Property score
60.6
Fair
Overall 60.6 · Smaller than most nearby homes
888 sqft (bottom 9%) · Built in 1984 (6 yrs older than avg)
Located in a high-income area with median household income of ~94k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 2 place of worships nearby
Living Area
Below average
37% smaller 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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60.6 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
127 Malmsbury Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 447 m), 1 education (nearest 257 m), 1 parks (nearest 468 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 41% | Top 44% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 127 Malmsbury Avenue, Winnipeg
Key Characteristics & Appeal
This 1984-built home in River Park South presents a practical entry point into a well-established Winnipeg neighborhood. At 888 square feet, it is notably more compact than most homes on its street and in the wider area, which is its defining characteristic. This smaller scale is reflected in its assessed value of $401k, which sits below the street average but aligns closely with the Winnipeg citywide average for comparable properties.
The appeal here is one of efficiency and opportunity. The lot size is typical for the area, offering standard outdoor space. The home’s age is actually above average both on its street and citywide, suggesting it is among the newer builds in its peer group. This property would suit first-time buyers, downsizers, or investors seeking a lower-priced foothold in a stable neighborhood without the maintenance of a larger house. Its recent sale in 2024 indicates a market-tested value. A thoughtful perspective is that a smaller, efficiently designed home can offer lower utility costs and less upkeep, allowing owners to invest more in quality updates or savings.
Frequently Asked Questions
1. Is this home significantly smaller than its neighbors?
Yes. With 888 sqft of living area, it ranks in the bottom 1% on its street and is well below the neighborhood and city averages for comparable homes.
2. How does its value compare to nearby properties?
Its $401k assessed value is below the street average of $420k but is around the average for the city of Winnipeg. Recent comparable sales on the same street and in River Park South have ranged from the high $300ks to mid $400ks.
3. What does the "above average" year built mean?
Built in 1984, this home is newer than many comparable homes in Winnipeg (which average 1966) and is on par with the average on its specific street. This can suggest potentially fewer issues associated with older construction.
4. Why is there only a sold price range and not an exact figure?
The provided data is sourced from publicly available records, not the MLS. To receive the exact, verified sold price and full transaction history, you must request it directly via email from the site.
5. Are the property taxes likely to be lower because it's smaller?
While not guaranteed, a lower assessed value relative to other homes on the street typically correlates with lower municipal property taxes, which is a potential ongoing cost advantage.
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