Property score
50.9
Fair
Overall 50.9 · Smaller and older than most nearby homes
1,037 sqft (bottom 27%) · Built in 1907 (31 yrs older than avg)
Located in a above-average income area with median household income of ~65k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 17 dining spots, 4 schools, 3 healthcare facilitys, and 2 shops nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
31 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Riverview sales snapshot (~80% of all data)
470
405k
$308/sqft
1938
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50.9 is composed by the two sections below.
Property Score
Community Score
Riverview
How to read: Share of sales in each ~$50k price band for “riverview” (Detached houses (non-condo), 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: #46110453
$65K
Median household income
$72K
Average household income
13%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
41%
Single-person households
18%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
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
249 Morley Avenue — 39 amenities found within 500 m, across 8 categories, including 17 dining (nearest 104 m), 4 education (nearest 92 m), 3 healthcare (nearest 322 m).
Riverview · WPS public data · 2026
Annual incidents
7
2026
vs. city avg
-76%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Property
57%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 23% | Bottom 32% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This one-and-three-quarter storey home on Morley Avenue in Riverview presents a classic Winnipeg character property with solid fundamentals. Its key appeal lies in its established neighbourhood setting and the opportunity it represents. Built in 1907, the home sits on a notably generous 2,502 sqft lot, which ranks in the top 5% for size across Winnipeg. This offers valuable outdoor space and future potential in a city where larger lots are increasingly rare. The living area is a practical 1,037 sqft, and the property includes a detached garage and a basement (not renovated).
The home suits two primary types of buyers: first, the practical investor or hands-on homeowner who sees value in the lot size and the structure's good bones, and is prepared to update the interior over time. Second, it appeals to those seeking an entry point into a mature, tree-lined neighbourhood like Riverview, who prioritize location and land over a move-in-ready finish. The assessed value has remained stable, and the home’s rankings indicate it sits on a better-than-average lot for the area, which is a less obvious but significant asset. It’s a property where the value is grounded more in its location and land than in its current finishes.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for homes of this era. It typically means the second floor has full-height ceilings in the center of the house, with sloped ceilings or shorter walls under the eaves in the peripheral rooms, creating a cozy, character-filled upper level.
2. The basement is noted as "not renovated." What should I expect?
You should anticipate a functional but unfinished space. It likely has the home's core mechanical systems (furnace, water heater) and provides storage or laundry space, but it will not have developed living areas or finished walls. Budgeting for potential updates or moisture management is prudent.
3. How significant is the lot size?
Very. At 2,502 sqft, the lot is substantially larger than many in the city and is this property's standout feature. It provides ample yard space for gardening, play, or entertaining, and for the right buyer, it represents long-term potential that is difficult to find in established neighbourhoods.
4. The home was built in 1907. Are there major concerns?
As with any home over a century old, a thorough inspection is essential. Key focus areas will be the foundation, roof, wiring, and plumbing to understand what has been updated and what may need attention. The stable assessed and recent sale value, however, suggest the structure is sound.
5. How does the assessed value compare to the likely asking or sale price?
The municipal assessed value ($28,900k) is for taxation purposes and is typically lower than market value. The home last sold in 2021 for $30,500k. In today's market, the sale price would be determined by current conditions, the home's unique lot size, and its condition relative to comparable sales.
