Property score
90.4
Excellent
Overall 90.4 · Larger and newer than most nearby homes
2,093 sqft (top 8%) · Built in 2000 (10 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby
Living Area
Above average
48% larger than neighborhood avg.
Year Built
Above average
10 yrs newer than neighborhood avg.
Mother tongue
English · 61%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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90.4 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: #46111261
$141K
Median household income
$159K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
9%
Single-person households
54%
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 Tilstone Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 356 m), 1 parks (nearest 340 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 7% | Top 31% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 2 Tilstone Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 2 Tilstone Bay presents a compelling mix of space, established location, and relative value within its desirable River Park South neighborhood. Its key appeal lies in offering above-average living space (2,093 sq. ft.) on a generously sized lot (6,753 sq. ft.) that ranks among the largest on its street. While the assessed value of $549k is around the average for Tilstone Bay itself, it positions the property as an above-average value for the wider neighborhood and city, suggesting you get more house and land for your dollar here than in many comparable areas.
Built in 2000, the home is newer than most in Winnipeg but is one of the older homes on its particular street, which is lined with newer construction. This offers a balanced perspective: the property avoids the potential maintenance issues of much older homes while being situated in a mature, established pocket with grown landscaping.
This property would best suit buyers who prioritize indoor and outdoor space over having the newest build on the block. It’s ideal for a family seeking a sizable yard in a sought-after community, or for a value-conscious buyer looking for a home with a strong footprint in a neighborhood where newer builds command a premium. It represents a "move-in ready, grow-into-it" opportunity rather than a new construction or full renovation project.
Section 2: Frequently Asked Questions
1. How does the 2000 build year compare to nearby homes?
While the home is newer than the average Winnipeg house, it is below the average build year (2010) for its own street. This means the immediate area features newer homes, but 2 Tilstone Bay itself benefits from being past its initial settling period with established gardens and trees.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $549k is a municipal tax valuation, not a market price. Notably, it sits below the street's average assessed value, which could indicate potential value relative to its neighbors. However, market conditions, the home's interior condition, and recent upgrades will ultimately determine the sale price.
3. The home sold in 2020. What can that sale tell us?
The previous sale in September 2020 fell within the CA$400k–450k range. This historical data provides a benchmark, but the significant appreciation in property values since that time means the current market value will be substantially higher.
4. How does the lot size compare?
The lot is a significant feature, ranking 3rd largest out of 33 on Tilstone Bay. At over 6,700 sq. ft., it provides ample outdoor space, which is a premium and less common feature in newer subdivisions.
5. Where can I find verified past sale prices or a full transaction history?
The public data provided is gathered from non-MLS sources. Due to industry regulations, a full and verified transaction history from the MLS is not displayed online here. You can request this information directly via the site's email lookup service to receive exact figures.
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