Property score
52.1
Fair
Overall 52.1 · Smaller and older than most nearby homes
680 sqft (bottom 1%) · Built in 1981 (9 yrs older than avg)
Located in a high-income area with median household income of ~103k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 3 parks, 1 sports facility, and 2 fuel stations nearby
Living Area
Below average
52% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 69%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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52.1 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: #46110497
$103K
Median household income
$118K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
14%
Single-person households
37%
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
11 Lechman Place — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 167 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 36% | Bottom 10% | Bottom 35% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 14% | Bottom 5% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 11 Lechman Place, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a specific value proposition centered on efficiency and location. Its key characteristic is its compact size at 680 sqft, which is notably smaller than most homes in the River Park South neighborhood and across Winnipeg. Built in 1981, it is actually one of the newer homes on its own street. The assessed value of $330k sits below the neighborhood average but is closer to the city-wide benchmark, suggesting the price reflects the smaller scale.
The primary appeal lies in its potential as an affordable entry point into a well-established suburban community. It suits first-time buyers or downsizers seeking minimal upkeep and lower property taxes without leaving a popular area. A thoughtful perspective is that this smaller footprint could align well with a minimalist lifestyle or serve as a strategic hold in a neighborhood of larger homes, where future land value may be driven more by location than the current structure's size. The modest lot size further reduces maintenance demands.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($330k) is for municipal tax purposes. Recent sold price data for the home (2017, 2019) and comparable listings nearby suggest a market price likely within the $300k-$400k range, but a professional appraisal and market analysis are essential for accuracy.
2. How does the smaller living area impact daily living and resale?
The 680 sqft layout requires efficient use of space. It may appeal to individuals, couples, or those comfortable with compact living. While it limits appeal to families needing more room, it can be a trade-off for affordability in the area.
3. What are the property taxes for this home?
Property taxes are based on the assessed value. You can estimate them by applying Winnipeg's current tax rate to the $330,000 assessment. Taxes will be proportionally lower than for larger, higher-valued homes in the same neighborhood.
4. The home is newer than others on the street. Does that mean major systems are newer?
While the 1981 build date is relatively recent for the street, key components like the roof, furnace, and windows are now over 40 years old. Their condition and replacement history should be verified during an inspection.
5. Can I see the exact historical sold prices for this property?
The site provides sold price ranges. For verified, exact transaction figures, you must request a manual lookup via email, as MLS sold data is not displayed publicly here due to industry regulations.
