66 Riverstone Road

Riverbend, Winnipeg

65.6

Good

Overall 65.6

Smaller than most nearby homes

1,080 sqft (bottom 27%)

Built in 1988 (5 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

16% smaller than neighborhood avg.

Year Built

Below average

5 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 Area1,080 sqft52Fair
Year Built198878Good
Lot Size2,486 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
1,080 sqft
0255075100
Same streetBottom 35%Same areaBottom 27%CitywideBottom 37%
Same street · Riverstone Road
#26 / 40
Bottom 35% · Avg 1,216 sqft
Same area · Riverbend
#1,245 / 1,712
Bottom 27% · Avg 1,288 sqft
Citywide · Winnipeg
#121,563 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

below average
286k
0255075100
Same streetBottom 2%Same areaBottom 4%CitywideBottom 26%
Same street · Riverstone Road
#39 / 40
Bottom 2% · Avg 373.9k
Same area · Riverbend
#1,640 / 1,712
Bottom 4% · Avg 410.2k
Citywide · Winnipeg
#144,843 / 194,458
Bottom 26% · Avg 390.1k

Year Built

above average
1988
0255075100
Same streetTop 33%Same areaBottom 35%CitywideTop 24%

Lot Size

below average
2,486 sqft
0255075100
Same streetBottom 5%Same areaBottom 2%CitywideBottom 4%

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

66 Riverstone Road — 16 amenities found within 500 m, across 7 categories, including 7 dining (nearest 230 m), 1 healthcare (nearest 426 m), 1 shopping (nearest 371 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 7/2021CA$250k–300k
Sold price

Same street

Bottom 22%

Same area

Bottom 8%

City-wide

Bottom 30%
Sold 11/2016CA$250k–300k
Sold price

Same street

Bottom 17%

Same area

Bottom 5%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 66 Riverstone Road, Winnipeg

Property Overview: 66 Riverstone Road, Riverbend, Winnipeg

Key Characteristics & Buyer Appeal

This 1,080 sqft bungalow, built in 1988, presents a distinct value-oriented profile in Winnipeg's Riverbend neighborhood. Its primary appeal lies in its significantly lower assessed value ($286k) compared to area averages, offering an accessible entry point into the community. The home’s living area is reasonably aligned with city-wide norms, but it sits on a notably compact lot (2,486 sqft), one of the smallest on the street.

This property would suit practical, budget-conscious buyers—such as first-time homeowners, downsizers, or investors—who prioritize location and affordability over square footage and outdoor space. Its below-average valuation against peers suggests potential for equity growth in a rising market, but also indicates it may require updates or reflects its smaller land size. A thoughtful perspective is that the compact lot translates to lower maintenance costs and less yard work, which can be a hidden benefit for those seeking a simpler, more manageable property.


Frequently Asked Questions

1. Why is the assessed value so much lower than neighboring homes?
The assessed value is notably below street, neighborhood, and city averages. This typically reflects a combination of the home's smaller lot size, its specific living area, and potentially the condition or features relative to nearby properties. It's a key factor in the home's affordability.

2. Is the smaller lot size a major drawback?
It depends on your lifestyle. While it limits expansive gardening or large outdoor recreation space, it significantly reduces maintenance time and costs. It may also mean closer proximity to neighbors compared to other homes on the street.

3. How does the home's size compare for the area?
At 1,080 sqft, the living area is slightly below the neighborhood average but close to the city-wide average. It suggests a comfortable, efficient layout rather than a spacious one, fitting for individuals, couples, or small families.

4. What is the historical sales context?
The home sold previously in 2016 and 2021, with sold prices consistently in the CA$250k–300k range. This indicates a stable value history in that band, with its current assessed value of $286k fitting within that established range.

5. Where can I get verified sale price details?
The provided sold prices are estimated ranges from public data. For exact historical sale figures and a full transaction history, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.

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