83.9
Excellent
Property score
83.9
Excellent
Overall 83.9
Newer than most nearby homes
1,574 sqft (top 37%)
Built in 2008 (18 yrs newer than avg)
Located in a high-income area
with median household income of ~131k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
12% larger than neighborhood avg.
Year Built
Above average
18 yrs newer than neighborhood avg.
Mother tongue
English · 67%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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83.9 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: #46110501
$131K
Median household income
$142K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
2.9
P90 / P10 ratio
11%
Single-person households
49%
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
15 Farnsworth Crescent — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 297 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 6% | Top 25% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 15 Farnsworth Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 15 Farnsworth Crescent in River Park South presents a compelling mix of value and practicality. Built in 2008, it is a newer home relative to most of Winnipeg, offering modern construction without the premium of a brand-new build. With 1,574 sqft of living space, it is comfortably above the city-wide average, providing ample room for daily life, yet it sits on a more modest, manageable lot compared to some larger properties on its own street.
The primary appeal lies in its strong value proposition within a desirable neighborhood. The assessed value of $550k is significantly above averages for both the neighborhood and the city, indicating a solid investment in a well-regarded area. However, it's notably below the average for Farnsworth Crescent itself. This creates a unique dynamic: you are acquiring a home that stands out as a high-value property in the broader context of Winnipeg and River Park South, while simultaneously being one of the more accessible entry points on a street of larger, higher-value homes. This suits buyers looking for a modern, move-in ready home in a mature suburban neighborhood, who prioritize efficient living space over a very large yard, and who see the advantage of being on a street with more expensive properties—a factor that can support long-term value.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to its neighbors?
While its living area is above average for Winnipeg and typical for River Park South, it is smaller than most homes on Farnsworth Crescent itself. This may appeal to those seeking a lower-maintenance interior space while still benefiting from the street’s overall prestige.
2. Why is the assessed value so high compared to the neighborhood average?
The $550k assessment reflects the home’s modern age (2008), its location within a sought-after neighborhood, and the influence of the higher-value homes on its immediate street. It signals that the property is considered a premium offering within the wider area.
3. What is the likely property tax implication of this assessment?
Property taxes are based on the mill rate applied to the assessed value. With an assessment in the top 15% of the neighborhood, owners should anticipate correspondingly higher property taxes compared to the average River Park South home.
4. The home sold in 2016. What can that tell me?
The previous sale price (estimated between $450k-$500k) provides a historical benchmark. The increase to the current $550k assessment suggests appreciation, but for precise market analysis, verifying the exact sale price and comparing it to recent sales of similar homes is essential.
5. How can I get the exact historical sale price?
Due to data display regulations, exact sold prices are not published on this site. You can request the full transaction history via email, and the team will provide the verified figures directly to you.
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