408-511 River Avenue

Built 1913Living Area 775 sqft
Sale History
SOLDin Aug 2020
260K±5,0006yr +4%
Tax Assessment
217k(prev. 204k)
+13k(+6.4%)
DateSold PriceNeighbourhood
2020-08Sold260K±5,00025/76
2014-01Sold250K±5,00042/119

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

Map
Below average775 sqft · top 68% in area · built 1913 · 56 yrs older than avg
$
High-income areaMedian household income ~$51K · top tier income demographics
1-min walk to transit3 nearby routes · score 88/100
Score

Property score

Overall score
41.6Low
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
24
Low
Living area
22
Year built
16
Sales activity
98
Community Score
67.9
Fair
Income
56
Education
100
Housing
63
Core need
76
Employment
60
Rankings

How it stacks up

Each metric compared against 246 homes on River Avenue, 1,471 in Roslyn, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
775 sqft
BELOW AVERAGE
StreetBottom 30%AreaBottom 32%CityBottom 20%
Same street
Bottom 30%
#173 / 246
Same area
Bottom 32%
#997 / 1,471
Citywide
Winnipeg
Bottom 20%
#21,493 / 26,841
Tax-Assessed Value
217 k
NEAR AVERAGE
StreetTop 49%AreaTop 45%CityBottom 39%
Same street
Top 49%
#120 / 246
Same area
Top 45%
#664 / 1,471
Citywide
Winnipeg
Bottom 39%
#16,295 / 26,841
Year Built
1913
BELOW AVERAGE
StreetBottom 22%AreaBottom 3%CityBottom 3%
Same street
Bottom 22%
#192 / 246
Same area
Bottom 3%
#1,423 / 1,471
Citywide
Winnipeg
Bottom 3%
#25,943 / 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 ▼
408-511 River Avenue: Living Area Analysis

Street Level (River Avenue): Below Average. Ranked #173 out of 246 (Bottom 30%). The street average for comparable homes is 883 sqft.

Neighborhood Level (Roslyn): Below Average. Ranked #997 out of 1,471 (Bottom 32%). The neighborhood average for comparable homes is 1,077 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #21,493 out of 26,841 (Bottom 20%). The citywide average for comparable homes is 1,042 sqft.

408-511 River Avenue: Tax-Assessed Value Analysis

Street Level (River Avenue): Around Average. Ranked #120 out of 246 (Top 49%). The street average for comparable homes is 241.2k.

Neighborhood Level (Roslyn): Around Average. Ranked #664 out of 1,471 (Top 45%). The neighborhood average for comparable homes is 278.1k.

Citywide Level (Winnipeg): Below Average. Ranked #16,295 out of 26,841 (Bottom 39%). The citywide average for comparable homes is 276.9k.

408-511 River Avenue: Year Built Analysis

Street Level (River Avenue): Below Average. Ranked #192 out of 246 (Bottom 22%). The street average for comparable homes is 1977.

Neighborhood Level (Roslyn): Below Average. Ranked #1,423 out of 1,471 (Bottom 3%). The neighborhood average for comparable homes is 1969.

Citywide Level (Winnipeg): Below Average. Ranked #25,943 out of 26,841 (Bottom 3%). The citywide average for comparable homes is 1990.

Market

Roslyn market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
777
last 14 years
Median price
219k
14-year area median
Price per sqft
$217/sqft
area average
Avg build year
1969
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 “roslyn” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Community deep dive

Who lives in this neighbourhood

Dissemination area #46110403 · Statistics Canada 2021 Census · Population 674
674
Population (2021)
45.6
Median age
1.4
Avg household size
7,488 / km²
Population density
Distribution by household income band
0-5k
1%
5k-10k
1%
10k-15k
1%
15k-20k
2%
20k-25k
13%
25k-30k
9%
30k-35k
4%
35k-40k
7%
40k-45k
6%
45k-50k
4%
50k-60k
8%
60k-70k
6%
70k-80k
7%
80k-90k
6%
90k-100k
6%
100k-125k
6%
125k-150k
3%
150k-200k
7%
200k plus
3%
$51K
Median household income
$78K
Average household income
22%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
68%
Single-person households
3%
Families with children
60%
Labour participation
7%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

408-511 River Avenue — 53 amenities found within 500 m, across 9 categories, including 32 dining (nearest 181 m), 1 education (nearest 449 m), 2 healthcare (nearest 198 m).

Search radius
🍽️Dining32
🏫Education1
🏥Healthcare2
🛒Shopping3
🌳Parks5
💪Sports1
Fuel Stations1
Worship6
🏛️Government2

Crime & safety

Roslyn · WPS public data
Full crime data →
Annual incidents
25
2026
vs. city average
-15%
▲ relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
68% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 408-511 River Avenue. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview: 408-511 River Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a 775 sqft unit in a well-established Roslyn neighborhood building, offering a practical entry point into a central and desirable area. Built in 1913, its character and lower price point come with the understanding that it is notably older than most homes in the city. The assessed value of $204k is competitive, sitting around the average for its immediate street and neighborhood, but below the wider Winnipeg average, suggesting a relative value opportunity in this location.

The appeal lies in its positioning. It suits a specific buyer: someone seeking affordability and location over square footage or modern construction, such as a first-time buyer, an investor, or a downsizer who wants walkable access to Osborne Village, the river, and downtown amenities without a premium price tag. A thoughtful perspective is that its "below average" size and age for the city are precisely what make it accessible, offering a trade-off that prioritizes neighborhood over the property itself. Its value is anchored more in its address than its features.

Section 2: Frequently Asked Questions

1. What are the monthly condo or maintenance fees?
This information is not provided in the public data. A direct inquiry to the property manager or listing agent is essential, as fees significantly impact the total monthly cost and value proposition.

2. How does the 1913 build date affect the unit?
While offering classic charm, it implies a greater likelihood of older building systems (plumbing, electrical) and potentially less modern insulation or layouts. A thorough inspection and review of the building's reserve fund study are crucial to understand future repair obligations.

3. The last sale was around 2020. What does that mean?
The sold price range (CA$250k–300k) from 2020 is a historical marker, not a current valuation. The market has shifted since then, and the current assessed value ($204k) is the official tax valuation, not the market price. A current appraisal or comparative market analysis is needed for today's value.

4. How does the living area compare realistically?
At 775 sqft, it's compact. It's average for older units on River Avenue but below the norm for a detached house in Winnipeg. This suits efficient living but requires careful consideration of space needs and furniture layout.

5. Where can I get verified sale history or exact past prices?
As noted, this site does not have access to MLS sales records. To obtain exact, verified transaction history, you must request a manual lookup via the provided email service, as detailed in the data disclaimer.