174 Riveroaks Drive

Bruce Park, Winnipeg

Property score

65.7

Good

Overall 65.7 · Newer than most nearby homes

1,328 sqft (top 41%) · Built in 1949 (9 yrs newer than avg)

Located in a above-average income area with median household income of ~81k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 9 dining spots, 3 schools, 3 shops, and 3 parks nearby

Living Area

Near average

0% smaller than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 88%French · 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

65.7 is composed by the two sections below.

Property Score

61.0Fair
Living Area1,328 sqft71Good
Year Built194930Low
Lot Size5,189 sqft67Good
Neighbourhood Sales Activity48Low

Community Score

72.7Good
Household Income77Good
Education Level63Fair
Housing Stress63Fair
Core Housing Need63Fair
Employment Health90Excellent

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: #46110249

Community deep dive

$81K

Median household income

$87K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

30%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)364
Labour force participation rate80%
Median age40.8
Avg household size2.2
Unemployment rate6%
Population density3309 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households30%
Couple families with children21%
Median household income (2020)$81K

Housing

Renter households14%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority16%
Bachelor's or higher (25–64)31%
Mother tongue (1st)English · 87%
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
1,328 sqft
0255075100
Same streetTop 47%Same areaTop 41%CitywideTop 40%
Same street · Riveroaks Drive
#16 / 34
Top 47% · Avg 1,237 sqft
Same area · Bruce Park
#248 / 606
Top 41% · Avg 1,330 sqft
Citywide · Winnipeg
#77,343 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
355k
0255075100
Same streetTop 6%Same areaTop 34%CitywideBottom 48%
Same street · Riveroaks Drive
#2 / 34
Top 6% · Avg 324.1k
Same area · Bruce Park
#205 / 606
Top 34% · Avg 352.3k
Citywide · Winnipeg
#101,160 / 194,458
Bottom 48% · Avg 390.1k

Year Built

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

Lot Size

around average
5,189 sqft
0255075100
Same streetTop 41%Same areaBottom 47%CitywideTop 50%

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

174 Riveroaks Drive — 24 amenities found within 500 m, across 6 categories, including 9 dining (nearest 154 m), 3 education (nearest 318 m), 3 shopping (nearest 183 m).

Search radius
🍽️Dining9
🏫Education3
🛒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 7/2024CA$450k–500k
Sold price

Same street

Top 14%

Same area

Top 10%

City-wide

Top 20%

Related homes

Highlights & common questions: 174 Riveroaks Drive, Winnipeg

Property Overview: 174 Riveroaks Drive, Bruce Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated two-storey home in Bruce Park sits on a generous 5,189 sqft lot, offering space and established charm. Built in 1949, it is notably newer than many of its immediate neighbours and local peers, suggesting potentially fewer concerns with the core structure compared to other homes of its era. The living space of 1,328 sqft is practical and in line with area norms. A key feature is the renovated basement, which adds valuable finished space and modern convenience to a classic home. The property’s strong assessed value relative to its street indicates it is viewed as a solid asset in its micro-market.

Its appeal lies in offering a balanced, grounded opportunity in a mature neighbourhood. It suits buyers looking for a character home without the extreme upkeep sometimes required of older properties, thanks to its relatively later build date and updated basement. It would also fit someone who values a larger lot for gardening, play, or future expansion, coupled with the practicality of a detached garage. The recent sale price significantly above the assessed value points to strong market recognition of its worth.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
While the listing confirms the basement is renovated, specifics on the finish quality, room layouts, ceiling height, and whether it includes a bathroom or legal egress should be verified through a viewing or with the seller.

2. How does the 1949 build year affect the home?
Being built post-war, it may incorporate some updated building materials and techniques compared to pre-1920s homes common in the area. However, a professional inspection is still crucial to assess the condition of original plumbing, electrical, and the roof, which are likely nearing or past their typical lifespan.

3. The lot is large, but how is it shaped and oriented?
The total square footage is valuable, but the lot's dimensions, sun exposure, and topography significantly impact its usability for decks, gardens, or additions. This is best evaluated in person.

4. The sale price was well above the assessed value. Why?
Municipal assessments for tax purposes often lag behind rapid market shifts. The sale price reflects what a buyer recently was willing to pay, likely driven by the home’s above-average condition (like the renovated basement), its desirable lot size, and its strong standing within the immediate area.

5. What is the neighbourhood character of this part of Bruce Park?
The tight grouping of homes on Riveroaks Drive and the consistent era of construction suggest a stable, established streetscape. Reviewing nearby properties can give a sense of upkeep standards and the mix of original owners versus new renovations.

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