480 Osborne Street

Riverview, Winnipeg

Property score

57.6

Fair

Overall 57.6 · Smaller but newer than most nearby homes

1,044 sqft (bottom 29%) · Built in 1954 (16 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, 3 schools, 1 shop, and 2 parks nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Above average

16 yrs newer than neighborhood avg.

Mother tongue

English · 78%Tagalog · 3%

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

57.6 is composed by the two sections below.

Property Score

52.9Fair
Living Area52
1,044 sqftFair
Year Built36
1954Low
Lot Size81
6,031 sqftExcellent
Neighbourhood Sales Activity48
Low

Community Score

64.7Fair
Household Income62
Fair
Education Level82
Excellent
Housing Stress42
Low
Core Housing Need63
Fair
Employment Health68
Good

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: #46110452

Community deep dive

$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

Population, labour & age

Population (2021)646
Labour force participation rate58%
Median age46.8
Avg household size1.6
Unemployment rate0%
Population density2307 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households53%
Couple families with children8%
Median household income (2020)$60K

Housing

Renter households63%
Condominium dwellings24%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority19%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

around average
1,044 sqft
0255075100
Same streetBottom 1%Same areaBottom 29%CitywideBottom 32%
Same street · Osborne Street
#5 / 5
Bottom 1% · Avg 1,888 sqft
Same area · Riverview
#1,046 / 1,480
Bottom 29% · Avg 1,306 sqft
Citywide · Winnipeg
#131,413 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
439k
0255075100
Same streetBottom 20%Same areaTop 25%CitywideTop 30%
Same street · Osborne Street
#4 / 5
Bottom 20% · Avg 577k
Same area · Riverview
#364 / 1,480
Top 25% · Avg 389.3k
Citywide · Winnipeg
#58,910 / 194,458
Top 30% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetTop 40%Same areaTop 9%CitywideBottom 33%

Lot Size

above average
6,031 sqft
0255075100
Same streetTop 20%Same areaBottom 49%CitywideTop 31%

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

480 Osborne Street — 21 amenities found within 500 m, across 6 categories, including 9 dining (nearest 64 m), 3 education (nearest 206 m), 1 shopping (nearest 378 m).

Search radius
🍽️Dining9
🏫Education3
🛒Shopping1
🌳Parks2
💪Sports2
Worship4

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

480 Osborne Street: 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.

Related homes

Highlights & common questions: 480 Osborne Street, Winnipeg

Property Overview: 480 Osborne Street, Riverview, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 480 Osborne Street presents a compelling mix of location, value, and potential. Its key characteristic is a strong assessed value of $439k, which sits above average for both the Riverview neighborhood and Winnipeg overall, suggesting a solid investment in a desirable area. The house itself, built in 1954, is newer than many in Riverview, potentially meaning fewer immediate concerns with aging infrastructure. While its living space (1,044 sq ft) is modest compared to some larger homes on Osborne Street, it is supported by an above-average lot size (6,031 sq ft) for the immediate area, offering valuable outdoor space or future expansion potential.

The appeal lies in its position within a well-regarded neighborhood, offering a balance between a established community feel and a relatively more modern build year. It would suit a buyer looking for a foothold in Riverview without the premium price of a larger heritage home, or someone who values a generous lot over a large interior footprint. It’s a practical choice for a small household, a first-time buyer moving into a mature area, or an investor attracted by its above-average assessment in a stable market.

Section 2: Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value ($439k) is above neighborhood and city averages, it is for municipal tax purposes. Market conditions, property condition, and recent renovations will ultimately determine the sale price. It does, however, indicate the property is in a valued segment of the market.

2. The house seems smaller than others on the street. Is that a concern?
The living area is below the street average. This translates to a more manageable, efficient space with likely lower utility costs. The trade-off is the larger-than-street-average lot, which provides private outdoor space—a valuable asset not reflected in square footage.

3. What does the year built (1954) tell me about the property?
Built in 1954, this home is newer than most in Riverview (neighborhood average: 1938). This can suggest updated electrical, plumbing, or foundation standards compared to much older homes, but a professional inspection is still essential to determine the actual condition of all major systems.

4. How can I find out the actual sale history for this property?
The public data presented does not show a verified transaction history. You can request the exact sale history and figures by emailing the site directly for a manual lookup, as MLS records are not displayed publicly here.

5. The "similar assessed value" properties listed are in different neighborhoods. Why?
The list groups properties with a nearly identical municipal assessment value from across Winnipeg. This highlights what a similar financial investment to the city can purchase in other areas, underscoring that location is a primary driver of value and lifestyle choice.