69.4
Good
Property score
69.4
Good
Overall 69.4
Smaller than most nearby homes
1,079 sqft (bottom 27%)
Built in 1988 (5 yrs older than avg)
Located in a high-income area
with median household income of ~117k
Transit 68.0
3-min walk to transit with 1 nearby route
Within 500m: 4 dining spots, 1 school, 1 healthcare facility, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 7%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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69.4 is composed by the two sections below.
Property Score
Community Score
Riverbend
How to read: Share of sales in each ~$50k price band for “riverbend” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110760
$117K
Median household income
$136K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
14%
Single-person households
42%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
10 Hearthwood Grove — 10 amenities found within 500 m, across 6 categories, including 4 dining (nearest 383 m), 1 education (nearest 364 m), 1 healthcare (nearest 486 m).
Riverbend · WPS public data · 2026
Annual incidents
15
2026
vs. city avg
-49%
relative to avg
Year-over-year
▼ -91%
vs. prior year
Primary type
Property
47%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | Bottom 25% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 10 Hearthwood Grove, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1,079 sqft bungalow, built in 1988, presents a solid, middle-of-the-road offering in the established Riverbend neighborhood. Its primary appeal lies in its balance and stability rather than standout luxury. The home sits on a slightly larger-than-average lot for its street (4,916 sqft), offering good outdoor space potential. With an assessed value of $395,000, it aligns closely with city-wide averages, suggesting a fair market positioning without an excessive premium for its location.
The property is well-suited for first-time buyers, downsizers, or pragmatic investors seeking a manageable footprint in a mature community. Its appeal is grounded in being a "known quantity": it's newer than many Winnipeg homes, requires less immediate updating than much older stock, and its metrics consistently hover around local averages, indicating lower risk of overpaying relative to the immediate area. A thoughtful perspective is that this home represents the core of the neighborhood's housing fabric—it's not the largest or most valuable on the block, but it is a quintessential part of a stable, established streetscape, which can be a virtue for long-term consistency.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,079 sqft, the living area is slightly below the Riverbend neighborhood average but is very close to the average for Hearthwood Grove itself. It represents a comfortable, mid-range size for the area.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $395,000 is a municipal valuation for tax purposes. It serves as a useful benchmark, showing the home is priced within the central range for the street, neighborhood, and city. Market conditions, property condition, and recent upgrades will ultimately determine the sale price.
3. What does the year built (1988) indicate about the home?
Built in 1988, this home is newer than the average Winnipeg house and is among the newer homes on Hearthwood Grove. Buyers can expect construction standards and home systems (like wiring and plumbing) from the late 1980s, which may require updates but are generally more modern than those in much older homes.
4. How can I find out the exact price it last sold for?
The listing shows it sold between $300,000-$350,000 in September 2017. Due to data display rules, exact historical sale prices are provided manually upon request via email through the site's service.
5. What are the immediate neighboring properties like?
The provided data shows nearby homes on Hearthwood Grove and adjacent streets with a mix of sizes and values, from a 850 sqft home to a 2,006 sqft home. This suggests a varied but primarily residential streetscape with no extreme outliers, supporting the character of a diverse, established neighborhood.
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