Property score
33.1
Below average
Overall 33.1 · Smaller and older than most nearby homes
620 sqft (bottom 1%) · Built in 1910 (15 yrs older than avg)
Located in a above-average income area with median household income of ~64k
Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 shops, and 5 parks nearby
Living Area
Below average
47% smaller than neighborhood avg.
Year Built
Below average
15 yrs older than neighborhood avg.
Mother tongue
English · 78%Tagalog · 2%
Past 10 years Glenelm sales snapshot (~80% of all data)
367
261.1k
$330/sqft
1925
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33.1 is composed by the two sections below.
Property Score
Community Score
Glenelm
How to read: Share of sales in each ~$50k price band for “glenelm” (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: #46110680
$64K
Median household income
$71K
Average household income
16%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
35%
Single-person households
20%
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
118 Riverton Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 496 m), 2 education (nearest 171 m), 2 shopping (nearest 339 m).
Glenelm · WPS public data · 2026
Annual incidents
13
2026
vs. city avg
-56%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
69%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 2% | Bottom 2% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 118 Riverton Avenue, Glenelm, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1910, presenting a unique and highly affordable entry point into Winnipeg’s Glenelm neighborhood. Its key characteristic is its modest scale: with 620 sqft of living space and a 2,498 sqft lot, it is significantly smaller than most homes on its street, in the area, and across the city. This is reflected in its very low municipal assessed value.
The primary appeal lies in its potential as a minimal-footprint starter home or a strategic investment property in an established, central neighborhood. It suits a very specific type of buyer: a hands-on individual or investor looking for the lowest possible price point to get into the market, who is comfortable with a project. The detached garage adds practical value. A less obvious perspective is that its small size and low taxes could appeal to someone seeking a simplified, low-cost lifestyle without leaving the city, or to an investor considering it as a long-term hold in a neighborhood that may see incremental renewal.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based primarily on the home's very small size (square footage) and its unrenovated state compared to typical area homes, resulting in a valuation far below averages for the street, neighborhood, and city.
2. What should I budget beyond the purchase price?
Given the home's age and the note that the basement is "not renovated," buyers should budget for immediate maintenance, potential updates, and possibly foundational or system repairs common to houses of this vintage. Its small size may keep some renovation costs proportionally lower.
3. Is this a good investment?
As an investment, it offers a very low entry cost. The potential for value increase would likely depend on strategic renovations and overall market trends in Glenelm. Its rental appeal may be to tenants seeking single-level, low-rent options.
4. How does the small lot size impact the property?
The lot is smaller than most in the area, which means less outdoor space for gardening or expansion. However, it also translates to less maintenance and lower landscaping costs, which some buyers may prefer.
5. Can I get the exact historical sale price?
The listed sale price is a public data range. The exact sale price from September 2019 is available by request directly from SaveOnHouse via the email link provided on the property page.
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