10 Tilstone Bay

River Park South, Winnipeg

Property score

84.6

Excellent

Overall 84.6 · Newer than most nearby homes

1,528 sqft (top 40%) · Built in 2000 (10 yrs newer than avg)

Located in a high-income area with median household income of ~141k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Near average

8% larger than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 61%French · 5%

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

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

84.6 is composed by the two sections below.

Property Score

80.2Excellent
Living Area1,528 sqft79Good
Year Built200084Excellent
Lot Size6,299 sqft81Excellent
Neighbourhood Sales Activity76Good

Community Score

91.3Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

River Park South

How to read: Share of sales in each ~$50k price band for “river park south” (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: #46111261

Community deep dive

$141K

Median household income

$159K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

9%

Single-person households

54%

Families with children

Population, labour & age

Population (2021)1,363
Labour force participation rate75%
Median age36.8
Avg household size3.3
Unemployment rate5%
Population density1975 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households9%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households3%
Condominium dwellings8%
Median dwelling value (owners)$496K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority40%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 60%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

above average
1,528 sqft
0255075100
Same streetBottom 24%Same areaTop 40%CitywideTop 29%
Same street · Tilstone Bay
#25 / 33
Bottom 24% · Avg 1,740 sqft
Same area · River Park South
#1,431 / 3,617
Top 40% · Avg 1,410 sqft
Citywide · Winnipeg
#56,122 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
557k
0255075100
Same streetBottom 42%Same areaTop 13%CitywideTop 12%
Same street · Tilstone Bay
#19 / 33
Bottom 42% · Avg 584.2k
Same area · River Park South
#477 / 3,617
Top 13% · Avg 447.2k
Citywide · Winnipeg
#23,044 / 194,458
Top 12% · Avg 390.1k

Year Built

above average
2000
0255075100
Same streetBottom 15%Same areaTop 24%CitywideTop 18%

Lot Size

above average
6,299 sqft
0255075100
Same streetTop 33%Same areaTop 19%CitywideTop 25%

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

10 Tilstone Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 384 m), 1 parks (nearest 364 m).

Search radius
🏫Education1
🌳Parks1

Crime & Safety

River Park South · WPS public data · 2026

Annual incidents

25

2026

vs. city avg

-15%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

64%

Sales History

Sold 6/2021CA$500k–550k
Sold price

Same street

Bottom 20%

Same area

Top 14%

City-wide

Top 14%

Related homes

Highlights & common questions: 10 Tilstone Bay, Winnipeg

Property Overview: 10 Tilstone Bay, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in River Park South presents a compelling blend of established value and comfortable living. Built in 2000, it occupies a generous 6,299 sqft lot, offering more outdoor space than most in the neighborhood. With 1,528 sqft of living area, the home provides above-average space compared to the Winnipeg market overall, though it is more modest relative to some larger, newer homes on its own street.

The primary appeal lies in its strong positional value. The assessed value of $557k sits significantly above averages for both the neighborhood and the city, indicating a perception of enduring worth in a desirable area. This suggests a mature, settled street with likely stable property values. The home would suit practical buyers who prioritize lot size and location over having the newest or largest house on the block. It’s an ideal fit for those seeking a established community in River Park South, offering a balance between space, value, and a convenient Winnipeg address without the premium for a brand-new build.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales?
According to available data, the home sold between $500k-$550k in mid-2021. Its current assessed value of $557k places it well above the city and neighborhood averages, suggesting appreciation. For precise, verified sale figures, a manual records lookup is recommended.

2. Is the living space considered small for the area?
Context matters. The home’s living area is above the Winnipeg city average, but slightly below the specific average for Tilstone Bay street, where many homes were built later and are larger. It offers comfortable space that is typical and competitive for the wider River Park South neighborhood.

3. What does the lot size offer?
At over 6,200 sqft, the lot is a standout feature, larger than most in River Park South. This provides excellent outdoor potential, from gardening to private recreation, and is a key asset not easily replicated in newer subdivisions.

4. The home was built in 2000. What should I consider?
A 2000 build means modern construction standards but also that major components (like the roof, HVAC, or windows) may be nearing or due for proactive maintenance or replacement soon, which is a standard consideration for homes of this age.

5. How can I get exact historical price data?
Due to industry regulations, exact MLS sold prices are not published here. You can request the full transaction history and exact figures via email, and the service will provide a manual lookup at no cost.

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