3 Riverside Drive E

Lord Roberts, Winnipeg

Property score

69.9

Good

Overall 69.9 · Larger and newer than most nearby homes

1,220 sqft (top 24%) · Built in 1979 (46 yrs newer than avg)

Located in a high-income area with median household income of ~93k

Transit 82.0 · 5-min walk to transit with 6 nearby routes · Within 500m: 4 parks, and 1 sports facility nearby

Living Area

Above average

14% larger than neighborhood avg.

Year Built

Above average

46 yrs newer than neighborhood avg.

Mother tongue

English · 81%Chinese · 2%

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

Sold Count

770

Median price

290k

$/sqft

$288/sqft

Avg build year

1933

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Property score

69.9 is composed by the two sections below.

Property Score

62.7Fair
Living Area1,220 sqft66Good
Year Built197967Good
Lot Size3,191 sqft38Low
Neighbourhood Sales Activity80Good

Community Score

80.8Excellent
Household Income82Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Lord Roberts

How to read: Share of sales in each ~$50k price band for “lord roberts” (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: #46110444

Community deep dive

$93K

Median household income

$121K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

30%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)551
Labour force participation rate70%
Median age41.6
Avg household size2.2
Unemployment rate5%
Population density903 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households30%
Couple families with children20%
Median household income (2020)$93K

Housing

Renter households18%
Condominium dwellings16%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority12%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Chinese · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,220 sqft
0255075100
Same streetBottom 25%Same areaTop 24%CitywideTop 48%
Same street · Riverside Drive E
#41 / 55
Bottom 25% · Avg 1,626 sqft
Same area · Lord Roberts
#430 / 1,828
Top 24% · Avg 1,071 sqft
Citywide · Winnipeg
#93,750 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
261k
0255075100
Same streetBottom 2%Same areaBottom 48%CitywideBottom 20%
Same street · Riverside Drive E
#54 / 55
Bottom 2% · Avg 485.3k
Same area · Lord Roberts
#947 / 1,828
Bottom 48% · Avg 286.7k
Citywide · Winnipeg
#156,069 / 194,458
Bottom 20% · Avg 390.1k

Year Built

above average
1979
0255075100
Same streetTop 11%Same areaTop 7%CitywideTop 34%

Lot Size

around average
3,191 sqft
0255075100
Same streetBottom 2%Same areaTop 42%CitywideBottom 15%

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

3 Riverside Drive E — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 268 m).

Search radius
🌳Parks4
💪Sports1

Crime & Safety

Lord Roberts · WPS public data · 2026

Annual incidents

42

2026

vs. city avg

+42%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

74%

Sales History

Sold 6/2019CA$250k–300k
Sold price

Same street

Bottom 10%

Same area

Top 48%

City-wide

Bottom 25%

Related homes

Highlights & common questions: 3 Riverside Drive E, Winnipeg

Property Overview: 3 Riverside Drive E, Lord Roberts, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a distinct value proposition within the desirable Lord Roberts neighbourhood. Built in 1979, it is notably newer than most homes in the area, which could mean fewer concerns with aging infrastructure. With 1,220 sqft of living space, it offers a practical footprint that is manageable yet comfortable.

Its primary appeal lies in its location and value. The property sits on a modest 3,191 sqft lot, which translates to less yard maintenance—a potential benefit for those seeking a low-maintenance lifestyle without sacrificing the prestige of the Riverside Drive address. The assessed value is significantly lower than that of its immediate neighbours, suggesting a potentially lower property tax burden and an entry point into a well-established area.

This home would best suit a first-time buyer, a downsizer, or an investor looking for a foothold in a central, mature neighbourhood. It’s for someone who prioritizes location and a newer build over expansive square footage or a large yard. A thoughtful buyer might see the smaller lot and below-average assessments for the street not as drawbacks, but as opportunities for value appreciation through strategic updates, given the strong surrounding property values.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring homes?
The assessed value is based on the property's specific attributes, including its smaller lot size and living area compared to others on Riverside Drive. This can result in lower property taxes, which is a practical advantage for the buyer.

2. What does "newer build" mean in this context?
Constructed in 1979, this home is decades newer than the typical early-to-mid-20th century houses that dominate Lord Roberts. This often means updated electrical, plumbing, and insulation standards from that era.

3. Is the smaller lot a major disadvantage?
It depends on your lifestyle. The lot is below average for the street but near the city average. It requires less upkeep, which is ideal for those with busy schedules or who prefer not to manage extensive landscaping.

4. How does the sold price history inform the current value?
The home sold for an estimated $250k–$300k in 2019. This historical data provides a benchmark, but current market conditions, any improvements made since then, and the unique value of its newer construction will influence its present market price.

5. What is the neighbourhood like?
Lord Roberts is a central, mature neighbourhood near the Assiniboine River. It features tree-lined streets, character homes, and is close to amenities like parks, schools, and Jubilee Avenue. This property offers a way to access that established community.

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