Photo: Amakuha · CC BY 4.0Owners in River East value their homes 27% above the median of Manitoba’s towns
Owners valued the median home at $380,000 in 2021, where the median of Manitoba’s towns was $300,000. Sales are published too: 14,740 buyers in 2023, at a median $374,000. Nobody publishes sale prices, assessed values, values by property type and building permits for River East alone, so this card uses the figure for the city of Winnipeg.
Three ways to price a home in River East
Each source sits beside its own median for Manitoba’s towns; none compares across provinces, which value homes in their own ways. The census asks owners what their home would sell for, so the values are estimates from May 2021.
median, owners’ estimate
- Average
- $388K
- Owners
- 2,765
- Manitoba’s towns
- $300K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $400K
- ÷ buyers’ income
- 3×
- Buyers
- 14,740
- Manitoba’s towns
- $248K
all residential
- Manitoba’s towns
- $201K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Houses in Winnipeg carry assessments 51% over the middle of Manitoba’s towns
In 2024, Winnipeg had 222,340 residential properties on the roll, detached houses 79% of them and condos 12%.
Median assessment by type, 2024 the tick is the median of Manitoba’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Manitoba’s towns with their own figure; assessments compare within a province only.
The homes of River East, by period and type
Of the 3,185 homes people lived in across River East at the 2021 census, 81% were single-detached houses. Half or more were standing by 1980. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Manitoba’s towns
Homes by kind
| River East | Manitoba | Canada | |
|---|---|---|---|
| Condominiums | 4% | 5% | 8% |
| Needing major repairs | 3% | 6% | 6% |
| Too small for the household | 1% | 5% | 3% |
| Households in core housing need | 5% | 7% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Permits in Winnipeg ran at 16.9 homes a year per 1,000, near the 13.7 of Manitoba’s towns
From 2018 to 2023, permits in Winnipeg created 29,417 homes, about 4,903 a year. The mix: 23% in single-unit buildings, beside 67% for Manitoba’s towns.
Most in 2021: 6,147 new homes
New homes a year per 1,000 homes
Rising: 7,667 new homes in the 12 months to August 2026, 34% more
Measured across the Winnipeg metro area: monthly permits
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
River East is 27% above the $300,000 median of Manitoba’s towns
The census values of Manitoba’s towns, 188 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to River East: Valhalla, Rossmere-A and Kildonan Drive
Next to River East: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| River East | $380K | $388K | 87% | |
| Valhalla | $246K | $292K | 23% | 1.4 |
| Springfield North | $376K | $387K | 90% | 1.6 |
| Rossmere-A | $300K | $310K | 47% | 1.7 |
| Rivergrove | $452K | $443K | 69% | 2.1 |
| Riverbend | $376K | $373K | 95% | 2.6 |
| Kildonan Drive | $348K | $375K | 58% | 2.9 |
Census 2021 values; km.
Questions about property prices in River East
How many households in River East are in core housing need?
5% of River East’s households, under the 7% of Manitoba’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Is River East expensive for Manitoba?
Above the norm for Manitoba’s towns, whose median home is worth $300,000; River East’s is worth more.
Can I see individual sales or prices by street?
No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).