194 Alburg Drive

River Park South, Winnipeg

Property score

76.0

Good

Overall 76.0 · Compared with neighbourhood average

1,326 sqft (top 50%) · Built in 1983 (7 yrs older than avg)

Located in a high-income area with median household income of ~96k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 parks, 1 sports facility, 1 fuel station, and 2 place of worships nearby

Living Area

Near average

6% 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)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

76.0 is composed by the two sections below.

Property Score

73.8Good
Living Area1,326 sqft71Good
Year Built198373Good
Lot Size6,554 sqft85Excellent
Neighbourhood Sales Activity76Good

Community Score

79.4Good
Household Income83Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need76Good
Employment Health76Good

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: #46111153

Community deep dive

$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

Population, labour & age

Population (2021)956
Labour force participation rate72%
Median age37.2
Avg household size2.6
Unemployment rate8%
Population density4156 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households18%
Couple families with children33%
Median household income (2020)$96K

Housing

Renter households41%
Condominium dwellings4%
Median dwelling value (owners)$364K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority40%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 66%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,326 sqft
0255075100
Same streetBottom 39%Same areaTop 50%CitywideTop 40%
Same street · Alburg Drive
#47 / 77
Bottom 39% · Avg 1,438 sqft
Same area · River Park South
#1,808 / 3,617
Top 50% · Avg 1,410 sqft
Citywide · Winnipeg
#77,666 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
438k
0255075100
Same streetTop 32%Same areaTop 45%CitywideTop 30%
Same street · Alburg Drive
#25 / 77
Top 32% · Avg 422.7k
Same area · River Park South
#1,636 / 3,617
Top 45% · Avg 447.2k
Citywide · Winnipeg
#59,291 / 194,458
Top 30% · Avg 390.1k

Year Built

around average
1983
0255075100
Same streetTop 42%Same areaBottom 34%CitywideTop 31%

Lot Size

above average
6,554 sqft
0255075100
Same streetTop 10%Same areaTop 17%CitywideTop 22%

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

194 Alburg Drive — 6 amenities found within 500 m, across 4 categories, including 2 parks (nearest 282 m).

Search radius
🌳Parks2
💪Sports1
Fuel Stations1
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 9/2020CA$350k–400k
Sold price

Same street

Bottom 44%

Same area

Bottom 37%

City-wide

Top 46%
Sold 11/2016CA$300k–350k
Sold price

Same street

Bottom 30%

Same area

Bottom 29%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 194 Alburg Drive, Winnipeg

Property Overview: 194 Alburg Drive, River Park South, Winnipeg

Key Characteristics & Appeal

This 1983-built home in River Park South presents a balanced, grounded offering in the Winnipeg market. Its primary appeal lies in its generous 6,554 sqft lot, which ranks in the top 10% on its own street and offers above-average outdoor space for the neighborhood. The 1,326 sqft living area is consistently around the average for its street, area, and city, indicating a comfortable, typical size for the locale. With an assessed value of $438k, it sits above the Winnipeg citywide average for comparable homes, suggesting a perceived value that aligns with or exceeds broader market standards.

The property suits buyers seeking a established home in a mature neighborhood without extreme outliers in size or price. It’s a practical choice for those who prioritize a larger yard over a larger house footprint. The historical sales data shows steady value progression, and the home’s characteristics are consistently "around average" in most metrics, which can be a strength—it represents a stable, known quantity in the area without unexpected extremes. This makes it a sensible option for first-time buyers or downsizers looking for a manageable home with room to garden or relax outdoors, within a community of similar properties.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home last sold in late 2020. While exact prices require a manual lookup, the data indicates that sale was in the top 56% for the street at the time, showing a history of holding value relative to its immediate neighbors.

2. Is the lot size a significant advantage?
Yes. The lot is notably larger than most on Alburg Drive (top 10%) and in the River Park South neighborhood (top 17%). This is a key differentiator for outdoor space, potential landscaping, or future projects like a shed or deck.

3. The living area is described as "around average." What does that mean for daily life?
It means the home’s size is very typical for the area. You can expect a layout and room sizes comparable to many other homes in River Park South, which generally suits small families, couples, or individuals comfortably.

4. The assessed value is above the city average but around the neighborhood average. What does this suggest?
It suggests the property is aligned with the slightly higher valuation standards of the River Park South area compared to the city as a whole. This can indicate a stable investment in a neighborhood that maintains its market position.

5. How can I verify the exact historical sold prices?
Due to industry rules, exact MLS sold records are not displayed. You can request the full transaction history and exact figures via email from the site; they provide this verified data manually without using your contact information for marketing.

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