23 Vadeboncoeur Drive

River Park South, Winnipeg

Property score

90.3

Excellent

Overall 90.3 · Larger and newer than most nearby homes

2,308 sqft (top 3%) · Built in 2006 (16 yrs newer than avg)

Located in a high-income area with median household income of ~147k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Above average

64% larger than neighborhood avg.

Year Built

Above average

16 yrs newer than neighborhood avg.

Mother tongue

English · 72%French · 7%

Past 10 years River Park South sales snapshot (~80% of all data)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

90.3 is composed by the two sections below.

Property Score

90.5Excellent
Living Area2,308 sqft96Excellent
Year Built200690Excellent
Lot Size5,543 sqft74Good
Neighbourhood Sales Activity76Good

Community Score

90.0Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111258

Community deep dive

$147K

Median household income

$154K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

10%

Single-person households

51%

Families with children

Population, labour & age

Population (2021)744
Labour force participation rate63%
Median age41.6
Avg household size3.1
Unemployment rate9%
Population density3234 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households10%
Couple families with children51%
Median household income (2020)$147K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority22%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,308 sqft
0255075100
Same streetTop 31%Same areaTop 3%CitywideTop 5%
Same street · Vadeboncoeur Drive
#22 / 71
Top 31% · Avg 2,117 sqft
Same area · River Park South
#96 / 3,617
Top 3% · Avg 1,410 sqft
Citywide · Winnipeg
#9,369 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
614k
0255075100
Same streetTop 39%Same areaTop 4%CitywideTop 7%
Same street · Vadeboncoeur Drive
#28 / 71
Top 39% · Avg 613.4k
Same area · River Park South
#157 / 3,617
Top 4% · Avg 447.2k
Citywide · Winnipeg
#13,634 / 194,458
Top 7% · Avg 390.1k

Year Built

above average
2006
0255075100
Same streetTop 48%Same areaTop 19%CitywideTop 14%

Lot Size

around average
5,543 sqft
0255075100
Same streetTop 45%Same areaTop 33%CitywideTop 42%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

23 Vadeboncoeur Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 491 m), 1 parks (nearest 459 m).

Search radius
🏫Education1
🌳Parks1

Crime & Safety

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%

Sales History

Sold 6/2019CA$500k–550k
Sold price

Same street

Bottom 17%

Same area

Top 11%

City-wide

Top 11%

Related homes

Highlights & common questions: 23 Vadeboncoeur Drive, Winnipeg

Property Overview

This home at 23 Vadeboncoeur Drive presents a well-established and spacious family residence in Winnipeg's River Park South neighborhood. Built in 2006, its primary appeal lies in its generous scale and solid positioning within a mature, desirable area. The 2,308 sqft living area is notably larger than most homes in both the neighborhood and the wider city, offering ample room for family life. With an assessed value of $614k, it sits comfortably within the expected range for its street while representing a premium property for the broader community. The lot size is consistent with the local area. Its last known sale was in mid-2019, and exact historical pricing is available upon request.

Key Characteristics & Appeal

The standout feature of this property is its significant living space, which ranks in the top 3% of the River Park South neighborhood and the top 5% city-wide. This makes it a substantial home by local standards. Its appeal is one of established comfort and space in a settled community, rather than a new-build or a fixer-upper. It would best suit buyers looking for a ready-to-move-into family home where the value is derived from interior volume and a proven location. A thoughtful perspective is that while the home is average for its specific street in several metrics, it represents an "elite" level of space within the larger community, suggesting you are buying into one of the larger, more established homes in the area without being an outlier on the block.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 2,308 sqft, this home is significantly larger than the average River Park South home (~1,410 sqft) and the average Winnipeg home (~1,342 sqft). On its own street, it is slightly above the average of 2,117 sqft.

2. What is the neighborhood like for families?
River Park South is a mature, established neighborhood with homes primarily from the 1980s and 1990s. This 2006-built home is newer than most in the area, offering modern construction within a community known for its stability.

3. What was the previous sale price?
The property sold in June 2019 for a price between $500,000 and $550,000. For fully verified and exact historical sale figures, you can request a manual lookup via email from the site.

4. Is the assessed value a good indicator of market price?
The assessed value of $614k is a municipal valuation for tax purposes. It is a useful benchmark, showing the home is valued in the top 4% of its neighborhood, but market price is determined by current buyer demand and conditions.

5. How does the lot size compare?
The 5,543 sqft lot is very typical for River Park South and on Vadeboncoeur Drive. It is slightly smaller than the city-wide average lot but consistent with the local area, indicating a standard suburban yard space.

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