50 West Park Place

Betsworth, Winnipeg

Property score

79.0

Good

Overall 79.0 · Newer than most nearby homes

1,488 sqft (top 39%) · Built in 1985 (7 yrs newer than avg)

Located in a high-income area with median household income of ~103k

Transit 68.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 80%French · 3%

Past 10 years Betsworth sales snapshot (~80% of all data)

Sold Count

460

Median price

480k

$/sqft

$347/sqft

Avg build year

1978

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Property score

79.0 is composed by the two sections below.

Property Score

75.4Good
Living Area1,488 sqft75Good
Year Built198573Good
Lot Size8,001 sqft93Excellent
Neighbourhood Sales Activity37Low

Community Score

84.5Excellent
Household Income86Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Betsworth

How to read: Share of sales in each ~$50k price band for “betsworth” (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: #46111081

Community deep dive

$103K

Median household income

$113K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

15%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)502
Labour force participation rate60%
Median age48.0
Avg household size2.5
Unemployment rate3%
Population density2091 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households15%
Couple families with children32%
Median household income (2020)$103K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority17%
Bachelor's or higher (25–64)47%
Mother tongue (1st)English · 80%
Mother tongue (2nd)French · 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
1,488 sqft
0255075100
Same streetBottom 36%Same areaTop 39%CitywideTop 31%
Same street · West Park Place
#9 / 14
Bottom 36% · Avg 1,764 sqft
Same area · Betsworth
#586 / 1,485
Top 39% · Avg 1,455 sqft
Citywide · Winnipeg
#60,763 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

above average
514k
0255075100
Same streetBottom 29%Same areaTop 23%CitywideTop 18%
Same street · West Park Place
#10 / 14
Bottom 29% · Avg 547.2k
Same area · Betsworth
#340 / 1,485
Top 23% · Avg 458k
Citywide · Winnipeg
#34,190 / 194,458
Top 18% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 50%Same areaTop 19%CitywideTop 29%

Lot Size

above average
8,001 sqft
0255075100
Same streetBottom 36%Same areaTop 40%CitywideTop 11%

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

50 West Park Place — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 93 m), 2 parks (nearest 142 m).

Search radius
🏫Education1
🌳Parks2
Worship1

Crime & Safety

Betsworth · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

100%

Sales History

Sold 11/2020CA$450k–500k
Sold price

Same street

Bottom 1%

Same area

Top 29%

City-wide

Top 19%

Related homes

Highlights & common questions: 50 West Park Place, Winnipeg

Property Overview: 50 West Park Place, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Betsworth offers a practical and comfortable living space on a generously sized lot. Its key characteristics include a renovated basement, an attached garage, and 1,488 sqft of living area. The appeal lies in its established neighbourhood setting combined with solid fundamentals: the property sits on a lot that is larger than most on its street and in Winnipeg overall, providing valuable outdoor space and potential. The home’s assessed value ranks highly within its immediate area, suggesting it is viewed favorably relative to its neighbours.

This property would suit a buyer looking for a manageable single-level layout, who values a renovated basement for extra living space, and who appreciates the stability of an established community. It’s a practical choice for those who see value in land size and are comfortable with a home from the 1980s, likely appealing to downsizers, small families, or investors seeking a property with strong relative metrics in its locale.

Section 2: Frequently Asked Questions

1. How does the lot size compare to others?
At 8,001 sqft, the lot is larger than approximately 89% of properties in Winnipeg and ranks in the top 36% on its own street, which is a significant asset for privacy, gardening, or future expansion.

2. What does the sold price history indicate?
The home last sold in November 2020 for $47.50k. Its current assessed value is $51.40k. This increase aligns with broader market trends, and the past sale price ranked very high (top 7%) on its street at that time, indicating it was a premium transaction for the block.

3. Is the home newer or older than surrounding houses?
Built in 1985, it is newer than about 81% of homes in the Betsworth neighbourhood, placing it in the more modern segment of this established community.

4. How does its value compare to nearby similar homes?
The assessed value of $51.40k ranks higher than most on its street (top 29%) and in the neighbourhood (top 22%), suggesting it is considered a higher-value property in this specific area.

5. What is the living space like relative to the area?
With 1,488 sqft, the living area is above average for the street and neighbourhood, ranking in the top 40% locally. This offers more interior space than many comparable nearby properties.

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