165 Riverbend Crescent

Bruce Park, Winnipeg

Property score

68.2

Good

Overall 68.2 · Larger and newer than most nearby homes

1,521 sqft (top 25%) · Built in 1947 (7 yrs newer than avg)

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

Transit 100.0 · 1-min walk to transit with 7 nearby routes · Within 500m: 5 dining spots, 2 schools, 3 healthcare facilitys, and 3 shops nearby

Living Area

Above average

14% larger than neighborhood avg.

Year Built

Above average

7 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

68.2 is composed by the two sections below.

Property Score

65.8Good
Living Area1,521 sqft79Good
Year Built194730Low
Lot Size5,370 sqft67Good
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
1,521 sqft
0255075100
Same streetTop 29%Same areaTop 25%CitywideTop 29%
Same street · Riverbend Crescent
#33 / 115
Top 29% · Avg 1,331 sqft
Same area · Bruce Park
#150 / 606
Top 25% · Avg 1,330 sqft
Citywide · Winnipeg
#56,842 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
312k
0255075100
Same streetBottom 28%Same areaBottom 47%CitywideBottom 33%
Same street · Riverbend Crescent
#83 / 115
Bottom 28% · Avg 388.3k
Same area · Bruce Park
#320 / 606
Bottom 47% · Avg 352.3k
Citywide · Winnipeg
#130,567 / 194,458
Bottom 33% · Avg 390.1k

Year Built

above average
1947
0255075100
Same streetBottom 48%Same areaTop 28%CitywideBottom 24%

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

165 Riverbend Crescent — 21 amenities found within 500 m, across 7 categories, including 5 dining (nearest 122 m), 2 education (nearest 195 m), 3 healthcare (nearest 86 m).

Search radius
🍽️Dining5
🏫Education2
🏥Healthcare3
🛒Shopping3
🌳Parks4
Worship3
🏛️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 8/2020CA$250k–300k
Sold price

Same street

Bottom 30%

Same area

Bottom 46%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 165 Riverbend Crescent, Winnipeg

Property Overview

This one-and-a-half storey home, built in 1947, sits on a 5,370 sqft lot in Bruce Park. Its primary appeal lies in its above-average living space (1,521 sqft) for the area and its solid, vintage character. The lot size is notably smaller than others on Riverbend Crescent but is typical for the wider neighbourhood. With an unrenovated basement and no garage, the property presents a clear value-oriented opportunity. Its assessed value is modest compared to the immediate street, suggesting room for added value through updates. This home suits a practical buyer looking for solid square footage in a established area, who is prepared to handle cosmetic updates or a basement refinish over time. It’s a canvas for someone who values interior space over expansive outdoor grounds and is comfortable with a home that has a history and clear potential.

Key Details & FAQs

Key Characteristics & Appeal:

  • Structure & Space: A 1947, one-and-a-half storey home with 1,521 sqft of living area, which is larger than many comparable homes in Bruce Park and citywide.
  • Land & Setting: The 5,370 sqft lot is below average for its specific street but aligns with the neighbourhood norm. This may appeal to those who prefer less yard maintenance.
  • Condition & Potential: The home features an unrenovated basement and no garage. Its primary draw is its generous interior footprint and the opportunity to customize it to a new owner's taste, reflected in its below-average assessed value for the street.
  • Ideal Buyer: Best suited for a value-conscious purchaser, a hands-on homeowner comfortable with gradual improvements, or an investor looking for a property with solid fundamentals in an established area. It's less suited for those seeking a turn-key home or extensive outdoor space.

Frequently Asked Questions:

1. What does "unrenovated basement" typically imply?
It usually means the basement is in original or functional condition, possibly with dated finishes, and is awaiting modernization. Buyers should budget for potential updates to make it a fully finished living space.

2. How does the smaller lot on this street affect the property?
While the lot is smaller than others on Riverbend Crescent, it is average for Bruce Park. This could mean less private outdoor space than some neighbours but also lower maintenance. It's a trade-off that keeps the property grounded in the neighbourhood's typical scale.

3. The home was last sold in 2020. What does that recent sale history indicate?
The sale four years ago suggests the current ownership period has been relatively short. Motivated sellers can sometimes present a good opportunity, but it's wise to understand their reason for selling.

4. With no garage, what are the parking options?
The listing indicates no garage, so parking would be limited to driveway or on-street. Prospective buyers should verify the driveway capacity and local street parking regulations during a viewing.

5. The assessed value is lower than the street average. Is that good or bad?
It can be both. It suggests the property may be undervalued relative to its immediate neighbours, which is positive for property taxes and purchase price. However, it often reflects the home's current condition and lack of updates compared to others on the street.

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