85.7
Excellent
Property score
85.7
Excellent
Overall 85.7
Larger and newer than most nearby homes
1,774 sqft (top 20%)
Built in 2007 (17 yrs newer than avg)
Located in a high-income area
with median household income of ~131k
Transit 88.0
2-min walk to transit with 3 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
26% larger than neighborhood avg.
Year Built
Above average
17 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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85.7 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: #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
23 Higham Bay — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 463 m), 2 parks (nearest 305 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 36% | Top 24% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Higham Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 23 Higham Bay presents a well-maintained, modern property built in 2007. With 1,774 sqft of living space, it offers above-average roominess for both the River Park South neighborhood and Winnipeg overall, providing more interior space than roughly 80% of similar local homes. Its assessed value of $530k aligns closely with the average on its own street but sits notably above the averages for the wider area and city, indicating a desirable location within a stable, established pocket of the community.
The appeal lies in its balance of a newer build with proven neighborhood stability. Being one of the newest homes on the street (ranked #1 out of 34 for year built) suggests potentially fewer major maintenance concerns compared to older stock, while the mature surroundings offer settled greenery and an established community feel. The lot is smaller than others on Higham Bay, which translates to less yard maintenance—a perk for some—while still providing a standard outdoor space for the area.
This property would suit buyers looking for a move-in-ready home in a family-friendly suburb who value space and modern construction over a sprawling yard. It’s a strong fit for professionals or growing families seeking a comfortable home in a community with above-average investment in the neighborhood, as reflected in the higher-than-city-average assessed values.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home last sold between $450k-$500k in December 2020. Its current assessed value of $530k is above both the neighborhood and city averages, suggesting appreciation and a premium for its newer construction and location within River Park South.
2. Is the lot size a drawback?
The land area is smaller than most on its specific street but is average for the broader River Park South area. This means less private outdoor space than some direct neighbors, but also less upkeep. It’s a trade-off that prioritizes interior living space and ease of maintenance.
3. What does the "newer build" ranking actually mean for me?
Built in 2007, this home is among the most modern on its street. In practical terms, this often means building materials, major systems (like HVAC), and design elements are more contemporary, potentially leading to lower immediate repair costs and better energy efficiency than older homes in Winnipeg.
4. How stable is the value in this area?
The assessed value ranks in the top 19% for the neighborhood and top 15% city-wide, indicating a consistently valued area above Winnipeg norms. The close clustering of values on Higham Bay itself suggests a stable, non-volatile street with little variation in perceived market worth.
5. Where can I get verified sale price history?
The provided sold price is an estimate from public data. For fully verified transaction history and exact figures, you must request a manual lookup from the site via email, as MLS records are not displayed here due to industry regulations.
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