79.7
Good
Property score
79.7
Good
Overall 79.7
Larger and newer than most nearby homes
1,533 sqft (top 20%)
Built in 2004 (11 yrs newer than avg)
Located in a high-income area
with median household income of ~130k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 2 schools, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
19% larger than neighborhood avg.
Year Built
Above average
11 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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79.7 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
148 Swinford Way — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 168 m), 1 parks (nearest 181 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 22% | Top 35% | Top 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
148 Swinford Way is a well-situated home in Winnipeg's Riverbend neighborhood, built in 2004. The property presents a compelling mix of above-average living space and modern construction, balanced against a more compact lot size. Its appeal lies in its strong positioning within a desirable area, offering a turnkey option in a community of newer homes.
Key Characteristics, Appeal & Ideal Buyer
This home's key characteristic is its consistent above-average performance in core metrics for its neighborhood and city. With 1,533 sqft of living area, it ranks in the top 20% of Riverbend, providing more interior space than most local comparables. Its 2004 build date is newer than about 85% of Winnipeg homes, suggesting modern building standards and potentially lower immediate maintenance needs. The assessed value of $494k places it in the top 9% for the neighborhood, indicating a perceived premium over many surrounding properties.
The appeal is rooted in its efficient use of space on a smaller lot (4,280 sqft). Buyers gain a modern, spacious interior without the burden of extensive yard maintenance. It suits professionals, small families, or downsizers seeking a low-maintenance lifestyle in a stable, newer suburban area. A thoughtful perspective is that while the lot is smaller than some on its street, this often translates to lower property taxes and less upkeep, which can be a practical advantage. The home’s value is firmly anchored in its desirable Riverbend location, where it outperforms area averages, offering a sound investment in a sought-after community.
1. How does the lot size impact the property?
While the land area is below the average for Swinford Way and Riverbend, it is near the citywide average. This typically means less yard maintenance but may limit expansion possibilities or private outdoor space compared to immediate neighbors.
2. What does the assessed value tell us about the property?
An assessed value in the top 9% for the neighborhood generally reflects the municipality's view that it is a higher-value home within Riverbend. This can be a marker of desirability, but it's important to compare this figure to recent actual sale prices for a complete market picture.
3. The home sold in late 2019. How is that price context relevant?
The prior sale price (listed in the $350k-$400k range) provides a historical benchmark. Market conditions have likely shifted since then, so this figure primarily helps illustrate the property's appreciation trajectory and should be compared with a current professional valuation.
4. Is the 2004 build date a significant advantage?
Yes. Built in 2004, the home is newer than approximately 85% of homes in Winnipeg. This often means modern construction materials, updated electrical and plumbing standards, and potentially more recent major components like the roof and HVAC, reducing near-term capital costs.
5. How can I verify the exact historical sold price?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact figures via email from the site provider, who will perform a manual lookup. This is a common practice for accessing non-MLS transaction data.
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