56.0
Fair
Property score
56.0
Fair
Overall 56.0
Smaller and older than most nearby homes
860 sqft (bottom 5%)
Built in 1981 (9 yrs older than avg)
Located in a high-income area
with median household income of ~90k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 3 schools, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 66%Chinese · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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56.0 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: #46111007
$90K
Median household income
$92K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
23%
Single-person households
27%
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 Leston Place — 5 amenities found within 500 m, across 2 categories, including 3 education (nearest 116 m), 2 parks (nearest 481 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 1% | Bottom 2% | Bottom 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Leston Place, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a practical and affordable entry point into Winnipeg's River Park South neighborhood. Its key characteristic is its modest, efficient scale. At 860 sqft, the living area is notably compact compared to most homes in the area and city, which suggests a manageable layout ideal for simplifying life. The assessed value of $338k is firmly average for its immediate street and city-wide, but sits below the neighborhood average, indicating a relative value opportunity within this specific community.
The appeal lies in its position as a well-priced, low-maintenance property in an established area. Built in 1981, it is actually the newest home on its street, a less obvious advantage that may imply newer core components compared to immediate neighbors. This property would suit first-time buyers seeking a foothold in a family-oriented neighborhood without a large upfront investment, or downsizers looking to reduce space and upkeep while maintaining community connections. The compact lot (2,533 sqft) further underscores its low-maintenance appeal. It’s a home for those who prioritize financial accessibility and practicality over square footage.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 860 sqft, it is smaller than the average Winnipeg home. This is ideal for individuals, couples, or those seeking a minimalist lifestyle, but buyers with a growing family or who need dedicated office/guest space should carefully consider their space needs.
2. Why is the assessed value below the neighborhood average?
The neighborhood average includes many larger, newer homes. This property's value is consistent with its street and similar-sized homes city-wide. Its below-neighborhood-average valuation reflects its smaller size and lot, not necessarily its condition, making it a competitively priced option in the area.
3. What does it mean that it's the newest home on the street?
With a 1981 build year ranked #1 on its street, core elements like the roof, foundation, and major systems may be relatively younger than those in neighboring homes, potentially reducing the urgency for near-term replacements.
4. How reliable is the last sold price shown?
The site shows a sold price range (CA$200k–250k) for late 2019. This is based on public data, not the MLS. For fully verified, exact historical sale figures, you must request a manual lookup from the site via email.
5. What are the trade-offs for the lower price?
The primary trade-offs are less interior space and a smaller yard compared to area norms. You gain affordability and lower maintenance in a established neighborhood, but with less room for expansion or large gatherings.
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