65.2
Good
Property score
65.2
Good
Overall 65.2
Smaller and older than most nearby homes
1,068 sqft (bottom 25%)
Built in 1987 (6 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 76.0
2-min walk to transit with 1 nearby route
Within 500m: 6 dining spots, 1 school, 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
17% smaller than neighborhood avg.
Year Built
Below average
6 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
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
Free · No credit card required
65.2 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
32 Timberwood Trail — 15 amenities found within 500 m, across 6 categories, including 6 dining (nearest 203 m), 1 education (nearest 238 m), 1 healthcare (nearest 153 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 | Bottom 22% | Bottom 20% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 32 Timberwood Trail, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1,068 sqft bungalow, built in 1987, presents a solid, no-surprises offering in the established Riverbend neighborhood. Its primary appeal lies in its balanced and stable profile. The home sits on a notably generous 5,358 sqft lot for its street, offering above-average outdoor space relative to immediate neighbors. While the living area is modest compared to newer parts of Riverbend, it is competitive on its own street and city-wide.
The property’s assessed value of $377k aligns closely with averages at every comparison level, suggesting it is priced appropriately within the market without premium or discount outliers. A thoughtful perspective is that this home represents a "known quantity"—its age and consistent metrics indicate predictable costs and neighborhood character, avoiding the potential premium for newer construction or the uncertainty of a much older home. It last sold in 2016, indicating a stable ownership period.
This home would best suit first-time buyers or downsizers seeking a manageable footprint in a mature area, or value-focused buyers who prioritize lot size over interior square footage. It’s for those who find appeal in a home that is statistically average in cost and size, but offers a relative advantage in land.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 1,068 sqft, the living area is slightly below the Riverbend neighborhood average but is very typical for homes directly on Timberwood Trail. It ranks in the top third for size on its own street.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $377k is consistently "around average" when compared to the street, neighborhood, and city. This suggests it is a reliable benchmark, though final sale price will depend on market conditions and the home's specific condition.
3. What does the lot size mean for potential buyers?
The 5,358 sqft lot is a key feature, ranking in the top 20% on its street. This offers more private outdoor space than many comparable properties, which could be valuable for gardening, recreation, or future expansion.
4. The home was built in 1987. What should I consider?
Built in 1987, this home is among the newest on its street. Buyers should budget for updates common to homes of this era, such as roofing, windows, or interior finishes, but may benefit from more modern construction standards than much older Winnipeg homes.
5. How can I find out the exact price it last sold for?
The public data shows a sale between $300k-$350k in September 2016. For fully verified and exact historical sale figures, you must request a manual lookup via email from the site, as they do not display MLS sold records.
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.
