Property score
56.3
Fair
Overall 56.3 · Smaller than most nearby homes
826 sqft (bottom 3%) · Built in 1985 (5 yrs older than avg)
Located in a above-average income area with median household income of ~80k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 1 park nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 68%French · 7%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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56.3 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111008
$80K
Median household income
$84K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
32%
Single-person households
20%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
106 Elsbury Bay — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 478 m), 1 healthcare (nearest 185 m), 1 shopping (nearest 372 m).
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%
106 Elsbury Bay: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a compact single-family home in Winnipeg’s River Park South area, built in 1985 with 826 square feet of living space and a land area of 3,742 square feet. Its assessed value of $360,000 sits right around the local average.
The main draw here is the land-to-living-area ratio. You’re getting a reasonably sized lot for a home that’s significantly smaller than most in the neighbourhood and citywide. This matters if you value outdoor space over interior square footage, or if you’re looking for a property with room to expand. The 1985 build date puts it newer than about a third of homes on the same street and nearly a third citywide, meaning mechanical systems and construction standards are likely more modern than older stock.
This property would suit buyers willing to compromise on interior space for a more affordable entry point into a desirable area. It may work well for a first-time buyer or someone looking to downsize who still wants a private yard. It’s less suited to families needing multiple bedrooms or open-plan living areas, unless renovations are planned.
1. How does this property compare to others in River Park South?
It’s on the lower end for both living area and land size within the neighbourhood—bottom 3% for interior space and bottom 11% for lot size. The assessed value is also below the area average, reflecting its smaller footprint.
2. Is the assessed value reasonable for the size?
The value aligns closely with the average on this street and sits around the middle citywide. Given the smaller living area, the value likely reflects the land component and location rather than the house itself.
3. Would this home be suitable for adding an extension?
The lot is average for the street at 3,742 square feet, which leaves room for a modest addition. However, zoning and setback rules in River Park South would need to be checked—don’t assume expansion is straightforward without consulting the city.
4. Why is the living area so much smaller than the neighbourhood average?
This home was built in 1985, when smaller single-family homes were more common. The area has since seen development of larger houses, so this property is a remnant of an earlier building era rather than an anomaly.
5. What should I look for during a viewing in a home of this age?
At nearly 40 years old, focus on the condition of the roof, windows, furnace, and foundation. Also check whether the electrical and plumbing have been updated—homes of this vintage often still have original systems that may need replacing soon.
