Property score
54.8
Fair
Overall 54.8 · Smaller and older than most nearby homes
680 sqft (bottom 1%) · 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
47% 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)
523
460k
$325/sqft
1993
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54.8 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: #46110760
$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
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
276 Fernbank Avenue — 12 amenities found within 500 m, across 6 categories, including 6 dining (nearest 361 m), 1 shopping (nearest 496 m), 1 parks (nearest 352 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 46% | Bottom 44% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
276 Fernbank Avenue presents a unique opportunity in Winnipeg's Riverbend neighborhood. This 680 sqft bungalow, built in 1987, sits on a 3,901 sqft lot. Its most defining characteristic is its compact size, which places it well below the average for both the street and the wider area. The assessed value of $309,000 is notably lower than most neighboring homes, creating a distinct value proposition. The appeal here is rooted in affordability and efficiency. It suits first-time buyers seeking an entry point into a stable neighborhood, downsizers looking to reduce space and maintenance, or investors interested in a lower-cost rental property. A thoughtful perspective is that its smaller footprint and older vintage might mean lower utility costs and property taxes compared to larger, newer homes on the same street, offering a different kind of financial efficiency.
1. Why is the assessed value significantly lower than neighboring homes?
The primary reason is the home's smaller living area, which is less than half the size of many comparable properties on Fernbank Avenue. Assessed value heavily considers square footage, so the compact size results in a lower valuation.
2. Is this a good option for a growing family?
Given the below-average living space, it may feel cramped for a family. It is better suited for individuals, couples, or those with a minimalist lifestyle who prioritize location and affordability over space.
3. How does the lot size compare?
The lot is slightly larger than the street average but smaller than the neighborhood and city averages. This means you have a decent outdoor space for the area, without the extensive maintenance of a much larger yard.
4. What does the sale history indicate?
The home sold between $350,000 and $400,000 in late 2023. This suggests the market price was higher than the current assessed value, a common occurrence, and indicates buyer demand for well-priced homes in the area.
5. Are there major renovation considerations due to its age?
Built in 1987, the home is older than most on its street but is around the city's average age. A buyer should budget for potential updates to roofing, windows, or major systems that are nearing the end of a typical 30-40 year lifespan.
