73.2
Good
Property score
73.2
Good
Overall 73.2
Compared with neighbourhood average
1,138 sqft (bottom 33%)
Built in 1991 (2 yrs older than avg)
Located in a high-income area
with median household income of ~117k
Transit 68.0
2-min walk to transit with 1 nearby route
Within 500m: 6 dining spots, 1 park, 1 bank/ATM, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
12% smaller than neighborhood avg.
Year Built
Near average
2 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
73.2 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
16 Riverwest Road — 9 amenities found within 500 m, across 4 categories, including 6 dining (nearest 392 m), 1 parks (nearest 460 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% | Top 21% | Top 23% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | Bottom 46% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 16 Riverwest Road, Winnipeg
Key Characteristics & Appeal
This home at 16 Riverwest Road presents a balanced, mid-sized property in Winnipeg's Riverbend neighborhood. Built in 1991, its 1,138 sqft living area is slightly below average for its immediate street but aligns closely with neighborhood and city-wide averages for comparable homes. The standout feature is the 5,455 sqft lot, which is notably larger than most on the street and in Riverbend, offering above-average outdoor space.
Its appeal lies in its established community setting and practical proportions. The assessed value of $413k is consistent with the area, and recent sale history indicates steady market interest. This isn't a standout luxury property or a fixer-upper; instead, it represents a stable, average-priced home in a mature neighborhood. It would suit first-time buyers or downsizers looking for a manageable home size without sacrificing yard space, or investors seeking a straightforward rental property in a consistent area. A thoughtful perspective is that its "averageness" in many metrics could be a strength, offering a lower-risk entry into the market without the premium price or potential issues of a more outlier property.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,138 sqft, the living space is slightly smaller than the average home on Riverwest Road (1,238 sqft) but is very close to the Riverbend neighborhood average (1,288 sqft).
2. Is the lot size a significant feature?
Yes. The 5,455 sqft land area is larger than most lots on this street and in the wider Riverbend area, which is a key advantage for buyers valuing outdoor space.
3. What does the sale history indicate?
The home sold in March 2024 and previously in August 2020. This recent activity suggests a stable, in-demand property. Note that public data shows sold price ranges, not exact figures.
4. How does the assessed value fit into the area?
The $413,000 assessment is around the average for the street and neighborhood, positioning this property squarely in the mid-range for Riverbend.
5. Where can I get verified sale price details?
The public data provided is reasonably reliable but not MLS-verified. For the exact sale prices and full transaction history, you must request a manual lookup from the site, which they provide via email.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
