43.3
Below average
Property score
43.3
Below average
Overall 43.3
Smaller and older than most nearby homes
692 sqft (bottom 2%)
Built in 1907 (31 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 70.0
1-min walk to transit with 1 nearby route
Within 500m: 2 schools, 1 healthcare facility, 4 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
47% smaller than neighborhood avg.
Year Built
Below average
31 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years Riverview sales snapshot (~80% of all data)
470
405k
$308/sqft
1938
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43.3 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: #46110456
$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
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
48 Arnold Avenue — 8 amenities found within 500 m, across 4 categories, including 2 education (nearest 360 m), 1 healthcare (nearest 287 m), 4 parks (nearest 79 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%
48 Arnold Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 48 Arnold Avenue, Riverview, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, early-20th century home in Winnipeg's Riverview neighborhood. Its primary characteristic is its modest scale: at 692 sqft, its living area is notably smaller than most homes on its street, in Riverview, and across Winnipeg. The lot is also smaller than area averages. Built in 1907, it is significantly older than surrounding properties. The assessed value of $223k reflects this, sitting below local averages.
The appeal lies in its position as a potentially accessible entry point into a well-established neighborhood. For the right buyer, the smaller size translates to lower maintenance, easier upkeep, and a correspondingly lower price point compared to larger homes in the same area. It would suit first-time buyers, downsizers, or investors seeking a character home with a manageable footprint. A thoughtful perspective is that its below-average metrics across the board are precisely what create its affordability in a desirable location, offering a trade-off between space and location. Its age suggests classic charm but also necessitates a thorough inspection for updates and systems.
Section 2: Frequently Asked Questions
1. Why is the assessed value lower than the neighborhood average?
The assessed value is closely tied to the home's smaller living area, lot size, and older age compared to most properties in Riverview and across Winnipeg, as detailed in the comparative rankings.
2. What should I consider due to the home's age (1907)?
Prospective buyers should prioritize a thorough inspection focusing on the foundation, wiring, plumbing, and heating systems. Understanding what updates have been made and what major maintenance may be imminent is crucial.
3. How accurate is the sold price history shown here?
The site notes that its sold price data is not from the MLS and has had limited verification. They offer to manually provide exact transaction history via email upon request.
4. The home is smaller than average. How does that affect livability?
The floor plan's efficiency will be key. Buyers should evaluate if the 692 sqft layout meets their spatial needs. For some, it promotes a simpler, low-maintenance lifestyle; for others, it may feel constrained.
5. Are the property taxes likely to be lower?
Typically, yes. Since property taxes are based on the assessed value, a value below the area average generally results in a below-average tax bill, though exact rates should be confirmed.
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