Property score
56.2
Fair
Overall 56.2 · Smaller and older than most nearby homes
810 sqft (bottom 2%) · Built in 1978 (12 yrs older than avg)
Located in a high-income area with median household income of ~90k
Transit 76.0 · 7-min walk to transit with 4 nearby routes · Within 500m: 3 schools, 1 healthcare facility, 2 parks, and 2 fuel stations nearby
Living Area
Below average
43% smaller than neighborhood avg.
Year Built
Below average
12 yrs older than neighborhood avg.
Mother tongue
English · 66%Chinese · 5%
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
56.2 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: #46111007
$90K
Median household income
$92K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
23%
Single-person households
27%
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 Rillwood Place — 8 amenities found within 500 m, across 4 categories, including 3 education (nearest 413 m), 1 healthcare (nearest 460 m), 2 parks (nearest 357 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 47% | Bottom 8% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 12 Rillwood Place, River Park South, Winnipeg
Key Characteristics & Appeal
This 810 sqft bungalow, built in 1978, presents a straightforward, entry-level opportunity in the established River Park South neighborhood. Its primary appeal lies in its relative affordability within a mature community, as evidenced by its assessed value of $296k, which sits below both neighborhood and city-wide averages. The home’s living area and lot size (3,078 sqft) are modest, particularly when compared to newer builds in the area, positioning it as a more compact and manageable property.
This home would best suit first-time buyers, downsizers, or investors seeking a lower-priced foothold in a stable Winnipeg suburb. Its value proposition is clear: a chance to enter the market with lower property taxes and maintenance demands associated with a smaller home and yard. A thoughtful perspective is that its "below average" size and value for the area could be an advantage, offering a simpler living space without the premium paid for larger, modernized homes nearby. It represents a practical, no-frills option in a community where many properties have been expanded or rebuilt over time.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($296k) is for municipal tax purposes. Recent sold price data for the area suggests a range between $250k and $300k, but for precise, verified sale histories, a manual lookup is recommended.
2. How does the size of this home compare to others nearby?
At 810 sqft, this home's living area is below the average for both River Park South and Winnipeg overall. On its own street, it ranks in the lower third for size, indicating it is one of the more compact offerings in the immediate vicinity.
3. What are the property taxes likely to be?
While exact taxes depend on the mill rate, the below-average assessed value typically results in proportionally lower property tax bills compared to higher-valued homes in the same city and neighborhood.
4. Is the lot size suitable for an addition or expansion?
The 3,078 sqft lot is around average for Rillwood Place but below the neighborhood standard. Any expansion would need to consider lot coverage bylaws. It may be more suitable for a garden or deck rather than a major footprint addition.
5. How current is the sold price data provided?
The sold price range shown is based on publicly available data from January 2016 through April 2025. For the most accurate and complete transaction history, you should request an exact figure lookup by email.
