66.9
Good
Property score
66.9
Good
Overall 66.9
Smaller than most nearby homes
1,000 sqft (bottom 21%)
Built in 1983 (7 yrs older than avg)
Located in a high-income area
with median household income of ~96k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 2 parks, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 66%French · 3%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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66.9 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: #46111153
$96K
Median household income
$99K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
18%
Single-person households
33%
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 Willowbend Crescent — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 220 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 | Top 42% | Bottom 46% | Top 39% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | Bottom 26% | Bottom 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 15 Willowbend Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 15 Willowbend Crescent in River Park South is a study in balanced, practical value. Its key characteristic is its position as a solidly average property within its immediate area, particularly in terms of assessed value, which aligns closely with street and neighborhood averages. The 1,000 sqft living area is notably compact compared to many nearby homes, which may appeal to those seeking lower utility costs and easier maintenance without sacrificing location.
The property’s primary appeal lies in its established neighborhood and its vintage. Built in 1983, it is among the very newest homes on its street, suggesting potentially fewer age-related issues than older peers. While the lot and living space are modest, the assessed value history indicates stable, middle-of-the-market pricing. This isn’t a luxury home, but a straightforward, entry-level property in a mature community.
It would best suit first-time buyers or downsizers who prioritize a manageable footprint in a settled area over sheer size. It’s also a sensible option for value-focused investors seeking a rental property with predictable, average market valuation, rather than a standout project home.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 1,000 sqft, the home is smaller than many in River Park South. This is ideal for individuals, couples, or small families who value efficient living and lower heating costs, but may feel cramped for those needing multiple dedicated rooms or ample storage.
2. How does its assessed value impact property taxes?
With an assessed value around the neighborhood average, you can expect property taxes to be fairly typical for River Park South, neither unusually high nor low. It’s a middle-of-the-road position.
3. The home is newer than others on the street. What does that mean?
Being built in 1983 places it in the top tier for its street. This often correlates with updated building standards for the time, potentially meaning better insulation, wiring, or plumbing compared to much older Winnipeg homes, though a specific inspection is still essential.
4. What is the likely price trend based on past sales?
Past sales show the home has appreciated within a normal range. Its value tends to move with the broader area market rather than outperforming it, suggesting it’s a stable, lower-volatility holding rather than a rapid-appreciation asset.
5. How does the lot size affect the property?
The lot is below average for the street. This means less yard maintenance, which is a plus for some, but also less private outdoor space. It’s worth considering if you desire a large garden, deck, or future expansion.
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