271 Balfour Avenue

Riverview, Winnipeg

Property score

77.3

Good

Overall 77.3 · Larger but older than most nearby homes

1,625 sqft (top 20%) · Built in 1912 (26 yrs older than avg)

Located in a high-income area with median household income of ~123k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 10 dining spots, 2 schools, 3 healthcare facilitys, and 4 parks nearby

Living Area

Above average

24% larger than neighborhood avg.

Year Built

Below average

26 yrs older than neighborhood avg.

Mother tongue

English · 89%French · 3%

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

77.3 is composed by the two sections below.

Property Score

67.5Good
Living Area1,625 sqft83Excellent
Year Built191216Low
Lot Size6,398 sqft81Excellent
Neighbourhood Sales Activity48Low

Community Score

92.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110455

Community deep dive

$123K

Median household income

$127K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

19%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)536
Labour force participation rate70%
Median age42.8
Avg household size2.6
Unemployment rate4%
Population density2330 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households19%
Couple families with children35%
Median household income (2020)$123K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority7%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
1,625 sqft
0255075100
Same streetTop 25%Same areaTop 20%CitywideTop 24%
Same street · Balfour Avenue
#25 / 100
Top 25% · Avg 1,361 sqft
Same area · Riverview
#292 / 1,480
Top 20% · Avg 1,306 sqft
Citywide · Winnipeg
#46,785 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

around average
379k
0255075100
Same streetBottom 40%Same areaBottom 49%CitywideTop 44%
Same street · Balfour Avenue
#60 / 100
Bottom 40% · Avg 404.2k
Same area · Riverview
#756 / 1,480
Bottom 49% · Avg 389.3k
Citywide · Winnipeg
#85,956 / 194,458
Top 44% · Avg 390.1k

Year Built

below average
1912
0255075100
Same streetBottom 5%Same areaBottom 19%CitywideBottom 8%

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

271 Balfour Avenue — 22 amenities found within 500 m, across 6 categories, including 10 dining (nearest 314 m), 2 education (nearest 370 m), 3 healthcare (nearest 345 m).

Search radius
🍽️Dining10
🏫Education2
🏥Healthcare3
🌳Parks4
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 7/2022CA$400k–450k
Sold price

Same street

Top 32%

Same area

Top 27%

City-wide

Top 31%

Related homes

Highlights & common questions: 271 Balfour Avenue, Winnipeg

Property Overview: 271 Balfour Avenue, Riverview, Winnipeg

Key Characteristics & Appeal

This 1,625 sqft home on Balfour Avenue presents a compelling blend of space, location, and value within Winnipeg's Riverview neighborhood. Built in 1912, it is notably older than most area homes, which may appeal to buyers charmed by character and potential heritage features, while understanding the importance of a thorough inspection for a property of this age.

Its primary appeal lies in its generous proportions relative to the local market. The living area is consistently above average for the street, neighborhood, and city, offering more interior space than many comparable homes. This is complemented by a lot size of nearly 6,400 sqft, which is significantly larger than the Riverview average, providing ample outdoor space for gardens, play, or expansion.

With an assessed value of $379k, the property sits around the average mark for its immediate area but can be seen as a value proposition given its larger-than-average footprint. It last sold for an estimated $400k-$450k in mid-2022. This profile suits practical buyers seeking a well-sized family home in an established neighborhood without a premium price tag. It’s ideal for those who prioritize interior and yard space over a modern build date and are prepared for the stewardship that comes with an older, character home.


Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($379k) is a municipal figure for tax purposes and is a useful benchmark. However, the last known sale price (2022) was in the $400k-$450k range. Market conditions, the home’s condition, and recent upgrades will ultimately determine the current market value.

2. How does the older construction year (1912) impact the property?
While it adds character, it necessitates a focused inspection. Key systems like wiring, plumbing, and the foundation should be carefully evaluated. The home’s age is below the local average, so it may have unique architectural details but also potentially higher maintenance considerations.

3. The lot size is large for Riverview. What are the implications?
The lot is over 14% larger than the neighborhood average. This is a significant asset, offering more privacy, landscaping potential, and future flexibility (like adding a garage or deck) compared to tighter lots nearby. It’s a standout feature that adds long-term value.

4. How does the living space compare to nearby homes?
Very favorably. The home ranks in the top 25% on its street and top 20% in Riverview for living area. You are getting more interior square footage than most homes in the immediate vicinity, which is a key advantage for daily living and resale.

5. Where can I get verified, exact historical sale prices?
The site provides estimated price bands publicly. For fully verified and exact sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system. The service is free and they state they will not use your contact information for marketing.

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