125 Riverbend Crescent

Bruce Park, Winnipeg

72.3

Good

Overall 72.3

Larger than most nearby homes

1,633 sqft (top 20%)

Built in 1946 (6 yrs newer than avg)

Located in a above-average income area

with median household income of ~71.5k

Transit 92.0

3-min walk to transit with 9 nearby routes

Within 500m: 6 dining spots, 2 schools, 3 healthcare facilitys, and 3 parks nearby

Living Area

Above average

23% larger than neighborhood avg.

Year Built

Near average

6 yrs newer than neighborhood avg.

Mother tongue

English · 82%French · 2%

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

Sold Count

193

Median price

190k

$/sqft

$201/sqft

Avg build year

1940

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Property score

72.3 is composed by the two sections below.

Property Score

72.7Good
Living Area1,633 sqft83Excellent
Year Built194630Low
Lot Size10,120 sqft97Excellent
Neighbourhood Sales Activity48Low

Community Score

71.7Good
Household Income72Good
Education Level82Excellent
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health42Low

Neighbourhood Sales

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.

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: #46110247

Community deep dive

$72K

Median household income

$85K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

40%

Single-person households

13%

Families with children

Population, labour & age

Population (2021)629
Labour force participation rate46%
Median age58.4
Avg household size1.9
Unemployment rate5%
Population density2419 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households40%
Couple families with children13%
Median household income (2020)$72K

Housing

Renter households57%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority13%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
1,633 sqft
0255075100
Same streetTop 22%Same areaTop 20%CitywideTop 24%
Same street · Riverbend Crescent
#25 / 115
Top 22% · Avg 1,331 sqft
Same area · Bruce Park
#119 / 606
Top 20% · Avg 1,330 sqft
Citywide · Winnipeg
#46,124 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
468k
0255075100
Same streetTop 17%Same areaTop 14%CitywideTop 25%
Same street · Riverbend Crescent
#20 / 115
Top 17% · Avg 388.3k
Same area · Bruce Park
#85 / 606
Top 14% · Avg 352.3k
Citywide · Winnipeg
#49,066 / 194,458
Top 25% · Avg 390.1k

Year Built

around average
1946
0255075100
Same streetBottom 27%Same areaTop 33%CitywideBottom 23%

Lot Size

above average
10,120 sqft
0255075100
Same streetTop 26%Same areaTop 11%CitywideTop 6%

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

125 Riverbend Crescent — 15 amenities found within 500 m, across 5 categories, including 6 dining (nearest 276 m), 2 education (nearest 133 m), 3 healthcare (nearest 265 m).

Search radius
🍽️Dining6
🏫Education2
🏥Healthcare3
🌳Parks3
🏛️Government1

Crime & Safety

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%

Sales History

Sold 8/2023CA$500k–550k
Sold price

Same street

Top 5%

Same area

Top 5%

City-wide

Top 14%

Related homes

Highlights & common questions: 125 Riverbend Crescent, Winnipeg

Property Overview: 125 Riverbend Crescent, Bruce Park, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home in Bruce Park is defined by its generous, above-average lot size of over 10,000 square feet—a standout feature that places it in the top quarter of properties on its street and the top 11% within the neighbourhood. Built in 1946, the home itself offers a renovated basement and a living area that is comfortably larger than most comparable homes in the area. A detached garage completes the picture. Its appeal lies in the rare combination of a substantial, private yard in a mature neighbourhood with the modern convenience of a finished lower level. The property’s assessed value and recent sale price consistently rank above local averages, suggesting a well-regarded location and solid construction.

This home would best suit buyers who prioritize outdoor space and potential over a brand-new build. It’s ideal for someone looking for a classic neighbourhood feel with room for gardens, play, or future expansion. The renovated basement adds immediate functional living space, making it a practical choice for families or those who enjoy entertaining. A thoughtful perspective is that while the home is older, its above-average metrics in land and living space in a sought-after area represent a foundation of intrinsic value that newer homes on smaller lots often lack.

Frequently Asked Questions

1. What does the "above average" ranking for land area actually mean?
It means this property’s lot size is larger than 74-94% of comparable homes in Winnipeg, and specifically ranks in the top 11% within the Bruce Park neighbourhood. You are getting a significantly larger yard than is typical.

2. The home was built in 1946. What should I consider?
While the structure is sound and the basement has been renovated, an older home means systems like plumbing, electrical, and the roof should be carefully inspected. The character and build quality of the era are benefits, but budgeting for ongoing maintenance is wise.

3. How does the recent sale price compare to the assessed value?
The home sold for $520,000 in August 2023, which is substantially higher than its $46,800 assessed value. It’s important to understand that municipal assessed value for taxes is not a market valuation; the sale price reflects the current market value buyers were willing to pay.

4. What is the neighbourhood (Bruce Park) like?
Bruce Park is a mature, established neighbourhood. The data shows homes here have above-average assessed values city-wide, indicating a stable and desirable area. The specific street, Riverbend Crescent, appears to be a consistent performer within that niche.

5. Is the detached garage a drawback?
This depends on personal preference. A detached garage offers flexibility for a workshop or studio space separate from the house. However, it does mean navigating outdoors to access your vehicle, which can be a consideration during Winnipeg winters.

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