Property score
59.8
Fair
Overall 59.8 · Smaller and older than most nearby homes
900 sqft (bottom 10%) · Built in 1978 (12 yrs older than avg)
Located in a high-income area with median household income of ~90k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 1 healthcare facility, 2 parks, and 2 fuel stations nearby
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Below average
12 yrs older than neighborhood avg.
Mother tongue
English · 66%Chinese · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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59.8 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: #46111007
$90K
Median household income
$92K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
23%
Single-person households
27%
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 Rillwood Place — 8 amenities found within 500 m, across 4 categories, including 3 education (nearest 424 m), 1 healthcare (nearest 454 m), 2 parks (nearest 388 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 12% | Bottom 3% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 2 Rillwood Place, Winnipeg
Section 1: Key Characteristics & Appeal
This 900 sqft bungalow, built in 1978, presents a straightforward and affordable entry point into Winnipeg’s River Park South neighborhood. Its key appeal lies in its relative value and stability. With an assessed value of $310k, it sits comfortably around the average for its own street and the wider city, yet it is notably below the neighborhood average, suggesting a more accessible price point within this area.
The home suits first-time buyers, downsizers, or practical investors seeking a manageable footprint without a premium price. Its lot size (3,350 sqft) is typical for the street but smaller than newer suburban norms, offering lower maintenance. A thoughtful perspective is that this property represents the established character of its immediate block—homes here are of a similar vintage and scale, offering neighborhood consistency rather than standing out. Its last known sale price (2021, between $250k-$300k) indicates a history of being a value-driven option.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 900 sqft, the living area is typical for Rillwood Place but is below the average for both the River Park South neighborhood and the city overall. It’s a compact, efficient layout.
2. Is the assessed value a good indicator of its market price?
The assessed value ($310k) is a municipal benchmark for taxation. It’s around the citywide average but below the River Park South average, which may indicate a value opportunity within the neighborhood, though market conditions ultimately determine sale price.
3. What does the lot size mean for outdoor space?
The 3,350 sqft lot is slightly below the street average. It provides a decent yard for a small garden or patio but is not as expansive as lots in newer subdivisions, aligning with lower upkeep.
4. Can I find out the exact past sale price?
The provided data shows a sale in late 2021 for between $250,000 and $300,000. For fully verified and exact historical figures, you must request a manual lookup from the site via email, as they do not display MLS records.
5. Who might this property not suit?
Buyers seeking a large, modern home with ample square footage or a very large yard may find it limiting. It’s better suited for those prioritizing location within River Park South and a manageable, cost-effective property over sheer size.
