16 Signet Road

Riverbend, Winnipeg

75.9

Good

Overall 75.9

Compared with neighbourhood average

1,357 sqft (top 38%)

Built in 1993

Located in a high-income area

with median household income of ~117k

Transit 76.0

2-min walk to transit with 1 nearby route

Within 500m: 6 dining spots, 1 shop, 1 bank/ATM, and 1 place of worship nearby

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 7%

Past 10 years Riverbend sales snapshot (~80% of all data)

Sold Count

523

Median price

460k

$/sqft

$325/sqft

Avg build year

1993

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Property score

75.9 is composed by the two sections below.

Property Score

68.1Good
Living Area1,357 sqft71Good
Year Built199381Excellent
Lot Size4,201 sqft53Fair
Neighbourhood Sales Activity28Low

Community Score

87.7Excellent
Household Income90Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110760

Community deep dive

$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

Population, labour & age

Population (2021)1,063
Labour force participation rate79%
Median age38.8
Avg household size3.0
Unemployment rate10%
Population density4088 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households14%
Couple families with children42%
Median household income (2020)$117K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority20%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,357 sqft
0255075100
Same streetTop 18%Same areaTop 38%CitywideTop 38%
Same street · Signet Road
#4 / 22
Top 18% · Avg 1,169 sqft
Same area · Riverbend
#653 / 1,712
Top 38% · Avg 1,288 sqft
Citywide · Winnipeg
#74,062 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
430k
0255075100
Same streetTop 18%Same areaTop 39%CitywideTop 32%
Same street · Signet Road
#4 / 22
Top 18% · Avg 390.5k
Same area · Riverbend
#661 / 1,712
Top 39% · Avg 410.2k
Citywide · Winnipeg
#62,140 / 194,458
Top 32% · Avg 390.1k

Year Built

above average
1993
0255075100
Same streetBottom 36%Same areaTop 47%CitywideTop 21%

Lot Size

around average
4,201 sqft
0255075100
Same streetBottom 41%Same areaBottom 25%CitywideBottom 29%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

16 Signet Road — 9 amenities found within 500 m, across 4 categories, including 6 dining (nearest 305 m), 1 shopping (nearest 482 m).

Search radius
🍽️Dining6
🛒Shopping1
🏦Finance1
Worship1

Crime & Safety

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 16 Signet Road.

🗑️

Garbage

wednesday

♻️

Recycling

wednesday

🍂

Yard Waste

wednesday a

Sales History

Sold 10/2016CA$250k–300k
Sold price

Same street

Bottom 12%

Same area

Bottom 11%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 16 Signet Road, Winnipeg

Property Overview

16 Signet Road in Riverbend presents a well-maintained, established home built in 1993. Its primary appeal lies in its strong positioning within its immediate locale. The home offers above-average living space (1,357 sqft) and a higher assessed value ($430k) compared to other homes on Signet Road itself, suggesting it is one of the more substantial properties on the block. While its lot size is more modest relative to the broader neighborhood and city, this often translates to less yard maintenance. The home suits buyers looking for a move-in ready property in a mature area, who value a sense of community on a settled street over a large lot. It’s particularly suitable for those who appreciate a home that stands out favorably in its direct micro-market, even if it aligns more with averages in the wider area.

A thoughtful perspective: this property represents a "sweet spot" for pragmatic buyers. It avoids the premium and potential surprises of a brand-new build while being newer than the typical Winnipeg home. Its above-street-average metrics suggest it was likely well-cared-for or had thoughtful upgrades over time, offering a balance between modern livability and established neighborhood character.

Frequently Asked Questions

1. How does this home truly compare to others nearby?
While its size and value are around the neighborhood average, it ranks in the top 18% on its own street. This indicates it's a standout property on Signet Road, often a more meaningful comparison for daily living than broader area stats.

2. Is the lot size a disadvantage?
The 4,201 sqft lot is below the Riverbend and Winnipeg averages. This means less private outdoor space but also significantly reduced yard work. It may be ideal for those preferring low-maintenance living or allocating time and resources to indoor living space.

3. What can the 2016 sale price tell me?
The home sold for an estimated $250k-$300k in late 2016. This historical data is useful for understanding long-term market trends in the area, but it does not reflect current market value, which is better indicated by the $430k assessment and recent comparable sales.

4. How current is this data?
The assessed value and property characteristics are from the latest available municipal assessment. Sold price data covers from 2016 through April 2025, though some months may be missing. For the most precise, verified transaction history, you must request it directly via email.

5. Are the "comparable homes" shown truly similar?
The listed nearby properties (e.g., 44 Signet Road, 240 Fernbank Ave) provide context for size, age, and value in Riverbend. A close review shows 16 Signet Road offers more living area than several nearby homes at a similar assessed value, which can indicate good value for space.

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