508-374 River Avenue

Built 2008Living Area 1,187 sqft
Sale History
SOLDin Mar 2022
380K±5,000↗6yr +5.6%
Tax Assessment
398k(prev. 352k)
+46k(+13.1%)
DateSold PriceNeighbourhood
2022-03Sold380K±5,0002/50
2016-08Sold360K±5,0006/46
2010-03Sold320K±5,0004/53

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
↑
Above average1,187 sqft · top 7% in area · built 2008 · 27 yrs newer than avg
$
High-income areaMedian household income ~$47K · top tier income demographics
→
2-min walk to transit5 nearby routes · score 100/100
Score

Property score

Overall score
67● Fair
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
70.8
Good
Living area
60
Year built
90
Sales activity
97
Community Score
61.3
Fair
Income
50
Education
91
Housing
42
Core need
63
Employment
76
Rankings

How it stacks up

Each metric compared against 246 homes on River Avenue, 502 in River-Osborne, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
1,187 sqft
● ABOVE AVERAGE
StreetTop 7%AreaTop 7%CityTop 27%
Same street
Top 7%
#17 / 246
Same area
Top 7%
#35 / 502
Citywide
Winnipeg
Top 27%
#7,312 / 26,841
Tax-Assessed Value
398 k
● ABOVE AVERAGE
StreetTop 4%AreaTop 4%CityTop 15%
Same street
Top 4%
#10 / 246
Same area
Top 4%
#22 / 502
Citywide
Winnipeg
Top 15%
#4,100 / 26,841
Year Built
2008
● NEAR AVERAGE
StreetTop 20%AreaTop 27%CityTop 32%
Same street
Top 20%
#50 / 246
Same area
Top 27%
#136 / 502
Citywide
Winnipeg
Top 32%
#8,688 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
508-374 River Avenue: Living Area Analysis

Street Level (River Avenue): Above Average. Ranked #17 out of 246 (Top 7%). The street average for comparable homes is 883 sqft.

Neighborhood Level (River-Osborne): Above Average. Ranked #35 out of 502 (Top 7%). The neighborhood average for comparable homes is 847 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #7,312 out of 26,841 (Top 27%). The citywide average for comparable homes is 1,042 sqft.

508-374 River Avenue: Tax-Assessed Value Analysis

Street Level (River Avenue): Above Average. Ranked #10 out of 246 (Top 4%). The street average for comparable homes is 241.2k.

Neighborhood Level (River-Osborne): Above Average. Ranked #22 out of 502 (Top 4%). The neighborhood average for comparable homes is 232.2k.

Citywide Level (Winnipeg): Above Average. Ranked #4,100 out of 26,841 (Top 15%). The citywide average for comparable homes is 276.9k.

508-374 River Avenue: Year Built Analysis

Street Level (River Avenue): Above Average. Ranked #50 out of 246 (Top 20%). The street average for comparable homes is 1977.

Neighborhood Level (River-Osborne): Around Average. Ranked #136 out of 502 (Top 27%). The neighborhood average for comparable homes is 1981.

Citywide Level (Winnipeg): Around Average. Ranked #8,688 out of 26,841 (Top 32%). The citywide average for comparable homes is 1990.

Market

River-Osborne market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
319
last 14 years
Median price
222.5k
14-year area median
Price per sqft
$255/sqft
area average
Avg build year
1981
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

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.

Unlock exact sold price & PDF analysis
  • Exact sold prices
  • Detailed market analysis
  • PDF report download
  • Neighbourhood insights
  • Recent sold count in the area
Free · No credit card required
Weekly report
Winnipeg Real Estate Market Report — Jun 1–7, 2026
A tale of two timelines this week: nearly two-thirds of homes closed within 10 days at a steep over-asking premium, while everything that lingered past two weeks sold at a discount. The market is rewarding speed almost without exception.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016…
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
Community deep dive

Who lives in this neighbourhood

Dissemination area #46110404 · Statistics Canada 2021 Census · Population 1042
1,042
Population (2021)
32.0
Median age
1.5
Avg household size
11,577 / km²
Population density
Distribution by household income band
0-5k
2%
10k-15k
2%
15k-20k
5%
20k-25k
8%
25k-30k
9%
30k-35k
8%
35k-40k
7%
40k-45k
6%
45k-50k
6%
50k-60k
11%
60k-70k
8%
70k-80k
5%
80k-90k
7%
90k-100k
4%
100k-125k
6%
125k-150k
4%
150k-200k
2%
200k plus
2%
$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
76%
Labour participation
13%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

508-374 River Avenue — 61 amenities found within 500 m, across 8 categories, including 34 dining (nearest 123 m), 2 healthcare (nearest 216 m), 5 shopping (nearest 229 m).

Search radius
🍽️Dining34
🏥Healthcare2
🛒Shopping5
🌳Parks8
💪Sports5
⛽Fuel Stations2
⛪Worship2
🏛️Government3

Crime & safety

River-Osborne · WPS public data
Full crime data →
Annual incidents
61
2026
vs. city average
+107%
▲ relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
59% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 508-374 River Avenue. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Overall 67.0

Larger and newer than most nearby homes

1,187 sqft (top 7%)

Built in 2008 (27 yrs newer 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, 2 healthcare facilitys, 5 shops, and 8 parks nearby