63.3
Fair
Property score
63.3
Fair
Overall 63.3
Smaller and older than most nearby homes
1,050 sqft (bottom 23%)
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
169 Timberwood Trail — 16 amenities found within 500 m, across 6 categories, including 5 dining (nearest 236 m), 2 education (nearest 183 m), 1 healthcare (nearest 201 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 169 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 | Top 26% | Top 42% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 169 Timberwood Trail, Winnipeg
Key Characteristics & Appeal
This 1,050 sqft bungalow in Riverbend presents a practical and competitively positioned entry into the Winnipeg market. Built in 1987, it is one of the original homes on Timberwood Trail, offering a sense of established stability on a street where many homes are of a similar vintage. Its assessed value of $359k sits comfortably around the city-wide average, suggesting a fair market entry point.
The primary appeal lies in its efficient footprint and value proposition. While the living space and lot size (3,997 sqft) are below the Riverbend neighborhood averages, this translates to lower maintenance and utility costs—a significant consideration for first-time buyers, downsizers, or investors seeking a manageable property. Its recent sale history (sold between $350k-$400k in 2021) indicates it resides in a stable, sought-after price bracket. This home suits buyers looking for a turnkey, no-frills residence in a mature neighborhood, who prioritize location and a sensible layout over expansive square footage or a large yard. A thoughtful perspective is that its "around average" metrics across the city may offer more predictable long-term value with less volatility compared to highly customized or outlier properties.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 1,050 sqft, the living area is very close to the average for Timberwood Trail itself (~1,074 sqft) but is below the broader Riverbend neighborhood average. This indicates a cozy, efficient layout typical for this specific street.
2. Is the assessed value a good indicator of the likely selling price?
The $359k assessment is a benchmark for municipal taxes. The home last sold for an estimated $350k-$400k in 2021. Market conditions, property updates, and buyer demand will determine the final sale price, but the assessment and past sale suggest a value in this general range.
3. What are the advantages of an older home like this (1987)?
As one of the first homes built on the street, it benefits from mature landscaping and an established streetscape. Construction from this era often features straightforward layouts and proven building materials. Potential buyers should budget for age-related maintenance, as major components may be nearing or past their typical lifespan.
4. The lot seems smaller than others in Riverbend. Is that a drawback?
The lot is under 4,000 sqft, which is smaller than many in the area. This can be an advantage for those seeking lower yard maintenance, faster snow clearing, and reduced outdoor upkeep costs, while still providing private outdoor space.
5. How can I verify the exact past sale price?
The public data shows a sold price range. Due to industry regulations, exact MLS sale figures are not published on this site. You can request the precise transaction history by emailing the site via the "Request exact figures by email" link provided; they will manually look it up and send it to you.
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