Property score
71.7
Good
Overall 71.7 · Compared with neighbourhood average
1,121 sqft (bottom 33%) · Built in 1976
Located in a high-income area with median household income of ~104k
Transit 64.0 · 7-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 81%French · 2%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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71.7 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: #46110770
$104K
Median household income
$100K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
19%
Single-person households
26%
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
407 Emerson Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 307 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 | Top 39% | Top 45% | Top 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 407 Emerson Avenue, Winnipeg
Key Characteristics & Appeal
This home at 407 Emerson Avenue in River East presents a solid, middle-of-the-road offering in Winnipeg’s market. Built in 1976, its 1,121 sqft living area and $372k assessed value are consistently "around average" when compared to the street, neighborhood, and city. This positions it as a straightforward, no-surprises property in a mature community.
Its primary appeal lies in the lot. At 6,769 sqft, the land area is notably above the citywide average, offering more outdoor space than many comparable homes. This creates immediate value for those prioritizing yard size over interior square footage. The home’s metrics suggest it hasn’t been extensively renovated or expanded, representing a classic canvas rather than a modernized turn-key property.
This listing would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who see potential in the generous lot and are comfortable with a home that may require updates. It’s for someone less interested in standing out statistically and more focused on the fundamentals of location and land.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
Based on assessed value, it ranks slightly above the middle of the pack on Emerson Avenue. Its lot size is a standout feature on the street, while the living area and year built are typical. Value will depend on how much you prioritize outdoor space.
2. What does "around average" for the year built really mean?
The home was built in 1976, which is very typical for its area. This generally means building materials and layouts common to that era. Buyers should budget for potential updates to major systems like roofing, windows, or heating that may be nearing the end of their service life.
3. How reliable is the sold price data shown?
The site states its sold price data is from public internet sources, not the MLS, and is presented as a range. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as MLS records are not displayed.
4. The living area seems smaller than averages shown. Is that a concern?
At 1,121 sqft, the home is moderately sized. It’s below the neighborhood average of 1,399 sqft but close to the city average. This typically indicates a efficient, possibly bungalow-style layout. The trade-off is the larger lot, which may compensate for cozier interior spaces.
5. Who would this property NOT be well-suited for?
It may not suit buyers seeking a move-in-ready, modernized home with open-concept layouts, or those who prioritize maximizing interior square footage over outdoor land. It’s also less likely to appeal to investors looking for a standout bargain, as its metrics are consistently median.
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