68.9
Good
Property score
68.9
Good
Overall 68.9
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 ~130k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 2 schools, and 1 park 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 · 64%Punjabi · 8%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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68.9 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
216 Red River Boulevard W — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 330 m), 1 parks (nearest 296 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 | Top 47% | Bottom 47% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 216 Red River Boulevard W, Riverbend, Winnipeg
Section 1: Overview & Appeal
This home presents a practical opportunity in Winnipeg's Riverbend neighborhood. Built in 1987, it is slightly newer than many homes in the city and on its own street. With 1,050 sqft of living space, it offers a manageable size that is close to the average for the immediate area, though more compact than many newer homes in Riverbend. The assessed value of $395k is aligned with averages across the street, neighborhood, and city, indicating a fairly priced entry point.
The appeal lies in its position as a stable, average-condition home in an established area, likely requiring less immediate upkeep than much older properties. Its smaller lot size (4,001 sqft) means less yard maintenance, which could be a bonus for busy professionals or downsizers. This property would best suit first-time buyers seeking a foothold in a mature neighborhood, or practical investors looking for a rental property with predictable metrics. It’s a home for those who value location and simplicity over size or a blank renovation canvas.
Section 2: Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The data suggests it is priced very close to the street average. Its assessed value ranks 17th out of 44 homes (Top 39%), and its living area is near the street median. You’re paying for a typical home on this boulevard.
2. How does the lot size impact this property?
The lot is smaller than most on the street and in the city. This translates to less outdoor maintenance but also less private space. It’s a trade-off that prioritizes efficiency over expansive yard potential.
3. The home seems smaller than the neighborhood average. What does that mean?
Riverbend has many newer, larger homes, which skews the average. This property is more representative of the older segment of the neighborhood. It offers the Riverbend location without the premium for square footage, which can be a strategic way to enter the area.
4. What can the last sold price (2020) tell me?
It sold between $350k-$400k in late 2020. Given the current assessed value of $395k, this suggests a relatively stable market performance for the home over the last few years, without extreme appreciation.
5. How do I find out the exact past sold prices?
The site does not display exact MLS sold figures. You must request this information directly via email, and they will manually provide the exact transaction history. This is a common practice due to data licensing rules.
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