161 Riverbend Crescent

Bruce Park, Winnipeg

Property score

63.5

Fair

Overall 63.5 · Newer than most nearby homes

1,214 sqft (bottom 46%) · Built in 1948 (8 yrs newer than avg)

Located in a above-average income area with median household income of ~71.5k

Transit 100.0 · 2-min walk to transit with 7 nearby routes · Within 500m: 5 dining spots, 2 schools, 3 healthcare facilitys, and 3 shops nearby

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Above average

8 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

63.5 is composed by the two sections below.

Property Score

58.0Fair
Living Area66
1,214 sqftGood
Year Built30
1948Low
Lot Size67
5,370 sqftGood
Neighbourhood Sales Activity48
Low

Community Score

71.7Good
Household Income72
Good
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health42
Low

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

around average
1,214 sqft
0255075100
Same streetTop 50%Same areaBottom 46%CitywideTop 49%
Same street · Riverbend Crescent
#58 / 115
Top 50% · Avg 1,331 sqft
Same area · Bruce Park
#325 / 606
Bottom 46% · Avg 1,330 sqft
Citywide · Winnipeg
#95,002 / 194,458
Top 49% · Avg 1,342 sqft

Tax-Assessed Value

around average
292k
0255075100
Same streetBottom 21%Same areaBottom 35%CitywideBottom 27%
Same street · Riverbend Crescent
#91 / 115
Bottom 21% · Avg 388.3k
Same area · Bruce Park
#393 / 606
Bottom 35% · Avg 352.3k
Citywide · Winnipeg
#141,820 / 194,458
Bottom 27% · Avg 390.1k

Year Built

above average
1948
0255075100
Same streetTop 49%Same areaTop 24%CitywideBottom 26%

Lot Size

around average
5,370 sqft
0255075100
Same streetBottom 10%Same areaTop 47%CitywideTop 47%

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

161 Riverbend Crescent — 20 amenities found within 500 m, across 7 categories, including 5 dining (nearest 152 m), 2 education (nearest 178 m), 3 healthcare (nearest 115 m).

Search radius
🍽️Dining5
🏫Education2
🏥Healthcare3
🛒Shopping3
🌳Parks4
Worship2
🏛️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 5/2022CA$300k–350k
Sold price

Same street

Top 43%

Same area

Top 36%

City-wide

Top 49%

Related homes

Highlights & common questions: 161 Riverbend Crescent, Winnipeg

Property Overview: 161 Riverbend Crescent, Bruce Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1948, sits on a mature, 5,370 sqft lot in the Bruce Park neighbourhood. Its key feature is a renovated basement, adding valuable finished space to the 1,214 sqft living area. The home presents a practical, grounded opportunity. Its appeal lies in being a solid, post-war character home in an established area, with the major work of a basement renovation already completed. The lot size is notably smaller than others directly on Riverbend Crescent, but is typical for the broader Bruce Park area, offering manageable outdoor maintenance.

This property would suit a first-time buyer or a downsizer looking for a home with immediate livability and character, without a large property to upkeep. It’s also a candidate for a value-conscious buyer who appreciates that the assessed value is below average for the street and city, potentially indicating room for equity growth as further updates are made. The lack of a garage is a trade-off for the lot size and location, suggesting a buyer comfortable with street parking or adding a structure later.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, ceiling height, permits, and moisture control should be verified through a viewing and inspection.

2. How does the smaller lot on this street impact value?
While the lot is below average for Riverbend Crescent itself, it is average for the Bruce Park neighbourhood. This could mean a relative value price point on the street, but a typical outdoor space for the community.

3. The home sold in 2022 for $340k. What does that history suggest?
The 2022 sale price was around average for Winnipeg at the time. This recent transaction provides a clear, modern price benchmark, indicating stable value in the current market cycle.

4. Is the below-average assessed value a concern?
Not necessarily. A lower assessment relative to nearby homes can sometimes point to an opportunity, especially if updates (like the basement renovation) aren't fully reflected. It's important to compare the assessment to recent sale prices of similar homes.

5. What is the Bruce Park neighbourhood like?
Bruce Park is a long-established, central Winnipeg neighbourhood. The presence of many homes from the 1940s-1960s suggests a stable, mature community with older tree canopies and varied architectural styles. Prospective buyers should explore the area to gauge proximity to amenities, traffic patterns, and overall streetscape.