80.0
Excellent
Property score
80.0
Excellent
Overall 80.0
Larger than most nearby homes
1,768 sqft (top 20%)
Built in 1985 (5 yrs older than avg)
Located in a high-income area
with median household income of ~94k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
25% larger than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 9%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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80.0 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: #46110500
$94K
Median household income
$104K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
25%
Single-person households
29%
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 Malmsbury Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 266 m), 1 education (nearest 263 m), 1 parks (nearest 358 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%
23 Malmsbury Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 23 Malmsbury Avenue in Winnipeg's River Park South neighborhood presents a compelling mix of space, value, and established character. Built in 1985, it stands out for its generous living area relative to its peers.
Key Characteristics & Appeal
The primary appeal of this property lies in its above-average interior space. With 1,768 sqft of living area, it ranks in the top 6% on its own street and outperforms the average home in both the neighborhood and city-wide. This makes it an excellent choice for buyers seeking more room without a premium price tag, as the assessed value of $445k remains competitive, ranking above average for the street and city.
Its year of construction (1985) is the newest on the street, suggesting potentially fewer age-related issues than immediate neighbors. A less obvious point to consider is the lot size: at 4,736 sqft, it is slightly below the street average. This could mean a more manageable yard with less maintenance, which may appeal to busy professionals or those looking to minimize outdoor work.
This home would suit first-time buyers or growing families who prioritize indoor living space over a large yard. It’s also a strong candidate for value-conscious buyers looking for a well-sized home in an established area, where the investment in interior square footage is clear.
1. How does this home’s size truly compare to others?
It offers significantly more living space than most comparable homes, ranking in the top 20% in River Park South and top 18% city-wide. On its specific street, it’s in the top 6% for size.
2. Is the assessed value a good indicator of its market price?
The assessed value of $445k is above the street average, but below the neighborhood average. It serves as a useful benchmark, but market conditions, the home’s interior condition, and recent upgrades will ultimately determine the sale price.
3. What does the "newest on the street" construction year mean for me?
Built in 1985, it is the newest home among its direct street comparables. This can be a positive, suggesting systems and structure may be slightly younger, but a professional inspection is still essential for a home of this age.
4. The lot size is noted as below the street average. Is this a major drawback?
The lot is smaller than most on Malmsbury Avenue but is close to the neighborhood average. This typically means a smaller backyard, which translates to less maintenance—a potential benefit for some buyers.
5. How can I get verified sale history and exact past prices for this property?
The public data presented does not include MLS records. For a full transaction history and exact figures, you must request a manual lookup via email from the site provider, who will respond with the most accurate information available.
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