323 Woodbine Avenue

Riverbend, Winnipeg

53.2

Fair

Overall 53.2

Smaller and older than most nearby homes

831 sqft (bottom 3%)

Built in 1957 (36 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, 2 schools, 1 healthcare facility, and 3 parks nearby

Living Area

Below average

35% smaller than neighborhood avg.

Year Built

Below average

36 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

53.2 is composed by the two sections below.

Property Score

38.2Low
Living Area831 sqft32Low
Year Built195743Low
Lot Size4,997 sqft60Fair
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
831 sqft
0255075100
Same streetBottom 11%Same areaBottom 3%CitywideBottom 11%
Same street · Woodbine Avenue
#59 / 66
Bottom 11% · Avg 1,108 sqft
Same area · Riverbend
#1,658 / 1,712
Bottom 3% · Avg 1,288 sqft
Citywide · Winnipeg
#173,053 / 194,458
Bottom 11% · Avg 1,342 sqft

Tax-Assessed Value

around average
307k
0255075100
Same streetBottom 14%Same areaBottom 6%CitywideBottom 31%
Same street · Woodbine Avenue
#57 / 66
Bottom 14% · Avg 365.2k
Same area · Riverbend
#1,607 / 1,712
Bottom 6% · Avg 410.2k
Citywide · Winnipeg
#133,605 / 194,458
Bottom 31% · Avg 390.1k

Year Built

around average
1957
0255075100
Same streetBottom 17%Same areaBottom 1%CitywideBottom 37%

Lot Size

around average
4,997 sqft
0255075100
Same streetBottom 33%Same areaTop 41%CitywideBottom 44%

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

323 Woodbine Avenue — 16 amenities found within 500 m, across 7 categories, including 4 dining (nearest 256 m), 2 education (nearest 227 m), 1 healthcare (nearest 254 m).

Search radius
🍽️Dining4
🏫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 7/2021CA$300k–350k
Sold price

Same street

Bottom 36%

Same area

Bottom 22%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 323 Woodbine Avenue, Winnipeg

Property Overview: 323 Woodbine Avenue, Winnipeg

Key Characteristics & Appeal

This 831 sqft home, built in 1957 on a 4,997 sqft lot in Riverbend, presents a clear value-oriented profile. Its appeal lies in its relative affordability within a desirable neighborhood. The assessed value of $307k is notably below the local area average, positioning it as an accessible entry point into Riverbend. While the living space is compact compared to most homes on the street and in the neighborhood, this translates to lower utility costs and less maintenance. The lot size is consistent with area norms, offering standard outdoor space.

The property would suit first-time buyers or downsizers seeking a foothold in a well-established community without a premium price tag. It’s a practical choice for those who prioritize location and lot over square footage, and who may see potential in a vintage home. A thoughtful perspective is that its 1957 build date makes it older than 99% of the neighborhood, which could appeal to buyers interested in classic character or a renovation project, set among mostly newer homes.

Frequently Asked Questions

1. Is this home significantly smaller than others in the area?
Yes. At 831 sqft, the living area is below the average for both Woodbine Avenue (1,108 sqft) and the wider Riverbend neighborhood (1,288 sqft).

2. How does its assessed value compare?
The $307k assessment is below the street and neighborhood averages, but aligns closely with the Winnipeg city-wide average. This suggests it is priced accessibly for the specific area.

3. What is the history of sales for this property?
It last sold between July 2021 for a price estimated in the $300k-$350k range. Exact sale prices require a manual lookup request through the site.

4. How does the lot size compare?
The 4,997 sqft lot is around average for both the street and the Riverbend neighborhood.

5. The home is older than most in Riverbend. What should I consider?
Built in 1957, it is among the oldest 1% of homes in the neighborhood. This warrants a close look at the condition of major aging components like the roof, plumbing, and electrical systems, but also may offer architectural details not found in newer builds.

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