351 Montgomery Avenue

Riverview, Winnipeg

Property score

64.8

Fair

Overall 64.8 · Newer than most nearby homes

1,184 sqft (bottom 46%) · 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

9% 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 Area1,184 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
1,184 sqft
0255075100
Same streetBottom 43%Same areaBottom 46%CitywideBottom 48%
Same street · Montgomery Avenue
#56 / 98
Bottom 43% · Avg 1,270 sqft
Same area · Riverview
#794 / 1,480
Bottom 46% · Avg 1,306 sqft
Citywide · Winnipeg
#100,853 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
511k
0255075100
Same streetTop 12%Same areaTop 12%CitywideTop 18%
Same street · Montgomery Avenue
#12 / 98
Top 12% · Avg 426.1k
Same area · Riverview
#173 / 1,480
Top 12% · Avg 389.3k
Citywide · Winnipeg
#35,046 / 194,458
Top 18% · 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

351 Montgomery Avenue — 14 amenities found within 500 m, across 5 categories, including 7 dining (nearest 362 m), 1 healthcare (nearest 412 m), 3 parks (nearest 180 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 9/2021CA$550k–600k
Sold price

Same street

Top 4%

Same area

Top 7%

City-wide

Top 10%

Related homes

Highlights & common questions: 351 Montgomery Avenue, Winnipeg

Property Overview: 351 Montgomery Avenue, Riverview, Winnipeg

Section 1: Key Characteristics & Appeal

This 1950-built home in Riverview presents a compelling mix of established neighborhood character and above-average valuation. With 1,184 sqft of living space, the house itself is typical for the area, but its true standout feature is the assessed value of $511k, which places it in the top 12% of both its street and neighborhood. This suggests the property holds intrinsic value that exceeds its square footage, possibly due to factors like lot desirability, updates, or its specific location.

The appeal lies in its position as a premium property within a well-established context. The lot size of nearly 6,000 sqft is generous for the street and neighborhood, offering good outdoor space. Its value ranking indicates a home that has likely been maintained or situated in a way that outpaces direct comparables. It would suit a buyer looking for a home in a mature neighborhood like Riverview, who values a property with a strong assessed value foundation and a larger lot over a brand-new or maximized interior floor plan. It’s a solid choice for someone prioritizing long-term value and neighborhood stability over sheer size.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much higher than the neighborhood average?
The assessed value of $511k is significantly above the Riverview average (~$389k). This typically reflects the city’s assessment of the property’s market value based on its specific attributes, condition, and lot. It suggests this particular home is considered a higher-tier property within the area.

2. How does the sold price from 2021 relate to today’s value?
The home sold for between $550k-$600k in September 2021. This historical price provides a benchmark, but current market conditions, interest rates, and any changes made to the property since then will determine its present market value.

3. Is the living area smaller than average?
At 1,184 sqft, the living area is slightly below the averages for the street (1,270 sqft) and city (1,342 sqft), but is around the middle of the pack for Riverview. The home offers a comfortable size typical for its era and location.

4. What does the "Top X%" ranking mean for the year built?
The year built (1950) ranks in the top 61% on its street, meaning it's newer than many neighbors. In the broader city context, it ranks in the top 72%, indicating it's an older home compared to the Winnipeg average. This highlights Riverview's character as an established neighborhood with mostly mid-century homes.

5. Where can I find verified, exact sold price data for this home?
The site notes that due to industry rules, exact MLS sold records are not displayed publicly. To obtain the full, verified transaction history and exact sold figures, you must request them directly via email from the site provider, who will manually look them up and send them to you.

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