77.3
Good
Property score
77.3
Good
Overall 77.3
Larger than most nearby homes
1,643 sqft (top 29%)
Built in 1988 (2 yrs older than avg)
Located in a above-average income area
with median household income of ~74.5k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 healthcare facility, 2 parks, 1 sports facility, and 2 fuel stations nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
17% larger than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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77.3 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: #46111009
$75K
Median household income
$78K
Average household income
15%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
32%
Single-person households
16%
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 Rivergate Drive — 6 amenities found within 500 m, across 4 categories, including 1 healthcare (nearest 438 m), 2 parks (nearest 322 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% | Top 15% | Top 15% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 15 Rivergate Drive, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,643 sqft home, built in 1988, sits on a 5,779 sqft lot in Winnipeg's River Park South neighborhood. Its primary appeal lies in its strong positioning within the broader market, offering a balanced and practical opportunity. While it is one of the more modest properties on its own street in terms of size, value, and lot dimensions, it stands above average for both living space and assessed value when compared to the wider neighborhood and the entire city. This creates a unique dynamic: it’s a competitively sized and valued home in a well-established area, potentially offering a more accessible entry point onto a desirable street where other homes are typically larger and more valuable.
The property would suit practical buyers looking for a solid, move-in ready home in a mature suburban setting without paying a premium for the largest lot or square footage on the block. It’s also a sensible choice for those who value neighborhood stability and city-wide comparables over simply having the biggest house on the street. The 2023 sale suggests recent market activity, making it a relevant benchmark for the area.
Frequently Asked Questions
1. Is this home a good value compared to others in River Park South?
Based on assessed value, it is very close to the neighborhood average. Its living area is notably above the area average, which could indicate good value for the space offered relative to other local options.
2. Why is the assessed value lower than the street average?
The home’s living area and lot size are below the street’s average, which directly influences its assessed valuation. It is essentially a smaller property on a street of larger homes, reflected in its ranking and value.
3. How recent is the sale price data, and how accurate is it?
The home sold in July 2023. The provided price range is based on publicly available data, not the MLS. For fully verified and exact sale figures, you must request a manual lookup from the site via email.
4. What does the "Top 15%" ranking for the sold price mean?
This indicates that the final sold price in 2023 was higher than approximately 85% of comparable sale prices in both the neighborhood and city-wide during the data coverage period, suggesting it was a strong sale at that time.
5. The lot is smaller than the street average. Is that a major drawback?
It depends on priorities. The lot is still above the neighborhood average and near the city average. It may mean less yard maintenance than neighbors while still providing decent outdoor space, which some buyers may prefer.
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