Property score
79.6
Good
Overall 79.6 · Larger than most nearby homes
1,634 sqft (top 30%) · 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
Living Area
Above average
16% larger 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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79.6 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
119 Malmsbury Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 421 m), 1 education (nearest 246 m), 1 parks (nearest 458 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 33% | Bottom 37% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 119 Malmsbury Avenue, Winnipeg
Key Characteristics & Appeal
This 1984-built home in River Park South offers a practical and well-sized living space of 1,634 sqft, which is consistently above average for its street, neighborhood, and the city of Winnipeg. Its assessed value of $410,000 is positioned around the local average, suggesting a stable, mid-market investment without a significant premium for size. The lot is a standard suburban size at just over 5,000 sqft.
The primary appeal lies in its established, predictable nature. It’s a home in a mature neighborhood where the fundamentals—size, age, and value—are all squarely in line with or better than the surrounding norms. This isn’t a standout fixer-upper or a luxury property; it’s a solid, above-average-sized home in a settled area. It would suit buyers looking for a move-in-ready, no-surprises family home in a convenient Winnipeg suburb, particularly those who value space and neighborhood consistency over a brand-new build or a dramatic renovation project. A thoughtful perspective is that its "above average" size paired with an "around average" value could indicate good value for square footage, or it may reflect the trade-offs of an older home that hasn’t been fully modernized.
Frequently Asked Questions
1. How does the living area truly compare to nearby homes?
At 1,634 sqft, this home is larger than approximately 76% of comparable homes on its street and 70% in the wider city, making its interior space one of its strongest assets.
2. Is the assessed value a reliable indicator of its market price?
The assessed value of $410,000 is very close to the street average. It provides a stable baseline, but the final sale price will depend on current market conditions, the home’s interior condition, and recent upgrades not reflected in the assessment.
3. What does the sale history tell us?
Records show it last sold between $350,000-$400,000 in September 2020. This past price, combined with the current assessment, suggests steady, moderate appreciation in line with the area.
4. How does the lot size compare?
The 5,027 sqft lot is typical for the area, slightly smaller than the street average but very common for the neighborhood. It offers standard backyard space for a family home without being overly large to maintain.
5. Where can I get verified sale price data for this home?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures via email from the provider, who will manually look up the information.
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