192 Riveroaks Drive

Bruce Park, Winnipeg

Property score

67.1

Good

Overall 67.1 · Larger and newer than most nearby homes

1,443 sqft (top 30%) · Built in 1949 (9 yrs newer than avg)

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 9 dining spots, 3 schools, 1 healthcare facility, and 3 shops nearby

Living Area

Above average

8% larger 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

67.1 is composed by the two sections below.

Property Score

63.4Fair
Living Area1,443 sqft75Good
Year Built194930Low
Lot Size5,162 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

above average
1,443 sqft
0255075100
Same streetTop 12%Same areaTop 30%CitywideTop 34%
Same street · Riveroaks Drive
#4 / 34
Top 12% · Avg 1,237 sqft
Same area · Bruce Park
#182 / 606
Top 30% · Avg 1,330 sqft
Citywide · Winnipeg
#65,285 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
351k
0255075100
Same streetTop 12%Same areaTop 35%CitywideBottom 47%
Same street · Riveroaks Drive
#4 / 34
Top 12% · Avg 324.1k
Same area · Bruce Park
#212 / 606
Top 35% · Avg 352.3k
Citywide · Winnipeg
#103,913 / 194,458
Bottom 47% · Avg 390.1k

Year Built

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

Lot Size

around average
5,162 sqft
0255075100
Same streetTop 50%Same areaBottom 45%CitywideBottom 49%

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

192 Riveroaks Drive — 26 amenities found within 500 m, across 7 categories, including 9 dining (nearest 111 m), 3 education (nearest 318 m), 1 healthcare (nearest 485 m).

Search radius
🍽️Dining9
🏫Education3
🏥Healthcare1
🛒Shopping3
🌳Parks3
Fuel Stations2
Worship5

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 7/2021CA$350k–400k
Sold price

Same street

Top 29%

Same area

Top 19%

City-wide

Top 34%

Related homes

Highlights & common questions: 192 Riveroaks Drive, Winnipeg

Property Overview: 192 Riveroaks Drive, Bruce Park, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home, built in 1949, sits on a generous 5,162 sqft lot in the established Bruce Park neighbourhood. Its key appeal lies in a blend of character and above-average positioning within its immediate area. With 1,443 sqft of living space, the home is notably larger than many comparable houses on its street and in Bruce Park. A recently renovated basement adds modern, functional space, while the detached garage offers flexibility.

The home’s standout feature is its strong performance in local context metrics. It ranks in the top 12% of its street for living area, assessed value, and year built, meaning it is newer, larger, and more highly valued than most direct neighbours. Its last sale price in 2021 also placed it in the top 3% for the street, suggesting it has been a premium property in the area. This combination makes it ideal for buyers seeking a character home in a mature neighbourhood, but with the advantages of a relatively newer build, ample interior space, and a finished basement. It would suit a small family, a professional couple, or a downsizer looking for a manageable yet spacious home with room to grow and a private yard.

A thoughtful perspective: while the home is "newer" compared to its Bruce Park peers (top 17%), its 1949 construction still means it carries the potential maintenance considerations of a 77-year-old structure, balanced by the charm and solidity of its era. Its value is clearly anchored in its desirable location on Riveroaks Drive, as its city-wide rankings are more average, highlighting the premium of this specific pocket.

Frequently Asked Questions

1. How does the lot size compare?
At 5,162 sqft, the lot is very close to the average for both Riveroaks Drive and the broader Bruce Park area, offering a standard-sized yard for the neighbourhood.

2. What does the "Top 12%" ranking for Assessed Value mean?
This indicates the municipal assessed value of $351,000 is higher than 88% of similar homes on Riveroaks Drive. It generally reflects the property’s perceived market value relative to its immediate peers, though the 2021 sale price of $400,000 is the more current market indicator.

3. Is the home older than most in Winnipeg?
Yes. While it’s newer than many homes in Bruce Park, city-wide data shows it’s older than about 73% of Winnipeg homes, which is typical for established, inner-city neighbourhoods.

4. What is a "one-and-a-half storey" style?
This is a classic Winnipeg design, typically featuring a full main floor and a second floor with sloping ceilings where the roofline begins, often creating cozy bedrooms with character. It distinguishes it from a full two-storey home.

5. The data shows strong local rankings but more average city-wide ones. How significant is this?
This is a key point. It signifies that the home is a standout property within the sought-after Bruce Park/Riveroaks Drive area. Buyers are paying a premium for this specific location, as the home’s attributes are more exceptional locally than they would be if compared to all Winnipeg suburbs.

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