704 Riverwood Avenue

Point Road, Winnipeg

Property score

57.4

Fair

Overall 57.4 · Smaller than most nearby homes

844 sqft (bottom 9%) · Built in 1949 (2 yrs newer than avg)

Located in a high-income area with median household income of ~115k

Transit 56.0 · 3-min walk to transit with 1 nearby route · Within 500m: 2 schools, 2 parks, and 2 place of worships nearby

Living Area

Below average

36% smaller than neighborhood avg.

Year Built

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 3%

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

Sold Count

224

Median price

482.5k

$/sqft

$360/sqft

Avg build year

1947

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Property score

57.4 is composed by the two sections below.

Property Score

37.9Low
Living Area844 sqft32Low
Year Built194930Low
Lot Size5,865 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

86.7Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

Neighbourhood Sales

Point Road

How to read: Share of sales in each ~$50k price band for “point road” (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: #46110441

Community deep dive

$115K

Median household income

$116K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

20%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)598
Labour force participation rate54%
Median age44.4
Avg household size2.5
Unemployment rate7%
Population density2392 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households20%
Couple families with children31%
Median household income (2020)$115K

Housing

Renter households8%
Condominium dwellings14%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority14%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 84%
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

below average
844 sqft
0255075100
Same streetBottom 9%Same areaBottom 9%CitywideBottom 12%
Same street · Riverwood Avenue
#118 / 130
Bottom 9% · Avg 1,280 sqft
Same area · Point Road
#639 / 705
Bottom 9% · Avg 1,311 sqft
Citywide · Winnipeg
#170,542 / 194,458
Bottom 12% · Avg 1,342 sqft

Tax-Assessed Value

around average
358k
0255075100
Same streetBottom 40%Same areaBottom 30%CitywideBottom 49%
Same street · Riverwood Avenue
#78 / 130
Bottom 40% · Avg 386.3k
Same area · Point Road
#492 / 705
Bottom 30% · Avg 399k
Citywide · Winnipeg
#99,164 / 194,458
Bottom 49% · Avg 390.1k

Year Built

around average
1949
0255075100
Same streetBottom 38%Same areaBottom 43%CitywideBottom 27%

Lot Size

around average
5,865 sqft
0255075100
Same streetBottom 27%Same areaTop 50%CitywideTop 36%

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

704 Riverwood Avenue — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 153 m), 2 parks (nearest 353 m).

Search radius
🏫Education2
🌳Parks2
Worship2

Crime & Safety

Point Road · 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

100%

Sales History

Sold 9/2017CA$300k–350k
Sold price

Same street

Bottom 43%

Same area

Bottom 32%

City-wide

Bottom 42%

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