64.5
Fair
Property score
64.5
Fair
Overall 64.5
Smaller than most nearby homes
870 sqft (bottom 8%)
Built in 1987 (3 yrs older than avg)
Located in a high-income area
with median household income of ~141k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 1 park, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 61%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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64.5 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: #46111261
$141K
Median household income
$159K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
9%
Single-person households
54%
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
18 Aldgate Road — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 482 m), 1 education (nearest 457 m), 1 parks (nearest 394 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 | Bottom 30% | Bottom 46% | Top 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 870 sqft bungalow at 18 Aldgate Road in Winnipeg's River Park South neighborhood presents a specific, value-oriented opportunity. Built in 1987, it sits on a 4,101 sqft lot and has an assessed value of $384k. The home last sold between $350k-$400k in late 2021. Its key appeal lies in its position as a more affordable entry point into a stable neighborhood, particularly for those prioritizing lot ownership over square footage. Compared to nearby homes, it has a smaller footprint and lot size, which is reflected in its below-average rankings for living and land area on its street and in the area. However, its citywide assessed value is around the average benchmark, suggesting its price aligns with broader Winnipeg norms.
This property would suit first-time buyers, downsizers, or investors seeking a lower-cost holding in a well-established community. Its compact size means lower utility and maintenance costs, appealing to those seeking efficiency. A thoughtful perspective is that a smaller home on a decent lot offers clearer potential for future expansion or landscaping projects than a larger home on a maxed-out lot. It’s a practical choice for someone comfortable with a cozy layout who values the long-term asset of land in a mature area over immediate space.
1. Is this a good value for the neighborhood?
The data suggests it's priced below the local averages for both River Park South and Aldgate Road specifically, making it a more affordable option in the area. You are effectively trading square footage and lot size for location and a lower price point.
2. What does the living area ranking mean?
With a living area ranked in the top 86% on its street, it means only 14% of comparable homes on Aldgate Road are smaller. It's a compact home relative to its immediate neighbors, which typically have around 1,405 sqft.
3. How does the assessed value compare city-wide?
City-wide, its $384k assessment is ranked almost exactly at the median (Top 43%), meaning it's very typical for a Winnipeg home of its type. This indicates the assessment is in line with the general market, not an outlier.
4. What can the 2021 sale price tell me?
The home sold for between $350k and $400k in October 2021. This provides a recent market benchmark. To understand current value, you would need to compare this to recent sales of similar homes and consider market changes since that time.
5. How can I get the exact historical sale prices?
The site notes that exact sale figures are not displayed publicly due to industry rules. You can request them via email from the provider, who will manually look up the verified transaction history and send it to you.
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