62.4
Fair
Property score
62.4
Fair
Overall 62.4
Smaller and older than most nearby homes
948 sqft (bottom 13%)
Built in 1987 (6 yrs older than avg)
Located in a high-income area
with median household income of ~107k
Transit 64.0
5-min walk to transit with 2 nearby routes
Within 500m: 1 school, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 75%Tagalog · 5%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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62.4 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: #46110758
$107K
Median household income
$104K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
12%
Single-person households
45%
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
118 Spruce Thicket Walk — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 230 m), 2 parks (nearest 359 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 39% | Bottom 48% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 118 Spruce Thicket Walk, Winnipeg
Key Characteristics & Appeal
This 948 sqft home in Riverbend, built in 1987, presents a practical and affordable entry point into a well-established neighborhood. Its primary appeal lies in its value positioning. With an assessed value of $372k, it sits below the average for both its street and neighborhood, yet aligns closely with the citywide average. This suggests a competitively priced offering, especially for a buyer whose priority is location within Riverbend over square footage.
The home suits first-time buyers, downsizers, or investors seeking a lower-maintenance property. Its smaller living area and lot size (4,620 sqft) translate to manageable upkeep and utility costs. A thoughtful perspective is that while the home ranks below area averages in size, its "around average" citywide valuation indicates it's priced appropriately for what it is, not necessarily at a discount. The data shows it last sold between $350k-$400k in mid-2021, providing a recent benchmark. Buyers should see this as a functional home in a desirable area, where the investment is in the community more than in an expansive property.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The data suggests it is competitively priced. Its assessed value is below the street average ($390.1k), and its previous sale price was in the lower half of homes on Spruce Thicket Walk.
2. What should I expect regarding the home's condition given its age?
Built in 1987, the home is of an age where major components like the roof, windows, furnace, and plumbing may be nearing or due for replacement. A thorough inspection is essential to understand upcoming capital costs.
3. How does the smaller living area impact daily life and resale?
At 948 sqft, the floor plan will be compact. This efficiency appeals to minimalists or those looking to reduce living space, but it may feel constrained for those needing home offices or frequent guest space. Its below-average size for the area is a key factor in its pricing.
4. Are the property taxes likely to be lower?
Potentially, yes. Since property taxes are based on the assessed value, and this home's assessment is below the local averages, the tax bill should reflect that. However, always confirm the exact amount with municipal authorities.
5. How can I get the exact price it last sold for?
The provided sold price is a range. To obtain the exact figure, you must request it directly via email from the site, as they manually look up and provide this data due to industry regulations preventing its direct publication.
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