Property score
58.4
Fair
Overall 58.4 · Newer than most nearby homes
1,080 sqft (bottom 32%) · 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
Below average
19% smaller 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)
193
190k
$201/sqft
1940
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58.4 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: #46110247
$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
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
167 Riverbend Crescent — 21 amenities found within 500 m, across 7 categories, including 5 dining (nearest 107 m), 2 education (nearest 197 m), 3 healthcare (nearest 71 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 5% | Bottom 27% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 167 Riverbend Crescent, Bruce Park, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-and-a-half storey home built in 1947, situated on a generous 5,369 sqft lot in Winnipeg's Bruce Park neighbourhood. The home itself is compact at 1,080 sqft of living space and presents as a classic post-war property, featuring a basement that has not been renovated and no garage. Its current assessed value is notably below average for the area.
The primary appeal lies in its land value and potential. The lot size is substantial for the street and neighbourhood, offering room for expansion, gardening, or outdoor living—a rarity for the price point. This property suits a specific buyer: either a hands-on renovator looking for a project with a solid land base, or an investor seeking a lower-cost entry into the Bruce Park area with an eye on long-term land value. It’s less suited for those seeking a move-in-ready home. A thoughtful perspective is that its below-average metrics, particularly on assessed value, may indicate an opportunity to add significant value through strategic updates, effectively building equity through renovation in an established neighbourhood.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than nearby properties?
The assessed value reflects the property's current state, size, and features. Given the home's age, compact living area, and lack of recent renovations, the valuation is primarily driven by the land value rather than the building itself.
2. What are the implications of the "not renovated" basement?
This typically means the basement retains its original finishes and systems. A buyer should budget for potential updates to flooring, walls, and possibly mechanical systems, and should prioritize a thorough inspection for moisture issues common in homes of this era.
3. Is the large lot a benefit despite the smaller home?
Absolutely. The lot is well above the neighbourhood average and represents the property's most valuable asset. It provides flexibility for future additions, a large garden, or simply more private outdoor space than is typical in this price range.
4. Who would this property not be a good fit for?
It would not suit buyers who need ample indoor living space immediately, desire modern finishes without undertaking a renovation, or require a garage for vehicle storage.
5. How does the 1947 build date affect the home?
While the structure is sound, a home of this age will likely have original or older components (like plumbing, wiring, or windows) that may need evaluation and potential upgrading. Its construction era also often means simpler, functional layouts and solid craftsmanship.
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