or simply enjoying a generous yard.

Its appeal lies in this unique combination: a solid, average-sized home on a far-above-average parcel of land. It suits buyers who prioritize outdoor space and future potential over a move-in-ready modern footprint. It would be ideal for those with renovation or expansion plans, families seeking room for children and pets to play, or savvy investors who recognize the inherent value in a large lot within a mature neighborhood. The 2016 sale price (in the $300k-$350k range) provides a useful benchmark for market movement over the past decade.

Frequently Asked Questions

1. Is the house outdated given its 1961 build year?
While newer than most on its specific street, it is older than the average home in the broader River East neighborhood. Buyers should anticipate the potential for updates common to homes of this era, balanced by the possibility of well-maintained original character.

2. What makes the lot size so significant?
The lot is nearly double the street average and over 2.5 times the citywide average for comparable homes. This isn't just a slightly bigger yard; it represents a substantial and uncommon amount of land for this property type in Winnipeg.

3. How does the assessed value compare to likely market value?
The assessed value ($389k) is very close to the citywide average for comparable homes ($390.1k), suggesting it's a fair bureaucratic valuation. Market value is determined by current buyer demand, but this indicates the home is not an outlier in the city's estimation.

4. The living area is average. Can the home be expanded?
The exceptional lot size provides a clear and rare opportunity for a potential addition, sunroom, or garage that would be difficult on a standard-sized lot, subject to local zoning and permit regulations.

5. Where can I get exact historical sale prices?
The website provides sold price ranges for context. Due to industry rules, exact MLS sale figures are not published here. You can request the full, verified transaction history directly via email through the provided link on the property page.

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.