63.3
Fair
Property score
63.3
Fair
Overall 63.3
Smaller and older than most nearby homes
1,068 sqft (bottom 25%)
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: 6 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
Below average
17% 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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63.3 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
116 Timberwood Trail — 19 amenities found within 500 m, across 8 categories, including 6 dining (nearest 145 m), 2 education (nearest 286 m), 1 healthcare (nearest 140 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 | Top 41% | Bottom 49% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 116 Timberwood Trail, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1,068 sqft home, built in 1987, presents a solid, well-maintained option in the established Riverbend neighborhood. Its primary appeal lies in its balance and efficiency. The living space is very typical for its immediate street and is competitively sized city-wide, suggesting a practical layout without excess. A key standout is its assessed value of $381k, which ranks above average for Timberwood Trail itself, indicating it is perceived as a higher-quality home within its own row of similar houses.
The property suits buyers looking for a move-in ready home in a mature neighborhood without the premium of a new build. It’s particularly well-suited for first-time buyers, downsizers, or investors seeking a stable, low-drama property. A thoughtful perspective is that while the lot size is below average, this can mean less maintenance—an appeal for those seeking a manageable yard. Its "elite" ranking for year built on its street suggests it may be among the most recently built homes in that specific block, potentially implying newer systems or updates compared to immediate neighbors.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold between $350k-$400k in August 2021. Its current assessed value of $381k is above the street average, suggesting its official valuation has held strong.
2. Is the living space smaller than other homes in Riverbend?
Yes, at 1,068 sqft, it is below the neighborhood average of 1,288 sqft. However, it is very much in line with the average size of homes directly on Timberwood Trail (1,074 sqft).
3. What does the "elite" ranking for year built mean?
On its specific street, it is ranked #1 out of 69 comparable homes, meaning it is the newest or among the very newest houses on Timberwood Trail, built in 1987.
4. Is the lot size a significant drawback?
The lot is 3,994 sqft, which is smaller than averages for the street, neighborhood, and city. This means less outdoor space but also translates to lower maintenance for gardening and yard work.
5. How can I get the exact historical sold price?
The site provides sold price ranges publicly. For fully verified, exact sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.
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