87.5
Excellent
Property score
87.5
Excellent
Overall 87.5
Larger and newer than most nearby homes
1,866 sqft (top 15%)
Built in 2008 (18 yrs newer than avg)
Located in a high-income area
with median household income of ~131k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
32% larger than neighborhood avg.
Year Built
Above average
18 yrs newer than neighborhood avg.
Mother tongue
English · 67%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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87.5 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: #46110501
$131K
Median household income
$142K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
2.9
P90 / P10 ratio
11%
Single-person households
49%
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
22 Michaud Crescent — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 488 m), 2 parks (nearest 293 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 33% | Top 31% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 22 Michaud Crescent in Winnipeg's River Park South neighborhood presents a solid, above-average offering in a well-established area. Built in 2008, its key appeal lies in its modern construction relative to many Winnipeg homes, combined with spacious living areas that rank in the top 15% for both the neighborhood and the wider city. The assessed value of $547k reflects its standing as a premium property within its immediate area, yet it remains in line with the street's average. The lot size is typical for the locale, offering standard outdoor space without being oversized.
The property would suit buyers looking for a move-in ready, modern home without venturing into brand-new subdivisions. It's ideal for growing families seeking the community feel of River Park South, with amenities and schools nearby, or for professionals wanting a comfortable, spacious home that holds strong value relative to the broader city market. Its appeal is one of reliable quality and sensible investment rather than flashy luxury.
1. How does this home's size compare to others nearby?
At 1,866 sqft, the living area is significantly larger than the neighborhood average (1,410 sqft) and the Winnipeg city average. On its own street, it ranks just above the typical home, offering more space than most in the wider area.
2. Is the asking price likely to be close to the assessed value?
The assessed value is $547k, which is very close to the street's average. While sale prices are determined by the market, this suggests the home is valued consistently with its immediate peers and is not an outlier.
3. What does the sale history indicate?
Records show it last sold between $400k-$450k in December 2019. This indicates substantial equity growth over five years, reflecting strong market appreciation for well-maintained homes in this area.
4. Are the homes on this street similar?
Yes. The street is notably uniform, with many homes built around 2008. This creates a cohesive streetscape and suggests predictable maintenance timelines for major components like roofs and windows.
5. How does the lot size affect future potential?
The lot of 5,370 sqft is standard for the area. It provides adequate backyard space for family use but may limit extensive expansions or additions compared to properties on larger, older lots elsewhere in the city.
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