77.1
Good
Property score
77.1
Good
Overall 77.1
Compared with neighbourhood average
1,510 sqft (top 41%)
Built in 1983 (7 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: 1 healthcare facility, 3 parks, 1 sports facility, and 2 fuel stations nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
7% larger than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 66%Chinese · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
77.1 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: #46111007
$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
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 Pear Tree Bay — 7 amenities found within 500 m, across 4 categories, including 1 healthcare (nearest 482 m), 3 parks (nearest 399 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%
Local garbage, recycling, and yard waste pickup schedule for 111 Pear Tree Bay.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 13% | Top 44% | Top 33% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 47% | Bottom 26% | Bottom 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 111 Pear Tree Bay, Winnipeg
Key Characteristics & Appeal
This 1983-built home in River Park South stands out on its street for its above-average scale and lot size. With 1,510 sqft of living space on a 5,500 sqft lot, it offers more room than most immediate neighbors, ranking in the top 10-20% on Pear Tree Bay for these features. Its assessed value of $434K is also notably higher than the street average, suggesting a premium position within the micro-market.
The appeal lies in its established, consistent setting. Homes on the street share the same vintage, creating a uniform streetscape. For buyers, this means less risk of drastic over-improvement compared to the neighborhood. It’s a property that suits someone looking for a spacious home in a mature area without being the largest or newest house in a more varied subdivision. It represents a solid, middle-ground option in Winnipeg—offering more house than the city average, on a good-sized lot, in a stable pocket of a popular family neighborhood.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold between $400K-$450K in August 2023. Its current assessed value ($434K) is above the street average but close to the neighborhood average, indicating its valuation is in line with broader area trends, though at the higher end for its specific block.
2. Is the lot size a significant advantage?
Yes, particularly on this street. The 5,500 sqft lot is about 19% larger than the street average, offering more outdoor space than most direct comparables. This is a key differentiator here, though it is closer to the average for the wider River Park South area.
3. What does the year built tell us?
Built in 1983, it is typical for the street but newer than the average Winnipeg home. This suggests infrastructure like wiring and plumbing may be more modern than in many older city neighborhoods, while the established age means major components could be nearing or due for updates.
4. Why is the assessed value higher than the street average?
The higher assessment likely reflects the combined value of its larger living area and larger lot compared to other homes on Pear Tree Bay. It’s physically a bigger property on a bigger piece of land, which is consistently factored into municipal assessment.
5. Where can I get exact historical sale prices?
The site provides estimated price ranges. For fully verified and exact sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
