Property score
51.6
Fair
Overall 51.6 · Smaller but newer than most nearby homes
884 sqft (bottom 15%) · Built in 1948 (8 yrs newer than avg)
Located in a above-average income area with median household income of ~81k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 9 dining spots, 3 schools, 2 shops, and 2 parks nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 88%French · 3%
Past 10 years Bruce Park sales snapshot (~80% of all data)
193
190k
$201/sqft
1940
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51.6 is composed by the two sections below.
Property Score
Community Score
Bruce Park
How to read: Share of sales in each ~$50k price band for “bruce park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110249
$81K
Median household income
$87K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
30%
Single-person households
21%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
114 Riveroaks Drive — 22 amenities found within 500 m, across 6 categories, including 9 dining (nearest 304 m), 3 education (nearest 363 m), 2 shopping (nearest 328 m).
Bruce Park · WPS public data · 2026
Annual incidents
4
2026
vs. city avg
-86%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 29% | Bottom 39% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 114 Riveroaks Drive, Bruce Park, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1948, situated on a generous 5,281 sqft lot in Bruce Park. Its key characteristic is the significant value placed on the land itself. The living space is compact at 884 sqft, but the property benefits from a renovated basement, adding functional space. The lot size is notably above average for its immediate street and is a defining feature.
The appeal lies in its potential and location. The large lot offers room for expansion, gardening, or outdoor living—a rarity in many city neighbourhoods. The renovated basement adds immediate utility without the need for a major project. It suits a pragmatic buyer, such as a first-time homeowner comfortable with a cozy footprint, an investor looking for a land-value play with rental income potential from the basement, or someone seeking a lower-cost entry into the Bruce Park area with plans to eventually renovate or rebuild. It’s a property where the value is more in what you can do with it over time than in its current finished state.
Section 2: Frequently Asked Questions
1. Is the price reflective of the condition?
Yes. The sale price is significantly below both the city and neighbourhood averages, which is consistent with the home’s smaller size and older age. The value is primarily in the land and the renovated basement.
2. What does "renovated basement" typically mean here?
While specifics would require a viewing, in homes of this era a renovated basement often means it has been finished into livable space, such as a rec room or additional bedroom, and likely includes updated flooring, walls, and lighting. It’s a key functional upgrade.
3. How does the lot size compare?
It’s a standout feature. The lot is in the top 9% for size on Riveroaks Drive and above average for Bruce Park, offering more outdoor space than most direct neighbours.
4. Who is the typical buyer for a home like this?
It attracts value-conscious buyers. This includes investors, first-time buyers prioritizing location and lot size over move-in-ready finishes, or downsizers looking for a manageable home with a large yard in a central neighbourhood.
5. Are properties like this often renovated or replaced?
In established neighbourhoods with valuable land, it’s common. The combination of a small, older home on a large lot makes it a prime candidate for future expansion or complete redevelopment, subject to local zoning regulations.
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