71.6
Good
Property score
71.6
Good
Overall 71.6
Compared with neighbourhood average
1,174 sqft (bottom 40%)
Built in 1989 (4 yrs older than avg)
Located in a high-income area
with median household income of ~117k
Transit 68.0
4-min walk to transit with 1 nearby route
Within 500m: 5 dining spots, 1 school, 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
Near average
9% smaller than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 7%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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71.6 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: #46110760
$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
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
81 Hearthwood Grove — 15 amenities found within 500 m, across 8 categories, including 5 dining (nearest 286 m), 1 education (nearest 479 m), 1 healthcare (nearest 455 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 81 Hearthwood Grove.
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 12% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 81 Hearthwood Grove, Winnipeg
Key Characteristics & Appeal
This 1,174 sqft home, built in 1989, presents a solid, middle-of-the-road offering in Winnipeg's Riverbend neighborhood. Its primary appeal lies in its established stability rather than standout extremes. The home sits on a modest, slightly below-average lot for the immediate area but benefits from being one of the newer builds on its street. With an assessed value of $393k, it aligns closely with city-wide averages, suggesting a market-appropriate valuation.
The property would suit a practical, value-conscious buyer—perhaps a first-time homeowner or a downsizer—who prioritizes a move-in ready home in a mature neighborhood over a fixer-upper or a brand-new build. Its appeal is in its predictability: you’re getting a home that is consistently "around average" in size and value for its city and area, which can mean less competition and fewer price surprises. A thoughtful perspective is that its slightly smaller lot could be seen as a benefit for those seeking lower maintenance without sacrificing interior living space, which is competitive for the street.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $250k-$300k in 2016. While exact recent sale prices for nearby homes require a manual lookup, the assessed value ranks in the top 38% on Hearthwood Grove, indicating it is viewed favorably compared to direct neighbors.
2. Is the lot size a concern?
The land area is below average for both the street and the Riverbend neighborhood. This typically means a smaller yard, which reduces maintenance but may limit expansion or outdoor recreation space. It’s a trade-off that depends on the buyer’s lifestyle.
3. What does the "Elite" ranking for year built mean?
Ranked in the top 5% on its street, this means 81 Hearthwood Grove is one of the newest homes on the block. In a mature area, a newer build (1989) can suggest potentially fewer immediate updates compared to older surrounding homes.
4. Are the property taxes likely to be high?
The assessed value of $393k is very close to the Winnipeg city-wide average for comparable homes ($390.1k). You can expect property taxes to be in line with an average-priced home for the city, not unusually high or low for its type.
5. How can I verify the exact past sale price?
Due to data display rules, exact sold prices are not published on this site. You can request the exact sale history via email, and the team will provide the verified figures manually, typically by the end of the same business day.
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