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
2-min walk to transit with 3 nearby routes
Within 500m: 9 dining spots, 2 schools, 2 parks, and 1 sports facility 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
405 Woodward Avenue — 20 amenities found within 500 m, across 6 categories, including 9 dining (nearest 99 m), 2 education (nearest 330 m), 2 parks (nearest 214 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 1% | Bottom 17% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 405 Woodward Avenue, Riverview, Winnipeg
Section 1: Key Characteristics & Appeal
This 720 sqft bungalow, built in 1958 on a 3,642 sqft lot, presents a straightforward opportunity in Winnipeg's Riverview neighborhood. Its primary appeal lies in its relative affordability and position within a well-established area. With an assessed value of $323k, it sits below the neighborhood average, offering a more accessible entry point into Riverview.
The home suits first-time buyers, downsizers, or investors seeking a lower-maintenance property with renovation potential. A thoughtful perspective is that, while the living space is compact compared to area averages, the lot size is fairly typical for its immediate street. This suggests the property's value is more tied to its location and land than its current interior footprint. Notably, the 1958 build date is actually newer than most homes in Riverview, ranking in the top 5% for the neighborhood. This could imply newer underlying systems (like plumbing or electrical) compared to many neighboring century-old homes, a less obvious but practical advantage.
Section 2: Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 720 sqft, the living area is below the average for both the Riverview neighborhood (1,306 sqft) and the city overall. However, on its own street, it's closer to the local average of 917 sqft.
2. Is the assessed value in line with the area?
The $323,000 assessment is around the citywide average but below the Riverview neighborhood average of approximately $389k. This indicates a potentially more affordable price point within this desirable area.
3. When was it last sold and for how much?
Public records indicate a sale between October 2017, with a sold price in the range of CA$250,000–$300,000. Exact historical figures require a manual lookup.
4. What is the lot size, and is it typical?
The lot is 3,642 sqft. It's near the average for Woodward Avenue but below the larger average lot size for the wider Riverview area.
5. How does the age of the home compare?
Built in 1958, it is newer than over 95% of comparable homes in Riverview, where the average year built is 1938. This is a standout characteristic for the neighborhood.
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