60.5
Fair
Property score
60.5
Fair
Overall 60.5
Smaller and older than most nearby homes
960 sqft (bottom 15%)
Built in 1979 (11 yrs older than avg)
Located in a above-average income area
with median household income of ~86k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 1 school, 3 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Below average
11 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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60.5 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 Strand Circle — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 291 m), 3 parks (nearest 202 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 | Top 40% | Bottom 41% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Strand Circle, Winnipeg
Key Characteristics & Appeal
This 960 sqft bungalow in River Park South is a practical, entry-level home built in 1979. Its primary appeal lies in its solid value positioning. With an assessed value of $373k, it sits close to the average for its street and the wider city, suggesting a fairly priced entry point into a stable neighborhood. The home is notably compact, with a living area below neighborhood averages, which points to a more efficient, lower-maintenance footprint.
The property would best suit first-time buyers, downsizers, or investors seeking an affordable and manageable holding in Winnipeg. Its value is straightforward: you are purchasing a standard lot on a settled street in a mature community, not premium square footage or a recently built home. A thoughtful perspective is that its "below average" size and lot relative to the neighborhood could be an advantage for those prioritizing lower utility costs, property taxes, and upkeep time over space. It represents the practical core of the market.
Frequently Asked Questions
1. Is this home priced fairly compared to others on the street?
The data suggests it is competitively positioned. Its assessed value ranks 27th out of 46 on Strand Circle, placing it squarely around the street's average. The last sold price (2021) also fell within a range that was typical for the area at the time.
2. How does the size of this home compare to the area?
At 960 sqft, the living area is below the average for both River Park South (1,410 sqft) and the street itself (1,097 sqft). This indicates a more compact home, which is common for its era but may mean less space than some newer builds in the neighborhood.
3. What does the year built (1979) mean for a buyer?
Built in 1979, the home is of average age for its street but older than many in the broader River Park South area. Buyers should anticipate maintenance and updates consistent with a home from this period, while also benefiting from the established character of a mature street.
4. How can I verify the exact past sold price?
The site provides sold price ranges for general reference. Due to industry rules, exact MLS sold figures are not displayed publicly. You can request the exact transaction history via email through the site's manual lookup service.
5. Is the lot size a constraint?
The lot is approximately 3,901 sqft, which is near the average for Strand Circle but smaller than many lots in Winnipeg. It provides standard outdoor space for a home of this type but may not accommodate large additions or extensive landscaping projects.
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