115 Timberwood Trail

Riverbend, Winnipeg

63.9

Fair

Overall 63.9

Smaller and older than most nearby homes

1,040 sqft (bottom 21%)

Built in 1986 (7 yrs older than avg)

Located in a high-income area

with median household income of ~93k

Transit 74.0

2-min walk to transit with 2 nearby routes

Within 500m: 6 dining spots, 2 schools, 1 healthcare facility, and 3 parks nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 74%Tagalog · 5%

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

Sold Count

523

Median price

460k

$/sqft

$325/sqft

Avg build year

1993

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Property score

63.9 is composed by the two sections below.

Property Score

56.1Fair
Living Area1,040 sqft52Fair
Year Built198678Good
Lot Size4,198 sqft53Fair
Neighbourhood Sales Activity28Low

Community Score

75.7Good
Household Income82Excellent
Education Level54Fair
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health68Good

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: #46111234

Community deep dive

$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

Population, labour & age

Population (2021)1,017
Labour force participation rate63%
Median age38.0
Avg household size2.8
Unemployment rate7%
Population density2365 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households16%
Couple families with children31%
Median household income (2020)$93K

Housing

Renter households11%
Condominium dwellings4%
Median dwelling value (owners)$336K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority29%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

around average
1,040 sqft
0255075100
Same streetBottom 46%Same areaBottom 21%CitywideBottom 32%
Same street · Timberwood Trail
#37 / 69
Bottom 46% · Avg 1,074 sqft
Same area · Riverbend
#1,349 / 1,712
Bottom 21% · Avg 1,288 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
360k
0255075100
Same streetBottom 42%Same areaBottom 22%CitywideTop 50%
Same street · Timberwood Trail
#40 / 69
Bottom 42% · Avg 370k
Same area · Riverbend
#1,340 / 1,712
Bottom 22% · Avg 410.2k
Citywide · Winnipeg
#97,764 / 194,458
Top 50% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetBottom 29%Same areaBottom 14%CitywideTop 27%

Lot Size

around average
4,198 sqft
0255075100
Same streetBottom 36%Same areaBottom 24%CitywideBottom 29%

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

115 Timberwood Trail — 18 amenities found within 500 m, across 7 categories, including 6 dining (nearest 156 m), 2 education (nearest 262 m), 1 healthcare (nearest 130 m).

Search radius
🍽️Dining6
🏫Education2
🏥Healthcare1
🌳Parks3
💪Sports1
🏦Finance1
Fuel Stations4

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 115 Timberwood Trail.

🗑️

Garbage

wednesday

♻️

Recycling

wednesday

🍂

Yard Waste

wednesday a

Sales History

Sold 11/2022CA$300k–350k
Sold price

Same street

Top 48%

Same area

Bottom 36%

City-wide

Top 50%

Related homes

Highlights & common questions: 115 Timberwood Trail, Winnipeg

Property Summary: 115 Timberwood Trail, Winnipeg

Key Characteristics & Appeal

This home at 115 Timberwood Trail in Riverbend is a solid, mid-sized property that represents a practical entry point into the neighborhood. Built in 1986, its 1,040 sqft living area and $360k assessed value are very typical for its specific street, placing it firmly in the middle of the pack among immediate neighbors. Its appeal lies in its stability and predictability—it’s not an outlier in size, value, or lot size (4,198 sqft), which can be reassuring. It suits first-time buyers or those looking for a manageable, no-surprises home in an established area. A thoughtful perspective is that, while its metrics are average for the street, they are below the broader Riverbend neighborhood averages, suggesting it may offer relative value within a desirable area. Furthermore, being newer than the Winnipeg city-wide average for comparable homes is a subtle plus, potentially indicating fewer age-related issues than many city properties.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
It last sold between $300k-$350k in November 2022. Its current $360k assessed value is near the average for Timberwood Trail but below the neighborhood average, positioning it as a competitively valued option in Riverbend.

2. Is the living space smaller than other homes in the area?
At 1,040 sqft, it is slightly below the Riverbend neighborhood average but is very close to the average for homes on Timberwood Trail itself. It offers a standard footprint for this specific street.

3. What does the year built (1986) indicate?
The home is older than most in Riverbend but is newer than the typical comparable home across Winnipeg. This suggests a balance of established community character while likely benefiting from more modern construction standards than many city-wide properties.

4. How does the lot size affect the property?
The 4,198 sqft lot is smaller than both the neighborhood and city averages. This typically means lower maintenance but may limit expansion potential. It is, however, close to the average for the street.

5. Where can I get verified sale price history?
The provided sold price is an estimated range from public data. For fully verified and exact transaction figures, you must request a manual lookup via email, as this site does not display MLS sold records due to industry rules.

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