11 Parkway Place

River East, Winnipeg

Property score

89.4

Excellent

Overall 89.4 · Larger and newer than most nearby homes

2,382 sqft (top 5%) · Built in 1983 (7 yrs newer than avg)

Located in a high-income area with median household income of ~143k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 parks, and 1 government office nearby

Living Area

Above average

70% larger than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 75%French · 1%

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

Sold Count

826

Median price

425k

$/sqft

$395/sqft

Avg build year

1976

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Property score

89.4 is composed by the two sections below.

Property Score

88.4Excellent
Living Area2,382 sqft96Excellent
Year Built198373Good
Lot Size11,820 sqft97Excellent
Neighbourhood Sales Activity32Low

Community Score

90.8Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

River East

How to read: Share of sales in each ~$50k price band for “river east” (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: #46110739

Community deep dive

$143K

Median household income

$208K

Average household income

2%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

7%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)709
Labour force participation rate59%
Median age48.4
Avg household size2.8
Unemployment rate0%
Population density1477 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households7%
Couple families with children35%
Median household income (2020)$143K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$492K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority4%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 75%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

Elite
2,382 sqft
0255075100
Same streetBottom 37%Same areaTop 5%CitywideTop 4%
Same street · Parkway Place
#10 / 16
Bottom 37% · Avg 2,328 sqft
Same area · River East
#131 / 2,836
Top 5% · Avg 1,399 sqft
Citywide · Winnipeg
#7,622 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
568k
0255075100
Same streetBottom 37%Same areaTop 4%CitywideTop 11%
Same street · Parkway Place
#10 / 16
Bottom 37% · Avg 578.9k
Same area · River East
#116 / 2,836
Top 4% · Avg 401.1k
Citywide · Winnipeg
#20,648 / 194,458
Top 11% · Avg 390.1k

Year Built

above average
1983
0255075100
Same streetBottom 31%Same areaTop 13%CitywideTop 31%

Lot Size

Elite
11,820 sqft
0255075100
Same streetTop 25%Same areaTop 6%CitywideTop 4%

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

11 Parkway Place — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 355 m).

Search radius
🌳Parks2
🏛️Government1

Crime & Safety

River East · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

71%

Sales History

Sold 11/2022CA$550k–600k
Sold price

Same street

Top 33%

Same area

Top 4%

City-wide

Top 9%

Related homes

Highlights & common questions: 11 Parkway Place, Winnipeg

Property Overview: 11 Parkway Place, River East, Winnipeg

Key Characteristics & Appeal

This is a well-established, spacious family home built in 1983, situated on a generous lot in Winnipeg's River East neighborhood. Its primary appeal lies in offering above-average space and land relative to most of the city, providing room to grow and privacy within an urban setting.

The nearly 2,400 sqft living area is notably larger than both the neighborhood and city averages, placing it in the top 5% locally. The lot size of over 11,800 sqft is a significant feature, ranking in the top 25% on its own street and the top 4% city-wide, offering substantial outdoor potential. While the home's assessed value of $568k is around the average for Parkway Place, it positions the property as an elite offering within the broader River East area, where average values are significantly lower.

This home would best suit buyers looking for established character, ample indoor and outdoor space, and a sense of solid value within a mature community. It’s a practical choice for families or those who value a larger yard without moving to a rural area. A thoughtful perspective is that while the home is not new, its size and lot offer a foundation that can be updated over time, representing a balance of immediate space and long-term potential.


Frequently Asked Questions

1. How does this home compare to others on the street?
On its own street, the home’s living area and assessed value are around the local average, but it stands out with an above-average lot size, offering more outdoor space than most of its immediate neighbors.

2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is a municipal valuation for tax purposes, not a market appraisal. The home last sold between $550k-$600k in late 2022. Market conditions, property condition, and updates since then will ultimately determine the sale price.

3. What does the "Elite" ranking for living area in the neighborhood mean?
It means the home’s square footage is larger than approximately 95% of comparable homes in the broader River East area, indicating it offers significantly more interior space than is typical locally.

4. Can I get the exact historical sold prices for this property?
The site provides sold price ranges. To obtain exact figures, you must request a manual lookup via email, as this data is not sourced from the MLS and full details are not displayed publicly on the site.

5. The home was built in 1983. What should I consider?
A home of this age may have original major components, like the roof, windows, or HVAC system, that are nearing or past their typical lifespan. A thorough inspection is crucial to understand the condition and potential upcoming investments, balanced against the value offered by the established lot and neighborhood.

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