206 Willowbend Crescent

River Park South, Winnipeg

Property score

64.0

Fair

Overall 64.0 · Smaller than most nearby homes

991 sqft (bottom 19%) · Built in 1983 (7 yrs older than avg)

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

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 2 place of worships nearby

Living Area

Below average

30% 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

64.0 is composed by the two sections below.

Property Score

53.7Fair
Living Area991 sqft42Low
Year Built198373Good
Lot Size5,009 sqft67Good
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

below average
991 sqft
0255075100
Same streetBottom 12%Same areaBottom 19%CitywideBottom 25%
Same street · Willowbend Crescent
#74 / 84
Bottom 12% · Avg 1,300 sqft
Same area · River Park South
#2,915 / 3,617
Bottom 19% · Avg 1,410 sqft
Citywide · Winnipeg
#145,456 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
385k
0255075100
Same streetBottom 13%Same areaBottom 28%CitywideTop 42%
Same street · Willowbend Crescent
#73 / 84
Bottom 13% · Avg 411.1k
Same area · River Park South
#2,605 / 3,617
Bottom 28% · Avg 447.2k
Citywide · Winnipeg
#82,459 / 194,458
Top 42% · Avg 390.1k

Year Built

Elite
1983
0255075100
Same streetTop 4%Same areaBottom 34%CitywideTop 31%

Lot Size

around average
5,009 sqft
0255075100
Same streetTop 36%Same areaBottom 47%CitywideBottom 46%

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

206 Willowbend Crescent — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 270 m).

Search radius
🌳Parks2
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 11/2020CA$350k–400k
Sold price

Same street

Top 48%

Same area

Bottom 37%

City-wide

Top 46%

Related homes

Highlights & common questions: 206 Willowbend Crescent, Winnipeg

Property Overview

206 Willowbend Crescent is a well-situated home in Winnipeg's River Park South neighborhood. Built in 1983, it offers a practical footprint on a standard-sized lot, presenting a clear value proposition within its market.

Key Characteristics & Appeal

This home’s primary appeal lies in its position as a competitively priced entry point into a stable, established neighborhood. At 991 sqft, the living space is notably compact compared to most homes on its street and in River Park South, which suggests efficiency over expansiveness. This characteristic makes it an ideal candidate for first-time homebuyers, downsizers, or investors seeking a manageable property with lower maintenance demands.

The assessed value of $385k sits below the immediate street and neighborhood averages but aligns closely with the Winnipeg-wide average. This creates an interesting dynamic: while the house itself is smaller than its closest neighbors, it offers a more accessible price point in a desirable area. The lot size is consistent with local norms, and the 1983 build year is actually among the newest on Willowbend Crescent, indicating potentially newer core components than surrounding homes. The value here is straightforward—a chance to secure a home in a solid location without paying a premium for square footage you may not need.


Frequently Asked Questions

1. Is the smaller living area a concern?
While the home is smaller than many in the area, this translates to a lower price point and likely lower utility costs. It suits those who prioritize location and value over interior space.

2. How does the assessed value compare to recent sale prices?
The home last sold between $350k-$400k in late 2020. Its current assessed value of $385k is reasonably aligned with that sale and sits near the city-wide average, suggesting a stable valuation.

3. What does the 1983 build year mean for maintenance?
A 1983 build is relatively newer for the street, which can be positive. However, homes of this age may be due for updates to key systems like roofing, windows, or HVAC, which should be factored into planning.

4. Who would this property suit best?
It’s an excellent fit for first-time buyers entering the market, empty-nesters looking to downsize, or practical buyers who value a good neighborhood over a large floor plan.

5. How can I verify the exact historical sale price?
The provided data shows a sold price range. For precise figures and a full transaction history, you must request a manual lookup from the site, as they do not display MLS records directly.

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