89.8
Excellent
Property score
89.8
Excellent
Overall 89.8
Larger and newer than most nearby homes
2,155 sqft (top 7%)
Built in 2011 (21 yrs newer than avg)
Located in a high-income area
with median household income of ~158k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
53% larger than neighborhood avg.
Year Built
Above average
21 yrs newer than neighborhood avg.
Mother tongue
English · 62%French · 9%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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89.8 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: #46111260
$158K
Median household income
$152K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
3%
Single-person households
71%
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
16 Elsey Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 416 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 14% | Top 2% | Top 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 16 Elsey Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 16 Elsey Road stands out for its above-average size and value within its context. Built in 2011, it offers 2,155 sqft of living space, which is notably larger than typical homes in River Park South, across Winnipeg, and even on its own street. This substantial size is its primary asset, providing ample room for family living. The assessed value of $596k aligns with this, ranking consistently in the top 8% of comparable homes at the street, neighborhood, and city level.
The appeal lies in acquiring a relatively modern, spacious home in an established neighborhood. While the lot size is average for the area, the house itself maximizes the living space efficiently. It suits buyers looking for a move-in ready, larger-than-average home without venturing into brand-new subdivisions. It’s particularly well-matched for growing families or those who value interior space over extensive yard maintenance. A thoughtful perspective is that while it ranks #1 on its street for living area, the year-built ranking suggests it’s among the older homes on a street of newer builds, indicating a mature, settled streetscape.
Section 2: Frequently Asked Questions
1. What did this property last sell for?
Public records indicate it sold in September 2023 for a price between CA$650,000 and CA$700,000. For fully verified and exact sale figures, a manual lookup through the site’s email request service is required.
2. How does the size of this home compare to others nearby?
Its living area of 2,155 sqft is significantly above average. It ranks #1 out of 13 on Elsey Road and is in the top 7% of homes in both the River Park South neighborhood and the city of Winnipeg for comparable properties.
3. Is the assessed value a reliable indicator of market price?
The assessed value of $596k is a strong benchmark for municipal taxation and shows the home is valued highly compared to peers. However, market price is influenced by current conditions, property condition, and recent upgrades, so it should be considered alongside recent sale prices and a professional appraisal.
4. The home was built in 2011. Is that considered old for the area?
Not at all. While it’s around the average age on its specific street, it is newer than 90% of comparable homes in the broader River Park South neighborhood, making it a relatively modern property in that context.
5. What are the comparable homes nearby?
Nearby properties with similar assessed values (around $596k) include homes on streets like Elmhurst Road in Varsity View and Sansregret Court in Ridgewood South. On Elsey Road itself, similar homes include 10 Elsey Road (assessed at $547k) and 30 Kellendonk Road (assessed at $581k), providing a direct local comparison.
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