71.3
Good
Property score
71.3
Good
Overall 71.3
Compared with neighbourhood average
1,135 sqft (bottom 36%)
Built in 1984 (6 yrs older than avg)
Located in a high-income area
with median household income of ~94k
Transit 74.0
5-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 9%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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71.3 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: #46110500
$94K
Median household income
$104K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
25%
Single-person households
29%
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
111 Malmsbury Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 396 m), 1 education (nearest 235 m), 1 parks (nearest 447 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 | Top 26% | Top 33% | Top 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 11% | Bottom 19% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 111 Malmsbury Avenue in Winnipeg's River Park South neighborhood presents a solid, middle-of-the-road offering. Built in 1984, its 1,135 sqft living space and $411k assessed value consistently rank as "around average" compared to most neighbors and similar city-wide properties. This creates a predictable and stable profile. Its appeal lies in this very consistency—it’s a known quantity in an established area, avoiding the extremes of being the smallest, oldest, or most expensive on the block. The lot size is slightly below the street average but offers standard suburban space.
It would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize neighborhood stability over standout features. It’s for someone seeking a manageable home without unexpected comparisons, where investment is based more on livability than on outperforming the market.
1. How does this home’s value compare to recent sales on the street?
The home last sold in February 2022 for between $400k-$450k, a price that ranked in the top 26% for the street at that time. This suggests it was a competitive sale, and its current assessed value remains aligned with the street's average.
2. Is the home newer or older than others nearby?
Built in 1984, it is actually above average in age for its street, ranking in the top 21% (where newer is better). This means it is one of the older homes on Malmsbury Avenue, though it matches the typical age for the wider River Park South area.
3. What is the potential downside of the "average" rankings?
While "average" offers stability, it may also mean less built-in equity growth compared to a home with standout features (like a significantly larger lot or more modern build). Its appreciation is likely to mirror the neighborhood's overall trend rather than exceed it.
4. How does the lot size impact usability?
At 5,027 sqft, the lot is moderately sized but below the street average. It should comfortably accommodate a backyard and garden, but may feel tighter for extensive additions like a large deck, pool, or detached garage compared to some neighbors.
5. Where can I get verified historical sale data?
The site provides sold price ranges. For exact sale figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.
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