63.3
Fair
Property score
63.3
Fair
Overall 63.3
Smaller and older than most nearby homes
1,059 sqft (bottom 24%)
Built in 1987 (6 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 5 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
18% 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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63.3 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
165 Timberwood Trail — 16 amenities found within 500 m, across 6 categories, including 5 dining (nearest 227 m), 2 education (nearest 191 m), 1 healthcare (nearest 195 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%
Local garbage, recycling, and yard waste pickup schedule for 165 Timberwood Trail.
Garbage
wednesday
Recycling
wednesday
Yard Waste
wednesday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 48% | Bottom 35% | Top 50% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 165 Timberwood Trail, Winnipeg
Key Characteristics & Buyer Profile
This home at 165 Timberwood Trail in Riverbend is a practical, mid-sized property built in 1987. With 1,059 sqft of living space and an assessed value of $358k, it sits comfortably around the average for its own street and the wider city in terms of both size and value. Its standout characteristic is its age relative to the immediate street—it is the newest home among its 69 direct neighbors, which may suggest updated infrastructure or less immediate need for major repairs compared to older homes nearby.
The appeal lies in its position as a stable, entry-level or downsizing option in an established neighborhood. It offers a manageable size and lot (3,997 sqft), which translates to less maintenance. A thoughtful perspective is that while its metrics are average or below average within the broader Riverbend area, this also means it could represent a more affordable entry point into the neighborhood without being an outlier on its own block. It would suit first-time buyers seeking a solid starter home, or investors and downsizers looking for a lower-maintenance property with reliable, middle-of-the-road comparables.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, a home in this location last sold between $300k-$350k in August 2021. The current assessed value of $358k is around the average for Timberwood Trail, suggesting stable market alignment.
2. Is the lot size a concern?
The land area is below average for the street, neighborhood, and city. This means a smaller yard, which could be a positive for those seeking lower outdoor maintenance, but a limitation for those wanting extensive outdoor space.
3. What does it mean that the home is the “newest” on the street?
Built in 1987, it is the most recently constructed among the 69 homes on Timberwood Trail. This can be an advantage, potentially indicating newer core components (like plumbing or electrical) than immediate neighbors, possibly deferring some major renewal costs.
4. How does this property rank within the broader Riverbend area?
Within Riverbend, its living area and assessed value rank below the neighborhood average (in the top 76% and 79%, respectively). This indicates it is a more modest offering in the area, which is reflected in its value.
5. Where can I find more precise historical sale data?
The provided sold prices are broad ranges from public records. For fully verified and exact transaction history, you must request a manual lookup via email from the site, as MLS data is not displayed here.
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