323 Montgomery Avenue

Riverview, Winnipeg

Property score

73.1

Good

Overall 73.1 · Larger and newer than most nearby homes

1,647 sqft (top 19%) · Built in 1950 (12 yrs newer than avg)

Located in a above-average income area with median household income of ~84k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 1 healthcare facility, 4 parks, and 1 fuel station nearby

Living Area

Above average

26% larger than neighborhood avg.

Year Built

Above average

12 yrs newer than neighborhood avg.

Mother tongue

English · 93%French · 2%

Past 10 years Riverview sales snapshot (~80% of all data)

Sold Count

470

Median price

405k

$/sqft

$308/sqft

Avg build year

1938

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Property score

73.1 is composed by the two sections below.

Property Score

69.3Good
Living Area1,647 sqft83Excellent
Year Built195030Low
Lot Size5,998 sqft74Good
Neighbourhood Sales Activity48Low

Community Score

78.7Good
Household Income78Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need76Good
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110459

Community deep dive

$84K

Median household income

$106K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.2

P90 / P10 ratio

40%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)434
Labour force participation rate76%
Median age42.0
Avg household size2.1
Unemployment rate7%
Population density3338 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households40%
Couple families with children23%
Median household income (2020)$84K

Housing

Renter households38%
Condominium dwellings9%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority4%
Bachelor's or higher (25–64)49%
Mother tongue (1st)English · 93%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,647 sqft
0255075100
Same streetTop 15%Same areaTop 19%CitywideTop 23%
Same street · Montgomery Avenue
#15 / 98
Top 15% · Avg 1,270 sqft
Same area · Riverview
#278 / 1,480
Top 19% · Avg 1,306 sqft
Citywide · Winnipeg
#44,972 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
474k
0255075100
Same streetTop 13%Same areaTop 17%CitywideTop 24%
Same street · Montgomery Avenue
#13 / 98
Top 13% · Avg 426.1k
Same area · Riverview
#251 / 1,480
Top 17% · Avg 389.3k
Citywide · Winnipeg
#47,018 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1950
0255075100
Same streetBottom 39%Same areaTop 25%CitywideBottom 28%

Lot Size

above average
5,998 sqft
0255075100
Same streetTop 23%Same areaBottom 42%CitywideTop 32%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

323 Montgomery Avenue — 11 amenities found within 500 m, across 5 categories, including 4 dining (nearest 398 m), 1 healthcare (nearest 445 m), 4 parks (nearest 232 m).

Search radius
🍽️Dining4
🏥Healthcare1
🌳Parks4
Fuel Stations1
Worship1

Crime & Safety

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%

Sales History

Sold 1/2025CA$500k–550k
Sold price

Same street

Top 15%

Same area

Top 10%

City-wide

Top 14%
Sold 8/2023CA$450k–500k
Sold price

Same street

Top 27%

Same area

Top 14%

City-wide

Top 18%

Related homes

Highlights & common questions: 323 Montgomery Avenue, Winnipeg

Property Overview: 323 Montgomery Avenue, Riverview, Winnipeg

Key Characteristics & Appeal

This home at 323 Montgomery Avenue presents a strong, above-average offering in Winnipeg's Riverview neighborhood. Its primary appeal lies in its generous proportions and established value. With 1,647 sqft of living space, the home is notably larger than most comparable properties on its street, in Riverview, and across the city. This size advantage is paired with a substantial lot of nearly 6,000 sqft, providing ample outdoor space.

The home’s assessed value of $474k consistently ranks in the top tiers of its immediate market, indicating it is perceived as a premium property within its peer group. Recent sale activity shows a solid and increasing value trajectory. Built in 1950, it is a relatively newer home within the historic Riverview area, which may appeal to those seeking classic neighborhood character with potentially fewer concerns related to very old infrastructure.

This property would best suit buyers looking for a spacious, established home in a prime inner-city neighborhood. It’s ideal for someone who values above-average room sizes and lot dimensions and is comfortable with a home that commands a value premium on its block. It represents a move-in-ready option within its vintage, avoiding the extremes of both century-old upkeep and brand-new construction.


Frequently Asked Questions

1. How does this home’s size truly compare to its neighbors?
The living area is a standout feature. It ranks in the top 15% on Montgomery Avenue itself and top 19% in Riverview, meaning it offers more interior space than the vast majority of direct comparable homes.

2. What does the assessed value ranking tell me?
Ranking in the top 13% on its street for assessed value means this property is officially valued higher than most homes around it. This often correlates with better finishes, condition, or desirability, and it establishes a strong baseline for property taxes and market price.

3. The home sold recently in early 2025. What can we infer from that sale?
The sold price range placed it in the top 10-15% of area sales, confirming its premium market position. The increase from its 2023 sale price also suggests a strong appreciation trend in a short period.

4. Is the 1950 build year an advantage or disadvantage?
In Riverview, where many homes are from the early 1900s, a 1950 build is actually above average (top 25% in the neighborhood). This could mean updates to core systems like wiring or plumbing are more recent than in older area homes, though specific interior condition would need verification.

5. How can I get the exact sale price instead of a range?
The site notes that due to data source rules, exact sold prices are not displayed publicly. You must request them directly via email from the service, which provides a manual lookup without using your information for marketing.

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