Property score
61.7
Fair
Overall 61.7 · Smaller and older than most nearby homes
936 sqft (bottom 14%) · Built in 1981 (9 yrs older than avg)
Located in a above-average income area with median household income of ~83k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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61.7 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: #46110494
$83K
Median household income
$97K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
30%
Single-person households
23%
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 Southwalk Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 320 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 45% | Bottom 39% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 119 Southwalk Bay, River Park South
Key Characteristics & Buyer Profile
This home at 119 Southwalk Bay is a practical, no-frills property that presents a clear value proposition. Its key characteristic is its compact size, with 936 sqft of living space and a 4,200 sqft lot, both of which are below average for the street, neighborhood, and city. This translates to lower utility costs and less maintenance, a genuine advantage for those seeking efficiency. The assessed value of $401k is firmly in the middle range, performing around average across most comparisons, suggesting a stable and fair market valuation.
The appeal lies in its position as one of the original homes on the block, built in 1981. This "elite" ranking on its own street indicates a well-established, mature setting. It suits first-time buyers or downsizers who prioritize a manageable footprint in a settled Winnipeg neighborhood like River Park South, without the premium price of a larger or newer home. It’s a straightforward property for someone who sees a smaller home not as a limitation, but as a sensible foundation to build equity or enjoy a simpler lifestyle.
Frequently Asked Questions
1. Is this home significantly smaller than its neighbors?
Yes. At 936 sqft, the living area is notably smaller than most comparable homes on Southwalk Bay (average 1,345 sqft) and in River Park South. This is the defining feature of the property.
2. How does its value compare to nearby homes that recently sold?
Based on available data, the home last sold for an estimated $350k–$400k in late 2020. Its current $401k assessment is consistent with the values of similar-sized homes on the street, though some larger neighboring properties are assessed higher.
3. What are the less obvious pros and cons of a home like this?
A thoughtful pro is the potential for lower ongoing property taxes, as the assessed value is modest for the area. A less obvious con is that its below-average lot size may limit expansion possibilities like adding a large deck or garage if desired.
4. The data says it's an "elite" year built on its street. What does that mean?
It was built in 1981, which is the same as the street's average. The "elite" ranking simply means it is among the original homes, not newer or older than the norm. It indicates a uniform, established streetscape.
5. Where can I get verified sale price history for this property?
The provided sold price is an estimate from public data. For fully verified transaction history and exact figures, you must request a manual lookup via email from the site, as MLS records are not displayed here.
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