5 River Lane

Pulberry, Winnipeg

Property score

89.5

Excellent

Overall 89.5 · Larger than most nearby homes

3,265 sqft (top 1%) · Built in 1967 (1 yr newer than avg)

Located in a high-income area with median household income of ~134k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Above average

147% larger than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 77%French · 6%

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

Sold Count

428

Median price

463k

$/sqft

$402/sqft

Avg build year

1966

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Property score

89.5 is composed by the two sections below.

Property Score

87.8Excellent
Living Area3,265 sqft100Excellent
Year Built196752Fair
Lot Size16,227 sqft100Excellent
Neighbourhood Sales Activity48Low

Community Score

92.0Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

Pulberry

How to read: Share of sales in each ~$50k price band for “pulberry” (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: #46110992

Community deep dive

$134K

Median household income

$196K

Average household income

1%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

18%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)623
Labour force participation rate62%
Median age52.4
Avg household size2.5
Unemployment rate9%
Population density662 / km²

Households & income

Low income (LIM-AT, % pop.)1%
Single-person households18%
Couple families with children36%
Median household income (2020)$134K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority15%
Bachelor's or higher (25–64)70%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

Elite
3,265 sqft
0255075100
Same streetTop 6%Same areaTop 1%CitywideTop 1%
Same street · River Lane
#10 / 180
Top 6% · Avg 1,664 sqft
Same area · Pulberry
#12 / 1,363
Top 1% · Avg 1,320 sqft
Citywide · Winnipeg
#1,292 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
798k
0255075100
Same streetTop 10%Same areaTop 2%CitywideTop 2%
Same street · River Lane
#18 / 180
Top 10% · Avg 505.1k
Same area · Pulberry
#22 / 1,363
Top 2% · Avg 422.7k
Citywide · Winnipeg
#4,427 / 194,458
Top 2% · Avg 390.1k

Year Built

around average
1967
0255075100
Same streetBottom 37%Same areaTop 39%CitywideBottom 49%

Lot Size

Elite
16,227 sqft
0255075100
Same streetTop 15%Same areaTop 2%CitywideTop 2%

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

5 River Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 419 m).

Search radius
🌳Parks1

Crime & Safety

Pulberry · WPS public data · 2026

Annual incidents

18

2026

vs. city avg

-39%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

56%

Sales History

Sold 1/2023CA$0.95M–1M
Sold price

Same street

Top 7%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 5 River Lane, Winnipeg

Property Overview: 5 River Lane, Winnipeg

Key Characteristics & Appeal

This is a substantial, well-established property in the Pulberry neighborhood, distinguished by its generous scale. The home itself is notably spacious at 3,265 sqft, placing it in the top 1% for living area both in the neighborhood and city-wide. It sits on an expansive 16,227 sqft lot, which is more than double the neighborhood average, offering significant outdoor space and privacy—a rarity within the city.

The appeal lies in its combination of elite-level space and a premier lot size, balanced with a character-appropriate 1967 build date. While newer homes exist, the property’s assessed value of $798k and its recent sale near $1M reflect its premium positioning. It suits buyers looking for a legacy-sized home and lot who appreciate established neighborhoods. It’s ideal for those who prioritize interior volume and expansive grounds over a brand-new build, and for whom value is measured in enduring space and location rather than modern construction date.

Frequently Asked Questions

1. How does the age of the home affect its value?
While the 1967 build is around the average for the area, the value is driven overwhelmingly by the exceptional living space and lot size. Buyers should budget for updates consistent with a home of this era, but the property’s elite rankings in size metrics show these features far outweigh age in its valuation.

2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $798k is a strong benchmark for municipal taxation, but market conditions dictate the sale price. This home previously sold for approximately $950k-$1M, suggesting the market places a significant premium above the assessed value, a common trait for unique, high-end properties.

3. What does the lot size actually offer?
At over 16,000 sqft, the lot is not just large—it’s in the top 2% for the city. This allows for potential additions like gardens, pools, or outbuildings, provides substantial privacy from neighbors, and offers a sense of estate-like living uncommon in Winnipeg.

4. How does this property compare to others on the same street?
It stands out on River Lane. It has a larger living area than 94% of comparable homes on the street and a larger lot than 85% of them. It is a defining, above-average property within its own immediate block.

5. Where can I get verified historical sale data?
The provided sale price is sourced from public records. For a fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS-sourced sold data due to industry regulations.

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