23 Signet Road

Riverbend, Winnipeg

65.5

Good

Overall 65.5

Smaller than most nearby homes

946 sqft (bottom 12%)

Built in 1994 (1 yr newer than avg)

Located in a high-income area

with median household income of ~117k

Transit 68.0

2-min walk to transit with 1 nearby route

Within 500m: 6 dining spots, 1 shop, 1 bank/ATM, and 1 place of worship nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 7%

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

65.5 is composed by the two sections below.

Property Score

50.7Fair
Living Area946 sqft42Low
Year Built199481Excellent
Lot Size4,004 sqft53Fair
Neighbourhood Sales Activity28Low

Community Score

87.7Excellent
Household Income90Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110760

Community deep dive

$117K

Median household income

$136K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

14%

Single-person households

42%

Families with children

Population, labour & age

Population (2021)1,063
Labour force participation rate79%
Median age38.8
Avg household size3.0
Unemployment rate10%
Population density4088 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households14%
Couple families with children42%
Median household income (2020)$117K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority20%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
946 sqft
0255075100
Same streetBottom 18%Same areaBottom 12%CitywideBottom 21%
Same street · Signet Road
#18 / 22
Bottom 18% · Avg 1,169 sqft
Same area · Riverbend
#1,503 / 1,712
Bottom 12% · Avg 1,288 sqft
Citywide · Winnipeg
#154,109 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

around average
349k
0255075100
Same streetBottom 9%Same areaBottom 16%CitywideBottom 46%
Same street · Signet Road
#20 / 22
Bottom 9% · Avg 390.5k
Same area · Riverbend
#1,440 / 1,712
Bottom 16% · Avg 410.2k
Citywide · Winnipeg
#105,277 / 194,458
Bottom 46% · Avg 390.1k

Year Built

above average
1994
0255075100
Same streetTop 41%Same areaTop 43%CitywideTop 20%

Lot Size

below average
4,004 sqft
0255075100
Same streetBottom 14%Same areaBottom 16%CitywideBottom 26%

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

23 Signet Road — 9 amenities found within 500 m, across 4 categories, including 6 dining (nearest 250 m), 1 shopping (nearest 481 m).

Search radius
🍽️Dining6
🛒Shopping1
🏦Finance1
Worship1

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 23 Signet Road.

🗑️

Garbage

wednesday

♻️

Recycling

wednesday

🍂

Yard Waste

wednesday a

Sales History

Sold 10/2019CA$250k–300k
Sold price

Same street

Bottom 12%

Same area

Bottom 11%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 23 Signet Road, Winnipeg

Property Overview: 23 Signet Road, Riverbend, Winnipeg

Key Characteristics & Buyer Appeal

This is a well-situated, modestly-sized home in Winnipeg's Riverbend neighborhood. Built in 1994, it is a newer construction compared to many city-wide averages. The key characteristic is its efficient scale: with 946 sqft of living space and a 4,004 sqft lot, it is consistently below the average size for its street, neighborhood, and city. This translates to a more manageable property with less upkeep.

The appeal lies in its position as a potential value entry point into a stable area. Its assessed value of $349k is below average for Riverbend and Signet Road, yet it aligns with the broader Winnipeg average. This suggests an opportunity for buyers seeking affordability within a mature community. The home last sold between $250k-$300k in late 2019, indicating a history of being a competitively priced option.

This property would best suit first-time buyers, downsizers, or investors looking for a lower-maintenance footprint without sacrificing location in an established neighborhood. It’s a practical choice for those who prioritize financial accessibility and a simpler layout over expansive square footage. A less obvious perspective is that its consistent "below average" size and value metrics might offer a buffer against higher property taxes and utility costs associated with larger homes, appealing to budget-conscious long-term planning.

Frequently Asked Questions

1. Is this home significantly smaller than its neighbors?
Yes. The living area is below the average for Signet Road, Riverbend, and Winnipeg overall. It is a more compact home, which is reflected in its assessment and likely its price point.

2. How does its assessed value compare?
At $349,000, the assessment is below the average for both its street and the Riverbend neighborhood. However, it is very close to the average assessed value for comparable homes across the entire city.

3. When was it last sold and for approximately how much?
The property sold in October 2019. The public price data shows a sold price range of CA$250,000 to $300,000. For an exact sale price, you must request the information directly via email from the site.

4. What is the lot size, and is it typical for the area?
The lot is 4,004 sqft, which is below the average for the street, neighborhood, and especially the city. This is consistent with the home's overall efficient scale.

5. How does the year built compare to other homes?
Built in 1994, it is around average for Signet Road and Riverbend. City-wide, however, it is considered newer than average, as many Winnipeg homes are older.

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