64 Riverstone Road

Riverbend, Winnipeg

65.6

Good

Overall 65.6

Smaller and older than most nearby homes

1,090 sqft (bottom 28%)

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: 7 dining spots, 1 healthcare facility, 1 shop, and 1 park nearby

Living Area

Below average

15% 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

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Property score

65.6 is composed by the two sections below.

Property Score

50.9Fair
Living Area1,090 sqft52Fair
Year Built198778Good
Lot Size2,397 sqft18Low
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

around average
1,090 sqft
0255075100
Same streetBottom 37%Same areaBottom 28%CitywideBottom 39%
Same street · Riverstone Road
#25 / 40
Bottom 37% · Avg 1,216 sqft
Same area · Riverbend
#1,226 / 1,712
Bottom 28% · Avg 1,288 sqft
Citywide · Winnipeg
#119,484 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
312k
0255075100
Same streetBottom 25%Same areaBottom 7%CitywideBottom 33%
Same street · Riverstone Road
#30 / 40
Bottom 25% · Avg 373.9k
Same area · Riverbend
#1,595 / 1,712
Bottom 7% · Avg 410.2k
Citywide · Winnipeg
#130,567 / 194,458
Bottom 33% · Avg 390.1k

Year Built

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

Lot Size

below average
2,397 sqft
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 3%

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

64 Riverstone Road — 16 amenities found within 500 m, across 7 categories, including 7 dining (nearest 223 m), 1 healthcare (nearest 418 m), 1 shopping (nearest 369 m).

Search radius
🍽️Dining7
🏥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 11/2021CA$250k–300k
Sold price

Same street

Bottom 28%

Same area

Bottom 13%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 64 Riverstone Road, Winnipeg

Property Overview: 64 Riverstone Road, Riverbend, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,090 sqft home, built in 1987, presents a practical opportunity in Winnipeg's Riverbend neighborhood. Its primary appeal lies in its position as a competitively priced entry point into a well-established area. The assessed value of $312k is notably below the averages for both the street and the wider neighborhood, suggesting potential value relative to its immediate surroundings. The living space is consistent with typical Winnipeg homes, making it a functional layout for many.

The property’s standout characteristic is its lot size of 2,397 sqft, which is significantly smaller than most lots on the street and in the city. This translates to minimal exterior maintenance—a clear advantage for buyers seeking a manageable yard or preferring to spend less time on landscaping. Conversely, it offers limited space for expansions, large decks, or extensive private outdoor recreation.

This home would best suit first-time buyers, downsizers, or pragmatic investors looking for an affordable foothold in a mature neighborhood without the upkeep of a large lot. It’s a home for those who value location and simplicity over square footage and expansive grounds. A thoughtful perspective is that its below-average metrics for the area might offer a more stable valuation in economic shifts, as it isn't carrying a premium for lot size.

Section 2: Frequently Asked Questions

1. Is the smaller lot size a disadvantage?
It depends on your lifestyle. While it limits potential for additions like a large garage or pool, it significantly reduces maintenance time and costs. It’s a trade-off that appeals to those seeking low-maintenance living.

2. How does the assessed value compare to recent sale prices?
The home sold between $250k-$300k in late 2021. Its current assessed value of $312k is above that sale range but remains below the current neighborhood average, indicating it may still be valued conservatively compared to nearby properties.

3. What does the "Below Average" ranking for year built mean?
Built in 1987, it is slightly older than most homes on Riverstone Road and in Riverbend. However, it is notably newer than the average Winnipeg home. Buyers can expect systems and components typical of late-80s construction, which may have been updated over the last 39 years.

4. Who might this property not suit?
It may not suit buyers who prioritize extensive outdoor space, privacy from neighbors, or who have plans for a major home expansion. Families needing multiple large bedrooms or dedicated recreational space indoors might find the ~1,090 sqft layout limiting.

5. How can I verify the exact historical sale price?
The provided data shows a sold price range. Due to data display rules, exact sale figures are available upon direct request to the site administrators, who will provide them via email after a manual lookup.

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