78.7
Good
Property score
78.7
Good
Overall 78.7
Larger than most nearby homes
1,637 sqft (top 30%)
Built in 1986 (4 yrs older than avg)
Located in a high-income area
with median household income of ~96k
Transit 64.0
5-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
16% larger than neighborhood avg.
Year Built
Near average
4 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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78.7 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
18 Sonning Bay — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 339 m), 1 education (nearest 421 m), 1 parks (nearest 482 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 48% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 18 Sonning Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in River Park South presents a solid, above-average offering for its size and value within the broader Winnipeg market. Built in 1986, it features 1,637 sqft of living space, which ranks within the top 30% of its neighborhood and top 24% city-wide, offering more interior room than many comparable homes. The assessed value of $464k is notably above the Winnipeg average, yet sits comfortably around the average for both its immediate street and neighborhood, suggesting it is priced in line with its established community.
The appeal lies in its balanced positioning. It’s not an outlier in any single category but consistently performs better than most homes across the city, offering a sense of space and value that is competitive in its local area. The lot size of 4,769 sqft is typical for the area. A thoughtful perspective is that this property represents a "known quantity" in River Park South—it’s a stable investment in a mature neighborhood where values are consistent, avoiding the premium often attached to newer or more dramatically sized homes.
This home would suit practical buyers looking for space and neighborhood stability over flash or a fixer-upper project. It’s ideal for a growing family seeking established community amenities or a professional wanting a move-in-ready home with predictable value trends, without venturing into the highest or lowest tiers of the market.
Section 2: Frequently Asked Questions
1. How does this home’s size truly compare to others?
At 1,637 sqft, the living area is larger than approximately 70% of similar homes in Winnipeg and 70% in River Park South. On its own street, it is almost exactly average, meaning it offers more space than most city homes while fitting seamlessly into its immediate block.
2. Is the assessed value of $464k reasonable for the area?
The assessment is above the Winnipeg average but aligns closely with the averages for Sonning Bay ($454.1k) and River Park South ($447.2k). This indicates the value is reflective of the specific, desirable micro-market within this part of the neighborhood.
3. What can the 2019 sale price tell me?
The home sold for between $350k-$400k in April 2019. This range was in the top 38% of city-wide sale prices at that time, showing it has historically commanded a value above average. The increase to the current assessed value follows broader market trends.
4. The home was built in 1986. What should I consider?
The year built is newer than about 73% of comparable Winnipeg homes, but is typical for River Park South. Buyers should plan for maintenance and potential updates consistent with a home approaching 40 years old, such as roofing, windows, or major mechanical systems, while benefiting from a mature landscape and established neighborhood infrastructure.
5. How does the lot size impact potential?
At 4,769 sqft, the lot is slightly smaller than the average on its street but is standard for the wider area. It provides typical backyard space for the community but may limit extensive expansions or additions compared to properties on larger lots. Its size is a standard feature, not a standout asset or limitation.
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