37.7
Below average
Property score
37.7
Below average
Overall 37.7
Smaller than most nearby homes
330 sqft (bottom 1%)
Built in 1961 (20 yrs older than avg)
Located in a average-income area
with median household income of ~46.8k
Transit 100.0
2-min walk to transit with 5 nearby routes
Within 500m: 34 dining spots, 3 healthcare facilitys, 5 shops, and 8 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
61% smaller than neighborhood avg.
Year Built
Near average
20 yrs older than neighborhood avg.
Mother tongue
English · 66%French · 3%
Past 10 years River-Osborne sales snapshot (~80% of all data)
319
222.5k
$255/sqft
1981
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
Free · No credit card required
37.7 is composed by the two sections below.
Property Score
Community Score
River-Osborne
How to read: Share of sales in each ~$50k price band for “river-osborne” (Condos, 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: #46110404
$47K
Median household income
$59K
Average household income
25%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
65%
Single-person households
4%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
1-111 Scott Street — 62 amenities found within 500 m, across 8 categories, including 34 dining (nearest 82 m), 3 healthcare (nearest 246 m), 5 shopping (nearest 216 m).
River-Osborne · WPS public data · 2026
Annual incidents
61
2026
vs. city avg
+107%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
59%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 47% | Bottom 9% | Bottom 3% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 28% | Bottom 5% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1-111 Scott Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, no-frills property in Winnipeg's River-Osborne neighbourhood, defined by its exceptionally small size and below-average assessed value. At 330 square feet, its living area is significantly smaller than most homes on its street, in the neighbourhood, and across the city. Built in 1961, it is notably newer than most other homes on Scott Street. The appeal lies in its position as one of the most affordable entry points into a central, desirable area. It last sold in 2024 within the $100k-$150k range, a price point that is very competitive for the location.
This property would suit a specific type of buyer: a minimalist, a first-time investor looking for a low-cost rental unit, or someone seeking an ultra-affordable foothold in a vibrant neighbourhood without the need for space. Its value is almost entirely in its location, not its physical attributes. A less obvious perspective is that its "below average" size and value metrics could represent a strategic opportunity for land value or future redevelopment in a steadily maturing area, making it a potential long-term hold for a patient buyer.
Section 2: Frequently Asked Questions
1. How liveable is a 330 sqft space?
This is a very compact living area, comparable to a large studio or hotel suite. It would require a minimalist lifestyle and efficient use of space, with little to no room for guests or accumulated belongings.
2. Why is the assessed value so much lower than the neighbourhood average?
The assessed value of approximately $89k reflects the property's very small size and likely basic condition. In River-Osborne, where average values are over $225k, this price is directly tied to the limited square footage and utilitarian nature of the unit.
3. What does it mean that it's "newer" than other homes on the street?
Built in 1961, this property is newer than the street's average (1958). This suggests it may have been an infill or replacement build and could potentially have slightly more modern underlying systems than its immediate neighbours, though the difference is not substantial.
4. Who are the typical buyers for a property like this?
The primary buyers are often investors seeking a low-cost rental property or very budget-conscious individuals prioritizing location over space. It is generally not suited for families or those who work from home and need dedicated office space.
5. How reliable are the sold price ranges shown?
The provided sold price ranges are based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site administrators, as detailed on the page.
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.
