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 2 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
177 Timberwood Trail — 15 amenities found within 500 m, across 6 categories, including 5 dining (nearest 254 m), 2 education (nearest 168 m), 1 healthcare (nearest 215 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 177 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 30% | Bottom 24% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 177 Timberwood Trail, Riverbend, Winnipeg
Key Characteristics & Buyer Profile
This home presents a practical opportunity in Winnipeg's Riverbend neighborhood. Built in 1987, its 1,050 sqft living space and $347k assessed value position it as a competitively priced, manageable-sized property. The appeal lies in its value proposition: it is one of the newer homes on its street and is priced below both street and neighborhood averages, offering a potential entry point into a well-established area. The lot, at just under 4,000 sqft, is smaller than typical for the city but is consistent with many homes in this specific part of Riverbend.
This property would suit first-time buyers or downsizers seeking a lower-maintenance footprint without sacrificing a mature community setting. It’s a home for those who prioritize location and a modern build year over expansive square footage or a large yard. A thoughtful perspective is that while the home ranks below area averages for size and value, this actually indicates a more affordable threshold in a desirable neighborhood, potentially offering better value per dollar than a larger, more expensive home on the same street.
Frequently Asked Questions
1. Is this a good value for the neighborhood?
Based on the assessed value data, this home is priced below the averages for both Timberwood Trail and the wider Riverbend area, suggesting it could represent a relative value for buyers wanting to enter this specific neighborhood.
2. How does the home's size compare?
At 1,050 sqft, the living area is slightly below the street average and more notably below the neighborhood average. This points to a more compact, efficient layout rather than a sprawling one.
3. What does the lot size mean for me?
The lot is approximately 3,997 sqft, which is smaller than many city lots. This typically translates to less yard maintenance but also less private outdoor space, which is an important consideration for families or gardening enthusiasts.
4. The home was built in 1987. What should I consider?
While being one of the newer homes on the street is a positive, a home of this age will likely have had several components, like the roof, windows, or major systems, updated or nearing the end of their service life. A thorough inspection is advised.
5. How can I verify the past sale price mentioned?
The site notes that exact sold prices are not displayed publicly due to data source rules. You can request the exact sale history for this property directly via email through their manual lookup service, as indicated in the data notes.
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