68.7
Good
Property score
68.7
Good
Overall 68.7
Smaller than most nearby homes
1,036 sqft (bottom 19%)
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: 6 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
20% 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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68.7 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
114 Hearthwood Grove — 16 amenities found within 500 m, across 8 categories, including 6 dining (nearest 238 m), 1 education (nearest 492 m), 1 healthcare (nearest 421 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 47% | Bottom 29% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 114 Hearthwood Grove, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1988-built home in Riverbend presents a practical and competitively positioned offering. With 1,036 sqft of living space, it is modestly sized compared to its immediate street and neighborhood, yet it aligns closely with the Winnipeg city-wide average. Its assessed value of $357k sits comfortably around the city average and is notably below the Riverbend neighborhood average, suggesting a potentially more accessible entry point into the area.
The appeal lies in its balance and efficiency. The home is newer than most in Winnipeg, offering modern construction basics without the premium of a brand-new build. While the lot size is smaller than average, this can translate to lower maintenance, appealing to those seeking a manageable yard. It suits first-time buyers, downsizers, or investors looking for a straightforward property in a stable neighborhood without overextending. A thoughtful perspective is that its "average" metrics city-wide, combined with a below-average price for Riverbend, indicate it may offer better relative value within its specific community than the raw numbers suggest.
Frequently Asked Questions
1. How does this home's value compare to recent sales?
The property last sold between $300k-$350k in August 2020. Its current assessed value of $357k is around the city-wide average. For verified, exact historical sale prices, you can request a manual lookup via email.
2. Is the living space significantly smaller than neighboring homes?
Yes, at 1,036 sqft, it is below the average for both Hearthwood Grove (1,126 sqft) and the wider Riverbend area (1,288 sqft). This indicates a more compact, efficient layout.
3. What does the year built tell us about the property?
Built in 1988, the home is newer than 76% of comparable properties across Winnipeg, which is a positive for foundational elements like wiring and plumbing. On its street, it's one of the newer homes.
4. How does the lot size impact the property?
The 4,196 sqft lot is smaller than most on the street and in the city. This means less outdoor maintenance but also less private space, which is a key consideration for families or gardening enthusiasts.
5. Where can I see how this property compares visually to its neighbors?
You can open the dedicated neighbourhood analysis page to view this property on a map alongside nearby homes, comparing year built, living area, value, and lot size in detail.
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.
