58 Riverstone Road

Riverbend, Winnipeg

55.7

Fair

Overall 55.7

Smaller and older than most nearby homes

762 sqft (bottom 2%)

Built in 1987 (6 yrs older than avg)

Located in a high-income area

with median household income of ~117k

Transit 68.0

3-min walk to transit with 1 nearby route

Within 500m: 6 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

41% 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)

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

55.7 is composed by the two sections below.

Property Score

34.4Low
Living Area762 sqft22Low
Year Built198778Good
Lot Size2,732 sqft28Low
Neighbourhood Sales Activity28Low

Community Score

87.7Excellent
Household Income90Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110760

Community deep dive

$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

Population, labour & age

Population (2021)1,063
Labour force participation rate79%
Median age38.8
Avg household size3.0
Unemployment rate10%
Population density4088 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households14%
Couple families with children42%
Median household income (2020)$117K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority20%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 7%

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

Rankings

Living Area

below average
762 sqft
0255075100
Same streetBottom 1%Same areaBottom 2%CitywideBottom 7%
Same street · Riverstone Road
#40 / 40
Bottom 1% · Avg 1,216 sqft
Same area · Riverbend
#1,681 / 1,712
Bottom 2% · Avg 1,288 sqft
Citywide · Winnipeg
#181,015 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

around average
305k
0255075100
Same streetBottom 17%Same areaBottom 6%CitywideBottom 31%
Same street · Riverstone Road
#33 / 40
Bottom 17% · Avg 373.9k
Same area · Riverbend
#1,610 / 1,712
Bottom 6% · Avg 410.2k
Citywide · Winnipeg
#134,804 / 194,458
Bottom 31% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetBottom 10%Same areaBottom 27%CitywideTop 25%

Lot Size

around average
2,732 sqft
0255075100
Same streetBottom 30%Same areaBottom 5%CitywideBottom 8%

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

58 Riverstone Road — 16 amenities found within 500 m, across 8 categories, including 6 dining (nearest 203 m), 1 education (nearest 500 m), 1 healthcare (nearest 396 m).

Search radius
🍽️Dining6
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks1
🏦Finance1
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 5/2024CA$300k–350k
Sold price

Same street

Bottom 39%

Same area

Bottom 18%

City-wide

Bottom 39%
Sold 5/2019CA$200k–250k
Sold price

Same street

Bottom 6%

Same area

Bottom 2%

City-wide

Bottom 17%

Related homes

Highlights & common questions: 58 Riverstone Road, Winnipeg

Property Overview: 58 Riverstone Road, Winnipeg

Key Characteristics & Appeal

This home at 58 Riverstone Road is a compact, single-story property in the Riverbend neighborhood. Built in 1987, its primary characteristic is its modest scale: at 762 sqft, its living area is notably smaller than most homes on its street, in Riverbend, and across Winnipeg. The lot size of 2,732 sqft is also more compact compared to area norms. Its assessed value of $305k is below the local street and neighborhood averages, positioning it as a more affordable entry point into the area.

The appeal lies in this affordability and manageability. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property in a well-established neighborhood without the premium price tag of larger homes. A thoughtful perspective is that its smaller footprint can mean lower utility costs and less upkeep, offering a simpler lifestyle. While it ranks below average in size locally, its city-wide assessed value is around average, suggesting it holds value as a functional property in Winnipeg’s broader market. It last sold in 2024, indicating recent market activity and interest at this price point.

Frequently Asked Questions

1. Is the living area too small for practical use?
While below area averages, the 762 sqft layout may be efficient for one or two people. Prospective buyers should consider their space needs versus the benefit of a lower price in the neighborhood.

2. Why is the assessed value lower than neighbors'?
The assessed value reflects the property’s smaller size and lot relative to others on Riverstone Road and in Riverbend, where homes are typically larger. It aligns more closely with Winnipeg-wide averages.

3. What does the recent sale history indicate?
The property sold in May 2024, and previously in May 2019. This shows it is a transactable property that has attracted buyer interest roughly every five years, likely due to its affordability.

4. How does the lot size impact the property?
The lot is smaller than many in the area, which means less yard maintenance. It may limit expansion possibilities but contributes to the home’s lower-maintenance appeal.

5. Where can I get verified sale price details?
The exact sale prices are not published on this site due to data restrictions. You can request the full transaction history and exact figures via email from the site provider for a manually verified report.

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.