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Property prices in Riverview · Census 2021 and Statistics Canada

Homes built before 1961 make up 79% of Riverview, against 23% for Manitoba’s towns

Owners valued the median home at $368,000 at the 2021 census, and the average at $371,993. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. Statistics Canada counted 14,740 buyers in 2023, paying a median $374,000. Riverview shares its sale prices, assessed values, values by property type and building permits numbers with the rest of the city of Winnipeg.

Median home value
$368K
owners’ estimate, census 2021
average $372K
Median sale price
$374K
CHSP, 2023
Median assessed value
$317K
all residential, 2024
New homes a year
4,903
permits, 2018–2023
16.9 per 1,000 homes
What homes are worth

Three ways to price a home in Riverview

Every figure here is compared within the province, against Manitoba’s towns, since each province assesses on its own terms.

Census 2021$368K

median, owners’ estimate

Average
$372K
Owners
1,500
Manitoba’s towns
$300K
The typical Canadian town
$406K
Sales, 2023$374K

median sale, wider area

Average sale
$400K
÷ buyers’ income
3×
Buyers
14,740
Manitoba’s towns
$248K
Assessed, 2024$317K

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

Winnipeg’s detached houses are assessed 51% above the median of Manitoba’s towns

Of Winnipeg’s 222,340 residential properties on the 2024 roll, 79% are detached houses and 12% are condos.

Assessed value

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

Detached houses$335K
Semi-detached$249K
Row houses$230K
Condos$209K
Multi-unit properties$363K
The mix of properties
Detached houses79%
Condos12%
Semi-detached4%
Multi-unit properties4%
Row houses1%
2,170 sq ft
living area of the median detached house (Manitoba’s towns: 1,670 sq ft)
990 sq ft
living area of the median condo
82%
of properties lived in by their owner

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

10% of Riverview’s homes need major repairs, against 6% for Manitoba’s towns

Of the 2,065 homes people lived in across Riverview at the 2021 census, 74% were single-detached houses. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.

When they were built

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

Before 196179%
1961–19807%
1981–200011%
2001–20151%
2016–2021under 1%
What kind of home

Homes by kind

Single-detached houses74%
Semi-detached houses1%
Row houses1%
Flats in a duplex1%
Apartments, under 5 storeys14%
Apartments, 5+ storeys11%
Against the median town of the province and of Canada
RiverviewManitobaCanada
Condominiums6%5%8%
Needing major repairs10%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

Winnipeg permitted 16.9 new homes a year per 1,000, close to the 13.7 of Manitoba’s towns

Over 2018–2023, 29,417 homes were permitted in Winnipeg, close to 4,903 each year. About 23% went into single-unit buildings, where Manitoba’s towns built 67%.

Permits by year, 2018–2023

Most in 2021: 6,147 new homes

Single-unit buildingsTwo or more units
02,0004,0006,0008,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Winnipeg16.9
Manitoba’s towns13.7
The typical Canadian town13.8
$1,069M
of new residential construction a year, 2019–2023
The metro area

Up 34%: 7,667 new homes in the year to August 2026

02,0004,0006,0008,00020212022202320242025

Shared with the rest of the Winnipeg metro area: monthly permits

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

Riverview is 23% above the $300,000 median of Manitoba’s towns

The census values of Manitoba’s towns, 188 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Riverview: Lord Roberts, Glenwood and Norwood East

Next to Riverview: 2021 census values and the share of owners.

Lord RobertsNorwood WestGlenwoodNorwood EastRiver-OsborneMcMillanLord RobertsNorwood WestGlenwoodNorwood EastRiver-OsborneMcMillanRiverview
Prices next door
TownMedian home valueAverageOwnerskm
Riverview$368K$372K73%
Lord Roberts$260K$270K65%0.9
Norwood West$400K$409K75%1
Glenwood$300K$322K76%1.6
Norwood East$300K$314K57%1.8
River-Osborne$250K$274K12%1.8
McMillan$300K$366K34%1.8

Census 2021 values; km.

Questions about property prices in Riverview

Is Riverview expensive for Manitoba?

Yes: Riverview’s census median is above the $300,000 of Manitoba’s towns.

How many households in Riverview are in core housing need?

8% of Riverview’s households, near the 7% of Manitoba’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.

Can I see individual sales or prices by street?

No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.

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).