24 Rillwillow Place

River Park South, Winnipeg

Property score

68.2

Good

Overall 68.2 · Smaller and older than most nearby homes

1,080 sqft (bottom 28%) · Built in 1978 (12 yrs older than avg)

Located in a high-income area with median household income of ~90k

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

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Below average

12 yrs older than neighborhood avg.

Mother tongue

English · 66%Chinese · 5%

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

68.2 is composed by the two sections below.

Property Score

62.1Fair
Living Area1,080 sqft52Fair
Year Built197867Good
Lot Size7,771 sqft91Excellent
Neighbourhood Sales Activity76Good

Community Score

77.4Good
Household Income81Excellent
Education Level63Fair
Housing Stress83Excellent
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: #46111007

Community deep dive

$90K

Median household income

$92K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

23%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)743
Labour force participation rate61%
Median age47.6
Avg household size2.5
Unemployment rate8%
Population density1769 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households23%
Couple families with children27%
Median household income (2020)$90K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority15%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 4%

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

Rankings

Living Area

above average
1,080 sqft
0255075100
Same streetTop 7%Same areaBottom 28%CitywideBottom 37%
Same street · Rillwillow Place
#3 / 41
Top 7% · Avg 908 sqft
Same area · River Park South
#2,605 / 3,617
Bottom 28% · Avg 1,410 sqft
Citywide · Winnipeg
#121,563 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
358k
0255075100
Same streetTop 7%Same areaBottom 14%CitywideBottom 49%
Same street · Rillwillow Place
#3 / 41
Top 7% · Avg 312.7k
Same area · River Park South
#3,126 / 3,617
Bottom 14% · Avg 447.2k
Citywide · Winnipeg
#99,164 / 194,458
Bottom 49% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 7%Same areaBottom 5%CitywideTop 35%

Lot Size

Elite
7,771 sqft
0255075100
Same streetTop 5%Same areaTop 9%CitywideTop 12%

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

24 Rillwillow Place — 4 amenities found within 500 m, across 2 categories, including 3 education (nearest 219 m), 1 parks (nearest 334 m).

Search radius
🏫Education3
🌳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 10/2017CA$250k–300k
Sold price

Same street

Bottom 40%

Same area

Bottom 4%

City-wide

Bottom 28%

Related homes

Highlights & common questions: 24 Rillwillow Place, Winnipeg

Property Summary: 24 Rillwillow Place, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This 1978-built home in River Park South presents a compelling case based on its standout lot size and efficient footprint. Its primary appeal lies in the generous 7,771 sqft land area, which ranks in the top 5% on its own street and top 12% city-wide, offering significant outdoor space rarely found in newer subdivisions. With 1,080 sqft of living area, the home is larger than most on its street but more modest compared to the broader neighborhood average, suggesting a manageable, low-maintenance interior.

The assessed value of $358k is above average for the immediate street but notably below the River Park South neighborhood average, indicating a potentially more accessible entry point into the area. This combination positions the property uniquely: it offers a substantial yard typically desired by families or gardening enthusiasts, coupled with a home that avoids the premium price tag of larger modern floor plans. It would suit first-time buyers seeking space to grow, downsizers who want a manageable home without sacrificing yard size, or value-focused buyers looking for a land-rich property in a well-established community.

A less obvious perspective is its consistency. The home was built in the same year as the street average, suggesting a mature streetscape with settled infrastructure and landscaping. Its city-wide rankings are consistently around average or better, indicating a balanced offering without extreme outliers in size or value, which can appeal to buyers seeking a stable, long-term investment.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others nearby?
At 1,080 sqft, the living area is above the average for Rillwillow Place itself. However, it is below the broader River Park South neighborhood average, meaning the interior is more compact than many surrounding homes, but the property compensates with an exceptionally large lot.

2. Is the assessed value in line with the area?
The $358k assessment is above the average for its immediate street but sits below the neighborhood average of $447.2k. This suggests the property is valued for its land and location within River Park South, while the home itself may be assessed considering its older age and smaller interior size relative to the area.

3. What is the significance of the lot size?
The 7,771 sqft lot is a key feature. It is more than double the average lot size on Rillwillow Place and significantly larger than typical lots in both the neighborhood and city-wide. This allows for ample private outdoor space, potential for additions, gardening, or recreational use.

4. When was it last sold, and for how much?
Public records indicate a sale between October 2017, with a sold price in the range of CA$250,000–$300,000. For fully verified and exact historical sale figures, a manual lookup through the site is required.

5. What are the possible trade-offs with this property?
The main consideration is the balance between interior and exterior space. You are acquiring a lot size that ranks among the elite locally, but the home's living area is more modest and typical of its 1978 build era. Buyers should weigh the value of a large yard against potentially needing to update or renovate the interior to meet modern expectations.

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