67.5
Good
Property score
67.5
Good
Overall 67.5
Smaller and older than most nearby homes
1,050 sqft (bottom 23%)
Built in 1987 (6 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 68.0
2-min walk to transit with 1 nearby route
Within 500m: 7 dining spots, 2 schools, 1 healthcare facility, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
18% 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
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67.5 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
64 Timberwood Trail — 19 amenities found within 500 m, across 8 categories, including 7 dining (nearest 126 m), 2 education (nearest 350 m), 1 healthcare (nearest 62 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 | Top 7% | Top 25% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
64 Timberwood Trail is a 1,050 sqft bungalow built in 1987, situated on a notably large 8,611 sqft lot in Winnipeg's Riverbend neighborhood. Its appeal is defined by a unique combination of a premium lot size and a solid, well-maintained structure from the late 1980s. While the living space is modest compared to newer neighborhood builds, the property’s assessed value of $440k ranks at the very top of its street, indicating a premium placement or exceptional condition.
Key Characteristics & Ideal Buyer
The standout feature is the land. The lot is exceptionally large for the area, ranking in the top 3% on its street and top 7% in Riverbend, offering rare potential for expansion, gardening, or outdoor living. The home itself presents a practical, no-fuss layout typical of its era. It would suit a buyer who values space and privacy over square footage, such as a downsizer seeking a manageable home with a generous yard, or a first-time buyer looking for a solid starter home with clear future potential to add value through renovations or an addition. Its "elite" street ranking for year built suggests it may be one of the original and best-maintained homes on the block, offering a sense of established stability.
1. Is the house small for the neighborhood?
The living area is slightly below the Riverbend neighborhood average but is very close to the average for Timberwood Trail itself. The trade-off is the significantly larger-than-average lot.
2. Why is the assessed value so high compared to the street average?
At $440k, it ranks #1 on the street, where the average is $370k. This premium likely reflects the combination of the oversized lot, the home's condition, and its position as one of the original (1987) homes on the street.
3. What is the recent sale history?
Records indicate it sold between $400k-$450k in July 2022. For verified, exact sale figures, you can request a manual lookup from the site.
4. How does the lot size compare to a typical city lot?
The lot is 8,611 sqft, which is well above the Winnipeg average of 6,570 sqft for comparable homes, placing it in the top 9% city-wide.
5. What are the possible drawbacks?
The home’s floor plan and finishes may reflect its 1987 origins, potentially requiring updates. While the lot is a major asset, buyers prioritizing interior square footage over land size may find newer builds in the area offer more living space for a similar price.
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