Property score
64.0
Fair
Overall 64.0 · Smaller than most nearby homes
991 sqft (bottom 19%) · Built in 1983 (7 yrs older than avg)
Located in a high-income area with median household income of ~96k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 parks, 1 fuel station, and 2 place of worships nearby
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 66%French · 3%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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64.0 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: #46111153
$96K
Median household income
$99K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
18%
Single-person households
33%
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
178 Willowbend Crescent — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 492 m), 2 parks (nearest 326 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 39% | Top 49% | Top 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 19% | Bottom 19% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 178 Willowbend Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Willowbend Crescent in River Park South is a study in practical value and established comfort. Built in 1983, it is notably one of the newer homes on its street, offering potential advantages in terms of modern construction standards and likely fewer major immediate renovations compared to older peers. With a living area of 991 sq. ft., the home is compact, ranking below average in size for the street, neighborhood, and city. This positions it as an efficient, manageable space ideal for first-time homebuyers, downsizers, or investors seeking a straightforward rental property.
Its primary appeal lies in its solid value proposition within a mature neighborhood. The assessed value of $421k is consistently around the average benchmark at every comparison level—street, neighborhood, and city-wide. This suggests the property is priced in line with market fundamentals, not inflated by speculation. The lot size of just over 5,000 sq. ft. is also typical for the area, providing a decent outdoor space without the burden of extensive upkeep.
A thoughtful perspective for buyers is to see the smaller living area not just as a limitation, but as a feature for lower utility costs, easier maintenance, and a forced simplicity that suits a minimalist lifestyle. Furthermore, its "around average" valuation across the board indicates stability; it's a property less likely to be subject to wild appraisal swings, which can be reassuring for cautious buyers or those with strict financing parameters.
Section 2: Frequently Asked Questions
1. Is the smaller living area a concern for resale?
While below average in size, the property's assessed value aligns with averages, indicating the market has already priced in its square footage. Its appeal to entry-level and downsizing markets in a well-established area like River Park South provides a consistent buyer pool.
2. How does the 1983 build year affect the home?
Being one of the newest homes on the street (ranked #3 out of 84) is a positive. It may mean components like wiring, plumbing, and windows are relatively younger, potentially deferring major system updates. However, a 40-year-old home will still require a thorough inspection, as some original features may be nearing the end of their lifespan.
3. What do the sold price histories from 2016 and 2021 indicate?
The past sales show steady appreciation in line with broader market trends. The 2021 sale placed in the top 39% for the street, suggesting the property can perform well in active markets. This history points to a reliable, if not explosive, growth trajectory.
4. How accurate are the assessed value and sold price figures shown?
The assessed value is an official municipal figure used for tax purposes. The sold price data is sourced from public records but is presented in ranges; the site notes it is not MLS data and offers a manual lookup service for verified, exact historical sale amounts.
5. Who would this property not suit?
It would likely not suit buyers looking for a large, turn-key family home with ample room for growth, or those seeking a premium, above-average lot size. Its strengths are in efficiency and stability, not in spaciousness or luxury features.
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