121 Riverton Avenue

Glenelm, Winnipeg

Property score

50.9

Fair

Overall 50.9 · Older than most nearby homes

1,140 sqft (top 50%) · Built in 1912 (13 yrs older than avg)

Located in a above-average income area with median household income of ~64k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 shops, and 4 parks nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Below average

13 yrs older than neighborhood avg.

Mother tongue

English · 78%Tagalog · 2%

Past 10 years Glenelm sales snapshot (~80% of all data)

Sold Count

367

Median price

261.1k

$/sqft

$330/sqft

Avg build year

1925

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Property score

50.9 is composed by the two sections below.

Property Score

46.5Low
Living Area1,140 sqft60Fair
Year Built191216Low
Lot Size2,502 sqft28Low
Neighbourhood Sales Activity61Fair

Community Score

57.5Fair
Household Income66Good
Education Level22Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health42Low

Neighbourhood Sales

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.

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: #46110680

Community deep dive

$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

Population, labour & age

Population (2021)455
Labour force participation rate54%
Median age36.8
Avg household size2.3
Unemployment rate19%
Population density2676 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households35%
Couple families with children20%
Median household income (2020)$64K

Housing

Renter households37%
Condominium dwellings7%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority10%
Bachelor's or higher (25–64)13%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 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
1,140 sqft
0255075100
Same streetTop 30%Same areaTop 50%CitywideBottom 44%
Same street · Riverton Avenue
#59 / 199
Top 30% · Avg 1,035 sqft
Same area · Glenelm
#422 / 842
Top 50% · Avg 1,165 sqft
Citywide · Winnipeg
#109,190 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
187k
0255075100
Same streetBottom 37%Same areaBottom 10%CitywideBottom 7%
Same street · Riverton Avenue
#125 / 199
Bottom 37% · Avg 218k
Same area · Glenelm
#758 / 842
Bottom 10% · Avg 254.5k
Citywide · Winnipeg
#181,684 / 194,458
Bottom 7% · Avg 390.1k

Year Built

around average
1912
0255075100
Same streetTop 45%Same areaBottom 26%CitywideBottom 8%

Lot Size

below average
2,502 sqft
0255075100
Same streetBottom 12%Same areaBottom 5%CitywideBottom 5%

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

121 Riverton Avenue — 13 amenities found within 500 m, across 6 categories, including 1 dining (nearest 449 m), 2 education (nearest 176 m), 2 shopping (nearest 340 m).

Search radius
🍽️Dining1
🏫Education2
🛒Shopping2
🌳Parks4
Worship3
🏛️Government1

Crime & Safety

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%

Sales History

Sold 2/2024CA$150k–200k
Sold price

Same street

Bottom 24%

Same area

Bottom 11%

City-wide

Bottom 5%
Sold 10/2020CA$150k–200k
Sold price

Same street

Bottom 30%

Same area

Bottom 14%

City-wide

Bottom 6%
Sold 1/2017CA$150k–200k
Sold price

Same street

Bottom 18%

Same area

Bottom 7%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 121 Riverton Avenue, Winnipeg

Property Overview: 121 Riverton Avenue, Glenelm, Winnipeg

Key Characteristics & Buyer Appeal

This one-and-a-half storey home, built in 1912, presents a practical opportunity in Winnipeg's Glenelm neighbourhood. Its key appeal lies in its efficient 1,140 sqft living space, which is notably above average for similar homes on Riverton Avenue itself. The property sits on a modest 2,502 sqft lot. Recent sale prices and its current assessed value are significantly below city-wide averages, indicating an accessible entry point into the market.

The home would best suit a value-conscious buyer, such as a first-time homeowner or an investor, who is comfortable with a property that has a functional but unrenovated basement. Its stronger performance in street-level comparisons suggests it may offer relative value within its immediate block. A thoughtful perspective for a buyer is to weigh the charm and potential of a century-old home against the lower maintenance footprint of a smaller lot, which can mean less outdoor upkeep. This isn't a sprawling property, but rather a focused chance to own a character home with above-average interior space for its direct vicinity.

Frequently Asked Questions

1. Is the assessed value the same as the market value?
No, the assessed value (listed as $18.70k) is for municipal tax purposes. Market value is determined by what a buyer is willing to pay, as reflected in recent sold price ranges.

2. What does "below average" for land area in the neighbourhood mean practically?
It means the lot is smaller than most in Glenelm. This typically results in lower property taxes and less yard maintenance, but also limits expansion possibilities and outdoor space.

3. The home sold recently in 2024 and 2020. What does that indicate?
The recent sales activity suggests the property may be of interest to investors or that it's seen as a turnkey opportunity for homeowners not looking for a long-term hold. It's wise to investigate the reasons for the quick turnover.

4. How significant is the unrenovated basement?
This indicates the basement is functional but dated. It represents both a potential future project and a current cost-saving, as you aren't paying a premium for a finished space. An inspection is crucial to assess its condition.

5. Why does the home rank better on its street than in the wider area?
This often highlights a street with uniformly modest, older homes. The property's living area is competitive there, but when compared to all of Glenelm or Winnipeg—which includes newer homes and larger lots—its older age and smaller land size place it in a lower percentile.

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