334 Oakwood Avenue

Riverview, Winnipeg

Property score

61.3

Fair

Overall 61.3 · Older than most nearby homes

1,069 sqft (bottom 32%) · Built in 1923 (15 yrs older 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: 14 dining spots, 3 schools, 3 healthcare facilitys, and 2 shops nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Below average

15 yrs older 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

61.3 is composed by the two sections below.

Property Score

49.7Low
Living Area1,069 sqft52Fair
Year Built192320Low
Lot Size6,398 sqft81Excellent
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

around average
1,069 sqft
0255075100
Same streetBottom 30%Same areaBottom 32%CitywideBottom 36%
Same street · Oakwood Avenue
#66 / 94
Bottom 30% · Avg 1,457 sqft
Same area · Riverview
#1,008 / 1,480
Bottom 32% · Avg 1,306 sqft
Citywide · Winnipeg
#125,397 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
454k
0255075100
Same streetTop 17%Same areaTop 21%CitywideTop 28%
Same street · Oakwood Avenue
#16 / 94
Top 17% · Avg 399.3k
Same area · Riverview
#313 / 1,480
Top 21% · Avg 389.3k
Citywide · Winnipeg
#53,847 / 194,458
Top 28% · Avg 390.1k

Year Built

around average
1923
0255075100
Same streetBottom 29%Same areaBottom 30%CitywideBottom 14%

Lot Size

above average
6,398 sqft
0255075100
Same streetTop 11%Same areaTop 14%CitywideTop 24%

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

334 Oakwood Avenue — 34 amenities found within 500 m, across 8 categories, including 14 dining (nearest 175 m), 3 education (nearest 331 m), 3 healthcare (nearest 174 m).

Search radius
🍽️Dining14
🏫Education3
🏥Healthcare3
🛒Shopping2
🌳Parks3
💪Sports2
Fuel Stations1
Worship6

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 5/2017CA$400k–450k
Sold price

Same street

Top 35%

Same area

Top 28%

City-wide

Top 32%

Related homes

Highlights & common questions: 334 Oakwood Avenue, Winnipeg

Property Overview & Appeal

This home at 334 Oakwood Avenue in Riverview presents a classic Winnipeg character property built in 1923. Its key appeal lies in the desirable combination of a generous, above-average lot and a strong assessed value, set within a well-established neighborhood. While the living area is modest compared to some neighbors, the property’s value is anchored in its substantial 6,398 sqft land parcel, which ranks in the top 11% on its own street. This suggests significant potential for outdoor space, gardening, or future expansion, a notable advantage in a mature area.

The home’s assessed value of $454k sits comfortably above averages for the street, neighborhood, and city, indicating it is viewed as a premium property within its immediate context. It would suit a buyer looking for a character home on a sizable lot who values established communities over brand-new construction. It’s a practical choice for someone willing to potentially update an older home (built earlier than most on the street) to modernize it, in exchange for the enduring value of land and location. The appeal is less about sheer interior size and more about the property's overall footprint and its perceived long-term value in the market.


Frequently Asked Questions

1. Is the house smaller than others in the area?
Yes, the living area of 1,069 sqft is somewhat below the average for Oakwood Avenue. However, the lot size is significantly above average, which often compensates for a smaller footprint by offering more outdoor space and potential.

2. Why is the assessed value higher than the neighborhood average?
The assessed value of $454k is above average, likely reflecting the property's larger-than-standard lot size and its positioning on a sought-after street in Riverview. Assessments consider the property's overall attributes and its context.

3. What should I know about the home’s age?
Built in 1923, it is older than most homes on its street. This typically means charming character but also warrants a thorough inspection to understand the condition of major systems like plumbing, electrical, and the foundation, which may have been updated over time.

4. How does the last sold price compare?
Records show it last sold between $400k-$450k in May 2017. The current assessed value suggests appreciation since then, but for exact historical sale figures, you must request a manual lookup from the site via email.

5. What are the trade-offs of this property?
The primary trade-off is between interior space and land. You are acquiring a premium lot in a stable area, but the home itself may require updates and offers less square footage than some neighboring houses. It’s a fit for those who prioritize land value and location over move-in-ready, modern spaciousness.

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