122 Riverton Avenue

Glenelm, Winnipeg

Property score

61.0

Fair

Overall 61.0 · Newer than most nearby homes

1,208 sqft (top 40%) · Built in 2006 (81 yrs newer 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

Near average

4% larger than neighborhood avg.

Year Built

Above average

81 yrs newer 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

61.0 is composed by the two sections below.

Property Score

63.4Fair
Living Area66
1,208 sqftGood
Year Built90
2006Excellent
Lot Size18
2,497 sqftLow
Neighbourhood Sales Activity61
Fair

Community Score

57.5Fair
Household Income66
Good
Education Level22
Low
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health42
Low

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
1,208 sqft
0255075100
Same streetTop 20%Same areaTop 40%CitywideTop 49%
Same street · Riverton Avenue
#40 / 199
Top 20% · Avg 1,035 sqft
Same area · Glenelm
#341 / 842
Top 40% · Avg 1,165 sqft
Citywide · Winnipeg
#95,958 / 194,458
Top 49% · Avg 1,342 sqft

Tax-Assessed Value

Elite
389k
0255075100
Same streetTop 3%Same areaTop 5%CitywideTop 41%
Same street · Riverton Avenue
#6 / 199
Top 3% · Avg 218k
Same area · Glenelm
#44 / 842
Top 5% · Avg 254.5k
Citywide · Winnipeg
#80,204 / 194,458
Top 41% · Avg 390.1k

Year Built

Elite
2006
0255075100
Same streetTop 8%Same areaTop 1%CitywideTop 14%

Lot Size

below average
2,497 sqft
0255075100
Same streetBottom 2%Same areaBottom 2%CitywideBottom 4%

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

122 Riverton Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 492 m), 2 education (nearest 156 m), 2 shopping (nearest 324 m).

Search radius
🍽️Dining1
🏫Education2
🛒Shopping2
🌳Parks5
Worship2

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 2/2021CA$400k–450k
Sold price

Same street

Top 1%

Same area

Top 3%

City-wide

Top 26%
Sold 9/2019CA$400k–450k
Sold price

Same street

Top 2%

Same area

Top 4%

City-wide

Top 29%

Related homes

Highlights & common questions: 122 Riverton Avenue, Winnipeg

Property Summary: 122 Riverton Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Glenelm presents a distinct profile. Its primary appeal lies in being a modern, low-maintenance property within an established neighborhood. Built in 2006, it is a notably newer construction compared to most homes on its street and in the area, which largely date back to the early 20th century. This translates to likely fewer immediate major repairs and modern building standards.

The 1,208 sqft living area is spacious for the immediate area, ranking in the top 20% on Riverton Avenue. It features a renovated basement and a detached garage. The home’s standout characteristic is its high assessed value relative to its neighbors, placing it in the elite top 3-5% for its street and neighborhood. This suggests significant improvements, premium finishes, or a valuation that reflects its modern build in a historic area.

However, the lot size is compact at 2,497 sqft, ranking in the bottom tier for the area. This means minimal yard upkeep but limited private outdoor space.

This property would ideally suit buyers seeking a turn-key, modern home in a mature neighborhood without the typical upkeep of a century-old house. It appeals to those who prioritize interior space and contemporary amenities over a large yard. It may also attract investors or buyers looking for a property with a strong assessed value footprint in a transitioning area.

Section 2: Frequently Asked Questions

1. Why is the assessed value so high compared to nearby homes?
The assessed value is likely high due to the home's modern construction (2006) and renovated condition compared to the much older housing stock that dominates the area's average. Significant improvements and quality finishes are also key factors.

2. What are the implications of the smaller lot size?
The compact lot means lower maintenance for landscaping and snow clearing, but it offers limited space for additions, large gardens, or extensive outdoor recreation. Privacy from neighbors may also be reduced.

3. How does the recent sale history inform the current value?
The home sold in 2021 and 2019 at prices consistent with its top-tier assessed value for the neighborhood. This history indicates a stable, premium market position for this specific property, though broader market conditions should always be considered.

4. Is this a good option for someone wanting a "character" home?
Not typically. While located in an established area, this is a modern two-storey. Buyers specifically seeking original hardwood, architectural details, or the charm of a pre-war home would find this property quite different in character.

5. What is the neighborhood (Glenelm) like?
Glenelm is an established, quiet neighborhood with mostly older homes. This property offers a unique blend of new construction within that classic setting, potentially offering the best of both worlds: neighborhood maturity with modern home conveniences.