44.5
Below average
Property score
44.5
Below average
Overall 44.5
Smaller but newer than most nearby homes
720 sqft (bottom 4%)
Built in 1958 (20 yrs newer than avg)
Located in a average-income area
with median household income of ~59.6k
Transit 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 9 dining spots, 2 schools, 1 shop, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
45% smaller than neighborhood avg.
Year Built
Above average
20 yrs newer than neighborhood avg.
Mother tongue
English · 78%Tagalog · 3%
Past 10 years Riverview sales snapshot (~80% of all data)
470
405k
$308/sqft
1938
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44.5 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110452
$60K
Median household income
$63K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
53%
Single-person households
8%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
400 Woodward Avenue — 21 amenities found within 500 m, across 7 categories, including 9 dining (nearest 89 m), 2 education (nearest 285 m), 1 shopping (nearest 472 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 33% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 400 Woodward Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This 720 sqft bungalow, built in 1958, presents a specific and compelling value proposition. Its primary appeal lies in its position as a competitively priced entry point into the established Riverview neighborhood. With an assessed value significantly below area averages ($291k vs. ~$389k), it offers immediate equity potential and lower property taxes. The home is modest in scale—its living area is well below neighborhood and city averages—making it a true starter home or downsizer’s option.
Its strengths are contextual. While the lot size is smaller than most on the street, the home itself is newer than 95% of properties in Riverview, suggesting potentially fewer issues with aging infrastructure common in the area. It suits pragmatic first-time buyers who prioritize location and getting a foothold in the market over space, or investors seeking a lower-cost rental property in a desirable area. The appeal is financial efficiency and location, not grandeur.
Frequently Asked Questions
1. Is this a good value for the neighborhood?
Yes, from a financial entry point. The assessed value is in the lowest quartile for Riverview and the lowest on its street, offering a below-average cost for a well-located address.
2. How does the smaller living area impact livability?
The 720 sqft layout requires efficient use of space. It is ideal for a single person, a couple, or someone looking to downsize. It is not suited for those needing multiple bedrooms or dedicated work-from-home spaces.
3. The home is "newer" than most in Riverview. What does that mean?
Riverview has many heritage homes. Being built in 1958, this property likely has modern construction fundamentals (wiring, plumbing) compared to much older neighbors, which can mean fewer major system updates.
4. What are the key comparisons to nearby sold properties?
It last sold between $300k-$350k in 2021. Compared to nearby references, it offers a newer build year than many but with less square footage. Its value is aligned with smaller homes in the area.
5. How can I get the exact historical sold price?
The exact sold price is not publicly displayed due to industry data rules. You can request the fully verified transaction history by email through the site; they will provide the exact figures manually.
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