61.0
Fair
Property score
61.0
Fair
Overall 61.0
Smaller and older than most nearby homes
963 sqft (bottom 14%)
Built in 1987 (6 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 76.0
1-min walk to transit with 1 nearby route
Within 500m: 6 dining spots, 2 schools, 1 healthcare facility, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
25% 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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61.0 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
7 Timberwood Trail — 16 amenities found within 500 m, across 6 categories, including 6 dining (nearest 245 m), 2 education (nearest 191 m), 1 healthcare (nearest 199 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%
Local garbage, recycling, and yard waste pickup schedule for 7 Timberwood Trail.
Garbage
wednesday
Recycling
wednesday
Yard Waste
wednesday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 37% | Bottom 29% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Timberwood Trail, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 7 Timberwood Trail in Riverbend presents a practical and value-oriented opportunity. Its key characteristic is a clear trade-off: the living space of 963 sqft is notably below average for the street, neighborhood, and city, making it best suited for buyers who prioritize efficiency and lower maintenance over spaciousness. However, its assessed value of $383k is above average for Timberwood Trail itself, suggesting the property is well-regarded within its immediate context. It was built in 1987, making it one of the original homes on the street.
The appeal lies in its position as a potentially affordable entry point into a stable neighborhood. It suits first-time buyers, downsizers, or investors seeking a manageable property without a premium for extra square footage. A thoughtful perspective is that a smaller, well-maintained home on a desirable street can offer a stronger sense of community and a better financial footing than a larger, more burdensome property elsewhere. The lot size is consistent with the street, offering standard outdoor space.
Section 2: Frequently Asked Questions
1. Is the below-average living area a concern?
It depends on your needs. The home is smaller than most in the area, which is reflected in its positioning. It’s ideal for those comfortable with a compact layout, but growing families may find it limiting.
2. Why is the assessed value above the street average if the home is smaller?
Assessed value considers more than just size, including the property's condition, improvements, and its specific location on the street. This suggests that, despite the smaller footprint, the property holds its value well compared to its direct neighbors.
3. What does it mean that the home is one of the oldest on the street?
Built in 1987, it is among the first homes built on Timberwood Trail. This can mean established landscaping and a mature streetscape, but buyers should pay close attention to the age-appropriate condition of major systems like the roof, windows, and heating.
4. How reliable is the sold price data shown?
The site notes that sold prices are based on public data, not the MLS, and are presented in broad ranges. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
5. What are the immediate neighbors like?
The listing shows several nearby homes on the same street with very similar assessed values and years built, indicating a consistent, established character for this section of Timberwood Trail.
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