Property score
89.2
Excellent
Overall 89.2 · Larger than most nearby homes
1,817 sqft (top 18%) · Built in 1988 (2 yrs older than avg)
Located in a high-income area with median household income of ~141k
Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 1 place of worship nearby
Living Area
Above average
29% larger than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 61%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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89.2 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: #46111261
$141K
Median household income
$159K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
9%
Single-person households
54%
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
12 Parenteau Place — 1 amenities found within 500 m, across 1 categories.
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%
12 Parenteau Place: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 12 Parenteau Place, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1988 four-level split home in River Park South stands out for its generous, mature lot and spacious interior. Its key characteristic is the exceptionally large 17,560 sqft property, which ranks in the top 2% of all lots in Winnipeg. This provides rare potential for privacy, gardening, expansion, or recreation in the city. The 1,817 sqft living area is also well above average for the neighbourhood, offering ample room for a growing or multi-generational family. The home features an attached garage and a renovated basement.
The appeal lies in a combination of space, established location, and value. It suits buyers looking for a long-term family home where the land itself is a major asset. It would particularly fit those who value outdoor space over a brand-new build, and who see potential in a property where the lot size is a legacy feature rarely found in newer subdivisions. It’s also a sensible option for buyers comparing newer, smaller homes on standard lots, as it offers more room both inside and out for a competitive assessed value.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing or inquiry with the listing agent is necessary to determine the finish quality, layout, and whether it includes a legal suite or additional bedrooms.
2. How does the 1988 build year affect the home?
While not a new build, the home is in the middle range for its established street and neighbourhood. Buyers should budget for expected maintenance of a 38-year-old home (roof, windows, major systems) but can also appreciate the established landscaping and neighbourhood character that comes with it.
3. The assessed value seems low compared to the lot size. Why?
Municipal assessed value for tax purposes is not market value. This assessment reflects a historical valuation and may not capture the current market premium for such a large lot. The sale price will be determined by current market conditions and buyer demand for this unique feature.
4. Is the huge lot fully usable?
Prospective buyers should verify the lot's topography, zoning, and any easements. A lot this size may have portions that are low or wooded, which influences its use for gardening, play, or future development like a garage or addition.
5. What is the neighbourhood like?
River Park South is a mature, family-oriented neighbourhood in southeast Winnipeg. The high rankings show this specific property is among the largest and most valuable on its street and in the area, suggesting a well-kept, established setting with access to local schools, parks, and amenities.
