89 Algonquin Avenue

River East, Winnipeg

Property score

75.3

Good

Overall 75.3 · Compared with neighbourhood average

1,344 sqft (top 42%) · Built in 1975 (1 yr older than avg)

Located in a high-income area with median household income of ~130k

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

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Below average

1 yrs older than neighborhood avg.

Mother tongue

English · 79%Chinese · 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

75.3 is composed by the two sections below.

Property Score

66.9Good
Living Area1,344 sqft71Good
Year Built197558Fair
Lot Size5,944 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

88.0Excellent
Household Income92Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110738

Community deep dive

$130K

Median household income

$138K

Average household income

1%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

14%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)456
Labour force participation rate66%
Median age46.8
Avg household size2.7
Unemployment rate5%
Population density2533 / km²

Households & income

Low income (LIM-AT, % pop.)1%
Single-person households14%
Couple families with children35%
Median household income (2020)$130K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority7%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Chinese · 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
1,344 sqft
0255075100
Same streetBottom 3%Same areaTop 42%CitywideTop 39%
Same street · Algonquin Avenue
#36 / 37
Bottom 3% · Avg 2,179 sqft
Same area · River East
#1,188 / 2,836
Top 42% · Avg 1,399 sqft
Citywide · Winnipeg
#75,482 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
443k
0255075100
Same streetBottom 11%Same areaTop 26%CitywideTop 30%
Same street · Algonquin Avenue
#33 / 37
Bottom 11% · Avg 529.4k
Same area · River East
#729 / 2,836
Top 26% · Avg 401.1k
Citywide · Winnipeg
#57,519 / 194,458
Top 30% · Avg 390.1k

Year Built

above average
1975
0255075100
Same streetTop 30%Same areaBottom 38%CitywideTop 40%

Lot Size

around average
5,944 sqft
0255075100
Same streetBottom 1%Same areaBottom 41%CitywideTop 34%

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

89 Algonquin Avenue — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 223 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 9/2022CA$450k–500k
Sold price

Same street

Bottom 30%

Same area

Top 18%

City-wide

Top 21%
Sold 5/2016CA$350k–400k
Sold price

Same street

Bottom 10%

Same area

Top 49%

City-wide

Top 42%

Related homes

Highlights & common questions: 89 Algonquin Avenue, Winnipeg

Property Summary: 89 Algonquin Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1975-built home on Algonquin Avenue in River East presents a specific value proposition. With 1,344 sqft of living space, it sits around the Winnipeg average, but its context is key. On a street of notably larger homes (average 2,179 sqft), this property is more modest in scale and on a smaller lot. This results in an assessed value ($443k) that is below the street average but above the averages for both the neighborhood and the city.

Its primary appeal lies in offering above-average value for the River East area at a price point that undercuts its immediate street. It suits first-time buyers or downsizers seeking an entry into a well-established neighborhood without the premium for a larger family-sized home. The 1975 build date is newer than many city homes, suggesting potentially fewer immediate major updates than an older property. A thoughtful perspective is that the smaller lot and home size could mean lower maintenance costs and utility bills, an advantage for budget-conscious owners. However, buyers should be aware they are purchasing one of the more compact properties on the block.

Section 2: Frequently Asked Questions

1. Is this a good value for the area?
The data suggests it is. The home’s assessed value ranks above average for both River East and Winnipeg overall, but is below the average for Algonquin Avenue itself. This indicates you may be getting a neighborhood-typical price for a property that is physically smaller than its immediate neighbors.

2. Why is the assessed value below the street average?
The two main factors are the living area, which is significantly smaller than the street average, and the land area, which is the smallest lot among the 37 comparable properties on Algonquin Avenue.

3. What are the sold price histories shown?
The home sold in 2016 for an estimated $350k-$400k and again in 2022 for an estimated $450k-$500k. The site notes these are approximate ranges based on public data, not official MLS records, and exact prices can be requested.

4. How does the year built compare?
Built in 1975, it is actually newer than the average Winnipeg home (1966) and typical for its street and neighborhood. This can be positive, potentially indicating construction methods and materials that are more modern than much of the city's housing stock.

5. Who should consider this property?
It’s well-suited for buyers prioritizing location in River East over sheer size. It represents a practical, lower-maintenance option within the neighborhood. It may not suit those looking for a large yard or who want a home that is above average in size for its immediate street.

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