61.0
Fair
Property score
61.0
Fair
Overall 61.0
Smaller than most nearby homes
858 sqft (bottom 5%)
Built in 1990 (3 yrs older than avg)
Located in a high-income area
with median household income of ~129k
Transit 68.0
3-min walk to transit with 1 nearby route
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 73%Punjabi · 4%
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: #46110759
$129K
Median household income
$130K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
11%
Single-person households
41%
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
8 Deepwood Cove — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 426 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 8 Deepwood Cove.
Garbage
wednesday
Recycling
wednesday
Yard Waste
wednesday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 18% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
8 Deepwood Cove presents a well-situated, single-family home in Winnipeg's Riverbend neighborhood. Built in 1990, its key characteristic is its efficient, modest footprint of 858 sqft, which is notably smaller than most homes on its street and in the wider area. This is balanced by a land area of 5,451 sqft that is above average for Riverbend, offering generous outdoor space relative to the home's size. With an assessed value of $385k, it sits at a value point that is competitive city-wide but below the average for its immediate street.
The appeal lies in its position as a potentially more accessible entry point into a mature neighborhood. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property with a sizable yard for gardening or expansion. The data suggests a "value-for-lot" proposition, where you're investing more in the location and land than in a large living area. A thoughtful perspective is that a smaller home on a good-sized lot can offer lower utility costs and less upkeep, while still providing room for outdoor living or future landscaping projects.
Frequently Asked Questions
1. Is the living area too small?
At 858 sqft, the home is compact. It's significantly smaller than the average home on Deepwood Cove (1,319 sqft) and in Riverbend. This suits simpler living arrangements but may feel cramped for those needing multiple dedicated rooms or extensive storage.
2. How does the assessed value compare?
The $385k assessment is around the Winnipeg average but is below the street average of $420.3k. This can indicate a relative value on the street, but it also reflects the home's smaller size. It last sold between $300k-$350k in 2019.
3. What is the neighborhood like?
Riverbend is an established neighborhood. The data shows homes here are generally newer than the Winnipeg average, and the lot size for this property is above the neighborhood norm, which is a positive differentiator.
4. What are the potential downsides?
The primary consideration is space. The home ranks in the bottom tier on its street for living area. Buyers should be comfortable with a cozy layout or have a realistic budget for potential renovations to expand or reconfigure the space.
5. How can I verify the exact past sale price?
The site provides sold price ranges for non-members. To receive the exact historical sale figures, you must request them via email from the site administrators, as they manually look up and provide this data due to industry regulations.
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