87.0
Excellent
Property score
87.0
Excellent
Overall 87.0
Larger than most nearby homes
2,430 sqft (top 2%)
Built in 1986 (4 yrs older than avg)
Located in a high-income area
with median household income of ~99k
Transit 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 2 schools, 1 shop, 1 park, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
72% larger than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 69%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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87.0 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: #46110505
$99K
Median household income
$95K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
22%
Single-person households
30%
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 Tiverton Bay — 5 amenities found within 500 m, across 4 categories, including 2 education (nearest 190 m), 1 shopping (nearest 360 m), 1 parks (nearest 283 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 Tiverton Bay.
Garbage
friday
Recycling
friday
Yard Waste
friday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 25% | Top 20% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Tiverton Bay, River Park South, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1986-built home in River Park South stands out for its substantial size and established presence. Its primary appeal is space: with 2,430 sqft of living area, it ranks in the top 3% on its street and within the top 3% city-wide for comparable homes, offering significantly more room than local and city averages. The property sits on a large 6,656 sqft lot, providing ample outdoor space in a neighborhood where lots are typically smaller. With an assessed value of $554k, it is the highest-valued home on Tiverton Bay, indicating a premium property within its immediate context.
The appeal lies in acquiring a home that is a clear "best-in-class" on its block, offering room to grow and a sense of permanence in a mature, well-regarded neighborhood. It suits buyers who prioritize interior space and a larger yard over a brand-new build, and who understand the value of an established, high-ranking property within its micro-market. It’s an ideal fit for growing families seeking room to spread out, or for those looking to trade up within the same area to a home that offers both prestige and practical space without moving to a new community.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $554k is for municipal tax purposes and is often a conservative benchmark. Given it's the highest assessment on the street and the home last sold for an estimated $450k-$500k in mid-2020, current market conditions and the home's standout size would likely command a price at or above its assessed value.
2. Is a 1986-built home a concern for maintenance?
While the build year is above average for the street, homes from this era are typically past the initial major component failures but are now entering the phase where original roofing, windows, and major systems may need planned replacement or upgrading. A thorough inspection is key.
3. What does its top ranking for living area actually mean?
It means that compared to similar types of homes, this property has more interior space than 97% of homes on its street, 98% in River Park South, and 97% across Winnipeg. You are buying into the top tier of available space.
4. The lot is large for the area, but how does it compare city-wide?
The lot is above average for the neighborhood (top 16%), but interestingly, it is slightly larger than the city-wide average for comparable homes. This means you get a relative "double advantage": a lot that feels spacious locally and still holds its own in a broader comparison.
5. How can I verify the exact past sale price?
The site provides an estimated sold price range. Due to industry data restrictions, exact MLS sale figures are not displayed publicly here. You can request the exact historical sold price by emailing the site directly for a manual lookup.
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