114 Strand Circle

River Park South, Winnipeg

59.7

Fair

Overall 59.7

Smaller and older than most nearby homes

969 sqft (bottom 16%)

Built in 1980 (10 yrs older than avg)

Located in a above-average income area

with median household income of ~86k

Transit 74.0

4-min walk to transit with 2 nearby routes

Within 500m: 1 school, and 3 parks nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 79%French · 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

59.7 is composed by the two sections below.

Property Score

48.1Low
Living Area969 sqft42Low
Year Built198067Good
Lot Size3,401 sqft38Low
Neighbourhood Sales Activity76Good

Community Score

77.2Good
Household Income79Good
Education Level54Fair
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110495

Community deep dive

$86K

Median household income

$98K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

31%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)506
Labour force participation rate70%
Median age38.4
Avg household size2.3
Unemployment rate10%
Population density3614 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households31%
Couple families with children22%
Median household income (2020)$86K

Housing

Renter households24%
Condominium dwellings29%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority18%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

around average
969 sqft
0255075100
Same streetBottom 37%Same areaBottom 16%CitywideBottom 23%
Same street · Strand Circle
#29 / 46
Bottom 37% · Avg 1,097 sqft
Same area · River Park South
#3,026 / 3,617
Bottom 16% · Avg 1,410 sqft
Citywide · Winnipeg
#149,612 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
369k
0255075100
Same streetBottom 37%Same areaBottom 18%CitywideTop 47%
Same street · Strand Circle
#29 / 46
Bottom 37% · Avg 380k
Same area · River Park South
#2,949 / 3,617
Bottom 18% · Avg 447.2k
Citywide · Winnipeg
#91,965 / 194,458
Top 47% · Avg 390.1k

Year Built

Elite
1980
0255075100
Same streetTop 2%Same areaBottom 15%CitywideTop 34%

Lot Size

below average
3,401 sqft
0255075100
Same streetBottom 4%Same areaBottom 7%CitywideBottom 18%

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

114 Strand Circle — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 233 m), 3 parks (nearest 186 m).

Search radius
🏫Education1
🌳Parks3

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%

Sales History

Sold 12/2023CA$350k–400k
Sold price

Same street

Top 25%

Same area

Bottom 46%

City-wide

Top 39%

Related homes

Highlights & common questions: 114 Strand Circle, Winnipeg

Property Overview: 114 Strand Circle, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This 1980-built home in River Park South presents a practical and affordable entry point into a mature Winnipeg neighborhood. With 969 square feet of living space and an assessed value of $369,000, it sits comfortably around the average for its immediate street but below the broader neighborhood average, suggesting a value-oriented position. Its standout characteristic is its age relative to the street—it is the oldest home on Strand Circle, which can imply well-established landscaping and a settled streetscape, but also signals a potential focus on maintenance and updates.

The appeal lies in its affordability and location within a family-oriented community. The lot, while smaller than most in the area at 3,401 sqft, offers manageable upkeep—a plus for first-time buyers, downsizers, or those seeking a lower-maintenance yard. Recent sales data indicates it sold within the last two years in the $350k-$400k range, aligning with its assessment and reinforcing its status as a competitively priced option.

This property would best suit a pragmatic first-time homebuyer or an investor looking for a straightforward rental property in a stable area. It’s less suited for those seeking ample space or a modern, turn-key home, but ideal for someone comfortable with a home of this vintage and seeing potential in its established setting and relative value.

Frequently Asked Questions

1. How does the home’s size compare to others nearby?
At 969 sqft, the living area is slightly below the average for Strand Circle (~1,097 sqft) and more notably below the wider River Park South neighborhood average (~1,410 sqft). This indicates a more compact, efficient floor plan typical of its era.

2. Is the assessed value in line with recent sale prices?
Yes. The $369,000 assessment is consistent with its reported sale price range of $350,000-$400,000 in late 2023. This suggests the assessment reflects current market value.

3. What does it mean that this is the oldest home on the street?
Built in 1980, it is the original home on the block. This often means mature trees and landscaping, but it also suggests that major components (like the roof, windows, or heating system) may be older or have been updated at different times, so a thorough inspection is advisable.

4. How does the lot size impact the property?
The 3,401 sqft lot is smaller than most in the neighborhood. This reduces yard maintenance but also limits expansion potential and outdoor space compared to neighboring properties.

5. Where can I get verified historical sale data for this property?
The site notes that exact sale figures are not displayed publicly due to industry rules. They offer a manual lookup service; you can request the exact sold price history by emailing them directly through the provided link on the property page.

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