Property score
66.8
Good
Overall 66.8 · Smaller than most nearby homes
960 sqft (bottom 14%) · Built in 1993
Located in a high-income area with median household income of ~117k
Transit 76.0 · 1-min walk to transit with 1 nearby route · Within 500m: 6 dining spots, 1 shop, 1 park, and 1 bank/ATM nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer 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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66.8 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
88 Riverstone Road — 14 amenities found within 500 m, across 6 categories, including 6 dining (nearest 277 m), 1 shopping (nearest 404 m), 1 parks (nearest 380 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 28% | Bottom 36% | Top 50% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 88 Riverstone Road, Riverbend, Winnipeg
Key Characteristics & Appeal
This 960 sqft bungalow, built in 1993, presents a practical and competitively positioned home in the established Riverbend neighborhood. Its key appeal lies in its balance of a newer build date and a manageable scale within a mature community. While the living area is notably below average for the street, neighborhood, and city, this translates to lower utility costs and less maintenance—a potential advantage for those seeking efficiency. The assessed value of $399k is consistently around the average benchmark at every comparison level, suggesting the property is priced squarely within its market context without significant premium or discount.
The home would suit first-time buyers or downsizers looking for a solid, no-fuss entry into a stable neighborhood without the upkeep of a larger property. Its above-average lot size for Riverbend offers valuable outdoor space relative to many area homes. A thoughtful perspective is that its newer construction date (top 8% on its street) may mean modern building standards and potentially deferred major maintenance compared to older peers, offering a sense of security. The data indicates it’s a home that doesn’t stand out in size or price, but offers a grounded, average-cost foothold in a desirable area.
Frequently Asked Questions
1. Is the living area too small?
At 960 sqft, the home is smaller than most comparable properties on its street and in Winnipeg. This is ideal for those seeking a low-maintenance, efficient space, but buyers needing ample room should view the floorplan to ensure it meets their needs.
2. How does the assessed value relate to the likely selling price?
The assessed value of $399k is very close to the average for the street, area, and city. This suggests it is a fair benchmark, but the final sale price will be determined by current market conditions, the home’s interior condition, and recent comparable sales.
3. What are the implications of the build year being "above average"?
Built in 1993, this home is newer than most in Winnipeg and on its street. This often correlates with updated electrical, plumbing, and insulation standards, which can mean fewer immediate major upgrades and improved energy efficiency compared to much older stock.
4. How does the last sold price (2021) inform today's value?
The home sold for between $300k-$350k in April 2021. Market appreciation since then is reflected in the current $399k assessment. This history shows solid equity growth for the past owner, but does not directly set today’s price.
5. What does the lot size offer?
At 5,400 sqft, the lot is above average for the Riverbend neighborhood. This provides more private outdoor space than many nearby properties, which is a valued feature for gardening, recreation, or future additions like a shed or deck.
