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Property prices in Bifrost-Riverton · Census 2021 and Statistics Canada

Bifrost-Riverton’s median sale runs 74% lower than across Manitoba’s towns

Owners valued the median home at $200,000 at the 2021 census, and the average at $238,400. On the 2024 assessment, the middle residential property is valued at $113,000. New building in Bifrost-Riverton ran at about 11 homes a year between 2018 and 2023.

Median home value
$200K
owners’ estimate, census 2021
average $238K
Median sale price
$65K
CHSP, 2023
110 buyers
Median assessed value
$113K
all residential, 2024
New homes a year
11
permits, 2018–2023
10.2 per 1,000 homes
What homes are worth

Bifrost-Riverton’s homes, by three sources

Three sources, each set against Manitoba’s towns only: provinces measure value differently, so they don’t line up across borders. Self-assessed in May 2021, these values predate the rate rises that followed.

Census 2021$200K

median, owners’ estimate

Average
$238K
Owners
870
Manitoba’s towns
$300K
The typical Canadian town
$406K
Sales, 2023$65K

median sale price

Average sale
$109K
÷ buyers’ income
0.7×
Buyers
110
Manitoba’s towns
$248K
Assessed, 2024$113K

all residential

Manitoba’s towns
$201K

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

By type of home

On the assessment roll, Bifrost-Riverton’s houses sit 32% below Manitoba’s towns

Detached houses account for 82% of the 1,535 properties on Bifrost-Riverton’s 2024 roll.

Assessed value

Median assessment by type, 2024 the tick is the median of Manitoba’s towns

Detached houses$151K
Mobile homes$78K
Multi-unit properties$184K
The mix of properties
Detached houses82%
Multi-unit properties10%
Mobile homes7%
1,390 sq ft
living area of the median detached house (Manitoba’s towns: 1,670 sq ft)

Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Manitoba’s towns with their own figure; assessments compare within a province only.

The homes

Single-detached houses are 89% of Bifrost-Riverton’s homes, against 72% for Manitoba’s towns

Bifrost-Riverton had 1,200 occupied homes at the 2021 census. Half or more were standing by 1980.

When they were built

Homes by period of construction the tick is the median of Manitoba’s towns

Before 196127%
1961–198029%
1981–200027%
2001–201513%
2016–20214%
What kind of home

Homes by kind

Single-detached houses89%
Semi-detached houses1%
Row housesunder 1%
Apartments, under 5 storeys4%
Apartments, 5+ storeysunder 1%
Movable dwellings7%
Against the median town of the province and of Canada
Bifrost-RivertonManitobaCanada
Condominiums1%5%8%
Needing major repairs8%6%6%
Too small for the household3%5%3%
Households in core housing need8%7%7%

Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.

New homes

10.2 new homes a year per 1,000 in Bifrost-Riverton: fewer than Manitoba’s towns (13.7)

Most were houses: 79% went into single-unit buildings, against 67% for Manitoba’s towns.

Permits by year, 2018–2023

Most in 2023: 23 new homes

Single-unit buildingsTwo or more units
0102030201820192020202120222023
The pace

New homes a year per 1,000 homes

Bifrost-Riverton10.2
Manitoba’s towns13.7
The typical Canadian town13.8
$2.45M
of new residential construction a year, 2019–2023

Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.

Across Manitoba

Bifrost-Riverton is 33% below the $300,000 median of Manitoba’s towns

188 of Manitoba’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Lower values near Bifrost-Riverton: Fisher

The places around Bifrost-Riverton at the 2021 census: median and average value, and how many own. Distances here run 10–43 km: that is how far the nearest places with figures are from Bifrost-Riverton.

ArborgFisherGimliArborgFisherGimliBifrost-Riverton
Prices next door
TownMedian home valueAverageOwnerskm
Bifrost-Riverton$200K$238K83%
Arborg$220K$220K58%10
Fisher$125K$146K79%30.6
Gimli$250K$286K83%42.6

Census 2021 values; km.

Questions about property prices in Bifrost-Riverton

What is the average house price in Bifrost-Riverton?

Buyers paid $109,000 on average in 2023, or 0.7 years of their income at the median.

Is Bifrost-Riverton expensive for Manitoba?

On census values, Bifrost-Riverton sits among the cheaper of Manitoba’s towns (median $300,000).

How many households in Bifrost-Riverton are in core housing need?

About as many as elsewhere: 8% of households in Bifrost-Riverton, where Manitoba’s towns sit at 7%.

Can I see individual sales or prices by street?

Only in total: Statistics Canada releases each town’s median and average sale and its number of buyers, never a single sale.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.

Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).