14 Vermette Place

River Park South, Winnipeg

Property score

83.9

Excellent

Overall 83.9 · Newer than most nearby homes

1,436 sqft (top 45%) · Built in 1989 (1 yr older than avg)

Located in a high-income area with median household income of ~141k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 place of worship nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Above average

1 yrs older than neighborhood avg.

Mother tongue

English · 61%French · 5%

Past 10 years River Park South sales snapshot (~80% of all data)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

Need help understanding this property?

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

Property score

83.9 is composed by the two sections below.

Property Score

79.0Good
Living Area1,436 sqft75Good
Year Built198978Good
Lot Size11,449 sqft97Excellent
Neighbourhood Sales Activity76Good

Community Score

91.3Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111261

Community deep dive

$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

Population, labour & age

Population (2021)1,363
Labour force participation rate75%
Median age36.8
Avg household size3.3
Unemployment rate5%
Population density1975 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households9%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households3%
Condominium dwellings8%
Median dwelling value (owners)$496K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority40%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 60%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,436 sqft
0255075100
Same streetBottom 17%Same areaTop 45%CitywideTop 34%
Same street · Vermette Place
#5 / 6
Bottom 17% · Avg 1,679 sqft
Same area · River Park South
#1,630 / 3,617
Top 45% · Avg 1,410 sqft
Citywide · Winnipeg
#65,989 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
530k
0255075100
Same streetTop 50%Same areaTop 19%CitywideTop 15%
Same street · Vermette Place
#3 / 6
Top 50% · Avg 526.5k
Same area · River Park South
#700 / 3,617
Top 19% · Avg 447.2k
Citywide · Winnipeg
#29,752 / 194,458
Top 15% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetTop 50%Same areaTop 29%CitywideTop 23%

Lot Size

Elite
11,449 sqft
0255075100
Same streetBottom 33%Same areaTop 2%CitywideTop 4%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

14 Vermette Place — 1 amenities found within 500 m, across 1 categories.

Search radius
Worship1

Crime & Safety

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%

Sales History

Sold 10/2016CA$400k–450k
Sold price

Same street

Bottom 33%

Same area

Top 32%

City-wide

Top 25%

Related homes

Highlights & common questions: 14 Vermette Place, Winnipeg

Property Overview: 14 Vermette Place, Winnipeg

Key Characteristics & Appeal

This 1,436 sqft home, built in 1989, sits on a notably large lot in Winnipeg's River Park South neighborhood. Its primary distinction is the land itself: at 11,449 sqft, the lot size ranks in the top 2% of the neighborhood and top 4% city-wide, offering exceptional outdoor space potential that is rare for the area. The home presents a balanced profile—its living area is average for the neighborhood and city, while its assessed value of $530,000 is above average for both, indicating the property is valued higher than many peers, likely influenced by the substantial lot.

The appeal lies in this combination of a solid, average-sized family home paired with a premium, expansive yard. It suits buyers who prioritize outdoor space for gardening, recreation, or future expansion over having a larger interior footprint. It’s a practical choice for those seeking a established neighborhood character, as the street and home are typical for the late-1980s period. The property may particularly resonate with value-conscious buyers who see the long-term potential in the land itself, or families wanting ample play space without moving to a rural area.

Frequently Asked Questions

1. How does the home’s size compare to others on the street?
While the living area (1,436 sqft) is slightly below the street average, the lot size is above the street average. This suggests a trade-off common for the property: more outdoor space relative to indoor space compared to some neighbors.

2. Why is the assessed value above the neighborhood average?
The assessed value ranks higher than most homes in River Park South. This is likely due to the combination of the home's characteristics and, most significantly, the very large lot size, which is a key value driver in urban settings.

3. What is the recent sales history for this property?
Public records indicate it last sold between October 2016 for a price in the CA$400k–450k range. For fully verified and exact historical sale figures, a manual lookup through the site’s service is required.

4. Is the lot size truly unusual for the area?
Yes. The data shows the lot is over twice the neighborhood average (5,447 sqft) and significantly larger than the city average. This "elite" ranking for land area is the property's most standout feature.

5. What does the "around average" ranking for year built mean?
Built in 1989, the home is typical for its street and slightly newer than the Winnipeg city average. It falls within a common construction period for the neighborhood, meaning systems and structure are of a familiar vintage for the area, which can simplify inspections and renovations.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.