54.8
Fair
Property score
54.8
Fair
Overall 54.8
Smaller than most nearby homes
792 sqft (bottom 2%)
Built in 1989 (4 yrs older than avg)
Located in a high-income area
with median household income of ~129k
Transit 68.0
3-min walk to transit with 1 nearby route
Within 500m: 2 dining spots, 1 school, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 73%Punjabi · 4%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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54.8 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: #46110759
$129K
Median household income
$130K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
11%
Single-person households
41%
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
16 Red Maple Road — 4 amenities found within 500 m, across 3 categories, including 2 dining (nearest 469 m), 1 education (nearest 354 m), 1 parks (nearest 223 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 40% | Bottom 29% | Bottom 46% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | 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: 16 Red Maple Road, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1989-built home in Riverbend presents a specific value proposition centered on efficient living. At 792 sqft, its living space is notably compact, ranking below average for its street, neighborhood, and city. This is balanced by a solid assessed value of $364k, which is above average for Red Maple Road itself. The lot size is also modest relative to the area.
The primary appeal lies in its position as a relatively newer, low-maintenance entry point into a well-established neighborhood. It suits buyers seeking affordability and simplicity—such as a first-time homebuyer, an empty nester looking to downsize, or an investor seeking a manageable rental property. A thoughtful perspective is that its smaller footprint can mean lower utility costs and less upkeep, freeing up time and budget. While not the largest home on the block, its value ranking on the street suggests it is considered a well-maintained asset among its immediate peers.
Frequently Asked Questions
1. Is the home’s smaller size a disadvantage?
It depends on your needs. The living area is compact, which limits space for larger families or extensive belongings. However, this translates to a more affordable price point for the Riverbend area and typically lower ongoing costs for heating, cleaning, and maintenance.
2. How does the assessed value compare to recent sale prices?
The home sold in August 2022 for an estimated $300k–$350k. The current assessed value of $364k is higher, indicating a potential increase in market valuation since that last sale. For exact historical sale figures, you can request a manual lookup from the site.
3. What does the "Top 25%" street ranking for value mean?
This means that among the 28 comparable homes on Red Maple Road, this property’s assessed value is in the highest quarter. It suggests that, relative to its immediate neighbors, this home is considered one of the more valuable properties on the street.
4. Is the lot size a concern for outdoor space or expansion?
The lot is 3,297 sqft, which is smaller than many in Riverbend. It provides a manageable yard but may limit possibilities for large additions or extensive landscaping. It’s ideal for someone who prefers less yard work.
5. How current and reliable is this sales data?
The sold price data is based on publicly available information, not the MLS. The ranges provided are reasonably reliable, but for fully verified, exact transaction history, you need to request a manual lookup from the site, which they provide via email.
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