1011 Riverwood Avenue

Beaumont, Winnipeg

Property score

66.4

Good

Overall 66.4 · Newer than most nearby homes

1,168 sqft (top 32%) · Built in 1973 (12 yrs newer than avg)

Located in a high-income area with median household income of ~89k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 8 dining spots, 4 schools, 3 healthcare facilitys, and 2 shops nearby

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Above average

12 yrs newer than neighborhood avg.

Mother tongue

English · 67%Punjabi · 7%

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

Sold Count

363

Median price

464k

$/sqft

$381/sqft

Avg build year

1961

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Property score

66.4 is composed by the two sections below.

Property Score

59.3Fair
Living Area1,168 sqft60Fair
Year Built197358Fair
Lot Size4,969 sqft60Fair
Neighbourhood Sales Activity53Fair

Community Score

77.1Good
Household Income80Excellent
Education Level63Fair
Housing Stress74Good
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Beaumont

How to read: Share of sales in each ~$50k price band for “beaumont” (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: #46110432

Community deep dive

$89K

Median household income

$100K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

26%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)580
Labour force participation rate72%
Median age38.4
Avg household size2.6
Unemployment rate6%
Population density1812 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households26%
Couple families with children24%
Median household income (2020)$89K

Housing

Renter households25%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority30%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 67%
Mother tongue (2nd)Punjabi · 6%

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

Rankings

Living Area

around average
1,168 sqft
0255075100
Same streetBottom 39%Same areaTop 32%CitywideBottom 47%
Same street · Riverwood Avenue
#79 / 130
Bottom 39% · Avg 1,280 sqft
Same area · Beaumont
#282 / 894
Top 32% · Avg 1,108 sqft
Citywide · Winnipeg
#103,482 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
361k
0255075100
Same streetBottom 46%Same areaTop 48%CitywideTop 50%
Same street · Riverwood Avenue
#70 / 130
Bottom 46% · Avg 386.3k
Same area · Beaumont
#428 / 894
Top 48% · Avg 357.9k
Citywide · Winnipeg
#97,103 / 194,458
Top 50% · Avg 390.1k

Year Built

above average
1973
0255075100
Same streetTop 11%Same areaTop 16%CitywideTop 43%

Lot Size

around average
4,969 sqft
0255075100
Same streetBottom 6%Same areaBottom 18%CitywideBottom 43%

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

1011 Riverwood Avenue — 24 amenities found within 500 m, across 7 categories, including 8 dining (nearest 179 m), 4 education (nearest 315 m), 3 healthcare (nearest 221 m).

Search radius
🍽️Dining8
🏫Education4
🏥Healthcare3
🛒Shopping2
🌳Parks3
🏦Finance3
Worship1

Crime & Safety

Beaumont · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

43%

Sales History

Sold 7/2022CA$350k–400k
Sold price

Same street

Top 36%

Same area

Top 33%

City-wide

Top 44%

Related homes

Highlights & common questions: 1011 Riverwood Avenue, Winnipeg

Property Summary: 1011 Riverwood Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Beaumont sits on a generous, mature lot that ranks in the top 6% for size on its street. Built in 1973, the property offers a practical 1,168 sqft layout with the notable advantage of a renovated basement. A detached garage provides additional storage or workshop space.

The primary appeal lies in its established neighbourhood setting and the value offered by the updated basement, which adds functional living space. Its lot size is a significant asset, providing ample outdoor room in a city context. The home suits first-time buyers or downsizers looking for a manageable single-level floorplan with immediate move-in readiness, thanks to the basement renovation. It also appeals to value-conscious buyers who prioritize land size and the potential for future updates to the main living areas over a brand-new build. A thoughtful perspective is that while the home itself is average-sized for the area, the above-average lot presents a relative scarcity, offering privacy and space that can be harder to find in this price range.

Section 2: Frequently Asked Questions

1. What is the neighbourhood like?
The home is in Beaumont, a mature Winnipeg neighbourhood. The rankings indicate the property itself sits in the top 18% for lot size in the area, suggesting a well-established streetscape with larger, older lots.

2. What does "renovated basement" typically mean here?
While specifics aren't listed, it generally indicates the basement has been finished into livable space, such as a family room, bedroom, or office. It's a key feature that adds functional square footage to the home.

3. How does the assessed value compare to the recent sale price?
The property was last sold in July 2022 for $36,000 and currently holds an assessed value of $36,100. This close alignment suggests stable market value in recent years.

4. Is the home newer or older compared to others?
Built in 1973, it is older than 84% of homes in the Beaumont neighbourhood, placing it among the more established properties on the street. This often means mature landscaping but may also indicate original elements in the main house.

5. What are the practical implications of a detached garage?
It provides secure storage and parking separate from the house. This can be a benefit for workshop enthusiasts or those with multiple vehicles, though it means going outdoors to access your vehicle in winter.

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