180 Malmsbury Avenue

River Park South, Winnipeg

Property score

67.2

Good

Overall 67.2 · Smaller than most nearby homes

1,000 sqft (bottom 21%) · Built in 1984 (6 yrs older than avg)

Located in a high-income area with median household income of ~94k

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

Living Area

Below average

29% smaller than neighborhood avg.

Year Built

Near average

6 yrs older than neighborhood avg.

Mother tongue

English · 63%French · 9%

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

67.2 is composed by the two sections below.

Property Score

57.6Fair
Living Area1,000 sqft52Fair
Year Built198473Good
Lot Size4,398 sqft53Fair
Neighbourhood Sales Activity76Good

Community Score

81.6Excellent
Household Income82Excellent
Education Level82Excellent
Housing Stress74Good
Core Housing Need100Excellent
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: #46110500

Community deep dive

$94K

Median household income

$104K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

25%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)928
Labour force participation rate66%
Median age38.0
Avg household size2.5
Unemployment rate7%
Population density4034 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households25%
Couple families with children29%
Median household income (2020)$94K

Housing

Renter households21%
Condominium dwellings16%
Median dwelling value (owners)$356K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority20%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 63%
Mother tongue (2nd)French · 9%

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

Rankings

Living Area

below average
1,000 sqft
0255075100
Same streetBottom 15%Same areaBottom 21%CitywideBottom 26%
Same street · Malmsbury Avenue
#57 / 67
Bottom 15% · Avg 1,360 sqft
Same area · River Park South
#2,871 / 3,617
Bottom 21% · Avg 1,410 sqft
Citywide · Winnipeg
#143,718 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
394k
0255075100
Same streetBottom 21%Same areaBottom 34%CitywideTop 40%
Same street · Malmsbury Avenue
#53 / 67
Bottom 21% · Avg 420k
Same area · River Park South
#2,389 / 3,617
Bottom 34% · Avg 447.2k
Citywide · Winnipeg
#77,585 / 194,458
Top 40% · Avg 390.1k

Year Built

above average
1984
0255075100
Same streetTop 21%Same areaBottom 43%CitywideTop 30%

Lot Size

around average
4,398 sqft
0255075100
Same streetBottom 6%Same areaBottom 25%CitywideBottom 32%

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

180 Malmsbury Avenue — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 299 m), 1 parks (nearest 495 m).

Search radius
🏫Education1
🌳Parks1
Worship2

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 5/2023CA$350k–400k
Sold price

Same street

Bottom 44%

Same area

Bottom 48%

City-wide

Top 38%

Related homes

Highlights & common questions: 180 Malmsbury Avenue, Winnipeg

Property Overview: 180 Malmsbury Avenue, River Park South, Winnipeg

Key Characteristics & Buyer Profile

This 1,000 sqft bungalow, built in 1984, presents a practical opportunity in Winnipeg's River Park South neighborhood. Its key appeal lies in its relative value and established location. While the living space and lot size (4,398 sqft) are below the local averages, the home's assessed value of $394k is competitive, sitting close to the citywide average. It last sold for an estimated $350k-$400k in mid-2023.

The property suits first-time buyers or downsizers seeking an entry point into a stable, mature neighborhood without a premium price tag. Its appeal is grounded in affordability and function rather than size or luxury. A thoughtful perspective is that a smaller, well-maintained home on a modest lot can mean lower utility costs, less maintenance, and a cozier, more efficient living space. For the right buyer, it represents a chance to secure a home in a solid area while potentially leaving room in the budget for future updates.

Frequently Asked Questions

1. Is this house significantly smaller than others in the area?
Yes. At 1,000 sqft, the living area is below the average for both the street and the broader River Park South neighborhood. This is a key consideration if space is a priority, but it also contributes to a more accessible price point.

2. How does the assessed value compare?
The $394k assessment is fairly typical citywide but is below the average for Malmsbury Avenue itself. This suggests the property may be valued lower than some immediate neighbors, which could be an advantage for property taxes and purchase negotiations.

3. What is the lot size, and what does it allow for?
The lot is 4,398 sqft, which is smaller than most on the street. It likely allows for a manageable yard but may limit possibilities for large additions or extensive outdoor amenities like a pool.

4. Can I find out the exact past sale price?
The site provides an estimated range. To obtain the exact, verified sale history, you must request it directly via email, as this data is not sourced from the MLS.

5. The home was built in 1984. What does that imply?
Built in 1984, it is newer than many Winnipeg homes and is about average for its street. Buyers should budget for updates common to houses of this era, such as windows, roofing, or interior fixtures, while benefiting from a modern-enough layout and construction standards.

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