71.6
Good
Property score
71.6
Good
Overall 71.6
Older than most nearby homes
1,271 sqft (top 44%)
Built in 1987 (6 yrs older than avg)
Located in a high-income area
with median household income of ~107k
Transit 64.0
6-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
Near average
1% 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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71.6 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
138 Spruce Thicket Walk — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 177 m), 2 parks (nearest 295 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 9% | Top 19% | Top 23% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 43% | Bottom 41% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 138 Spruce Thicket Walk, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 138 Spruce Thicket Walk is a study in consistency. Built in 1987, it presents as a solid, middle-of-the-road property within the Riverbend neighborhood. With 1,271 sqft of living space and a 5,114 sqft lot, its size is consistently "around average" when compared to homes on its own street, in the wider area, and across Winnipeg. The assessed value of $385k follows a similar pattern, aligning closely with local averages.
The appeal here is one of stability and predictability. It’s a home that doesn’t stand out for being exceptionally large, new, or small, but rather fits comfortably within its established community. This makes it easier to evaluate against the market. The recent sale in late 2024 for an estimated $450k-$500k suggests strong buyer interest and a value increase from its previous sale in 2021.
This property would suit pragmatic buyers looking for a manageable, turnkey home in a mature neighborhood. It’s ideal for someone who prioritizes a known quantity over a fixer-upper or a brand-new build. The data suggests it’s not a project house, but a straightforward entry into a stable area. A thoughtful perspective is that its very "averageness" is an asset—it likely faces fewer premium costs or value pitfalls associated with properties at the extreme highs or lows of a market segment.
Section 2: Frequently Asked Questions
1. Is this home a good value compared to its neighbors?
The data indicates it is very typical. Its assessed value, living area, and lot size all rank close to the median for Spruce Thicket Walk and the Riverbend area, suggesting it is priced in line with the local market rather than being a standout bargain or overpriced.
2. How does the year built (1987) affect this home?
While newer than the Winnipeg city average, it is slightly older than many homes in the broader Riverbend neighborhood. Buyers should anticipate maintenance and updates consistent with a home approaching 40 years old, though its construction era is generally known for solid build quality.
3. What does the sold price history tell us?
The home sold in late 2024 for an estimated $450k-$500k, which placed it in the top 19% of area sales prices at that time. This represents a significant increase from its 2021 sale price, indicating strong market movement and buyer demand for this type of property in the location.
4. How does the lot size impact the property?
At just over 5,000 sqft, the lot is slightly smaller than the street average but close to the neighborhood average. It provides a standard suburban yard space—adequate for gardening, play, or relaxation, but not an exceptionally large or sprawling parcel.
5. Where can I get the exact historical sold prices?
The website does not display exact MLS sold figures due to industry rules. You must request the exact sold price history via email from the site provider, who will perform a manual lookup and send the information directly to you.
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