55.5
Fair
Property score
55.5
Fair
Overall 55.5
Smaller and older than most nearby homes
694 sqft (bottom 1%)
Built in 1987 (6 yrs older than avg)
Located in a high-income area
with median household income of ~130k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 2 schools, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
46% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 64%Punjabi · 8%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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55.5 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: #46110762
$130K
Median household income
$133K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
10%
Single-person households
47%
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
176 Red River Boulevard W — 4 amenities found within 500 m, across 2 categories, including 2 education (nearest 209 m), 2 parks (nearest 196 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 | Bottom 1% | Bottom 4% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 176 Red River Boulevard W, Riverbend, Winnipeg
Key Characteristics & Buyer Profile
This 1987-built home in Riverbend is defined by its compact and efficient scale. With 694 square feet of living space on a 4,112 sqft lot, it is notably smaller than most homes on its street, in the neighborhood, and across Winnipeg. This positions it as a more affordable entry point into the established Riverbend area, with an assessed value of $335k that sits below the local averages but aligns closely with the wider city benchmark.
The appeal lies in its practicality and location. It suits buyers seeking minimal upkeep, lower property taxes relative to larger homes, and a solid foothold in a mature neighborhood. It’s a logical fit for a first-time homebuyer, an investor, or someone looking to downsize without leaving the community. A less obvious perspective is its potential as a strategic hold; its smaller size and lot may represent a lower-risk investment in an area where the land and location carry significant value, offering resilience even if the housing market fluctuates.
Frequently Asked Questions
1. Is this a good value for the area?
Based on assessed value, this home is priced below the average for both Red River Boulevard and the broader Riverbend neighborhood, suggesting a more accessible entry point into this location.
2. How does the home's size compare to others nearby?
At 694 sqft, the living area is significantly smaller than typical homes on the street (avg. 1,166 sqft) and in Riverbend (avg. 1,288 sqft). This indicates a compact, low-maintenance layout.
3. What is the property's history?
Public records show the home was last sold between 2016 and 2025 for an estimated price between CA$250k and $300k. For verified, exact sale history, you must request a manual lookup from the site.
4. Is the lot size a limitation?
The 4,112 sqft lot is smaller than most in the immediate area. This means less exterior maintenance but may limit expansion possibilities compared to neighboring properties.
5. How current is this data?
The assessment and ranking data is based on the latest available municipal rolls. Sold price data is compiled from public sources from January 2016 through April 2025, but is not MLS-verified and is presented in ranges unless you request exact figures.
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