311 Ridgecrest Avenue

Riverbend, Winnipeg

Property score

58.1

Fair

Overall 58.1 · Smaller and older than most nearby homes

970 sqft (bottom 16%) · Built in 1958 (35 yrs older than avg)

Located in a high-income area with median household income of ~93k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 2 schools, 1 healthcare facility, and 3 parks nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Below average

35 yrs older than neighborhood avg.

Mother tongue

English · 74%Tagalog · 5%

Past 10 years Riverbend sales snapshot (~80% of all data)

Sold Count

523

Median price

460k

$/sqft

$325/sqft

Avg build year

1993

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

58.1 is composed by the two sections below.

Property Score

46.3Low
Living Area970 sqft42Low
Year Built195843Low
Lot Size5,935 sqft74Good
Neighbourhood Sales Activity28Low

Community Score

75.7Good
Household Income82Excellent
Education Level54Fair
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health68Good

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: #46111234

Community deep dive

$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

Population, labour & age

Population (2021)1,017
Labour force participation rate63%
Median age38.0
Avg household size2.8
Unemployment rate7%
Population density2365 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households16%
Couple families with children31%
Median household income (2020)$93K

Housing

Renter households11%
Condominium dwellings4%
Median dwelling value (owners)$336K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority29%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

below average
970 sqft
0255075100
Same streetBottom 8%Same areaBottom 16%CitywideBottom 23%
Same street · Ridgecrest Avenue
#11 / 12
Bottom 8% · Avg 1,191 sqft
Same area · Riverbend
#1,444 / 1,712
Bottom 16% · Avg 1,288 sqft
Citywide · Winnipeg
#149,374 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
350k
0255075100
Same streetTop 42%Same areaBottom 16%CitywideBottom 46%
Same street · Ridgecrest Avenue
#5 / 12
Top 42% · Avg 349.9k
Same area · Riverbend
#1,430 / 1,712
Bottom 16% · Avg 410.2k
Citywide · Winnipeg
#104,540 / 194,458
Bottom 46% · Avg 390.1k

Year Built

around average
1958
0255075100
Same streetBottom 33%Same areaBottom 3%CitywideBottom 39%

Lot Size

above average
5,935 sqft
0255075100
Same streetTop 42%Same areaTop 19%CitywideTop 34%

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

311 Ridgecrest Avenue — 13 amenities found within 500 m, across 6 categories, including 4 dining (nearest 297 m), 2 education (nearest 206 m), 1 healthcare (nearest 445 m).

Search radius
🍽️Dining4
🏫Education2
🏥Healthcare1
🌳Parks3
💪Sports1
Worship2

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 6/2023CA$350k–400k
Sold price

Same street

Top 20%

Same area

Top 41%

City-wide

Top 38%
Sold 2/2019CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 5%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 311 Ridgecrest Avenue, Winnipeg

Property Overview: 311 Ridgecrest Avenue, Winnipeg

Key Characteristics & Appeal

This 1958-built home in Riverbend presents a practical opportunity. At 970 sqft, its living space is notably compact, ranking below average for its street, neighborhood, and city. This characteristic defines its core appeal: it is an efficient, lower-maintenance property in a well-established area. The assessed value of $350k is average for its immediate street but sits below the Riverbend neighborhood average, suggesting a potentially more accessible entry point into the area.

The lot size of 5,935 sqft is a standout feature, ranking above average within Riverbend, offering valuable outdoor space uncommon for the neighborhood. Recent sale history shows significant appreciation since 2019. This property would suit first-time buyers seeking a foothold in a mature community, downsizers looking for a manageable home with a generous yard, or value-focused investors attracted by the lot size and neighborhood stability. Its appeal is grounded in practicality and land value rather than square footage.

Frequently Asked Questions

1. Is the living area too small?
At 970 sqft, the home is compact. It’s ideal for 1-2 people or a small family comfortable with efficient living. The below-average size is reflected in its price positioning.

2. How does the assessed value compare?
At $350k, it’s typical for Ridgecrest Avenue but below the Riverbend average of ~$410k. This suggests you may be paying for location and land, with the home itself priced modestly.

3. What does the large lot size mean for me?
The lot is larger than most in Riverbend. This offers greater privacy, outdoor potential (gardens, additions, or a shed), and could contribute to future value relative to neighboring properties.

4. What is the neighborhood like?
Riverbend is an established area. The home itself is older than most in the neighborhood (ranked in the top 3% oldest), indicating a street of mature homes rather than recent developments.

5. How can I get exact past sale prices?
The site provides sold price ranges. For precise figures and full transaction history, you must request a manual lookup via email, as MLS data is not displayed here.

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.