68.9
Good
Property score
68.9
Good
Overall 68.9
Smaller and older than most nearby homes
1,058 sqft (bottom 24%)
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
220 Red River Boulevard W — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 341 m), 1 parks (nearest 306 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 | Bottom 29% | Bottom 30% | Bottom 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 220 Red River Boulevard W, Riverbend, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a practical and value-conscious opportunity in Winnipeg's Riverbend neighborhood. Built in 1987, it is slightly newer than many homes in the city and on its street. With 1,058 sqft of living space, it offers a comfortably sized layout that is very typical for the area, sitting close to the averages for both the street and the wider city.
The primary appeal lies in its efficient scale and established location. The assessed value of $372k is below the neighborhood average, potentially offering an accessible entry point into the area. The lot size of 4,001 sqft is notably smaller than most comparables, which translates to less yard maintenance—a significant plus for buyers seeking a low-upkeep property or who prefer to spend less time on landscaping.
This property would suit first-time buyers or downsizers looking for a manageable, no-fuss home in a mature neighborhood. It’s also a sensible fit for value-focused investors or buyers who prioritize the financial efficiency of a smaller lot and a home that doesn’t require extensive modernization. Its metrics suggest it’s a straightforward, average-condition home rather than a standout fixer-upper or a luxury offering.
Section 2: Frequently Asked Questions
1. Is this a good value for the Riverbend area?
The assessed value is below the neighborhood average, which can indicate a relative value opportunity. However, the living area and lot size are also below average, so the price reflects a more compact property.
2. What does the smaller lot size mean for me?
A 4,001 sqft lot requires less time and money for maintenance like mowing and gardening. It may also mean less privacy and smaller outdoor living space compared to neighbors, but it can be a major advantage for those wanting a low-maintenance lifestyle.
3. How updated is this 1987 home?
The data provided does not specify renovation history. A key step would be to determine the age and condition of major systems (roof, windows, HVAC) and interior finishes, as this significantly impacts value and move-in readiness.
4. How does the last sold price (2020) compare to today's value?
It sold for between $300k-$350k in April 2020. The current assessed value of $372k suggests market appreciation, but the exact sale price and conditions would need to be verified for a precise comparison.
5. Where can I get verified sale history and exact past prices?
The site notes that exact sold prices are not displayed publicly due to data source rules. You must request this information directly from them via email for a manual lookup, as it is not sourced from the MLS.
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