16 Rillwood Place

River Park South, Winnipeg

Property score

58.9

Fair

Overall 58.9 · Smaller and older than most nearby homes

900 sqft (bottom 10%) · Built in 1978 (12 yrs older than avg)

Located in a high-income area with median household income of ~90k

Transit 76.0 · 7-min walk to transit with 4 nearby routes · Within 500m: 3 schools, 1 healthcare facility, 2 parks, and 2 fuel stations nearby

Living Area

Below average

36% smaller than neighborhood avg.

Year Built

Below average

12 yrs older than neighborhood avg.

Mother tongue

English · 66%Chinese · 5%

Past 10 years River Park South sales snapshot (~80% of all data)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

58.9 is composed by the two sections below.

Property Score

46.6Low
Living Area42
900 sqftLow
Year Built67
1978Good
Lot Size28
2,971 sqftLow
Neighbourhood Sales Activity76
Good

Community Score

77.4Good
Household Income81
Excellent
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111007

Community deep dive

$90K

Median household income

$92K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

23%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)743
Labour force participation rate61%
Median age47.6
Avg household size2.5
Unemployment rate8%
Population density1769 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households23%
Couple families with children27%
Median household income (2020)$90K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority15%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
900 sqft
0255075100
Same streetBottom 48%Same areaBottom 10%CitywideBottom 17%
Same street · Rillwood Place
#22 / 42
Bottom 48% · Avg 904 sqft
Same area · River Park South
#3,241 / 3,617
Bottom 10% · Avg 1,410 sqft
Citywide · Winnipeg
#162,141 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

around average
311k
0255075100
Same streetBottom 40%Same areaBottom 4%CitywideBottom 33%
Same street · Rillwood Place
#25 / 42
Bottom 40% · Avg 314.2k
Same area · River Park South
#3,472 / 3,617
Bottom 4% · Avg 447.2k
Citywide · Winnipeg
#131,157 / 194,458
Bottom 33% · Avg 390.1k

Year Built

around average
1978
0255075100
Same streetTop 33%Same areaBottom 5%CitywideTop 35%

Lot Size

below average
2,971 sqft
0255075100
Same streetBottom 19%Same areaBottom 3%CitywideBottom 10%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

16 Rillwood Place — 8 amenities found within 500 m, across 4 categories, including 3 education (nearest 411 m), 1 healthcare (nearest 461 m), 2 parks (nearest 349 m).

Search radius
🏫Education3
🏥Healthcare1
🌳Parks2
Fuel Stations2

Crime & Safety

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%

Sales History

Sold 4/2021CA$250k–300k
Sold price

Same street

Bottom 47%

Same area

Bottom 8%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 16 Rillwood Place, Winnipeg

Property Overview

16 Rillwood Place presents a modest, well-established home in Winnipeg's River Park South neighborhood. Its appeal lies in its affordability and alignment with typical homes on its street, offering a practical entry point into a desirable area.

Key Characteristics & Ideal Buyer

This is a 900 sqft bungalow built in 1978, sitting on a 2,971 sqft lot. The data reveals a property that is very typical for its immediate street but sits below the neighborhood averages for size and value. Its assessed value of $311k is close to the street average of ~$314k, yet it stands significantly below the River Park South area average of ~$447k. This creates a key dynamic: you are purchasing a home that fits right in on Rillwood Place itself, but at a price point that is more accessible than many larger, newer homes in the wider neighborhood.

The appeal is grounded in value and stability. It suits first-time buyers or downsizers seeking a manageable, lower-maintenance home without sacrificing location. It’s also a sensible option for long-term investors looking for a rental property in a stable community. A less obvious perspective is that its smaller lot and footprint could mean lower utility and property tax costs compared to neighborhood averages, while its "average-on-the-street" status suggests less risk of over-improving for the area.


Frequently Asked Questions

1. How does this home’s value compare to others nearby?
Its assessed value is around the average for Rillwood Place but is notably below the average for the broader River Park South area. This indicates you're buying into the neighborhood at a lower price point, likely due to the home's smaller size and older vintage compared to many area homes.

2. Is the living space smaller than most homes in Winnipeg?
Yes. At 900 sqft, it is below the city-wide average of 1,342 sqft for comparable homes. This emphasizes its suitability for those seeking a cozy, efficient layout rather than ample space.

3. What is the history of sold prices for this home?
Public records show it last sold between $250k-$300k in April 2021. For fully verified sale figures and a complete transaction history, a manual lookup through the site is required.

4. How does the lot size impact the property?
The lot is smaller than averages for the street, neighborhood, and city. This typically means less yard maintenance but also less private outdoor space. It's a trade-off that contributes to the home's affordability.

5. The home was built in 1978. Is it older than most in the city?
Interestingly, no. Its 1978 build year is slightly newer than the Winnipeg city-wide average of 1966 for comparable homes. However, it is older than the River Park South neighborhood average (1990), reflecting the area's phases of development.