347 Montgomery Avenue

Riverview, Winnipeg

Property score

64.8

Fair

Overall 64.8 · Newer than most nearby homes

1,161 sqft (bottom 43%) · Built in 1950 (12 yrs newer than avg)

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

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 7 dining spots, 1 healthcare facility, 3 parks, and 1 fuel station nearby

Living Area

Near average

11% smaller 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

64.8 is composed by the two sections below.

Property Score

55.5Fair
Living Area1,161 sqft60Fair
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

around average
1,161 sqft
0255075100
Same streetBottom 39%Same areaBottom 43%CitywideBottom 46%
Same street · Montgomery Avenue
#60 / 98
Bottom 39% · Avg 1,270 sqft
Same area · Riverview
#848 / 1,480
Bottom 43% · Avg 1,306 sqft
Citywide · Winnipeg
#104,619 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
457k
0255075100
Same streetTop 20%Same areaTop 20%CitywideTop 27%
Same street · Montgomery Avenue
#20 / 98
Top 20% · Avg 426.1k
Same area · Riverview
#301 / 1,480
Top 20% · Avg 389.3k
Citywide · Winnipeg
#52,851 / 194,458
Top 27% · 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

347 Montgomery Avenue — 14 amenities found within 500 m, across 5 categories, including 7 dining (nearest 365 m), 1 healthcare (nearest 415 m), 3 parks (nearest 184 m).

Search radius
🍽️Dining7
🏥Healthcare1
🌳Parks3
Fuel Stations1
Worship2

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 4/2019CA$350k–400k
Sold price

Same street

Bottom 42%

Same area

Top 38%

City-wide

Top 40%

Related homes

Highlights & common questions: 347 Montgomery Avenue, Winnipeg

Property Overview: 347 Montgomery Avenue, Riverview, Winnipeg

Key Characteristics & Appeal

This 1950s home in Riverview presents a solid, above-average investment within its established neighborhood. Its primary appeal lies in its strong value positioning. With an assessed value of $457k, it sits notably above averages for both Riverview and Winnipeg overall, suggesting a perception of quality or desirability that outpaces many direct comparables. The lot size is also a key asset, being above average for the street, offering valuable outdoor space.

The living area is functionally average for the area, making it suitable for a small family, a couple, or an investor. Its appeal is grounded in balance: it offers a newer build date than many Riverview homes, a generous lot, and a value assessment that implies it's a step above the norm without being an outlier. This property would suit a practical buyer looking for a stable home in a mature neighborhood, or an investor attracted by its assessed value strength relative to the area. It’s a home that leans into established community character rather than modern square footage.

Frequently Asked Questions

1. Why is the assessed value so much higher than the neighborhood and city averages?
A higher assessed value can reflect factors like recent improvements, superior condition, or desirable lot features not fully captured in basic metrics. It suggests the property is considered a premium offering within its immediate context.

2. How does the sold price from 2019 relate to today's value?
The 2019 sale price (estimated between $350k-$400k) is a historical data point. The current assessed value of $457k indicates significant appreciation since that sale, reflecting market trends and possibly changes to the property itself.

3. Is the living space smaller than average?
At 1,161 sqft, the living area is slightly below the street average but is very typical for Riverview and Winnipeg as a whole. It represents the standard, efficient footprint common to many homes of its era.

4. What does the "above average" year built for Riverview mean?
Riverview has many homes dating to the 1930s and earlier. Being built in 1950 makes this property relatively newer within the neighborhood, which can sometimes mean updated infrastructure or layout preferences found in mid-century designs.

5. How reliable is the sold price data shown?
The provided sold price ranges are based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site, which they provide via email.

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