Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Stradbrook Avenue): Below Average. Ranked #210 out of 222 (Bottom 5%). The street average for comparable homes is 866 sqft.
Neighborhood Level (River-Osborne): Below Average. Ranked #454 out of 502 (Bottom 10%). The neighborhood average for comparable homes is 847 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #26,460 out of 26,841 (Bottom 1%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Stradbrook Avenue): Below Average. Ranked #177 out of 222 (Bottom 20%). The street average for comparable homes is 217.1k.
Neighborhood Level (River-Osborne): Below Average. Ranked #420 out of 502 (Bottom 16%). The neighborhood average for comparable homes is 232.2k.
Citywide Level (Winnipeg): Below Average. Ranked #25,629 out of 26,841 (Bottom 5%). The citywide average for comparable homes is 276.9k.
Street Level (Stradbrook Avenue): Below Average. Ranked #155 out of 222 (Bottom 30%). The street average for comparable homes is 1979.
Neighborhood Level (River-Osborne): Below Average. Ranked #264 out of 502 (Bottom 47%). The neighborhood average for comparable homes is 1981.
Citywide Level (Winnipeg): Below Average. Ranked #24,591 out of 26,841 (Bottom 8%). The citywide average for comparable homes is 1990.
River-Osborne market pulse
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.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
4-316 Stradbrook Avenue — 49 amenities found within 500 m, across 8 categories, including 31 dining (nearest 120 m), 3 healthcare (nearest 413 m), 2 shopping (nearest 221 m).
Crime & safety
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Related homes
Nearby interested homes
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Is this home right for you?
Property Overview
This unit at 4-316 Stradbrook Avenue is a compact, no-frills property in Winnipeg's River-Osborne area. Its key characteristic is its exceptionally low financial barrier to entry, with an assessed value of just $13,100. The 516 sqft living space is modest, ranking it among the smallest units locally. Built in 1962, it is a middle-aged building for the street. The data indicates no basement, pool, or garage.
The appeal lies almost entirely in its affordability and location. It sits in a top-tier spot within its immediate street and the wider River-Osborne neighbourhood, suggesting the area itself is more desirable than the unit. This presents a rare opportunity to secure a foothold in a well-ranked area at a minimal cost. It would suit a very specific buyer: an investor looking for an inexpensive rental property, a first-time buyer seeking the absolute lowest entry point into the market, or someone who values location over space and intends to use it as a bare-bones city base. A less obvious perspective is its potential as a "placeholder" asset—a way to enter the market and build equity with very little capital, allowing the owner to later leverage it for a more permanent home.
Frequently Asked Questions
1. What does the "Top 1%" neighbourhood rank actually mean?
This statistic means this specific property's assessed value ranks in the top 1% within its neighbourhood—not for being high-value, but for being low. It signifies it is among the most affordable properties in a desirable area.
2. Is this a standalone house or part of a multi-unit building?
The listing format (e.g., "4-316") and the list of nearby properties with the same address (units 1 through 6) confirm this is one unit within a small multi-unit building or condominium complex.
3. Why is the assessed value so much lower than the nearby "For Reference" properties?
The referenced properties are mostly large, single-family homes. This unit is a much smaller, likely older suite within a multi-plex, explaining the significant difference in valuation for land, building size, and type.
4. What are the monthly condo or strata fees, and what do they cover?
This critical information is not provided in the data. Any interested buyer must investigate this directly, as fees could significantly impact the total cost of ownership for a low-value unit.
5. How does a sale price from 2021 relate to today's value?
The property sold for $12,900 in late 2021. While it shows a stable, low value, it does not reflect current market conditions. The current assessed value ($13,100) is a municipal valuation for tax purposes and is not a market price. A new appraisal or market assessment would be needed to determine its present value.