155 Riveroaks Drive

Bruce Park, Winnipeg

Property score

51.0

Fair

Overall 51.0 · Smaller but newer than most nearby homes

880 sqft (bottom 14%) · Built in 1949 (9 yrs newer than avg)

Located in a above-average income area with median household income of ~67k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 9 dining spots, 3 schools, 1 healthcare facility, and 3 shops nearby

Living Area

Below average

34% smaller than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 79%Tagalog · 3%

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

51.0 is composed by the two sections below.

Property Score

36.6Low
Living Area880 sqft32Low
Year Built194930Low
Lot Size4,899 sqft60Fair
Neighbourhood Sales Activity48Low

Community Score

72.6Good
Household Income68Good
Education Level82Excellent
Housing Stress63Fair
Core Housing Need76Good
Employment Health83Excellent

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: #46110248

Community deep dive

$67K

Median household income

$81K

Average household income

13%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.3

P90 / P10 ratio

42%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)504
Labour force participation rate76%
Median age39.2
Avg household size2.0
Unemployment rate9%
Population density5600 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households42%
Couple families with children22%
Median household income (2020)$67K

Housing

Renter households50%
Condominium dwellings9%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority20%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

below average
880 sqft
0255075100
Same streetBottom 3%Same areaBottom 14%CitywideBottom 15%
Same street · Riveroaks Drive
#33 / 34
Bottom 3% · Avg 1,237 sqft
Same area · Bruce Park
#521 / 606
Bottom 14% · Avg 1,330 sqft
Citywide · Winnipeg
#165,778 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

around average
295k
0255075100
Same streetBottom 3%Same areaBottom 37%CitywideBottom 28%
Same street · Riveroaks Drive
#33 / 34
Bottom 3% · Avg 324.1k
Same area · Bruce Park
#384 / 606
Bottom 37% · Avg 352.3k
Citywide · Winnipeg
#140,276 / 194,458
Bottom 28% · Avg 390.1k

Year Built

above average
1949
0255075100
Same streetTop 9%Same areaTop 17%CitywideBottom 27%

Lot Size

around average
4,899 sqft
0255075100
Same streetBottom 26%Same areaBottom 43%CitywideBottom 42%

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

155 Riveroaks Drive — 25 amenities found within 500 m, across 7 categories, including 9 dining (nearest 209 m), 3 education (nearest 279 m), 1 healthcare (nearest 484 m).

Search radius
🍽️Dining9
🏫Education3
🏥Healthcare1
🛒Shopping3
🌳Parks3
Fuel Stations2
Worship4

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 8/2019CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 28%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 155 Riveroaks Drive, Winnipeg

Property Overview: 155 Riveroaks Drive, Bruce Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on a nearly 5,000 sqft lot in Bruce Park is defined by its practicality and potential. Its key characteristics include a renovated basement, a detached garage, and a 1949 build date that is notably older than the city average but typical for its established neighbourhood.

The primary appeal lies in its position as an efficient, grounded entry point into a mature area. The lot size is manageable, and the renovated basement adds immediate functional space. It suits a specific buyer: those seeking affordability in a settled community, such as first-time homeowners comfortable with a smaller living footprint (880 sqft), downsizers looking for a low-maintenance property, or value-focused investors. A thoughtful perspective is that its below-average metrics for size and assessed value compared to the immediate street could represent a relative value opportunity within a desirable location, allowing for equity growth through updates over time rather than paying a premium for a fully modernized home.

Section 2: Frequently Asked Questions

1. How does the living area compare to nearby homes?
At 880 sqft, the living area is below average for the street, neighbourhood, and city. This emphasizes the home's compact and efficient layout.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Viewing the property or requesting details from the listing agent is necessary to understand the finish quality and layout.

3. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value for taxation purposes is $29.5k, but the home last sold for $25.2k in 2019. Market conditions, the renovated basement, and the detached garage will influence the current listing price.

4. What are the implications of the 1949 build date?
While older than the Winnipeg average, the home is actually above average in age for Bruce Park, fitting the character of the neighbourhood. Buyers should prioritize a thorough inspection to understand the condition of major systems and the scope of the basement renovation.

5. Who might this property not suit?
It may not suit buyers looking for a large, modern, move-in-ready home with ample above-ground square footage or those who prioritize a recently built property. The appeal is geared towards those who see value in the lot location and are willing to work with a compact, classic layout.

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