Property score
60.6
Fair
Overall 60.6 · Smaller than most nearby homes
870 sqft (bottom 8%) · Built in 1985 (5 yrs older than avg)
Located in a high-income area with median household income of ~94k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 9%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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
Free · No credit card required
60.6 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: #46110500
$94K
Median household income
$104K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
25%
Single-person households
29%
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 Trowbridge Bay — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 229 m), 1 education (nearest 363 m), 1 parks (nearest 434 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 21% | Bottom 24% | Bottom 45% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 6% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 15 Trowbridge Bay, Winnipeg
Key Characteristics & Buyer Profile
This 870 sqft home, built in 1985, presents a specific value proposition in Winnipeg's River Park South neighborhood. Its key characteristic is a clear contrast between its compact living space and its solid, modern construction relative to the broader market. While the home's square footage is notably below average for its street, neighborhood, and city, it is one of the newest homes on its block. The assessed value of $352k sits below the local area averages but aligns closely with the city-wide median, suggesting a price point that may offer accessibility in a stable community.
The appeal lies in its efficiency and position as a relatively newer build on a mature street. It suits first-time buyers or downsizers seeking a lower-maintenance footprint without moving into an older building stock. It may also attract value-oriented investors or buyers who prioritize a newer foundation and mechanical systems over sheer space, viewing the smaller size as an opportunity for manageable living costs and potential updates. A thoughtful perspective is that this property could serve as a strategic, more affordable entry into a neighborhood where most homes are larger and more expensive, allowing for equity building in a well-established area.
Frequently Asked Questions
1. Is the living area too small?
At 870 sqft, the home is compact. It is significantly smaller than most homes on its street and in River Park South. This suits a minimalist lifestyle, a single occupant, or a couple, but may feel tight for a family needing multiple dedicated rooms.
2. How does the assessed value compare to likely selling price?
The assessed value is $352k. While assessments are for tax purposes and not a direct market appraisal, it provides a benchmark. Recent sold prices on the street (2021, 2016) were in the $300k-$350k and $250k-$300k ranges, respectively, suggesting a historically stable value corridor.
3. What are the advantages of the 1985 build year?
Being built in 1985 makes this home one of the newest on Trowbridge Bay. This often means newer construction materials, wiring, plumbing, and building techniques compared to much of Winnipeg's older housing stock, potentially reducing immediate repair needs.
4. How does the lot size impact the property?
The 4,800 sqft lot is slightly below average for the street but typical for the neighborhood. It provides a manageable yard space for gardening or recreation without the high maintenance of a larger plot.
5. Where can I get exact historical sold prices for this home?
The website provides sold price ranges. Due to industry rules, exact MLS sold records are not displayed. You can request the full transaction history and exact figures via email from the site provider, who will manually look up the information.
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.
