84.0
Excellent
Property score
84.0
Excellent
Overall 84.0
Larger but older than most nearby homes
1,755 sqft (top 20%)
Built in 1981 (9 yrs older than avg)
Located in a high-income area
with median household income of ~110k
Transit 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 1 school, 1 shop, 1 park, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
24% larger than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 74%Chinese · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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84.0 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: #46110493
$110K
Median household income
$122K
Average household income
0.2
Income inequality (Gini)
2.3
P90 / P10 ratio
13%
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 Thornewood Avenue — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 89 m), 1 shopping (nearest 439 m), 1 parks (nearest 216 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 43% | Top 35% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 2 Thornewood Avenue in Winnipeg's River Park South neighborhood presents a compelling opportunity defined by its generous space and established setting. The data reveals a property with clear strengths in specific areas, making it suited for particular buyers.
Key Characteristics & Appeal
The most standout feature is the land. With an 11,136 sqft lot, it ranks in the top 5% on its own street and top 2% within the broader neighborhood. This exceptional outdoor space is a rare find in a developed area, offering significant potential for gardening, recreation, or future expansion.
The 1,755 sqft living area is also notably above average for the street and city, providing ample interior space. Built in 1981, the home is slightly older than many in River Park South but is typical for its immediate block. Its assessed value of $456k sits above average for both the street and city, reflecting these premium features.
This property would suit buyers prioritizing lot size and interior square footage over a newer build. It’s ideal for someone seeking a established home with room to grow, whether for a family, hobbies, or simply enjoying a larger private yard. The appeal lies in acquiring a property that outperforms most peers on land area—a tangible asset that is increasingly difficult to find.
1. How does the home’s age compare to others?
While the 1981 build date is on par with its immediate street, it is older than the average home in the wider River Park South neighborhood, where many homes were built in the 1990s.
2. Is the lot size truly unusual for the area?
Yes. The lot is substantially larger than most, ranking in the elite top 2% for the neighborhood. The average lot in River Park South is roughly half the size of this property.
3. What was the home’s previous sale price?
Public records indicate it sold between $400,000 and $450,000 in September 2021. For verified, exact historical sale figures, a manual lookup can be requested.
4. How does the assessed value relate to market value?
The $456,000 assessment is above the city and street averages. Assessments are used for tax purposes and are one factor in market valuation, but current market conditions ultimately determine sale price.
5. What are the trade-offs for getting such a large lot?
The data suggests the trade-off is often an older home. To secure this lot size in this location, buyers are typically looking at properties from the early 1980s rather than newer constructions.
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