Property score
67.8
Good
Overall 67.8 · Smaller than most nearby homes
1,000 sqft (bottom 21%) · Built in 1984 (6 yrs older than avg)
Located in a high-income area with median household income of ~94k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 2 place of worships nearby
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Near average
6 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
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67.8 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
152 Malmsbury Avenue — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 348 m), 1 parks (nearest 484 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 48% | Top 46% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 152 Malmsbury Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Malmsbury Avenue in River Park South is a practical, entry-level property built in 1984. With 1,000 sqft of living space, it is notably more compact than most homes on its street and in the wider neighborhood, placing it in the bottom quarter for size locally. The lot size is also slightly below the street average. However, its assessed value of $408k is firmly around the average for the area, suggesting the value is anchored in the established neighborhood rather than the home's scale.
The primary appeal lies in its position within a stable, mature community. It represents a more affordable access point into a neighborhood where many homes are larger and more expensive. For buyers, this means a lower barrier to entry with the potential to add value through updates over time. It would suit first-time buyers, downsizers seeking a manageable space without leaving the area, or investors looking for a straightforward rental property in a dependable family-oriented suburb. A thoughtful perspective is that a smaller, efficiently designed home can mean lower utility costs and less maintenance, offering a simpler lifestyle without sacrificing location.
Section 2: Frequently Asked Questions
1. Is the home’s below-average size a concern?
While the living area is smaller than many neighboring homes, it reflects the property's positioning as a more affordable option in the area. For the right household, it offers efficient living in a desirable location.
2. How does the assessed value compare to recent sale prices?
The home last sold between $350k-$400k in late 2021. Its current assessed value of $408k is slightly higher, aligning with broader market averages for the neighborhood. For exact historical sale figures, a manual lookup can be requested.
3. What does the "Above Average" year built ranking mean?
Built in 1984, the home is newer than many comparable properties across Winnipeg and is typical for its street. This generally suggests construction methods and major systems (like wiring) may be more modern than in older city-wide stock.
4. Are the property taxes likely to be high?
With an assessed value that is around the neighborhood average, the property taxes should be reasonably in line with other homes in River Park South, not exceptionally high or low.
5. What are the immediate neighboring properties like?
The direct neighbors on Malmsbury Avenue are very close, with homes as near as 15 meters. The nearby comparable listings suggest a consistent streetscape of well-maintained, family homes from the early 1980s, indicating a settled, uniform community feel.
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