279 Le Peress Avenue

Riverbend, Winnipeg

69.0

Good

Overall 69.0

Older than most nearby homes

1,354 sqft (top 39%)

Built in 1974 (19 yrs older than avg)

Located in a high-income area

with median household income of ~93k

Transit 74.0

3-min walk to transit with 2 nearby routes

Within 500m: 4 dining spots, 2 schools, 1 healthcare facility, and 2 parks nearby

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Below average

19 yrs older than neighborhood avg.

Mother tongue

English · 74%Tagalog · 5%

Past 10 years Riverbend sales snapshot (~80% of all data)

Sold Count

523

Median price

460k

$/sqft

$325/sqft

Avg build year

1993

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Property score

69.0 is composed by the two sections below.

Property Score

64.6Fair
Living Area1,354 sqft71Good
Year Built197458Fair
Lot Size4,997 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

75.7Good
Household Income82Excellent
Education Level54Fair
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health68Good

Neighbourhood Sales

Riverbend

How to read: Share of sales in each ~$50k price band for “riverbend” (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: #46111234

Community deep dive

$93K

Median household income

$98K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

16%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)1,017
Labour force participation rate63%
Median age38.0
Avg household size2.8
Unemployment rate7%
Population density2365 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households16%
Couple families with children31%
Median household income (2020)$93K

Housing

Renter households11%
Condominium dwellings4%
Median dwelling value (owners)$336K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority29%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

above average
1,354 sqft
0255075100
Same streetTop 25%Same areaTop 39%CitywideTop 38%
Same street · Le Peress Avenue
#6 / 24
Top 25% · Avg 1,196 sqft
Same area · Riverbend
#664 / 1,712
Top 39% · Avg 1,288 sqft
Citywide · Winnipeg
#74,397 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
404k
0255075100
Same streetTop 17%Same areaBottom 47%CitywideTop 37%
Same street · Le Peress Avenue
#4 / 24
Top 17% · Avg 365.5k
Same area · Riverbend
#903 / 1,712
Bottom 47% · Avg 410.2k
Citywide · Winnipeg
#72,622 / 194,458
Top 37% · Avg 390.1k

Year Built

around average
1974
0255075100
Same streetBottom 46%Same areaBottom 4%CitywideTop 42%

Lot Size

around average
4,997 sqft
0255075100
Same streetBottom 25%Same areaTop 41%CitywideBottom 44%

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

279 Le Peress Avenue — 16 amenities found within 500 m, across 7 categories, including 4 dining (nearest 217 m), 2 education (nearest 357 m), 1 healthcare (nearest 295 m).

Search radius
🍽️Dining4
🏫Education2
🏥Healthcare1
🌳Parks2
💪Sports1
Fuel Stations4
Worship2

Crime & Safety

Riverbend · WPS public data · 2026

Annual incidents

15

2026

vs. city avg

-49%

relative to avg

Year-over-year

-91%

vs. prior year

Primary type

Property

47%

Sales History

Sold 1/2020CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 11%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 279 Le Peress Avenue, Winnipeg

Property Overview: 279 Le Peress Avenue, Winnipeg

Key Characteristics & Appeal

This 1,354 sqft home, built in 1974, presents a solid, middle-ground offering in Winnipeg's Riverbend neighborhood. Its primary appeal lies in its above-average footprint and assessed value relative to its immediate street, suggesting it stands out as one of the larger and more valuable homes on Le Peress Avenue. While its size and value are more average when viewed across the wider neighborhood or city, this creates an interesting dynamic: you get a home that likely offers more space than many direct neighbors, without an extreme premium. The lot is somewhat smaller than others on the street, which could mean less yard maintenance. Its 1974 build date is older than most in Riverbend, potentially indicating a more established streetscape.

This property would suit a practical buyer looking for a comfortable family home in a mature area, who values space and a solid assessment relative to the immediate block. It’s also a sensible choice for those not chasing the newest builds in the area, but who appreciate a home that holds its own in terms of size and value on its specific street.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
The home last sold between $250,000 and $300,000 in early 2020. Its current assessed value of $404,000 is above the street average, indicating official valuation growth since that sale. For verified, exact historical sale prices, you can request a manual lookup from the site.

2. Is the living space considered large for the area?
At 1,354 sqft, the living area is larger than the average home on Le Peress Avenue itself, ranking in the top 25%. Compared to the broader Riverbend neighborhood and Winnipeg overall, it is approximately average.

3. The lot size is noted as "below average" for the street. Is this a concern?
The lot is 4,997 sqft, which is smaller than the average lot on Le Peress Avenue. This could mean a more manageable yard with less upkeep. It is, however, close to the average lot size for the wider Riverbend neighborhood.

4. The home was built in 1974, which is older than many in Riverbend. What should I consider?
This means the home is from the first wave of development in this area. It’s wise to pay close attention to the condition of major systems (roof, windows, plumbing, electrical) that may be due for updates or replacement, as you would with any home of this age.

5. Where can I see how this property compares visually to its neighbors?
You can use the provided link to open a neighborhood map analysis. This tool allows you to see nearby houses and compare metrics like year built, living area, and lot size on a map.

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.