75.2
Good
Property score
75.2
Good
Overall 75.2
Compared with neighbourhood average
1,284 sqft (top 42%)
Built in 1989 (4 yrs older than avg)
Located in a high-income area
with median household income of ~129k
Transit 68.0
2-min walk to transit with 1 nearby route
Within 500m: 1 school, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
0% smaller than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 73%Punjabi · 4%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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75.2 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: #46110759
$129K
Median household income
$130K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
11%
Single-person households
41%
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
23 Ferngrove Walk — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 400 m), 1 parks (nearest 280 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 14% | Top 27% | Top 28% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 29% | Top 39% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
23 Ferngrove Walk is a well-situated home in Winnipeg's Riverbend neighborhood. Built in 1989, it offers 1,284 square feet of living space. The property stands out for its generous 7,202 sqft lot, which is notably larger than most in the immediate area and citywide. Its assessed value of $428k is strong for its street, indicating it is perceived as a premium property within its direct peer group. Recent sale activity shows steady market interest.
Key Characteristics & Appeal
The primary appeal of this home lies in its land size and established value. The lot is substantially above average for both the street and the wider Riverbend area, offering valuable outdoor space and potential. While the living area is average for the city, the home's assessed value ranks in the top 7% on its street, suggesting desirable features or condition not fully captured by square footage alone.
It suits practical buyers looking for a solid, established home in a mature neighborhood. It’s ideal for someone who prioritizes yard space over a brand-new build, and for buyers who appreciate a property that holds a leading value position on its block—a sign of good upkeep or favorable attributes. It may also appeal to those comfortable with homes from the late '80s, understanding that some updates may be part of homeownership.
1. How does the home’s value compare to recent sales?
The property sold between $400k-$450k in early 2025, placing it in the top 14% of sales on its street for that period. This aligns with its above-street-average assessed value, confirming its strong standing in the immediate area.
2. Is the lot size a significant advantage?
Yes. The lot is in the top 15% on the street and top 12% in Riverbend. This provides more privacy, gardening space, and play area than typical lots in the neighborhood, and is a key asset for future resale.
3. What does the "around average" living area mean for daily life?
At 1,284 sqft, the living space is typical for Winnipeg and Riverbend. It indicates a comfortable size for a family, but not expansive. The value here comes from the efficient use of that space combined with the large lot.
4. The home was built in 1989. What should I consider?
This is an established home. While newer than the Winnipeg city average, prospective buyers should budget for potential updates common to houses of this age, such as windows, roofing, or interior finishes, and have a thorough inspection.
5. How can I verify the exact past sale price?
The site provides estimated price ranges. To obtain the exact, verified sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.
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