433 Mcivor Avenue

River East, Winnipeg

Property score

80.4

Excellent

Overall 80.4 · Newer than most nearby homes

1,493 sqft (top 32%) · Built in 1984 (8 yrs newer than avg)

Located in a high-income area with median household income of ~143k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 5 parks nearby

Living Area

Near average

7% larger than neighborhood avg.

Year Built

Above average

8 yrs newer than neighborhood avg.

Mother tongue

English · 75%French · 1%

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

80.4 is composed by the two sections below.

Property Score

73.4Good
Living Area75
1,493 sqftGood
Year Built73
1984Good
Lot Size81
6,060 sqftExcellent
Neighbourhood Sales Activity32
Low

Community Score

90.8Excellent
Household Income93
Excellent
Education Level91
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110739

Community deep dive

$143K

Median household income

$208K

Average household income

2%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

7%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)709
Labour force participation rate59%
Median age48.4
Avg household size2.8
Unemployment rate0%
Population density1477 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households7%
Couple families with children35%
Median household income (2020)$143K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$492K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority4%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 75%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

around average
1,493 sqft
0255075100
Same streetTop 38%Same areaTop 32%CitywideTop 31%
Same street · Mcivor Avenue
#76 / 198
Top 38% · Avg 1,510 sqft
Same area · River East
#914 / 2,836
Top 32% · Avg 1,399 sqft
Citywide · Winnipeg
#60,106 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

above average
452k
0255075100
Same streetTop 31%Same areaTop 23%CitywideTop 28%
Same street · Mcivor Avenue
#62 / 198
Top 31% · Avg 427.2k
Same area · River East
#642 / 2,836
Top 23% · Avg 401.1k
Citywide · Winnipeg
#54,496 / 194,458
Top 28% · Avg 390.1k

Year Built

above average
1984
0255075100
Same streetTop 25%Same areaTop 9%CitywideTop 30%

Lot Size

above average
6,060 sqft
0255075100
Same streetBottom 13%Same areaBottom 46%CitywideTop 29%

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

433 Mcivor Avenue — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 213 m).

Search radius
🌳Parks5

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 8/2022CA$450k–500k
Sold price

Same street

Top 19%

Same area

Top 17%

City-wide

Top 20%

Related homes

Highlights & common questions: 433 Mcivor Avenue, Winnipeg

Property Overview: 433 Mcivor Avenue, Winnipeg

Key Characteristics & Appeal

This 1,493 sqft home, built in 1984, presents a solid, move-in-ready opportunity in Winnipeg's River East neighborhood. Its primary appeal lies in its balanced and above-average positioning across key metrics. The home is newer than most in the area, its assessed value sits comfortably above neighborhood and city averages, and the living space is consistently average-to-above when compared locally and city-wide. This suggests a well-maintained property in a stable setting.

A notable characteristic is the lot size. At 6,060 sqft, it is smaller than others on Mcivor Avenue but remains above the city average. This translates to less yard maintenance—a practical advantage for many—while still providing usable outdoor space. The home last sold in August 2022 for an estimated $450k-$500k, a price point that performed well against the market at the time.

This property would suit buyers seeking a pragmatic choice: those who want a home that requires no immediate major updates, offers modern conveniences by virtue of its age, and provides the stability of a neighborhood where its value stands strong. It’s an ideal fit for young families, professionals, or downsizers looking for a low-drama home in a well-established community.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the expected listing price?
While the assessed value of $452k is a strong data point and sits above area averages, market conditions ultimately determine the sale price. It serves as a useful benchmark, but a current market evaluation is essential.

2. The lot is smaller than others on the street. Is this a significant drawback?
This depends on your priorities. It means less private space than some neighbors but also significantly reduces landscaping upkeep. For buyers valuing low-maintenance living without sacrificing a yard entirely, this can be a thoughtful advantage.

3. How does the 1984 build year affect the home?
Being newer than most homes in River East and on its street is generally positive, suggesting potentially newer major systems (like plumbing or electrical) and less immediate need for big-ticket renovations compared to older stock.

4. What does the sold price data from 2022 tell me?
It shows the home was competitively priced within the top 20% of the market at that time, indicating a history of holding its value well. However, it does not predict future sale price.

5. Where can I get verified, exact sold price figures for this home?
The public data shows a range. For fully verified and exact historical sale prices, you must request a manual lookup from the site provider via email, as MLS data is not displayed here due to industry rules.