421 Bonner Avenue

River East, Winnipeg

Property score

78.6

Good

Overall 78.6 · Larger and newer than most nearby homes

1,525 sqft (top 30%) · Built in 1985 (9 yrs newer than avg)

Located in a high-income area with median household income of ~114k

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 3 parks nearby

Living Area

Above average

9% larger than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 83%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

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

78.6 is composed by the two sections below.

Property Score

74.7Good
Living Area1,525 sqft79Good
Year Built198573Good
Lot Size5,773 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

84.4Excellent
Household Income90Excellent
Education Level63Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110771

Community deep dive

$114K

Median household income

$127K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

13%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)465
Labour force participation rate55%
Median age46.4
Avg household size2.6
Unemployment rate0%
Population density3100 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households13%
Couple families with children33%
Median household income (2020)$114K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority5%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
1,525 sqft
0255075100
Same streetTop 42%Same areaTop 30%CitywideTop 29%
Same street · Bonner Avenue
#80 / 190
Top 42% · Avg 1,552 sqft
Same area · River East
#856 / 2,836
Top 30% · Avg 1,399 sqft
Citywide · Winnipeg
#56,425 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
462k
0255075100
Same streetTop 29%Same areaTop 20%CitywideTop 26%
Same street · Bonner Avenue
#56 / 190
Top 29% · Avg 437.7k
Same area · River East
#561 / 2,836
Top 20% · Avg 401.1k
Citywide · Winnipeg
#51,121 / 194,458
Top 26% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 23%Same areaTop 7%CitywideTop 29%

Lot Size

around average
5,773 sqft
0255075100
Same streetBottom 22%Same areaBottom 35%CitywideTop 37%

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

421 Bonner Avenue — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 247 m).

Search radius
🌳Parks3

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 1/2016CA$300k–350k
Sold price

Same street

Bottom 13%

Same area

Bottom 42%

City-wide

Top 48%

Related homes

Highlights & common questions: 421 Bonner Avenue, Winnipeg

Property Overview: 421 Bonner Avenue, River East, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,525 sqft home, built in 1985, presents a solid, above-average offering in Winnipeg's River East neighborhood. Its primary appeal lies in its modern construction relative to the area, coupled with a living space that comfortably exceeds both neighborhood and city averages. The assessed value of $462k is consistently above average across all comparison levels, suggesting a property that is well-positioned within its market.

The home’s strength is its balance: it’s newer than most comparable homes in River East (ranking in the top 7% for year built in the neighborhood) and offers more interior space than the typical Winnipeg home. This combination is ideal for buyers seeking a move-in-ready property that requires less immediate concern for major age-related updates. It would suit practical buyers—growing families or professionals—who value efficient, modern space over a sprawling lot, as the land size is more modest compared to others on Bonner Avenue itself. The data indicates a property that has likely been maintained as a viable long-term home rather than a fixer-upper, appealing to those looking for stability and a sound investment in a well-established community.

Section 2: Frequently Asked Questions

1. How does the lot size impact this property?
While the land area is smaller than the average lot on Bonner Avenue, it is consistent with neighborhood and city norms. This typically means lower maintenance requirements and potentially lower property taxes, but offers less space for extensive landscaping, additions, or large outdoor recreation areas.

2. What does the assessed value tell me about the asking price?
The assessed value ($462k) is a municipal valuation for tax purposes and is not the market price. However, its consistent ranking above local averages indicates the city views this as a higher-value home in its peer group, which often correlates with stronger market pricing.

3. The home sold in early 2016. How relevant is that price today?
The previous sale price (listed between $300k-$350k) is nearly a decade old and serves as a historical point of reference only. It highlights the property’s appreciation over time but should not be used to gauge current market value, which is influenced by recent conditions and upgrades.

4. How does the "newer" build year (1985) benefit me?
A 1985 construction means major systems (like electrical, plumbing, and insulation) are likely more modern and efficient than those in homes built decades earlier. This can translate to lower immediate repair costs, better energy efficiency, and compliance with more recent building codes.

5. Where can I get verified sale history for this home?
The provided sold data is from public records. For a complete, verified transaction history and exact sale prices, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.

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.