56.8
Fair
Property score
56.8
Fair
Overall 56.8
Smaller and older than most nearby homes
952 sqft (bottom 13%)
Built in 1960 (33 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 4 dining spots, 3 schools, 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
Below average
26% smaller than neighborhood avg.
Year Built
Below average
33 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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56.8 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
273 Le Peress Avenue — 17 amenities found within 500 m, across 7 categories, including 4 dining (nearest 208 m), 3 education (nearest 372 m), 1 healthcare (nearest 290 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 33% | Bottom 47% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 273 Le Peress Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 952 sqft bungalow, built in 1960, sits on a just-under 5,000 sqft lot in the Riverbend neighborhood. Its key characteristic is its position as a modest, entry-level home in a mature area. The appeal lies in its relative affordability within the city context, with an assessed value ($359k) that is around the Winnipeg average but notably below the Riverbend neighborhood average. This suggests an opportunity to enter a well-established area at a lower price point than newer homes command.
The home would suit first-time buyers or downsizers seeking a manageable footprint without a major renovation project, based on its recent sale history. A thoughtful perspective is that while the living area is below average for the street and area, this can translate to lower utility costs and less maintenance. The lot size is typical for the neighborhood, offering standard outdoor space. Buyers should be comfortable with a home that is older than most in Riverbend but aligns with the city's overall housing age.
Section 2: Frequently Asked Questions
1. Is this home significantly smaller than its neighbors?
Yes. At 952 sqft, its living area ranks below average on its street, in the Riverbend neighborhood, and city-wide. This is the property's most notable comparative difference.
2. How does its value compare to the area?
Its assessed value is below the Riverbend neighborhood average ($410k) but aligns closely with the Winnipeg average. This indicates you may pay less for the location than you would for a larger or newer home in the same area.
3. What does the "Top 97%" ranking for year built in Riverbend mean?
It means this home, built in 1960, is older than approximately 97% of comparable homes in Riverbend. The neighborhood average year built is 1993, so this is one of the area's more mature properties.
4. How reliable is the sold price data shown?
The site states sold prices are based on public internet data, not the MLS, and are presented as ranges unless you request exact figures via email. For fully verified transaction history, you must contact them directly.
5. Are the property taxes likely to be high?
Based on its assessed value being below the neighborhood average, the property tax bill may be comparatively lower than many homes in Riverbend, though final taxes depend on the city's mill rate.
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