164 Farnsworth Crescent

River Park South, Winnipeg

Property score

90.5

Excellent

Overall 90.5 · Larger and newer than most nearby homes

2,053 sqft (top 10%) · Built in 2009 (19 yrs newer than avg)

Located in a high-income area with median household income of ~131k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Above average

46% larger than neighborhood avg.

Year Built

Above average

19 yrs newer than neighborhood avg.

Mother tongue

English · 67%French · 6%

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

90.5 is composed by the two sections below.

Property Score

90.4Excellent
Living Area2,053 sqft94Excellent
Year Built200990Excellent
Lot Size6,313 sqft81Excellent
Neighbourhood Sales Activity76Good

Community Score

90.7Excellent
Household Income92Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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: #46110501

Community deep dive

$131K

Median household income

$142K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

2.9

P90 / P10 ratio

11%

Single-person households

49%

Families with children

Population, labour & age

Population (2021)1,135
Labour force participation rate74%
Median age38.4
Avg household size3.2
Unemployment rate4%
Population density3242 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households11%
Couple families with children49%
Median household income (2020)$131K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$420K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority29%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 6%

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

Rankings

Living Area

above average
2,053 sqft
0255075100
Same streetBottom 19%Same areaTop 10%CitywideTop 10%
Same street · Farnsworth Crescent
#43 / 53
Bottom 19% · Avg 2,253 sqft
Same area · River Park South
#367 / 3,617
Top 10% · Avg 1,410 sqft
Citywide · Winnipeg
#18,681 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
590k
0255075100
Same streetBottom 28%Same areaTop 7%CitywideTop 9%
Same street · Farnsworth Crescent
#38 / 53
Bottom 28% · Avg 688.5k
Same area · River Park South
#259 / 3,617
Top 7% · Avg 447.2k
Citywide · Winnipeg
#16,865 / 194,458
Top 9% · Avg 390.1k

Year Built

above average
2009
0255075100
Same streetTop 23%Same areaTop 11%CitywideTop 12%

Lot Size

above average
6,313 sqft
0255075100
Same streetTop 42%Same areaTop 19%CitywideTop 25%

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

164 Farnsworth Crescent — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 407 m), 1 parks (nearest 205 m).

Search radius
🏫Education1
🌳Parks1

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 8/2020CA$500k–550k
Sold price

Same street

Top 50%

Same area

Top 11%

City-wide

Top 12%

Related homes

Highlights & common questions: 164 Farnsworth Crescent, Winnipeg

Property Overview

This 2009-built home at 164 Farnsworth Crescent in Winnipeg's River Park South neighborhood presents an interesting profile. At 2,053 sqft, it offers above-average living space for both the neighborhood and the city, yet it sits on a slightly more modest lot compared to others on its own street. Its assessed value of $590,000 positions it as a premium property within the wider area, but more accessible compared to some immediate neighbors. The home last sold in August 2020 for an estimated $500,000–$550,000.

Key Characteristics & Appeal

The primary appeal of this property lies in its balance of modern convenience and established community. Built in 2009, it is a relatively newer home that likely avoids major immediate renovation needs, set within a mature, sought-after neighborhood. While its living area is generous for Winnipeg overall, the context is key: on its own street of larger homes, it is actually below average in size and value. This creates a unique dynamic—it offers entry into a premium street and a top-tier neighborhood (River Park South) at a point below the street's peak price point.

It would suit buyers looking for a move-in ready home in a well-regarded suburban area, particularly those who value space and modern construction but may not need the largest home on the block. It could appeal to growing families seeking community amenities and good schools, or to professionals wanting a established area without an older home's upkeep. The data suggests a buyer who prioritizes neighborhood quality and interior space over having the largest lot on the street.


Frequently Asked Questions

1. How does this home’s value compare to its neighbors?
Its assessed value of $590,000 is below the street average of ~$688,500 but ranks in the top 7% for the broader River Park South neighborhood. This indicates you are buying into a high-value area, but this specific home is not at the top of its immediate market.

2. Is the living space considered large?
It depends on the scope. At 2,053 sqft, it is above average for both Winnipeg and River Park South, offering ample room. However, on Farnsworth Crescent itself, it is ranked below average, as many homes on the street are larger.

3. When was it last sold and for how much?
It sold in August 2020. The publicly available sold price is given as a range of CA$500,000–$550,000. For verified, exact historical sale figures, a manual lookup must be requested from the site.

4. What does the lot size mean for outdoor space?
The lot is 6,313 sqft, which is above average for the neighborhood and city. On its specific street, it is around the average, meaning it offers good outdoor space but may not be the largest private yard on the block.

5. Why is there a difference between the assessed value and the last sold price?
The assessed value ($590k) is for taxation purposes and reflects a municipal valuation. The last sold price (est. $500k–$550k) is a historical market transaction from 2020. Market conditions, property improvements, and appraisal methods can create a discrepancy between these figures over time.

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