107 Pear Tree Bay

River Park South, Winnipeg

79.8

Good

Overall 79.8

Larger than most nearby homes

1,650 sqft (top 29%)

Built in 1984 (6 yrs older than avg)

Located in a high-income area

with median household income of ~90k

Transit 80.0

4-min walk to transit with 3 nearby routes

Within 500m: 3 parks, 1 sports facility, and 2 fuel stations nearby

Living Area

Above average

17% larger than neighborhood avg.

Year Built

Near average

6 yrs older than neighborhood avg.

Mother tongue

English · 66%Chinese · 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

79.8 is composed by the two sections below.

Property Score

81.4Excellent
Living Area1,650 sqft83Excellent
Year Built198473Good
Lot Size7,482 sqft88Excellent
Neighbourhood Sales Activity76Good

Community Score

77.4Good
Household Income81Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46111007

Community deep dive

$90K

Median household income

$92K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

23%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)743
Labour force participation rate61%
Median age47.6
Avg household size2.5
Unemployment rate8%
Population density1769 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households23%
Couple families with children27%
Median household income (2020)$90K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority15%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 4%

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

Rankings

Living Area

above average
1,650 sqft
0255075100
Same streetTop 8%Same areaTop 29%CitywideTop 23%
Same street · Pear Tree Bay
#4 / 51
Top 8% · Avg 1,071 sqft
Same area · River Park South
#1,040 / 3,617
Top 29% · Avg 1,410 sqft
Citywide · Winnipeg
#44,724 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

Elite
492k
0255075100
Same streetTop 4%Same areaTop 29%CitywideTop 21%
Same street · Pear Tree Bay
#2 / 51
Top 4% · Avg 382.5k
Same area · River Park South
#1,044 / 3,617
Top 29% · Avg 447.2k
Citywide · Winnipeg
#40,982 / 194,458
Top 21% · Avg 390.1k

Year Built

Elite
1984
0255075100
Same streetTop 4%Same areaBottom 43%CitywideTop 30%

Lot Size

above average
7,482 sqft
0255075100
Same streetTop 10%Same areaTop 10%CitywideTop 14%

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

107 Pear Tree Bay — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 389 m).

Search radius
🌳Parks3
💪Sports1
Fuel Stations2

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 107 Pear Tree Bay.

🗑️

Garbage

friday

♻️

Recycling

friday

🍂

Yard Waste

friday b

Sales History

Sold 10/2016CA$350k–400k
Sold price

Same street

Top 33%

Same area

Bottom 45%

City-wide

Top 41%

Related homes

Highlights & common questions: 107 Pear Tree Bay, Winnipeg

Property Overview: 107 Pear Tree Bay, River Park South, Winnipeg

Key Characteristics & Appeal

This home at 107 Pear Tree Bay stands out for its above-average scale and established value within its community. With 1,650 sqft of living space, it is notably larger than most homes on its street and in the broader River Park South neighborhood. The lot size of 7,482 sqft is a significant feature, offering ample outdoor space that ranks in the top 10% locally. Built in 1984, the property is among the newer homes on its street. Its assessed value of $492k is elite for Pear Tree Bay, indicating a premium position relative to immediate neighbors.

The appeal lies in securing a property that outperforms local benchmarks for space, both indoors and out, on a mature street. It suits buyers looking for a established neighborhood character who prioritize generous room sizes and a larger yard over a brand-new build. It would particularly fit growing families seeking space or those who value having one of the more substantial properties on the block, which can contribute to long-term value stability. A thoughtful perspective is that while the assessed value is high for the street, it remains below the neighborhood average, potentially offering a "best on the block" status without the peak area price tag.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
The home last sold between $350k-$400k in 2016. Its current assessed value of $492k is elite for its street. For precise, verified sale history and exact past sale prices, a manual lookup can be requested.

2. Is the living area considered large for the area?
Yes. At 1,650 sqft, it ranks in the top 8% on Pear Tree Bay and is above the averages for both River Park South and Winnipeg overall.

3. What does the "Elite" ranking for assessed value mean?
It means this home’s $492k assessment is in the top 4% of 51 comparable properties on Pear Tree Bay, suggesting it is viewed as one of the most valuable homes on the street.

4. How does the lot size compare?
The 7,482 sqft lot is substantially larger than the street average (4,622 sqft) and places in the top 10% within the River Park South neighborhood.

5. You mention it’s “among the newer homes on its street.” How old is it?
Built in 1984, it is just one year newer than the street’s average build year of 1983, placing it in the top 4% for its street. It is older than the neighborhood average but newer than the citywide average for comparable homes.

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