Property score
76.3
Good
Overall 76.3 · Older than most nearby homes
1,591 sqft (top 34%) · Built in 1981 (9 yrs older than avg)
Located in a above-average income area with median household income of ~83k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 2 place of worships nearby
Living Area
Near average
13% larger than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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76.3 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: #46110494
$83K
Median household income
$97K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
30%
Single-person households
23%
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
150 Southwalk Bay — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 294 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 40% | Top 42% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 150 Southwalk Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-established home on Southwalk Bay presents a solid, above-average offering in Winnipeg's River Park South neighborhood. Built in 1981, its 1,591 sqft living space is notably spacious for its street and exceeds the citywide average, providing ample room for a growing family or those seeking extra space for a home office or hobbies. With an assessed value of $410k, it sits comfortably in the middle range for the area, suggesting a manageable entry point into a mature community.
The appeal lies in its balance and established context. It's a home that doesn't stand out for being the newest or largest in the broader neighborhood, but it holds a position of strength on its own street—particularly with its living area. For buyers, this indicates a property that likely offers good value within a specific, consistent streetscape of similar-era homes. It would suit practical buyers looking for a move-in-ready, no-surprises home in a settled area, or those who appreciate a neighborhood where homes are of a similar vintage and scale. A thoughtful perspective is that its "elite" ranking for year built on its street suggests it may be among the best-maintained or updated homes in that immediate row, as it's the benchmark others are compared to.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,591 sqft, the living area is larger than the average home on Southwalk Bay and across Winnipeg. Within the wider River Park South neighborhood, however, it is close to the average.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $410k is a municipal valuation for tax purposes. It is a useful benchmark, showing the home is priced around the average for its street. The last known sold price (2021) was in the $400k-$450k range. For a precise current market value, a comparative market analysis with a real estate professional is recommended.
3. The home was built in 1981. What should I consider?
This is a mature home. Its "elite" ranking for year built on its street means it is the newest or among the newest on the block, which can be positive. However, a professional inspection is crucial to assess the condition of major systems (roof, HVAC, plumbing) which may be nearing or past their typical lifespan.
4. How does the lot size of 5,000 sqft compare?
The lot is slightly smaller than the average for Southwalk Bay and River Park South, but is very typical for Winnipeg overall. It provides standard suburban yard space without being overly large to maintain.
5. Where can I find verified past sale prices for this property?
The site provides sold price ranges based on public data. To obtain exact, verified historical sale figures, you must request a manual lookup via email, as MLS transaction records are not displayed directly on the site due to industry regulations.
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