482 Mcnaughton Avenue

Riverview, Winnipeg

Property score

56.4

Fair

Overall 56.4 · Smaller than most nearby homes

726 sqft (bottom 4%) · Built in 1946 (8 yrs newer than avg)

Located in a high-income area with median household income of ~109k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 1 healthcare facility, 3 parks, and 1 fuel station nearby

Living Area

Below average

44% smaller than neighborhood avg.

Year Built

Near average

8 yrs newer than neighborhood avg.

Mother tongue

English · 86%Chinese · 2%

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

56.4 is composed by the two sections below.

Property Score

33.7Low
Living Area726 sqft22Low
Year Built194630Low
Lot Size6,002 sqft81Excellent
Neighbourhood Sales Activity48Low

Community Score

90.5Excellent
Household Income88Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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: #46110463

Community deep dive

$109K

Median household income

$117K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

23%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)436
Labour force participation rate76%
Median age42.4
Avg household size2.3
Unemployment rate5%
Population density1744 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households23%
Couple families with children26%
Median household income (2020)$109K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)5%
Visible minority5%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 86%
Mother tongue (2nd)Chinese · 2%

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

Rankings

Living Area

below average
726 sqft
0255075100
Same streetBottom 1%Same areaBottom 4%CitywideBottom 5%
Same street · Mcnaughton Avenue
#62 / 62
Bottom 1% · Avg 1,214 sqft
Same area · Riverview
#1,415 / 1,480
Bottom 4% · Avg 1,306 sqft
Citywide · Winnipeg
#184,430 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

around average
347k
0255075100
Same streetBottom 21%Same areaBottom 34%CitywideBottom 45%
Same street · Mcnaughton Avenue
#49 / 62
Bottom 21% · Avg 383.5k
Same area · Riverview
#980 / 1,480
Bottom 34% · Avg 389.3k
Citywide · Winnipeg
#106,636 / 194,458
Bottom 45% · Avg 390.1k

Year Built

around average
1946
0255075100
Same streetBottom 35%Same areaTop 48%CitywideBottom 23%

Lot Size

above average
6,002 sqft
0255075100
Same streetTop 29%Same areaBottom 46%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

482 Mcnaughton Avenue — 12 amenities found within 500 m, across 5 categories, including 5 dining (nearest 391 m), 1 healthcare (nearest 451 m), 3 parks (nearest 212 m).

Search radius
🍽️Dining5
🏥Healthcare1
🌳Parks3
Fuel Stations1
Worship2

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 8/2024CA$350k–400k
Sold price

Same street

Bottom 46%

Same area

Top 43%

City-wide

Top 44%
Sold 8/2019CA$250k–300k
Sold price

Same street

Bottom 4%

Same area

Bottom 22%

City-wide

Bottom 30%

Related homes

Highlights & common questions: 482 Mcnaughton Avenue, Winnipeg

Property Overview: 482 Mcnaughton Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1946 home in Riverview presents a specific value proposition centered on its generous lot. At just 726 sqft, the living space is notably compact, ranking well below averages for the street, neighborhood, and city. This is balanced by a land area of over 6,000 sqft, which is above average for its immediate street and neighborhood. The assessed value of $347k sits slightly below local averages, suggesting the price reflects the home's smaller size rather than its location.

The primary appeal lies in the land itself. It suits a buyer looking for a foothold in a well-established neighborhood where the value is in the property's potential rather than its current structure. It could be an ideal project for someone willing to renovate or expand the existing home to better utilize the sizable lot. Alternatively, it represents a lower-cost entry into the area for a minimalist buyer or investor, with the lot offering long-term value. Its recent sale history indicates steady market appreciation.

Section 2: Frequently Asked Questions

1. Is the house too small for practical living?
At 726 sqft, it is compact. It would suit a single person, a couple, or someone comfortable with efficient, minimalist living. The floor plan and condition of the interior will be critical factors.

2. Why is the assessed value lower than some neighbors?
The assessed value is closely tied to the size and characteristics of the dwelling itself. Given that this home's living area is significantly smaller than most comparable properties in the area, a lower assessment is typical, even on a desirable lot.

3. What can I do with such a large lot on a smaller house?
The lot is the key feature. It offers clear potential for expansion, such as an addition, or for creating substantial outdoor living space, gardens, or storage. Future redevelopment possibilities may also be a consideration, subject to local zoning.

4. How does the recent sale price compare to the assessment?
Based on available data, the home sold in 2024 for between $350k-$400k. This sale range aligns closely with its $347k assessed value, indicating the market price is consistent with its official valuation.

5. Where can I get exact historical sale prices for this home?
The provided data shows sold price ranges. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS records directly.

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