69.0
Good
Property score
69.0
Good
Overall 69.0
Older than most nearby homes
1,280 sqft (top 42%)
Built in 1987 (6 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 7 dining spots, 2 schools, 1 healthcare facility, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 74%Tagalog · 5%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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69.0 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: #46111234
$93K
Median household income
$98K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
16%
Single-person households
31%
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
108 Timberwood Trail — 20 amenities found within 500 m, across 8 categories, including 7 dining (nearest 120 m), 2 education (nearest 308 m), 1 healthcare (nearest 118 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 15% | Bottom 14% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 108 Timberwood Trail, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1,280 sqft home, built in 1987, presents a practical and competitively positioned offering in the Riverbend neighborhood. Its core appeal lies in offering solid space and a newer build year relative to its immediate surroundings, often at a value-conscious price point.
On Timberwood Trail itself, the home stands out positively: its living area is above the street average, and it is the newest home among its 69 direct peers. However, the broader context shows a more nuanced picture. Its assessed value is below both the street and neighborhood averages, which could indicate a potential value opportunity for a buyer, or may reflect factors like updates needed or lot size (which is smaller than area norms). This combination makes it a compelling prospect for first-time buyers, downsizers, or value-focused investors seeking a home with a good foundation in a stable area. It suits someone who prioritizes interior space and a relatively modern build within a mature community, and who is comfortable with a standard-sized urban lot.
A less obvious perspective is that this property represents a "street standout" in a "neighborhood-conforming" package. It offers the pride of owning one of the newest and more spacious homes on its block, while its pricing aligns with the more modest tier of the wider area, potentially easing entry into the community.
Frequently Asked Questions
1. Is this home priced below average for the area?
Yes, based on assessed values. The home’s assessed value of $351k is below the average for both Timberwood Trail ($370k) and the wider Riverbend neighborhood ($410.2k).
2. How does the size compare to nearby homes?
The 1,280 sqft living area is larger than the average home on Timberwood Trail (1,074 sqft), about average for Riverbend, and slightly below the Winnipeg average.
3. What is the lot size?
The lot is 4,031 sqft. This is around average for the street but below the average lot size for both the Riverbend neighborhood and the city overall.
4. When was it last sold and for how much?
Public records indicate a sale between July 2016 for a price in the range of CA$250,000–$300,000. For verified, exact historical sale figures, a manual lookup can be requested.
5. How does the year built compare?
Built in 1987, it is the newest home among the 69 comparable properties on Timberwood Trail. It is older than the average home in Riverbend but newer than the average home across Winnipeg.
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