72.7
Good
Property score
72.7
Good
Overall 72.7
Compared with neighbourhood average
1,268 sqft (bottom 47%)
Built in 1985 (5 yrs older than avg)
Located in a high-income area
with median household income of ~101k
Transit 88.0
1-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
Near average
10% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 7%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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72.7 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: #46110504
$101K
Median household income
$119K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
15%
Single-person households
36%
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
241 John Forsyth Road — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 378 m), 1 shopping (nearest 394 m), 1 parks (nearest 480 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 241 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 | Bottom 14% | Bottom 7% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 241 John Forsyth Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1985-built home in River Park South presents a solid, middle-of-the-road offering with practical appeal. Its key characteristic is balance: at 1,268 sqft, the living space is notably above average for its street, yet remains manageable. The assessed value of $365k sits comfortably below the neighborhood average, suggesting a potentially more accessible entry point into the area. The lot size of 4,364 sqft is generous for the street but smaller than typical for the wider neighborhood, indicating a low-maintenance yard.
The appeal lies in its position as a stable, established property in a mature community. It suits first-time buyers or downsizers looking for a home that doesn’t require extensive updating, and value-conscious buyers who prioritize more interior space over a large yard. A thoughtful perspective is that its "average" metrics across the city might translate to predictable long-term value without the volatility of more unique properties. It’s a home for those seeking practicality and community over standout features.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $250k-$300k in late 2016. Current assessed value is below the street's average, but for exact, verified recent sale prices of comparable homes, a manual lookup is required through the site.
2. Is the living space larger or smaller than most homes nearby?
At 1,268 sqft, the home is larger than most on John Forsyth Road (ranking in the top 24%), but is close to the citywide average. It offers more interior space than many immediate neighbors.
3. What does the assessed value ranking indicate?
With an assessed value ranking in the top 70% on its street but the top 83% (i.e., below average) in River Park South, it suggests the home may offer relative value within a neighborhood where many homes are valued higher.
4. Is the lot size typical for the area?
The lot is above average for the street but below the average for the broader River Park South neighborhood. This often means a decent private outdoor space that requires less upkeep than larger lots nearby.
5. How can I get precise historical sale data for this property?
Due to industry rules, exact sale prices are not published automatically. You can request the full transaction history via email from the site, and they will provide the verified figures manually.
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