64.0
Fair
Property score
64.0
Fair
Overall 64.0
Smaller than most nearby homes
968 sqft (bottom 16%)
Built in 1985 (5 yrs older than avg)
Located in a high-income area
with median household income of ~99k
Transit 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 2 schools, 1 shop, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 69%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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64.0 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: #46110505
$99K
Median household income
$95K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
22%
Single-person households
30%
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
224 John Forsyth Road — 4 amenities found within 500 m, across 3 categories, including 2 education (nearest 415 m), 1 shopping (nearest 346 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%
Local garbage, recycling, and yard waste pickup schedule for 224 John Forsyth Road.
Garbage
friday
Recycling
friday
Yard Waste
friday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 30% | Bottom 48% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
224 John Forsyth Road is a well-established, single-family home in Winnipeg's River Park South neighborhood. Built in 1985, it presents a practical opportunity in a mature community. The home’s assessed value is in line with area averages, but its living space is more compact than many nearby properties, suggesting a focus on efficient use of space over sheer size.
Key Characteristics & Appeal
This home’s primary appeal lies in its position as a financially accessible entry point into a stable, family-oriented neighborhood. With an assessed value that sits squarely in the average range for both the street and the wider city, it represents a grounded, mid-market option. The lot size is typical for the immediate street but is smaller than many in the broader River Park South area, which may translate to less yard maintenance—a potential plus for some buyers.
The home is best suited for first-time homebuyers, downsizers, or investors seeking a straightforward residential property. Its below-average square footage (968 sqft) indicates a cozier layout, ideal for those who prioritize a simpler footprint and lower utility costs. A thoughtful perspective is that its very "averageness" in key metrics like value and age could be a strength, offering a lower-risk purchase that's unlikely to be overvalued relative to its surroundings. It’s a property for someone seeking community and practicality rather than luxury or expansive space.
1. Is this a good value for the neighborhood?
The assessed value is very consistent with the immediate street average and slightly below the neighborhood average. This suggests the price is fair and competitive for River Park South, neither a standout bargain nor overpriced.
2. How does the home's size compare to others?
The living area is below average for the street, neighborhood, and city. This means you are likely getting a more compact home, which could be efficient for smaller households but may feel cramped for those needing more room.
3. What does the sold price range indicate?
The property sold between $350k-$400k in mid-2024. This placed it in the top 30% of sales on its street at that time, indicating strong demand for homes in this specific location and price bracket.
4. Is the lot size a concern?
The lot is average for John Forsyth Road but below average for River Park South. This means while it's typical on its block, larger yards are common elsewhere in the neighborhood. It's a trade-off between less maintenance and less private outdoor space.
5. How can I get the exact sale price?
The site does not display MLS data. You must request the exact sale price and full transaction history via email, which the provider will send manually. This is due to industry rules governing the display of sold data.
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