77.7
Good
Property score
77.7
Good
Overall 77.7
Larger but older than most nearby homes
1,622 sqft (top 30%)
Built in 1980 (10 yrs older than avg)
Located in a above-average income area
with median household income of ~86k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 2 parks, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 79%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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77.7 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: #46110495
$86K
Median household income
$98K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
31%
Single-person households
22%
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
23 Blackwater Bay — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 178 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 23 Blackwater Bay.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Bottom 47% | Top 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Blackwater Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This home at 23 Blackwater Bay stands out on its street for its generous size and established value. With 1,622 sqft of living space, it is significantly larger than the average home on Blackwater Bay, ranking in the top 5% on the street. Its assessed value of $458k is also the highest among its 41 direct neighbors, indicating it is viewed as a premium property on the block. The lot size of over 5,500 sqft is above the street average, offering good outdoor space.
The appeal lies in its position as a well-above-average home within a specific, established community. Built in 1980, it is a mature property in a neighborhood where many homes are newer, which may appeal to buyers seeking character, tree-lined streets, and a settled feel over a brand-new build. It suits buyers looking for a spacious home in a quiet South Winnipeg suburb, who value a strong footprint and lot size relative to immediate neighbors, and who are comfortable with a home that may require updates reflective of its era.
A thoughtful perspective is that this property represents a "street leader" rather than just a neighborhood home. Its metrics suggest it's one of the best examples on its block, which can provide a sense of pride and stability. However, its older build date compared to the wider area means a buyer's investment may lean more toward personalization and maintenance rather than paying for recent renovations.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it excels specifically on its own street. It has the highest assessed value and is much larger than the street average. In the broader River Park South area and citywide, it remains above average in size and value, though it is an older home compared to many in the immediate neighborhood.
2. What was the last sold price?
The property last sold between October 2017 for a price between $350,000 and $400,000. Exact sale figures are not publicly displayed here due to data source rules, but can be requested directly from the site via email.
3. What does the assessed value tell me?
The $458,000 assessment is for municipal tax purposes and indicates the city's valuation. That it ranks #1 on the street suggests it is consistently viewed as a high-caliber property on the block, which can be a positive indicator for resale.
4. Is the 1980 build date a concern?
It is around the average age for the street but older than many homes in River Park South. This is typical for the original core of an established neighborhood. It implies well-grown landscaping and a mature streetscape, but buyers should budget for updates to systems, windows, or interiors that are over 40 years old.
5. How usable is the lot?
At 5,537 sqft, the lot is larger than most on Blackwater Bay, offering good potential for gardening, play, or outdoor living. It is slightly below the citywide average for comparable homes, but is a strong size for the area.
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