60.4
Fair
Property score
60.4
Fair
Overall 60.4
Smaller than most nearby homes
870 sqft (bottom 8%)
Built in 1985 (5 yrs older than avg)
Located in a high-income area
with median household income of ~99k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 school, 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
Below average
38% smaller than neighborhood avg.
Year Built
Near average
5 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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60.4 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
240 John Forsyth Road — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 371 m), 1 shopping (nearest 336 m), 1 parks (nearest 464 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 240 John Forsyth Road.
Garbage
friday
Recycling
friday
Yard Waste
friday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 44% | Bottom 35% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 240 John Forsyth Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1985-built home in River Park South presents a practical and affordable entry point into a well-established Winnipeg neighborhood. With 870 square feet of living space, it is notably compact, ranking below average in size for its street, area, and city-wide. This characteristic defines its core appeal: it is a lower-maintenance, efficiently sized property with an assessed value of $375,000, which sits around the city-wide average but below the neighborhood average.
The appeal lies in its value proposition and positioning. For the price, buyers gain a foothold in a mature suburb with the benefit of a lot size typical for the street (just over 4,000 sq ft). It suits first-time buyers, downsizers, or investors seeking a manageable property without a premium for excess space. A thoughtful perspective is that its smaller footprint and average city-wide assessment could translate to relatively predictable utility costs and property taxes, offering budget stability. It’s a home for those prioritizing location and lot over square footage, ideal for someone comfortable with a cozy layout or viewing the existing structure as a long-term foundation with potential for expansion.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 870 sq ft, the home's living area is below the average for John Forsyth Road (1,174 sq ft), River Park South (1,410 sq ft), and Winnipeg overall (1,342 sq ft). It is among the more compact homes in the area.
2. Is the assessed value in line with the neighborhood?
The $375,000 assessment is around the average for the street and city-wide, but it is below the River Park South neighborhood average of approximately $447,200.
3. What is the recent sales history?
Records indicate the property sold between $300,000 and $350,000 in August 2020. Exact sale prices require a manual lookup request through the site.
4. How does the lot size compare?
The 4,004 sq ft lot is around average for John Forsyth Road but below the average lot size for both the River Park South neighborhood and the city of Winnipeg.
5. What is the home's age context?
Built in 1985, the home is around the average age for its immediate street and neighborhood, but is newer than the average Winnipeg home.
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