184 Timberwood Trail

Riverbend, Winnipeg

63.3

Fair

Overall 63.3

Smaller and older than most nearby homes

1,049 sqft (bottom 22%)

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: 4 dining spots, 2 schools, 1 healthcare facility, and 2 parks nearby

Living Area

Below average

19% 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)

Sold Count

523

Median price

460k

$/sqft

$325/sqft

Avg build year

1993

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Property score

63.3 is composed by the two sections below.

Property Score

55.1Fair
Living Area1,049 sqft52Fair
Year Built198778Good
Lot Size3,500 sqft46Low
Neighbourhood Sales Activity28Low

Community Score

75.7Good
Household Income82Excellent
Education Level54Fair
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111234

Community deep dive

$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

Population, labour & age

Population (2021)1,017
Labour force participation rate63%
Median age38.0
Avg household size2.8
Unemployment rate7%
Population density2365 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households16%
Couple families with children31%
Median household income (2020)$93K

Housing

Renter households11%
Condominium dwellings4%
Median dwelling value (owners)$336K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority29%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Tagalog · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,049 sqft
0255075100
Same streetBottom 48%Same areaBottom 22%CitywideBottom 33%
Same street · Timberwood Trail
#36 / 69
Bottom 48% · Avg 1,074 sqft
Same area · Riverbend
#1,342 / 1,712
Bottom 22% · Avg 1,288 sqft
Citywide · Winnipeg
#130,174 / 194,458
Bottom 33% · Avg 1,342 sqft

Tax-Assessed Value

around average
355k
0255075100
Same streetBottom 33%Same areaBottom 19%CitywideBottom 48%
Same street · Timberwood Trail
#46 / 69
Bottom 33% · Avg 370k
Same area · Riverbend
#1,387 / 1,712
Bottom 19% · Avg 410.2k
Citywide · Winnipeg
#101,160 / 194,458
Bottom 48% · Avg 390.1k

Year Built

Elite
1987
0255075100
Same streetTop 1%Same areaBottom 27%CitywideTop 25%

Lot Size

below average
3,500 sqft
0255075100
Same streetBottom 9%Same areaBottom 9%CitywideBottom 19%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

184 Timberwood Trail — 14 amenities found within 500 m, across 6 categories, including 4 dining (nearest 299 m), 2 education (nearest 120 m), 1 healthcare (nearest 264 m).

Search radius
🍽️Dining4
🏫Education2
🏥Healthcare1
🌳Parks2
🏦Finance1
Fuel Stations4

Crime & Safety

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%

Sales History

Sold 7/2021CA$400k–450k
Sold price

Same street

Top 19%

Same area

Top 33%

City-wide

Top 33%

Related homes

Highlights & common questions: 184 Timberwood Trail, Winnipeg

Property Overview: 184 Timberwood Trail, Winnipeg

Key Characteristics & Buyer Appeal

This 1,049 sqft home, built in 1987, presents a practical and competitively positioned option in the Riverbend neighborhood. Its primary appeal lies in offering solid value within a mature, established setting. The home’s assessed value of $355K is notably below the neighborhood average, which could signal an entry point into the area or potential for value appreciation. A key, less obvious characteristic is that it is one of the original homes on its street (year built ranks #1 out of 69 on Timberwood Trail), suggesting a well-settled streetscape with older trees and established landscaping.

The lot size is compact at 3,500 sqft, which translates to lower maintenance—a plus for downsizers, first-time buyers, or those seeking a lock-and-leave lifestyle. The living space is average for the street but below the neighborhood norm, indicating a cozy, efficient layout rather than a sprawling one. This profile suits budget-conscious buyers targeting a stable community, investors looking for a manageable rental property, or individuals who prioritize location and lot maintenance over sheer interior size. Its recent sale history (sold in July 2021) indicates it’s a property that turns over in a typical market cycle.

Frequently Asked Questions

1. Is this a good value for the Riverbend area?
The assessed value is significantly below the Riverbend average, suggesting you may get more neighborhood for your money here compared to other local listings, though the home's size is also below that average.

2. What does the compact lot size mean for me?
The lot is smaller than most in the area, which generally means less yard work and lower exterior maintenance costs. It’s a practical choice if you don’t want extensive gardening or large outdoor spaces to manage.

3. How does the home’s age affect things?
Built in 1987, major components like the roof, windows, and HVAC system may be nearing or past their typical lifespan. A thorough inspection is advised to budget for potential updates, though the construction era is modern enough to avoid some older-home concerns.

4. Why is the year-built ranking so high on its own street?
Ranking #1 means it was built earlier than most on Timberwood Trail. This isn’t negative; it simply indicates the street developed around this home, often resulting in a central location on the block and mature surroundings.

5. Where can I get verified sale price history for this home?
The site provides estimated sold price ranges. For fully verified and exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.

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