89.2
Excellent
Property score
89.2
Excellent
Overall 89.2
Larger than most nearby homes
1,880 sqft (top 15%)
Built in 1988 (2 yrs older than avg)
Located in a high-income area
with median household income of ~141k
Transit 54.0
9-min walk to transit with 2 nearby routes
Within 500m: 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
33% larger than neighborhood avg.
Year Built
Near average
2 yrs older 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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89.2 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
22 Vielliers Place — 1 amenities found within 500 m, across 1 categories.
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 19% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 22 Vielliers Place, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,880 sqft home, built in 1988, presents a compelling opportunity defined by its exceptional lot size and strong standing in its market. Its primary appeal lies in the substantial 15,547 sqft land area, which ranks in the top 1% of the River Park South neighborhood and the top 2% city-wide. This offers rare potential for expansion, gardening, or outdoor living within a mature suburban setting. The home itself is consistently above average in size and assessed value ($590k) at every comparison level—street, neighborhood, and city—indicating a well-regarded property in a desirable area.
The home would best suit buyers who prioritize land and space over a brand-new build. It’s ideal for those seeking a established property with room to grow, whether for a future addition, a large private yard, or simply the value of owning one of the largest lots in the area. It also appeals to value-conscious buyers looking for a home with metrics that consistently outperform averages, suggesting a sound investment in a stable community. A less obvious perspective is that its "above average" but not "elite" ranking for living area, paired with an "elite" lot size, hints at untapped potential—the value may lie as much in what could be done with the property as in the existing footprint.
Frequently Asked Questions
1. How does the sold price from 2020 relate to the current assessed value?
The home sold for an estimated $450k-$500k in late 2020. The current assessed value of $590k reflects market changes and municipal assessment since that sale, indicating significant appreciation.
2. Is the lot size unusual for this area?
Yes. The lot is over three times the neighborhood average and is among the very largest in River Park South, offering a level of privacy and space that is now rare for homes of this vintage.
3. What does it mean that the year built is "above average" city-wide?
While the home is from 1988, Winnipeg has many older homes. Being newer than 76% of comparable city properties is a positive, suggesting potentially fewer issues with aging infrastructure than in much of the city's housing stock.
4. Are the sold prices shown here the official MLS records?
No. The sold price data is compiled from public sources, not the MLS. For verified, exact transaction history, you must request a manual lookup from the site via email.
5. The home ranks #1 on its street for value, land, and year built. What does this imply?
This suggests it is likely the premier property on Vielliers Place, often setting the benchmark for the immediate block. It implies a strong street presence and may contribute to holding its value well relative to its direct neighbors.
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