335 Balfour Avenue

Riverview, Winnipeg

Property score

72.0

Good

Overall 72.0 · Larger but older than most nearby homes

1,696 sqft (top 16%) · Built in 1913 (25 yrs older than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 10 dining spots, 1 school, 3 healthcare facilitys, and 1 shop nearby

Living Area

Above average

30% larger than neighborhood avg.

Year Built

Below average

25 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

72.0 is composed by the two sections below.

Property Score

67.5Good
Living Area1,696 sqft83Excellent
Year Built191316Low
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

above average
1,696 sqft
0255075100
Same streetTop 22%Same areaTop 16%CitywideTop 21%
Same street · Balfour Avenue
#22 / 100
Top 22% · Avg 1,361 sqft
Same area · Riverview
#244 / 1,480
Top 16% · Avg 1,306 sqft
Citywide · Winnipeg
#41,041 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

around average
326k
0255075100
Same streetBottom 17%Same areaBottom 27%CitywideBottom 38%
Same street · Balfour Avenue
#83 / 100
Bottom 17% · Avg 404.2k
Same area · Riverview
#1,086 / 1,480
Bottom 27% · Avg 389.3k
Citywide · Winnipeg
#121,390 / 194,458
Bottom 38% · Avg 390.1k

Year Built

below average
1913
0255075100
Same streetBottom 12%Same areaBottom 21%CitywideBottom 10%

Lot Size

above average
6,398 sqft
0255075100
Same streetTop 35%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

335 Balfour Avenue — 23 amenities found within 500 m, across 7 categories, including 10 dining (nearest 180 m), 1 education (nearest 476 m), 3 healthcare (nearest 226 m).

Search radius
🍽️Dining10
🏫Education1
🏥Healthcare3
🛒Shopping1
🌳Parks4
Fuel Stations1
Worship3

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 1/2016CA$300k–350k
Sold price

Same street

Bottom 32%

Same area

Bottom 44%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 335 Balfour Avenue, Winnipeg

Property Overview: 335 Balfour Avenue, Riverview, Winnipeg

Key Characteristics & Appeal

This 1913-built home in Riverview offers a compelling blend of space, lot size, and value. Its primary appeal lies in its generous 1,696 sqft living area, which ranks above average for its street, neighborhood, and the city overall. The 6,398 sqft lot is notably larger than most in Riverview, providing ample outdoor space in a mature area. With an assessed value of $326k, it presents a more accessible price point compared to many neighboring homes, suggesting potential value for the square footage and land offered.

The property suits buyers looking for a character home with room to grow or customize, who prioritize interior and yard space over a modern build date. It’s a practical choice for those comfortable with the maintenance considerations of an older home (built 21 years before the street average) in exchange for a established, spacious setting. A thoughtful perspective is that its below-average assessed value for the immediate area could indicate an opportunity, but also warrants closer inspection into condition and updates.


Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
Not necessarily. The assessed value of $326k is for municipal tax purposes. Market conditions, property condition, and recent upgrades heavily influence the final sale price. The home last sold between $300k-$350k in early 2016.

2. How does the age of the home (1913) factor in?
This is one of the older homes on the street and in Riverview. It typically means classic character and solid construction, but also requires a proactive approach to maintenance, potential updates to systems like wiring or plumbing, and likely higher energy costs compared to newer builds.

3. The lot size is highlighted as above average for the neighborhood. What does that mean practically?
With a 6,398 sqft lot ranking in the top 14% for Riverview, you have more private outdoor space than most local properties. This is ideal for gardening, recreation, adding a deck or patio, or future expansions, subject to zoning.

4. Why is the assessed value below the street and neighborhood averages?
Several factors can cause this, including the older build year, a floor plan that may be less modern, the specific condition of the home, or fewer recent renovations compared to higher-assessed neighbors. It’s a key point to investigate during a viewing.

5. Where can I find verified, exact historical sold prices for this home?
The site provides sold price ranges for context. Due to industry rules, exact MLS sold records are not displayed publicly here. You can request the full transaction history and exact figures via email through the provided form for a manual lookup.

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