217 Ridgecrest Avenue

Riverbend, Winnipeg

Property score

65.1

Good

Overall 65.1 · Older than most nearby homes

1,294 sqft (top 41%) · Built in 1920 (73 yrs older than avg)

Located in a high-income area with median household income of ~93k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 1 healthcare facility, and 3 parks nearby

Living Area

Near average

0% larger than neighborhood avg.

Year Built

Below average

73 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

65.1 is composed by the two sections below.

Property Score

58.1Fair
Living Area1,294 sqft66Good
Year Built192016Low
Lot Size8,095 sqft93Excellent
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

above average
1,294 sqft
0255075100
Same streetTop 25%Same areaTop 41%CitywideTop 42%
Same street · Ridgecrest Avenue
#3 / 12
Top 25% · Avg 1,191 sqft
Same area · Riverbend
#708 / 1,712
Top 41% · Avg 1,288 sqft
Citywide · Winnipeg
#81,790 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

below average
292k
0255075100
Same streetBottom 8%Same areaBottom 5%CitywideBottom 27%
Same street · Ridgecrest Avenue
#11 / 12
Bottom 8% · Avg 349.9k
Same area · Riverbend
#1,625 / 1,712
Bottom 5% · Avg 410.2k
Citywide · Winnipeg
#141,820 / 194,458
Bottom 27% · Avg 390.1k

Year Built

below average
1920
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 13%

Lot Size

above average
8,095 sqft
0255075100
Same streetTop 8%Same areaTop 8%CitywideTop 11%

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

217 Ridgecrest Avenue — 14 amenities found within 500 m, across 7 categories, including 4 dining (nearest 255 m), 1 education (nearest 345 m), 1 healthcare (nearest 379 m).

Search radius
🍽️Dining4
🏫Education1
🏥Healthcare1
🌳Parks3
💪Sports1
Fuel Stations2
Worship2

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 12/2023CA$300k–350k
Sold price

Same street

Top 40%

Same area

Bottom 32%

City-wide

Bottom 48%
Sold 12/2017CA$250k–300k
Sold price

Same street

Bottom 20%

Same area

Bottom 6%

City-wide

Bottom 28%

Related homes

Highlights & common questions: 217 Ridgecrest Avenue, Winnipeg

Property Overview: 217 Ridgecrest Avenue, Riverbend, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a distinct value proposition centered on space and potential. Its key characteristic is a generous 8,095 sqft lot, which is significantly larger than most in the area, offering ample outdoor space for gardening, recreation, or future expansion. The living area of 1,294 sqft is comfortably above average for its immediate street. Built in 1920, it is the oldest home on the block, suggesting classic character but also a clear need for updates compared to the predominantly modern neighborhood.

The primary appeal lies in this combination of a sizable, desirable lot at a relatively accessible price point, as reflected in its below-average assessed value. It suits a specific type of buyer: those who prioritize land size over move-in-ready perfection. It’s an ideal project for a hands-on buyer looking to customize, an investor seeing long-term value in the lot, or a family willing to renovate over time to secure a larger property footprint in the Riverbend area.

A less obvious perspective is its positioning as a “value-entry” into a street of newer, higher-valued homes. For the right buyer, the lower purchase price could offset renovation costs while building equity in a well-located lot.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the neighborhood average?
The assessed value is influenced heavily by the home's age (1920) and likely its current condition relative to the much newer average home in Riverbend. The valuation appears to reflect the land value and the existing structure, accounting for the modernization it may require.

2. What does the sold price history indicate?
The home sold in December 2023 and previously in December 2017. The 2023 sale price band places it in the top 40% for its street but only the top 68% for the area, reinforcing the pattern of it being a stronger value on its specific block compared to the wider, newer neighborhood.

3. Are there concerns with a home built in 1920?
While offering charm, a home of this age will require a thorough inspection. Buyers should budget for potential updates to major systems like plumbing, electrical, and insulation, and be prepared for a different layout style than in modern homes.

4. How does the large lot size benefit me?
Beyond private outdoor space, a large lot provides flexibility. It could allow for additions like a garage, workshop, or deck. It also often means more distance from neighbors and can contribute significantly to the property's long-term resale value.

5. Where can I get exact historical sale prices for this home?
The site does not display MLS data. You can request the exact sold price history by emailing them directly for a manual lookup, as noted in the data disclaimer.

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