260 Fernbank Avenue

Riverbend, Winnipeg

Property score

68.1

Good

Overall 68.1 · Smaller and older than most nearby homes

1,009 sqft (bottom 17%) · Built in 1987 (6 yrs older than avg)

Located in a high-income area with median household income of ~117k

Transit 76.0 · 1-min walk to transit with 1 nearby route · Within 500m: 6 dining spots, 1 shop, 1 park, and 1 bank/ATM nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Below average

6 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

68.1 is composed by the two sections below.

Property Score

55.1Fair
Living Area1,009 sqft52Fair
Year Built198778Good
Lot Size3,901 sqft46Low
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

around average
1,009 sqft
0255075100
Same streetBottom 32%Same areaBottom 17%CitywideBottom 27%
Same street · Fernbank Avenue
#51 / 75
Bottom 32% · Avg 1,110 sqft
Same area · Riverbend
#1,415 / 1,712
Bottom 17% · Avg 1,288 sqft
Citywide · Winnipeg
#141,986 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
364k
0255075100
Same streetTop 48%Same areaBottom 24%CitywideTop 49%
Same street · Fernbank Avenue
#36 / 75
Top 48% · Avg 375.5k
Same area · Riverbend
#1,309 / 1,712
Bottom 24% · Avg 410.2k
Citywide · Winnipeg
#95,199 / 194,458
Top 49% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetBottom 17%Same areaBottom 27%CitywideTop 25%

Lot Size

around average
3,901 sqft
0255075100
Same streetTop 40%Same areaBottom 12%CitywideBottom 24%

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

260 Fernbank Avenue — 12 amenities found within 500 m, across 6 categories, including 6 dining (nearest 337 m), 1 shopping (nearest 465 m), 1 parks (nearest 374 m).

Search radius
🍽️Dining6
🛒Shopping1
🌳Parks1
🏦Finance1
Fuel Stations2
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 5/2020CA$300k–350k
Sold price

Same street

Bottom 33%

Same area

Bottom 37%

City-wide

Top 50%

Related homes

Highlights & common questions: 260 Fernbank Avenue, Winnipeg

Property Overview: 260 Fernbank Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,009 sqft bungalow, built in 1987, sits on a 3,901 sqft lot in the Riverbend neighborhood. Its primary appeal lies in its solid positioning as a manageable, mid-century home in a well-established area. The data reveals a property that is consistently "around average" for its specific street in terms of living space, value, and lot size, suggesting it fits seamlessly into its immediate surroundings without standing out as overly large or small.

The home would suit first-time buyers or downsizers looking for a practical entry into a stable neighborhood without the premium price of a newer or larger build. Its assessed value is notably below the Riverbend neighborhood average, which could represent a value opportunity for those content with a home that is functional rather than expansive. A thoughtful perspective is that this property offers the stability of a mature streetscape—homes nearby are of a similar vintage and scale—which can contribute to consistent property maintenance and a settled community feel. However, buyers should be prepared for a home that may require updates reflective of its age.

Section 2: Frequently Asked Questions

1. How does this home's size compare to others nearby?
At 1,009 sqft, the living area is slightly below the average for Fernbank Avenue itself (1,110 sqft) and more notably below the broader Riverbend neighborhood average. This indicates a compact, efficient floor plan typical of many homes on its street.

2. Is the assessed value reasonable for the area?
The assessed value of $364K is around the average for the street but below the neighborhood average. This suggests the valuation is in line with immediate comparables, but you may get more lot and house for your money on other streets in Riverbend.

3. What does the year built (1987) imply?
Built in 1987, this home is older than most on its street and in Riverbend. This typically means potential for dated interior systems or finishes, but also that the major development phase of the area is long complete, lending a mature, established character.

4. How does the lot size impact potential?
The lot is larger than average for Fernbank Avenue, offering more outdoor space than many direct neighbors. However, it is smaller than the typical lot in both Riverbend and Winnipeg overall, which may limit expansion possibilities like a large addition or pool.

5. Where can I find verified past sale prices?
The site provides estimated sold price ranges. For fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.

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