315 Woodbine Avenue

Riverbend, Winnipeg

59.3

Fair

Overall 59.3

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

3-min walk to transit with 2 nearby routes

Within 500m: 5 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

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Property score

59.3 is composed by the two sections below.

Property Score

48.4Low
Living Area970 sqft42Low
Year Built195843Low
Lot Size7,496 sqft88Excellent
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

around average
970 sqft
0255075100
Same streetBottom 33%Same areaBottom 16%CitywideBottom 23%
Same street · Woodbine Avenue
#44 / 66
Bottom 33% · Avg 1,108 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

above average
399k
0255075100
Same streetTop 26%Same areaBottom 44%CitywideTop 39%
Same street · Woodbine Avenue
#17 / 66
Top 26% · Avg 365.2k
Same area · Riverbend
#961 / 1,712
Bottom 44% · Avg 410.2k
Citywide · Winnipeg
#75,018 / 194,458
Top 39% · Avg 390.1k

Year Built

around average
1958
0255075100
Same streetBottom 24%Same areaBottom 3%CitywideBottom 39%

Lot Size

above average
7,496 sqft
0255075100
Same streetTop 15%Same areaTop 10%CitywideTop 14%

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

315 Woodbine Avenue — 17 amenities found within 500 m, across 7 categories, including 5 dining (nearest 222 m), 2 education (nearest 250 m), 1 healthcare (nearest 223 m).

Search radius
🍽️Dining5
🏫Education2
🏥Healthcare1
🌳Parks3
💪Sports1
Fuel Stations4
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 6/2019CA$300k–350k
Sold price

Same street

Top 43%

Same area

Bottom 35%

City-wide

Top 50%

Related homes

Highlights & common questions: 315 Woodbine Avenue, Winnipeg

Property Overview: 315 Woodbine Avenue, Winnipeg

Key Characteristics & Appeal

This 1958-built home in Riverbend presents a distinct value proposition centered on its generous 7,496 sqft lot, which is significantly larger than most properties on its street and in the wider neighborhood. With 970 sqft of living space, the house itself is more compact and older than many area comparables, placing it below average for size and modernity within Riverbend. However, its assessed value of $399k sits above the street average, suggesting the substantial lot size is a key driver of its worth.

The primary appeal lies in the land itself. This property suits a buyer who prioritizes outdoor space, potential for expansion, or future redevelopment over move-in-ready size or contemporary finishes. It’s a practical choice for those comfortable with the character and potential maintenance of an older home, seeing it as a foundation to build upon—literally or figuratively. The offering is balanced: you trade interior square footage for a notably larger, rarer parcel of land in a well-established area.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($399k) is for municipal tax purposes and is a starting point for market valuation. It reflects the property’s above-average lot value. The final sale price will be determined by current market conditions, the home’s interior condition, and buyer demand for lots of this size.

2. How does the smaller, older house affect insurance and renovation potential?
An older home (built in 1958) may have outdated electrical, plumbing, or insulation. This can influence insurance premiums and the scope/cost of any renovations. The large lot does offer clear potential for additions, but any major structural work must account for the existing foundation and building codes.

3. The last sold price (2019) is shown as a range. How can I get the exact figure?
The public data shows a sold price range between $300k-$350k for June 2019. For verified, exact historical sale figures, you must request a manual lookup from the site provider via email, as they do not display MLS data directly.

4. What does the "below average" ranking for living area practically mean for daily life?
With 970 sqft, the living space is functionally smaller than most homes in Riverbend. This typically means fewer or smaller rooms, limited storage, and a need for efficient space planning. It may be ideal for a smaller household or someone willing to trade interior space for the large yard.

5. Are the property taxes likely to be high given the assessed value?
Property taxes are calculated using the assessed value and the city’s mill rate. While the assessment is above average for the street, you should research the specific annual tax amount for this address, as the total can vary. The larger lot contributes to this assessment.

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