78.9
Good
Property score
78.9
Good
Overall 78.9
Larger and newer than most nearby homes
1,473 sqft (top 28%)
Built in 2005 (12 yrs newer than avg)
Located in a high-income area
with median household income of ~130k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
14% larger than neighborhood avg.
Year Built
Above average
12 yrs newer than neighborhood avg.
Mother tongue
English · 64%Punjabi · 8%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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78.9 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: #46110762
$130K
Median household income
$133K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
10%
Single-person households
47%
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
115 Frog Plain Way — 5 amenities found within 500 m, across 3 categories, including 1 dining (nearest 421 m), 1 education (nearest 291 m), 3 parks (nearest 219 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 21% | Top 28% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 115 Frog Plain Way, Riverbend, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,473 sqft home, built in 2005, presents a solid, move-in ready opportunity in the established Riverbend neighborhood. Its primary appeal lies in its strong value positioning within a desirable community. The home’s assessed value of $504k ranks well above average for both the neighborhood and city-wide, suggesting a quality build and favorable perception relative to its peers, while the living space is practical and in line with city norms.
The property would suit buyers looking for a balanced, low-drama purchase—those who prioritize a newer construction home (circa 2005) in a mature area over a brand-new build on the outskirts. It’s particularly well-suited for professionals or small families seeking a stable community without the premium of a top-tier lot size, as the yard is slightly more compact than some area averages. The data indicates a history of solid value retention, making it a sensible choice for a long-term holder rather than a short-term flipper.
A less obvious perspective is that this home represents a "sweet spot" in its immediate vicinity. On its own street, its living area is slightly below the local average, yet it commands an assessed value in the top quarter. This disconnect could signal superior finishes, a better layout, or a more premium lot position compared to its direct neighbors, offering potential upside that isn't immediately apparent from square footage alone.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The property last sold in September 2020 for between $400k-$450k. Its current assessed value of $504k is significantly higher, reflecting market appreciation and its above-average ranking within Riverbend (top 7% for value in the neighborhood).
2. Is the lot size a drawback?
At 4,615 sqft, the lot is above average for Frog Plain Way but around the median for the wider Riverbend area. It provides a standard suburban yard. Buyers seeking extensive outdoor space may find it compact, but it aligns with the efficient land use typical of homes built in the 2000s.
3. What does the "Above Average" assessed value ranking mean?
It means this home’s official city assessment is higher than most comparable homes in its scope. On its street, it ranks in the top 25%, and in the Riverbend neighborhood, it ranks in the top 7%. This often correlates with better construction, materials, or upgrades, but it also influences property tax calculations.
4. How can I verify the exact past sale price?
The site provides sold price ranges for non-members. Due to industry rules, exact MLS sale figures are not displayed publicly here. You can request the exact sold price history via email through the provided form for a manual lookup.
5. The home is newer than most in Winnipeg, but what about its immediate area?
Built in 2005, it is newer than the average Winnipeg home (1966). On its street, the build year is exactly at the street average, indicating the surrounding homes are of a very similar vintage, creating a consistent streetscape. In the broader Riverbend area, it is newer than the neighborhood average (1993).
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