75.8
Good
Property score
75.8
Good
Overall 75.8
Compared with neighbourhood average
1,292 sqft (bottom 48%)
Built in 1986 (4 yrs older than avg)
Located in a high-income area
with median household income of ~101k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 2 schools nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
8% smaller than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 7%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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75.8 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: #46110504
$101K
Median household income
$119K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
15%
Single-person households
36%
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
2 Chancery Bay — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 459 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%
Local garbage, recycling, and yard waste pickup schedule for 2 Chancery Bay.
Garbage
friday
Recycling
friday
Yard Waste
friday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 44% | Top 20% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 2 Chancery Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 2 Chancery Bay in River Park South presents a solid, grounded opportunity in the Winnipeg market. Built in 1986, it is notably one of the newer homes on its street, offering modern construction relative to its immediate neighbors. The lot size is a clear asset, providing above-average outdoor space for the area, which is a valuable and less common feature in many suburban neighborhoods.
The appeal lies in its balance. The living space is practical and in line with city averages, situated on a generous lot in an established community. Its assessed value sits above the Winnipeg average, suggesting a perception of solid worth, yet it remains competitively positioned within its own neighborhood and street. This creates a profile of a home that is not an outlier in any category but offers a reliable combination of a newer build on a good-sized parcel. It would suit buyers looking for a move-in ready home in a mature area without the premium often attached to the newest subdivisions, or those who prioritize yard space over having the largest floor plan on the block.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,292 sqft, the living area is slightly below the average for Chancery Bay street but is very close to the averages for both the River Park South neighborhood and the city of Winnipeg as a whole. It’s a comfortably average-sized home for the area.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is $445,000. Historical data shows a home on this street sold in the $450,000-$500,000 range in August 2022. While assessments are for tax purposes and markets change, this provides a relevant benchmark. For verified, exact historical sale prices, you can request a manual lookup from the site.
3. What does the "newer build" ranking mean for this 1986 home?
While 1986 may not seem new, it ranks #1 out of 41 homes on Chancery Bay for year built. This means it is the newest or among the very newest on its street, potentially implying fewer age-related issues than some direct neighbors.
4. How does the lot size compare?
The 6,209 sqft lot is a standout feature. It is larger than the average lot on both Chancery Bay and in the wider River Park South neighborhood, offering more private outdoor space than many comparable properties.
5. Where can I see how this property compares visually to its neighbors?
The listing provides a link to a neighborhood map analysis tool. This allows you to see the property in context and compare key metrics like year built, lot size, and assessed value directly against nearby houses on a map.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
