63.3
Fair
Property score
63.3
Fair
Overall 63.3
Smaller and older than most nearby homes
1,084 sqft (bottom 28%)
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
16% 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
181 Timberwood Trail — 15 amenities found within 500 m, across 6 categories, including 5 dining (nearest 264 m), 2 education (nearest 162 m), 1 healthcare (nearest 223 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 181 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 44% | Bottom 46% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 181 Timberwood Trail, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1987-built home on Timberwood Trail presents a solid, middle-of-the-road option in Winnipeg's Riverbend neighborhood. With 1,084 sqft of living space and an assessed value of $367k, it consistently ranks as "around average" compared to its immediate street and the wider city. Its primary appeal lies in its stability and established setting. The home is one of the original builds on its street, suggesting a mature streetscape with settled foundations and landscaping. While the lot size is modest for the area, this can translate to lower maintenance.
This property would suit first-time buyers or downsizers seeking an entry point into a well-regarded neighborhood without a premium price tag. It’s a practical choice for those who value location and community character over sheer size, offering a home that aligns closely with typical Winnipeg benchmarks. A thoughtful perspective is that its "average" metrics across key categories could indicate a lower risk of overpaying relative to the immediate area, providing a sense of financial predictability.
Frequently Asked Questions
1. How does this home's value compare to recent sales in the area?
Based on available data, a home in this price range sold in the Riverbend area in mid-2021 for between $350k and $400k, placing it in the middle tier of local sales at that time.
2. Is the lot size a concern?
The land area is below average for both the street and neighborhood. This means smaller outdoor maintenance but also less private space than some neighboring properties. It's a trade-off that suits those preferring a more manageable yard.
3. What does the "Elite" ranking for year built on its street mean?
It simply means this home was built in 1987, which is the same as the calculated average year for the street. On Timberwood Trail, it's among the earlier builds, indicating a mature, established street where homes are of a similar vintage.
4. Are the assessed value and living area competitive for Riverbend?
Both are below the neighborhood averages ($410.2k and 1,288 sqft, respectively). This suggests the home may offer a more affordable entry into Riverbend, though with less interior space than many area homes.
5. Where can I get verified historical price data for this property?
The site notes that exact sold price history is not displayed publicly due to industry rules. They offer a manual lookup service where you can request the exact figures be emailed to you.
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