63.9
Fair
Property score
63.9
Fair
Overall 63.9
Smaller and older than most nearby homes
1,040 sqft (bottom 21%)
Built in 1987 (6 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: 4 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
19% 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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63.9 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
148 Timberwood Trail — 16 amenities found within 500 m, across 7 categories, including 4 dining (nearest 244 m), 2 education (nearest 193 m), 1 healthcare (nearest 228 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 37% | Top 47% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 148 Timberwood Trail, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft home, built in 1987, presents a practical opportunity in Winnipeg's Riverbend neighborhood. Its core appeal lies in its solid positioning as a competitively priced, average-sized home within its immediate context. While its living space and assessed value sit below the Riverbend area averages, they are much more aligned with—or even favorable to—the specific street and wider city benchmarks. A key, less obvious strength is its year of construction: it is the newest home among its 69 direct neighbors on Timberwood Trail, suggesting potentially fewer age-related issues than other houses on the block.
The property suits first-time buyers or downsizers seeking an entry into a stable neighborhood without a premium price tag. It’s also a sensible fit for value-focused buyers who prioritize a home that is newer than its immediate counterparts over having a larger lot or above-average square footage for the broader area. The recent sale history (sold between $350k-$400k in September 2023) indicates a market value consistent with its assessed value of approximately $352k.
Frequently Asked Questions
1. How does this home’s size truly compare to others?
While below the Riverbend neighborhood average, its living area is very close to the average for Timberwood Trail itself and is near the middle range city-wide, making it a standard-sized home for many Winnipeg buyers.
2. Is the assessed value a reliable indicator of the expected price?
The assessed value ($352k) is closely aligned with its recent 2023 sale price range ($350k-$400k), providing a grounded benchmark. It sits below the street and neighborhood average assessed values, which may indicate a pricing opportunity.
3. What is the significance of the "newest on the street" ranking?
Being built in 1987 makes it the most recently constructed home among the 69 comparable properties on Timberwood Trail. This can be an advantage, as systems (like roofing, plumbing) may be relatively younger than those in the older homes directly surrounding it.
4. How does the lot size impact the property?
The lot is approximately 4,217 sqft, which is smaller than the neighborhood and city averages. This means lower maintenance but also less private outdoor space compared to many other Winnipeg homes.
5. Where can I get verified historical sale data for this property?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures via email from the provider, who will manually look up the MLS data and send it directly to you.
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