80.0
Excellent
Property score
80.0
Excellent
Overall 80.0
Older than most nearby homes
1,522 sqft (top 40%)
Built in 1981 (9 yrs older than avg)
Located in a high-income area
with median household income of ~110k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 school, 1 shop, 1 park, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
8% larger than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 74%Chinese · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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80.0 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: #46110493
$110K
Median household income
$122K
Average household income
0.2
Income inequality (Gini)
2.3
P90 / P10 ratio
13%
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
14 Thornewood Avenue — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 138 m), 1 shopping (nearest 418 m), 1 parks (nearest 259 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 1% | Bottom 28% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 14 Thornewood Avenue, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,522 sqft bungalow, built in 1981, presents a solid, no-surprises offering in the established River Park South neighborhood. Its primary appeal lies in its balanced metrics and generous 6,240 sqft lot, which is notably larger than most in the area. The home's living space is above the Winnipeg average, providing ample room for a growing family or those who value space. While its assessed value is modest compared to its immediate street, this positioning could represent a relative value opportunity within a stable, mature community.
The property suits practical buyers looking for a home that doesn't require competing for the newest or largest house on the block. It's ideal for someone who prioritizes a sizable yard over a recently built structure and sees potential in a home that is older than many in its neighborhood but on par with the city's overall housing stock. It’s a sensible choice for those seeking a grounded entry into a family-friendly area without the premium price tag of a newer build.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $300k-$350k in 2017. Its current assessed value of $400k is below the street average of ~$424.5k, suggesting it may be priced conservatively relative to its neighbors, though a professional appraisal is needed for a current market valuation.
2. Is the lot size a significant advantage?
Yes. The lot is in the top 20% for size within River Park South, offering more outdoor space than typical properties in the neighborhood. This is a lasting asset for gardening, play, or future expansion.
3. The home was built in 1981. What should I consider?
While newer than the city average, it is older than many homes in River Park South. This typically means well-established infrastructure and mature landscaping, but buyers should budget for updates consistent with a 40+ year-old home, such as windows, roof, and major systems.
4. Why is the assessed value ranking so different at the street, neighborhood, and city levels?
This highlights the property's context: it's on a street of relatively high-value homes (ranking 18th out of 21), is average for the neighborhood, and is slightly above average city-wide. This indicates you're buying into a desirable micro-location where this home is one of the more affordable options.
5. How can I get the exact historical sale price?
The site provides sold price ranges for reference. Due to industry rules, exact MLS sale figures are not published here. You can request the full transaction history and exact sold prices via email through the site’s manual lookup service.
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