24 Riverwest Road

Riverbend, Winnipeg

78.3

Good

Overall 78.3

Larger than most nearby homes

1,462 sqft (top 29%)

Built in 1990 (3 yrs older 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 park, and 1 place of worship nearby

Living Area

Above average

14% larger than neighborhood avg.

Year Built

Near average

3 yrs older 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

78.3 is composed by the two sections below.

Property Score

72.0Good
Living Area1,462 sqft75Good
Year Built199078Good
Lot Size5,199 sqft67Good
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

above average
1,462 sqft
0255075100
Same streetTop 15%Same areaTop 29%CitywideTop 33%
Same street · Riverwest Road
#4 / 27
Top 15% · Avg 1,238 sqft
Same area · Riverbend
#504 / 1,712
Top 29% · Avg 1,288 sqft
Citywide · Winnipeg
#63,482 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

around average
403k
0255075100
Same streetBottom 11%Same areaBottom 47%CitywideTop 38%
Same street · Riverwest Road
#24 / 27
Bottom 11% · Avg 425.5k
Same area · Riverbend
#912 / 1,712
Bottom 47% · Avg 410.2k
Citywide · Winnipeg
#73,075 / 194,458
Top 38% · Avg 390.1k

Year Built

above average
1990
0255075100
Same streetBottom 15%Same areaBottom 44%CitywideTop 22%

Lot Size

around average
5,199 sqft
0255075100
Same streetTop 48%Same areaTop 33%CitywideTop 50%

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

24 Riverwest Road — 8 amenities found within 500 m, across 3 categories, including 6 dining (nearest 385 m), 1 parks (nearest 482 m).

Search radius
🍽️Dining6
🌳Parks1
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%

Sales History

Sold 6/2017CA$350k–400k
Sold price

Same street

Bottom 1%

Same area

Bottom 44%

City-wide

Top 46%

Related homes

Highlights & common questions: 24 Riverwest Road, Winnipeg

Property Overview: 24 Riverwest Road, Winnipeg

Key Characteristics & Appeal

This 1,462 sqft home, built in 1990 on a standard 5,199 sqft lot in Riverbend, presents a solid, middle-of-the-road offering in the Winnipeg market. Its primary appeal lies in its efficient use of space and established neighborhood setting. The living area is notably above average for both its immediate street and the wider Riverbend area, suggesting a home that offers more interior room than many of its direct peers. With an assessed value of $403k, it sits at a value-oriented point—priced below the average for its street but aligning closely with neighborhood and city averages. This creates a scenario where you may get more house for your dollar on this specific block compared to neighbors.

The home would suit practical buyers looking for a move-in ready footprint in a mature neighborhood without paying a premium for a newer build or a larger lot. It’s a sensible choice for first-time homeowners or downsizers who prioritize interior space over a more prestigious address or a brand-new property. A thoughtful perspective is that its "below average" assessed value on the street could indicate an opportunity for equity growth as the home is brought in line with street norms, or it may reflect the home’s specific condition or updates relative to others.

Frequently Asked Questions

1. Is this home a good value compared to others on the street?
Based on assessed values, this home is ranked below the street average, while offering a living area that is above the street average. This suggests you may get more interior space per dollar here than with many neighboring properties.

2. How does the lot size compare?
The lot is approximately 5,200 sqft, which is very typical for the street and the Riverbend neighborhood, but slightly smaller than the citywide average for comparable homes.

3. When was it last sold and for how much?
Public records indicate a sale between June and July of 2017, with a sold price in the range of $350,000 to $400,000. For fully verified and exact historical sale figures, a manual lookup through the site is required.

4. Is the home older than others nearby?
Built in 1990, it is slightly older than the average home on Riverwest Road (avg. 1995) but is newer than the average comparable home across the entire city of Winnipeg.

5. Where can I see how this property compares visually to the neighborhood?
The listing provides a link to a detailed neighborhood analysis page, which maps the property alongside nearby homes and allows for visual comparison of metrics like year built, living area, and lot size.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.