270 Balfour Avenue

Riverview, Winnipeg

Property score

61.8

Fair

Overall 61.8 · Smaller and older than most nearby homes

936 sqft (bottom 19%) · Built in 1921 (17 yrs older than avg)

Located in a high-income area with median household income of ~108k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 10 dining spots, 1 school, 2 healthcare facilitys, and 5 parks nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Below average

17 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 4%

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

Sold Count

470

Median price

405k

$/sqft

$308/sqft

Avg build year

1938

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Property score

61.8 is composed by the two sections below.

Property Score

43.7Low
Living Area936 sqft42Low
Year Built192120Low
Lot Size6,398 sqft81Excellent
Neighbourhood Sales Activity48Low

Community Score

89.0Excellent
Household Income88Excellent
Education Level91Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

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: #46110458

Community deep dive

$108K

Median household income

$113K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

24%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)488
Labour force participation rate69%
Median age44.0
Avg household size2.4
Unemployment rate9%
Population density2568 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households24%
Couple families with children26%
Median household income (2020)$108K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority0%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 87%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

below average
936 sqft
0255075100
Same streetBottom 12%Same areaBottom 19%CitywideBottom 20%
Same street · Balfour Avenue
#88 / 100
Bottom 12% · Avg 1,361 sqft
Same area · Riverview
#1,203 / 1,480
Bottom 19% · Avg 1,306 sqft
Citywide · Winnipeg
#155,439 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

around average
361k
0255075100
Same streetBottom 33%Same areaBottom 39%CitywideTop 50%
Same street · Balfour Avenue
#67 / 100
Bottom 33% · Avg 404.2k
Same area · Riverview
#900 / 1,480
Bottom 39% · Avg 389.3k
Citywide · Winnipeg
#97,103 / 194,458
Top 50% · Avg 390.1k

Year Built

below average
1921
0255075100
Same streetBottom 22%Same areaBottom 27%CitywideBottom 13%

Lot Size

above average
6,398 sqft
0255075100
Same streetTop 35%Same areaTop 14%CitywideTop 24%

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

270 Balfour Avenue — 21 amenities found within 500 m, across 6 categories, including 10 dining (nearest 346 m), 1 education (nearest 380 m), 2 healthcare (nearest 382 m).

Search radius
🍽️Dining10
🏫Education1
🏥Healthcare2
🌳Parks5
Fuel Stations1
Worship2

Crime & Safety

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%

Sales History

Sold 11/2020CA$300k–350k
Sold price

Same street

Bottom 28%

Same area

Bottom 41%

City-wide

Bottom 46%

Related homes

Highlights & common questions: 270 Balfour Avenue, Winnipeg

Property Overview: 270 Balfour Avenue, Riverview, Winnipeg

Section 1: Key Characteristics & Appeal

This 1921 home in Riverview presents a classic Winnipeg character property with a practical balance of space and value. At 936 sqft, the living area is modest, placing it below local averages, but it sits on a notably generous 6,398 sqft lot that ranks well above the neighborhood standard. This creates a distinct profile: a cozier interior footprint paired with significant outdoor potential. The assessed value of $361k is firmly around the average for the area, suggesting a fair market positioning.

The primary appeal lies in this land-to-building ratio. It’s a home for those who value private outdoor space for gardening, play, or expansion more than expansive interior square footage. It suits a first-time buyer, downsizer, or investor looking for an entry into a well-established neighborhood like Riverview without a premium price tag. The home’s age (1921) means potential for original charm but also implies a need for due diligence regarding updates and maintenance. A thoughtful perspective is that this property represents a "land play" in a mature area—the value is increasingly anchored in the sizable lot, while the home itself offers functional living space.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others nearby?
The living area of 936 sqft is below the average for both Balfour Avenue and the wider Riverview neighborhood. This indicates a more compact interior layout typical of some older homes, which often makes for efficient heating and maintenance.

2. Is the assessed value in line with the area?
Yes. The $361k assessment is very close to the neighborhood average, ranking it around the middle of the pack. This suggests the property is priced consistently with its core characteristics and isn’t an outlier.

3. What is the significance of the lot size?
The 6,398 sqft lot is a key feature. It ranks in the top 14% within Riverview, meaning it’s substantially larger than many neighboring properties. This offers more privacy, yard space, and future potential than is typical for the area.

4. What was the previous sale price?
Public records indicate it last sold in November 2020 for between $300,000 and $350,000. For verified, exact historical sale figures, a manual lookup can be requested from the site.

5. What are similar nearby properties like?
Nearby homes on Balfour Avenue and Clare Avenue, built in the same era (1920s), show a range. Comparable properties have living areas from about 900 to 1,350 sqft and assessed values from $313k to $380k, confirming this home sits within a varied but consistent historic streetscape.

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