174 John Forsyth Road

River Park South, Winnipeg

Property score

66.0

Good

Overall 66.0 · Smaller than most nearby homes

1,040 sqft (bottom 25%) · Built in 1983 (7 yrs older than avg)

Located in a above-average income area with median household income of ~83k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 shop, 1 park, and 1 bank/ATM nearby

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 61%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

66.0 is composed by the two sections below.

Property Score

56.5Fair
Living Area1,040 sqft52Fair
Year Built198373Good
Lot Size3,997 sqft46Low
Neighbourhood Sales Activity76Good

Community Score

80.2Excellent
Household Income78Good
Education Level91Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health68Good

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: #46110492

Community deep dive

$83K

Median household income

$84K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

34%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)544
Labour force participation rate57%
Median age44.4
Avg household size2.4
Unemployment rate0%
Population density4945 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households34%
Couple families with children19%
Median household income (2020)$83K

Housing

Renter households13%
Condominium dwellings48%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)39%
Visible minority51%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 61%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

around average
1,040 sqft
0255075100
Same streetBottom 43%Same areaBottom 25%CitywideBottom 32%
Same street · John Forsyth Road
#75 / 132
Bottom 43% · Avg 1,174 sqft
Same area · River Park South
#2,711 / 3,617
Bottom 25% · Avg 1,410 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
377k
0255075100
Same streetBottom 41%Same areaBottom 23%CitywideTop 45%
Same street · John Forsyth Road
#78 / 132
Bottom 41% · Avg 397.2k
Same area · River Park South
#2,772 / 3,617
Bottom 23% · Avg 447.2k
Citywide · Winnipeg
#87,097 / 194,458
Top 45% · Avg 390.1k

Year Built

around average
1983
0255075100
Same streetBottom 27%Same areaBottom 34%CitywideTop 31%

Lot Size

around average
3,997 sqft
0255075100
Same streetBottom 30%Same areaBottom 14%CitywideBottom 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

174 John Forsyth Road — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 318 m), 1 shopping (nearest 377 m), 1 parks (nearest 405 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks1
🏦Finance1

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 5/2016CA$250k–300k
Sold price

Same street

Bottom 16%

Same area

Bottom 8%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 174 John Forsyth Road, Winnipeg

Property Overview: 174 John Forsyth Road, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,040 sqft bungalow, built in 1983 on a 4,000 sqft lot, presents a practical and affordable entry point into Winnipeg’s established River Park South neighborhood. Its primary appeal lies in its solid value positioning. With an assessed value of $377k, it sits comfortably below the neighborhood average, offering a relative discount for the area while being very close to the citywide average. This creates an opportunity for cost-conscious buyers to access a mature community with larger, often more expensive homes.

The home suits first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property. Its size is manageable, and its rankings indicate it’s a very typical home for its specific street—you’re buying a standard offering in a well-regarded area, not an outlier. A thoughtful perspective is that its slightly smaller lot and living area compared to some neighbors could mean lower property taxes and utility costs, aligning with a efficient, budget-aware lifestyle. The data suggests it’s a home for those who prioritize community and location over sheer size, offering a chance to build equity in a stable market.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The assessed value of $377k is below the River Park South neighborhood average but is very typical for John Forsyth Road itself. This suggests you’re paying a "street price" for a home that might be considered modest within the broader, more upscale community context.

2. Is the living space smaller than average?
At 1,040 sqft, it is below the neighborhood average. However, it is close to the average for the street and the city overall. It’s a compact bungalow layout, efficient for individuals, couples, or small families.

3. What is the history of sold prices for this property?
Public records show it last sold between $250k-$300k in May 2016. To obtain the exact historical sale price and a fully verified transaction history, you must request a manual lookup from the site provider, as MLS data is not displayed here.

4. How does the lot size impact this property?
The lot is under 4,000 sqft, which is smaller than many in River Park South. This means less yard maintenance but also less private outdoor space. It is, however, consistent with other lots on John Forsyth Road.

5. The home was built in 1983. What should I consider?
Built in the early 1980s, this home is newer than the Winnipeg city average. Key systems (roof, windows, furnace, plumbing) are likely at or approaching their typical lifespan, so a thorough inspection is advised to budget for potential updates or maintenance.

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