55.0
Fair
Property score
55.0
Fair
Overall 55.0
Smaller and older than most nearby homes
1,031 sqft (bottom 19%)
Built in 1968 (8 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: 1 dining spot, 1 healthcare facility, 5 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 76%French · 2%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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
Free · No credit card required
55.0 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: #46110742
$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
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
281 Stuart Avenue — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 489 m), 1 healthcare (nearest 408 m), 5 parks (nearest 215 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 28% | Bottom 20% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 281 Stuart Avenue, Winnipeg
Key Characteristics & Appeal
This 1,031 sqft bungalow, built in 1968 on a 5,447 sqft lot, presents a straightforward, mid-century home in Winnipeg's River East neighborhood. Its primary appeal lies in its position as a competitively priced entry point into a stable area. The assessed value of $330k sits comfortably below the neighborhood average, suggesting potential value relative to the broader market. While the living space is modest compared to many area homes, this translates to lower maintenance and utility costs. The lot size is near the city average, offering decent outdoor space.
The property suits first-time buyers or practical downsizers seeking an affordable, no-frills home in a well-established community. It’s a pragmatic choice for those who prioritize location and lot potential over immediate square footage, as the home offers a canvas for future updates. A thoughtful perspective is that its "below average" size and value rankings within River East might actually be an advantage, providing a more accessible footprint and tax assessment in a desirable neighborhood, rather than competing with its larger, newer counterparts.
Frequently Asked Questions
1. Is the home’s smaller living area a concern?
At 1,031 sqft, the home is cozier than many in River East. This is ideal for efficient living but means storage and layout should be carefully considered. It reflects in its below-average rankings for living area within both the neighborhood and city.
2. How does the assessed value compare to recent sales?
The last recorded sale was between $250k-$300k in early 2016. The current $330k assessment is near the average for its street but below the River East average, indicating it may be valued conservatively within its immediate area.
3. What does the year built (1968) imply?
The home is of a typical age for its street and the city overall. Buyers should anticipate maintenance or updates consistent with a home from this era, such as original windows, plumbing, or electrical systems.
4. How does the lot size compare?
At 5,447 sqft, the lot is smaller than most on Stuart Avenue but close to the Winnipeg average. It provides adequate private outdoor space without the extensive upkeep of a larger yard.
5. Where can I get verified, exact sold price data for this home?
The site provides sold price ranges based on public data. For fully verified figures and a complete transaction history, you must request a manual lookup via email, as MLS data is not displayed due to industry rules.
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.
