Property score
62.0
Fair
Overall 62.0 · Smaller than most nearby homes
870 sqft (bottom 8%) · Built in 1986 (4 yrs older than avg)
Located in a high-income area with median household income of ~114k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park, and 1 place of worship nearby
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 67%French · 9%
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
62.0 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: #46110502
$114K
Median household income
$118K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
13%
Single-person households
41%
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
118 Aldgate Road — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 439 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 49% | Top 38% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 118 Aldgate Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1986 bungalow in River Park South presents a practical entry point into a well-established neighborhood. Its key characteristic is its modest 870 sqft living area, which is notably smaller than most homes on its street and in the broader area. This is reflected in its assessed value of $384k, which sits below the local average but aligns closely with the Winnipeg-wide typical price.
The appeal lies in its efficiency and positioning. For the price, it offers land ownership (a 4,628 sqft lot) in a mature community, often at a lower threshold than larger, updated homes nearby. It suits first-time buyers or downsizers seeking a lower-maintenance footprint without leaving the neighborhood, or investors looking for a rental property with a stable baseline value. A thoughtful perspective is that its "below average" size and value for the immediate area could represent a relative value opportunity for a buyer comfortable with a smaller space, as it avoids paying a premium for the neighborhood's larger average home sizes.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($384k) is a municipal tax valuation. Recent sold price data for the area suggests this home last sold between $400k-$450k in 2023. For the most accurate historical sale figures, you should request a manual lookup from the site.
2. How does the home's size compare to others nearby?
At 870 sqft, the living area is smaller than most comparable homes on Aldgate Road (average 1,405 sqft) and in River Park South (average 1,410 sqft). This is a defining feature of this property.
3. What does the "below average" ranking for year built mean?
Built in 1986, it is older than many homes on its street (where the average build year is 1998). However, it is actually newer than the average Winnipeg home (1966). This indicates a mature street with some newer infill or development.
4. Are the sold prices shown from the MLS?
No. The sold price data provided here is compiled from public online sources, not the MLS. For fully verified transaction history and exact sale prices, you must request a manual lookup via email.
5. What is the context for its value within Winnipeg?
While its value is below average for its specific street and neighborhood, it is very close to the city-wide average assessed value for comparable homes ($390.1k). This highlights that values in River Park South generally run higher than many parts of Winnipeg.
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.
