71.5
Good
Property score
71.5
Good
Overall 71.5
Older than most nearby homes
1,213 sqft (bottom 45%)
Built in 1987 (6 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 76.0
2-min walk to transit with 1 nearby route
Within 500m: 6 dining spots, 1 school, 1 healthcare facility, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
6% 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)
523
460k
$325/sqft
1993
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71.5 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: #46111234
$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
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 Lochspur Lane — 15 amenities found within 500 m, across 6 categories, including 6 dining (nearest 266 m), 1 education (nearest 217 m), 1 healthcare (nearest 282 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%
Local garbage, recycling, and yard waste pickup schedule for 23 Lochspur Lane.
Garbage
wednesday
Recycling
wednesday
Yard Waste
wednesday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Bottom 33% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Lochspur Lane, Riverbend, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Riverbend home presents a compelling mix of space, value, and established community living. Built in 1987, it is one of the newer homes on its street. The property stands out for its generous 6,314 sqft lot, which is larger than most in the Riverbend neighborhood, offering ample outdoor space. With 1,213 sqft of living area, the home is a practical size, slightly below the street average but aligned with area norms.
The appeal lies in its strong value proposition. The home's assessed value of $447k is consistently above average for the street, neighborhood, and city, suggesting it is a substantial property within its market tier. Its last known sale was between $300k-$350k in early 2019, indicating significant equity growth since then. This property would suit value-conscious buyers seeking an established neighborhood with room to grow. It’s ideal for those who prioritize a larger yard over a maximized interior footprint and appreciate a home that holds its own in terms of assessed value against its peers. A thoughtful perspective is that while the living area is modest, the above-average lot size and assessed value point to a property where the land and overall worth are the primary assets, which could appeal to future-minded buyers.
Section 2: Frequently Asked Questions
1. Is the living area too small for the neighborhood?
While the home's living area is below the specific street average, it ranks around the neighborhood and city-wide averages. It represents a more efficient use of space on a larger-than-average lot, which may be a preferred trade-off for some buyers.
2. Why is the assessed value so much higher than the last sold price?
The assessed value ($447k) is a current municipal valuation for taxation, reflecting market conditions and property characteristics. The last sold price (estimated $300k-$350k in 2019) is historical and demonstrates the property's appreciation over a six-year period, highlighting its increased market value.
3. How does the lot size compare, and what does it offer?
The lot is a key feature. At over 6,300 sqft, it is larger than approximately 84% of lots in Riverbend and offers significant outdoor potential for gardening, recreation, or expansion, which is less common in newer subdivisions.
4. What does it mean that the home is "newer" on the street?
Built in 1987, it is the newest among the 11 comparable homes on Lochspur Lane. This can suggest potentially fewer immediate concerns with major aging components (like roofing or foundation) compared to older homes, assuming similar maintenance.
5. How can I get the exact historical sale price?
The site provides sold price ranges for general research. Due to industry regulations, exact sale figures are not published online here. You can request the full, verified transaction history by emailing the site directly for a manual lookup, which they provide without obligation.
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