Property score
71.4
Good
Overall 71.4 · Newer than most nearby homes
1,165 sqft (bottom 43%) · Built in 1959 (21 yrs newer than avg)
Located in a high-income area with median household income of ~108k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 3 parks nearby
Living Area
Near average
11% smaller than neighborhood avg.
Year Built
Above average
21 yrs newer than neighborhood avg.
Mother tongue
English · 88%French · 4%
Past 10 years Riverview sales snapshot (~80% of all data)
470
405k
$308/sqft
1938
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71.4 is composed by the two sections below.
Property Score
Community Score
Riverview
How to read: Share of sales in each ~$50k price band for “riverview” (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: #46110458
$108K
Median household income
$113K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
24%
Single-person households
26%
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
275 Wavell Avenue — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 224 m).
Riverview · WPS public data · 2026
Annual incidents
7
2026
vs. city avg
-76%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Property
57%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 35% | Top 45% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 275 Wavell Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This home presents a compelling blend of space, modernity, and value within Winnipeg's Riverview neighborhood. Its key strength lies in its generous 6,957 sqft lot, which ranks in the top 6% on its street and top 8% in Riverview, offering significant outdoor potential. Built in 1959, it is notably newer than most area homes, ranking in the elite top 2% on its street and top 5% in the neighborhood, which often suggests updated infrastructure and fewer immediate maintenance concerns.
With 1,165 sqft of living space, the interior is competitively sized against local averages. The assessed value of $431k sits above average for both the street and Riverview, indicating strong perceived value by the city assessor relative to its immediate peers.
The appeal here is for practical buyers seeking a balanced, move-in-ready property. It would suit a young family or professional couple looking for a established, quiet street with room to grow outdoors, without the uncertainties of a much older home. A thoughtful perspective is that this property offers a "middle ground"—it’s not the largest or smallest, newest or oldest, but provides above-average lot size and modernity in a package that has consistently held value above its direct comparables.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Public records show it last sold between $350k-$400k in mid-2016. Its current assessed value of $431k is above the street average of $405k, suggesting appreciation. For verified, exact sale prices of this and nearby homes, you can request a manual lookup via email.
2. Is the house older than it seems given its 1959 build date?
Actually, no. For Riverview, a 1959 build is considered quite recent. It ranks in the top 5% for year built in the neighborhood, where the average comparable home was built in 1938. This relative newness can be a advantage.
3. The living area seems average. What makes this property stand out?
The standout features are the lot size and the newer build year. While the living space is on par with area norms, you are getting a larger-than-average yard and a home that is structurally younger than most in the area, which is a less common combination.
4. What does the "Above Average" assessed value ranking mean for property taxes?
An assessed value above the local average generally means you can expect a property tax bill that is also above the local average, as taxes are calculated based on this assessment. It reflects the city’s valuation of the property relative to others.
5. Can I see how this property compares visually to its neighbors?
Yes. You can open the dedicated neighbourhood analysis page to view this property on a map alongside nearby houses, with comparisons for year built, living area, assessed value, and lot size detailed side-by-side.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
