278 Ashland Avenue

Riverview, Winnipeg

Property score

66.6

Good

Overall 66.6 · Compared with neighbourhood average

1,071 sqft (bottom 32%) · Built in 1928 (10 yrs older than avg)

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

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

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Near average

10 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

66.6 is composed by the two sections below.

Property Score

49.7Low
Living Area1,071 sqft52Fair
Year Built192820Low
Lot Size6,397 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

around average
1,071 sqft
0255075100
Same streetBottom 22%Same areaBottom 32%CitywideBottom 36%
Same street · Ashland Avenue
#86 / 110
Bottom 22% · Avg 1,388 sqft
Same area · Riverview
#1,003 / 1,480
Bottom 32% · Avg 1,306 sqft
Citywide · Winnipeg
#125,091 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

below average
283k
0255075100
Same streetBottom 3%Same areaBottom 14%CitywideBottom 25%
Same street · Ashland Avenue
#107 / 110
Bottom 3% · Avg 425.7k
Same area · Riverview
#1,267 / 1,480
Bottom 14% · Avg 389.3k
Citywide · Winnipeg
#146,195 / 194,458
Bottom 25% · Avg 390.1k

Year Built

around average
1928
0255075100
Same streetBottom 38%Same areaBottom 40%CitywideBottom 17%

Lot Size

above average
6,397 sqft
0255075100
Same streetTop 34%Same areaTop 21%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

278 Ashland Avenue — 21 amenities found within 500 m, across 6 categories, including 10 dining (nearest 325 m), 2 education (nearest 338 m), 3 healthcare (nearest 349 m).

Search radius
🍽️Dining10
🏫Education2
🏥Healthcare3
🌳Parks3
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 8/2021CA$250k–300k
Sold price

Same street

Bottom 7%

Same area

Bottom 23%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 278 Ashland Avenue, Winnipeg

Property Overview: 278 Ashland Avenue, Riverview, Winnipeg

Key Characteristics & Appeal

This 1928 home in Riverview presents a practical opportunity centered on its lot and location. At 1,071 sqft, the living space is modest, ranking below the average for its own street but closer to the norm for the wider neighborhood and city. The standout feature is the 6,397 sqft land area, which is above average for Riverview, offering valuable outdoor space or future potential in a mature area.

The primary appeal lies in its value positioning. With an assessed value significantly below averages for the street, neighborhood, and city, this property could suit buyers looking for entry into a well-established area without the premium price tag of larger or more updated homes on the same block. It last sold between $250k-$300k in 2021, a price point that was highly competitive for the area at the time.

This home would likely suit a first-time buyer, an investor, or a downsizer comfortable with a character home from the 1920s. It’s for those who prioritize land size and location over immediate square footage, and who see potential in a property priced below its immediate peers. It’s a pragmatic choice for someone willing to trade a smaller interior for a larger lot in a central neighborhood.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value for tax purposes is consistently below area averages, which may reflect the home’s size and vintage. However, market conditions, the home’s interior condition, and the desirability of its large lot will ultimately determine the sale price.

2. How does the living space compare to nearby homes?
The home is cozier than most on Ashland Avenue, where average living areas are larger. It is more in line with the typical size for Riverview and Winnipeg overall, making it an average-sized home in the broader context but a smaller option on its specific street.

3. What are the implications of the large lot size?
The above-average lot for the neighborhood is a key asset. It provides more private outdoor space than many nearby properties and could offer future potential for additions, gardens, or landscaping projects, subject to local zoning regulations.

4. The home was built in 1928. What should I consider?
Homes from this era often have solid construction but may require updates to mechanical systems like wiring, plumbing, or insulation. A thorough inspection is essential to understand the condition and any needed maintenance or modernization costs.

5. How can I verify the exact past sale price?
The provided sold price is an estimate from public records. For fully verified and exact transaction history, you must request a manual lookup from the site, which they provide via email. MLS data is not displayed on this platform due to industry rules.

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