106 Riverwest Road

Riverbend, Winnipeg

Property score

70.1

Good

Overall 70.1 · Smaller than most nearby homes

1,083 sqft (bottom 28%) · Built in 1999 (6 yrs newer than avg)

Located in a high-income area with median household income of ~117k

Transit 58.0 · 6-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, and 1 place of worship nearby

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Near average

6 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 7%

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

Sold Count

523

Median price

460k

$/sqft

$325/sqft

Avg build year

1993

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

70.1 is composed by the two sections below.

Property Score

58.4Fair
Living Area1,083 sqft52Fair
Year Built199984Excellent
Lot Size4,799 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

87.7Excellent
Household Income90Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46110760

Community deep dive

$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

Population, labour & age

Population (2021)1,063
Labour force participation rate79%
Median age38.8
Avg household size3.0
Unemployment rate10%
Population density4088 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households14%
Couple families with children42%
Median household income (2020)$117K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority20%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 7%

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

Rankings

Living Area

around average
1,083 sqft
0255075100
Same streetBottom 7%Same areaBottom 28%CitywideBottom 38%
Same street · Riverwest Road
#25 / 27
Bottom 7% · Avg 1,238 sqft
Same area · Riverbend
#1,234 / 1,712
Bottom 28% · Avg 1,288 sqft
Citywide · Winnipeg
#121,109 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
413k
0255075100
Same streetBottom 33%Same areaTop 47%CitywideTop 35%
Same street · Riverwest Road
#18 / 27
Bottom 33% · Avg 425.5k
Same area · Riverbend
#813 / 1,712
Top 47% · Avg 410.2k
Citywide · Winnipeg
#68,621 / 194,458
Top 35% · Avg 390.1k

Year Built

above average
1999
0255075100
Same streetTop 11%Same areaTop 32%CitywideTop 18%

Lot Size

around average
4,799 sqft
0255075100
Same streetBottom 15%Same areaTop 49%CitywideBottom 39%

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

106 Riverwest Road — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 404 m).

Search radius
🍽️Dining1
Worship1

Crime & Safety

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%

Sales History

Sold 10/2023CA$400k–450k
Sold price

Same street

Bottom 40%

Same area

Top 24%

City-wide

Top 26%

Related homes

Highlights & common questions: 106 Riverwest Road, Winnipeg

Property Overview: 106 Riverwest Road, Winnipeg

Key Characteristics & Buyer Appeal

This home at 106 Riverwest Road in Riverbend presents a practical and competitively positioned offering. Built in 1999, it is newer than most homes on its street and across Winnipeg, suggesting potentially lower maintenance needs and more modern building standards. With 1,083 sqft of living space, it is a compact home, smaller than most direct neighbors but closer to the citywide average, appealing to those seeking efficient, manageable space. The assessed value of $413k is consistently around average for the area, indicating a fair market positioning without a premium price tag.

The appeal lies in its balance and value. It offers a newer build in an established neighborhood without commanding a top-tier price. The lot size, while smaller than some on the street, is typical for Riverbend. This property would suit first-time buyers or downsizers looking for a modern, low-maintenance home in a stable area. It’s a sensible choice for those prioritizing a solid, newer structure over sheer square footage, and who find value in a home that is statistically average in price for its locale, avoiding the premiums of the largest homes on the block.


Frequently Asked Questions

1. Is this home smaller than others in the area?
Yes. At 1,083 sqft, the living area is below the average for both Riverwest Road and the broader Riverbend neighborhood, but it is much closer to the average for the entire city of Winnipeg.

2. How does its assessed value compare?
The $413,000 assessment is very close to the neighborhood average and is actually above the citywide average. On its own street, it ranks in the middle of the pack, indicating it is priced consistently with its immediate neighbors.

3. What is the advantage of the 1999 build year?
Built in 1999, this home is newer than over 80% of comparable homes across Winnipeg and is one of the newest on its street. This often translates to newer major systems (like roofing, wiring, or plumbing) and may align with more contemporary layouts and energy efficiency standards.

4. Can I get the exact past sale price?
The provided data shows a sold price range of $400k-$450k for October 2023. Due to data display rules, exact sold prices are not published on the site but can be requested directly via email from the provider for verification.

5. What are the less obvious points to consider?
While the home is smaller than its street neighbors, its value assessment is on par with them, suggesting the lot location and newer construction help balance the scale. Also, its lot size is typical for the neighborhood but smaller than the Winnipeg average, which may mean less yard upkeep—a potential plus for some buyers.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.