38 Arnold Avenue

Riverview, Winnipeg

69.1

Good

Overall 69.1

Newer than most nearby homes

1,209 sqft (top 49%)

Built in 1957 (19 yrs newer than avg)

Located in a above-average income area

with median household income of ~83k

Transit 70.0

2-min walk to transit with 1 nearby route

Within 500m: 2 schools, 1 healthcare facility, 3 parks, and 1 sports facility nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Above average

19 yrs newer than neighborhood avg.

Mother tongue

English · 88%French · 1%

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

69.1 is composed by the two sections below.

Property Score

60.6Fair
Living Area1,209 sqft66Good
Year Built195743Low
Lot Size5,002 sqft67Good
Neighbourhood Sales Activity48Low

Community Score

81.9Excellent
Household Income78Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health76Good

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: #46110456

Community deep dive

$83K

Median household income

$98K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

33%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)365
Labour force participation rate73%
Median age39.2
Avg household size2.3
Unemployment rate12%
Population density3650 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households33%
Couple families with children27%
Median household income (2020)$83K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority3%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 87%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

above average
1,209 sqft
0255075100
Same streetTop 30%Same areaTop 49%CitywideTop 49%
Same street · Arnold Avenue
#66 / 219
Top 30% · Avg 1,116 sqft
Same area · Riverview
#724 / 1,480
Top 49% · Avg 1,306 sqft
Citywide · Winnipeg
#95,858 / 194,458
Top 49% · Avg 1,342 sqft

Tax-Assessed Value

above average
384k
0255075100
Same streetTop 19%Same areaTop 48%CitywideTop 43%
Same street · Arnold Avenue
#41 / 219
Top 19% · Avg 304.6k
Same area · Riverview
#711 / 1,480
Top 48% · Avg 389.3k
Citywide · Winnipeg
#83,066 / 194,458
Top 43% · Avg 390.1k

Year Built

above average
1957
0255075100
Same streetTop 26%Same areaTop 7%CitywideBottom 37%

Lot Size

Elite
5,002 sqft
0255075100
Same streetTop 4%Same areaBottom 24%CitywideBottom 45%

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

38 Arnold Avenue — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 376 m), 1 healthcare (nearest 272 m), 3 parks (nearest 91 m).

Search radius
🏫Education2
🏥Healthcare1
🌳Parks3
💪Sports1

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 6/2021CA$350k–400k
Sold price

Same street

Top 27%

Same area

Top 46%

City-wide

Top 46%

Related homes

Highlights & common questions: 38 Arnold Avenue, Winnipeg

Property Overview: 38 Arnold Avenue, Riverview, Winnipeg

Key Characteristics & Appeal

This 1,209 sqft home, built in 1957, presents a compelling mix of space, value, and lot size within Winnipeg's Riverview neighborhood. Its primary appeal lies in its strong standing relative to its immediate street. The living area is comfortably above the street average, but the most notable feature is the land area—at 5,002 sqft, the lot ranks in the top 4% on Arnold Avenue, offering significantly more outdoor space than most neighbors. This creates a notable value proposition, as the home's assessed value of $384k also ranks above the street average, suggesting you get a larger parcel without a disproportionate premium.

The home suits two main types of buyers: those seeking a property with above-average outdoor potential for gardening, play, or expansion in an established area, and value-conscious buyers looking for a home that outperforms its immediate surroundings on key metrics. A thoughtful perspective is that while the home is newer than most in Riverview, it still carries the potential maintenance considerations of a nearly 70-year-old structure, balanced by the possibility of more modern systems than older area homes.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
It last sold between $350k-$400k in mid-2021. Its current assessed value of $384k is above average for Arnold Avenue but aligns closely with averages for the wider Riverview area and Winnipeg city-wide.

2. Is the lot size a major advantage?
On Arnold Avenue, yes—it's elite for the street. Compared to the broader Riverview neighborhood, however, the lot is slightly below average. The appeal is highly localized, offering more private outdoor space than direct neighbors.

3. What does the "Above Average" year built mean for a 1957 home?
It indicates the home is notably newer than most on its street (avg. 1933) and in Riverview (avg. 1938). This could suggest updates to foundational elements, but a specific interior inspection is needed to confirm the condition and modernization.

4. Who can provide exact historical sale prices?
The displayed sold price is a range from public data. For fully verified, exact transaction figures, you must request a manual lookup from the site via email, as MLS data is not published here.

5. How does the living space feel for the area?
At 1,209 sqft, it offers more space than the typical Arnold Avenue home and is very close to the Riverview average. It provides a comfortable size that is neither exceptionally large nor small for the community.

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