1018 Riverwood Avenue

Beaumont, Winnipeg

Property score

57.3

Fair

Overall 57.3 · Compared with neighbourhood average

964 sqft (bottom 31%) · Built in 1955 (6 yrs older than avg)

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

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 7 dining spots, 3 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Below average

6 yrs older 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

57.3 is composed by the two sections below.

Property Score

44.1Low
Living Area964 sqft42Low
Year Built195536Low
Lot Size4,976 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
964 sqft
0255075100
Same streetBottom 25%Same areaBottom 31%CitywideBottom 23%
Same street · Riverwood Avenue
#97 / 130
Bottom 25% · Avg 1,280 sqft
Same area · Beaumont
#613 / 894
Bottom 31% · Avg 1,108 sqft
Citywide · Winnipeg
#150,275 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
314k
0255075100
Same streetBottom 14%Same areaBottom 27%CitywideBottom 34%
Same street · Riverwood Avenue
#112 / 130
Bottom 14% · Avg 386.3k
Same area · Beaumont
#649 / 894
Bottom 27% · Avg 357.9k
Citywide · Winnipeg
#129,291 / 194,458
Bottom 34% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetTop 17%Same areaBottom 39%CitywideBottom 34%

Lot Size

around average
4,976 sqft
0255075100
Same streetBottom 18%Same areaBottom 22%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

1018 Riverwood Avenue — 23 amenities found within 500 m, across 7 categories, including 7 dining (nearest 219 m), 3 education (nearest 329 m), 2 healthcare (nearest 304 m).

Search radius
🍽️Dining7
🏫Education3
🏥Healthcare2
🛒Shopping2
🌳Parks5
🏦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 4/2016CA$250k–300k
Sold price

Same street

Bottom 14%

Same area

Bottom 22%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 1018 Riverwood Avenue, Winnipeg

Property Overview: 1018 Riverwood Avenue, Winnipeg

Key Features & Ideal Buyer

This 1955-built, one-storey home in Beaumont sits on a generous, nearly 5,000 sqft lot, offering more outdoor space than most properties on its street and in the wider neighbourhood. Its key appeal lies in a practical combination of space, established location, and recent updates. The home features a renovated basement, adding valuable finished living area to its 964 sqft main floor, and includes a detached garage. While the house itself is of a vintage common to the area, its lot size ranks in the top tier locally, presenting a clear opportunity for gardening, expansion, or simply enjoying more private outdoor room than newer infill lots typically provide.

Its value is underscored by a current assessed value that places it well above the median for the immediate street. This home would suit a first-time buyer or downsizer looking for a manageable single-level layout with immediate move-in readiness thanks to the basement renovation. It’s also a sensible fit for a value-conscious buyer who prioritizes a larger lot in a mature neighbourhood over a newer, but potentially more constrained, property. The strong historical sale price from 2016 suggests the area has held its appeal over time.

Frequently Asked Questions

1. How does the lot size compare to newer homes?
At 4,976 sqft, the lot is substantially larger than the standard for many modern subdivisions. It ranks in the top 18% on Riverwood Avenue, offering a notable amount of private outdoor space.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and permits should be verified by a buyer's inspection. It adds valuable finished square footage to the home's total living area.

3. Is the detached garage a standard size?
The listing notes a detached garage but does not specify dimensions. Viewing the property is necessary to confirm its size and condition.

4. How does the assessed value relate to the likely listing price?
The assessed value is $31.40k, a provincial valuation for tax purposes. It is not a market price. The last known sale was in 2016 for $25.30k, which was a top-tier price for the street at that time, indicating the property's market value has historically tracked above area averages.

5. What are the implications of the home's age (built 1955)?
While the building is older, the renovated basement suggests some updates. A thorough inspection is recommended to assess the condition of major aging components like the roof, plumbing, electrical, and foundation, which is typical for homes of this vintage.

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