56.6
Fair
Property score
56.6
Fair
Overall 56.6
Smaller than most nearby homes
778 sqft (bottom 2%)
Built in 1988 (5 yrs older than avg)
Located in a high-income area
with median household income of ~117k
Transit 68.0
3-min walk to transit with 1 nearby route
Within 500m: 2 dining spots, 1 school, 1 park, and 2 fuel stations nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 7%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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56.6 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: #46110760
$117K
Median household income
$136K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
14%
Single-person households
42%
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
15 Red Maple Road — 6 amenities found within 500 m, across 4 categories, including 2 dining (nearest 416 m), 1 education (nearest 355 m), 1 parks (nearest 193 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 30% | Bottom 9% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 15 Red Maple Road, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1988-built home in Riverbend presents a compact and efficient living space of 778 sqft on a 3,000 sqft lot. Its assessed value of $314k sits below the averages for both its street and neighborhood, yet aligns more closely with the wider Winnipeg average. The home’s primary appeal lies in its value positioning. It offers an entry point into a well-established neighborhood at a price point that is notably accessible for the area. This is a property where you are purchasing location and community over square footage.
The home would suit first-time buyers seeking affordability in a mature area, downsizers looking to rightsize without leaving a desirable neighborhood, or pragmatic investors interested in a stable rental property. A thoughtful perspective is that its smaller scale can mean lower utility costs, less maintenance, and a simpler lifestyle. While its living area is modest compared to most nearby homes, this can translate to a focused and efficient use of space, potentially offering a cozy, low-maintenance footprint in a community of larger, higher-value properties.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and provides a benchmark. Given that it is below local averages but near the city average, the final sale price will depend on market conditions, the home’s interior condition, and buyer demand for well-located, smaller homes.
2. How does the smaller living area compare to nearby sold homes?
The home’s living area is significantly smaller than most recent sales in Riverbend, which typically range from 1,094 to over 2,000 sqft. This is a key factor in its lower assessed value and represents a different type of housing stock within the neighborhood.
3. What are the implications of the lot size?
At 3,000 sqft, the lot is smaller than most in Riverbend and the city. This likely means a smaller yard, which reduces outdoor maintenance. It’s worth considering how the outdoor space meets your needs for privacy, gardening, or recreation.
4. Can I see the exact historical sold price for this property?
The site shows a sold price range from 2020. To obtain the exact historical sale figures and a full transaction history, you must request a manual lookup via email, as this data is not displayed directly on the site per industry rules.
5. The home is described as "below average" for the area in several metrics. Is this a concern?
Not necessarily. These metrics simply quantify how the home differs from the norm. For the right buyer, being "below average" in size and value is the source of its opportunity, providing access to Riverbend at a more attainable price than a larger, standard home in the same location.
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