147 Vadeboncoeur Drive

River Park South, Winnipeg

Property score

89.0

Excellent

Overall 89.0 · Larger and newer than most nearby homes

2,073 sqft (top 10%) · Built in 2007 (17 yrs newer than avg)

Located in a high-income area with median household income of ~147k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Above average

47% larger than neighborhood avg.

Year Built

Above average

17 yrs newer than neighborhood avg.

Mother tongue

English · 72%French · 7%

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

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Property score

89.0 is composed by the two sections below.

Property Score

88.3Excellent
Living Area2,073 sqft94Excellent
Year Built200790Excellent
Lot Size5,493 sqft67Good
Neighbourhood Sales Activity76Good

Community Score

90.0Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46111258

Community deep dive

$147K

Median household income

$154K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

10%

Single-person households

51%

Families with children

Population, labour & age

Population (2021)744
Labour force participation rate63%
Median age41.6
Avg household size3.1
Unemployment rate9%
Population density3234 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households10%
Couple families with children51%
Median household income (2020)$147K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority22%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 7%

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

Rankings

Living Area

above average
2,073 sqft
0255075100
Same streetBottom 34%Same areaTop 10%CitywideTop 9%
Same street · Vadeboncoeur Drive
#47 / 71
Bottom 34% · Avg 2,117 sqft
Same area · River Park South
#346 / 3,617
Top 10% · Avg 1,410 sqft
Citywide · Winnipeg
#17,725 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
570k
0255075100
Same streetBottom 25%Same areaTop 11%CitywideTop 10%
Same street · Vadeboncoeur Drive
#53 / 71
Bottom 25% · Avg 613.4k
Same area · River Park South
#392 / 3,617
Top 11% · Avg 447.2k
Citywide · Winnipeg
#20,277 / 194,458
Top 10% · Avg 390.1k

Year Built

above average
2007
0255075100
Same streetTop 11%Same areaTop 16%CitywideTop 13%

Lot Size

around average
5,493 sqft
0255075100
Same streetBottom 39%Same areaTop 36%CitywideTop 44%

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

147 Vadeboncoeur Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 337 m), 1 parks (nearest 344 m).

Search radius
🏫Education1
🌳Parks1

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 9/2023CA$600k–650k
Sold price

Same street

Top 50%

Same area

Top 5%

City-wide

Top 7%

Related homes

Highlights & common questions: 147 Vadeboncoeur Drive, Winnipeg

Property Overview

This home at 147 Vadeboncoeur Drive presents a well-sized, modern family residence in Winnipeg's River Park South neighborhood. Built in 2007, its appeal lies in offering above-average space and a contemporary build compared to much of the city, while being positioned on a street of similar, often higher-valued homes. It suits buyers looking for a move-in ready, spacious home without paying a premium for the most expensive lot on the block. A thoughtful perspective is that it represents a "sweet spot" in its immediate area: you get the benefits of a mature, established street with newer construction, but the assessed value suggests there may be more value here relative to neighbors than first appears.

Key Characteristics & Appeal

The 2,073 sqft home stands out for its size, ranking in the top 10% in both the neighborhood and city-wide comparisons. Its 2007 build date is notably newer than average for Winnipeg. The assessed value of $570k is above average for the city and neighborhood, but interestingly, it sits below the average for its own street, where comparable homes are assessed around $613k. This indicates a potential value opportunity within a desirable micro-location. The lot size is standard for the area.

This property would ideally suit growing families or professionals seeking space and modern amenities in a quiet suburban setting. It’s also a prudent choice for value-conscious buyers who recognize that homes on the same street command higher prices, suggesting the area is desirable but this specific home may be priced more accessibly.


Frequently Asked Questions

1. How does this home’s value compare to its immediate neighbors?
While its assessed value is above average for Winnipeg and River Park South, it is actually below the average for Vadeboncoeur Drive itself. This could indicate a relative value proposition on a street of generally higher-valued homes.

2. Is the home considered modern for the area?
Yes. Built in 2007, it is newer than approximately 87% of comparable homes city-wide and is one of the newer homes on its street, offering more contemporary construction and likely fewer major maintenance concerns in the near term.

3. What does the sold price data indicate?
Public records show it sold between $600k-$650k in September 2023, placing it in the top 5% for the neighborhood at that time. This recent sale confirms strong market interest and a value consistent with its above-average characteristics.

4. How does the living space compare to typical Winnipeg homes?
With over 2,070 sqft, it offers significantly more space than the Winnipeg average (~1,342 sqft), ranking in the top 9% city-wide. It provides ample room for a family without being an exceptionally large or hard-to-maintain property.

5. Where can I get verified, exact historical sale data?
The provided sold price is a public record estimate. Due to industry rules, exact MLS transaction histories are not displayed here. You can request the full, verified sales history by emailing the site directly for a manual lookup.

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