90.6
Excellent
Property score
90.6
Excellent
Overall 90.6
Larger and newer than most nearby homes
2,494 sqft (top 1%)
Built in 2009 (19 yrs newer than avg)
Located in a high-income area
with median household income of ~131k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
77% larger than neighborhood avg.
Year Built
Above average
19 yrs newer than neighborhood avg.
Mother tongue
English · 67%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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90.6 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: #46110501
$131K
Median household income
$142K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
2.9
P90 / P10 ratio
11%
Single-person households
49%
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
24 Farnsworth Crescent — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 474 m), 1 parks (nearest 263 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 37% | Top 17% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 24 Farnsworth Crescent in Winnipeg's River Park South neighborhood presents a compelling blend of space, modern construction, and value within its broader context. Its appeal is rooted in its substantial size relative to most homes in the city and area, paired with a build year that suggests modern systems and less immediate maintenance.
Key Characteristics & Ideal Buyer
The standout feature is the generous 2,494 sqft of living area, which places it in the top 1% of homes in River Park South and the top 3% city-wide. This makes it a true space-above-average offering for the neighborhood. Built in 2009, it is newer than roughly 88% of Winnipeg homes, offering contemporary amenities without the quirks of much older properties.
Its appeal lies in this combination: you get a significantly larger, newer home in a well-established suburban area without an assessed value that is proportionally extreme. While its assessed value of $661k is elite for the neighborhood (top 2%), it is actually around the average for its own street. This suggests you are paying for the house and its space more than a premium lot location.
This property would best suit a growing or multi-generational family seeking ample indoor space in a mature neighborhood. It's also a strong match for buyers who prioritize modern construction and efficient layouts over a very large yard, as the lot size is closer to the neighborhood average.
1. How does the assessed value compare to the likely selling price?
The assessed value of $661k is for municipal tax purposes and is a historical benchmark. The last known sale was between $450k-$500k in 2017. The current market value will be influenced by recent market conditions, the home's state, and buyer demand.
2. Is the lot size a disadvantage?
At 5,630 sqft, the lot is slightly above the neighborhood average but smaller than the average lot on Farnsworth Crescent itself. This means generous indoor space but a relatively standard suburban yard. It's ideal for those who prefer lower outdoor maintenance.
3. What does the "elite" neighborhood ranking for size and value actually mean?
It means that compared to other homes in River Park South, this house is significantly larger (top 1%) and has a higher assessed value (top 2%). This indicates it's one of the larger, more valuable properties in the area, which can be positive for equity but may also mean higher property taxes.
4. How can I find out the exact past sale prices?
The site provides sold price ranges for context. Due to industry rules, exact MLS sale figures are not published here. You can request the exact historical sold prices for this property via email from the site provider for a manual lookup.
5. The home is newer than most in Winnipeg, but what about its specific street?
Built in 2009, it is actually right at the average build year for Farnsworth Crescent, which is a relatively new street overall. This indicates the entire street has a consistent, modern character rather than this home being an outlier.
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