82.4
Excellent
Property score
82.4
Excellent
Overall 82.4
Newer than most nearby homes
1,468 sqft (top 43%)
Built in 2011 (21 yrs newer than avg)
Located in a high-income area
with median household income of ~158k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Above average
21 yrs newer than neighborhood avg.
Mother tongue
English · 62%French · 9%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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82.4 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: #46111260
$158K
Median household income
$152K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
3%
Single-person households
71%
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
26 Elsey Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 450 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 | Top 29% | Top 7% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 26 Elsey Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a solid, modern offering in the established River Park South neighborhood. Built in 2011, its key appeal lies in being a well-maintained, newer construction that sits above average for its area and the wider city in terms of assessed value and age. With 1,468 sqft of living space, it is comfortably sized for a smaller family or couple, offering a manageable footprint without feeling cramped.
The data reveals a nuanced position: while the home’s size and lot (4,368 sqft) are slightly below the immediate street average, its assessed value of $544k ranks significantly higher when compared to the broader neighborhood and city. This suggests the property is valued for its condition, modern features, and location within River Park South, rather than sheer square footage. It last sold in early 2023 for an estimated $550k-$600k, a price point that placed it in the top tier for the area.
This property would best suit buyers looking for a move-in-ready, modern home in a mature suburban neighborhood, who prioritize quality and location over having the largest house on the block. It’s a practical choice for those wanting to avoid the maintenance concerns of an older home while benefiting from a community with developed amenities and landscaping.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $544k is above the neighborhood average and significantly above the Winnipeg city average. On its own street, it ranks around the middle, indicating the street consists of generally higher-value homes.
2. Is the living space smaller than other homes in the area?
At 1,468 sqft, it is slightly below the average for Elsey Road itself but is very close to the River Park South neighborhood average. City-wide, it is actually slightly larger than the average comparable home.
3. What does the sold price history indicate?
It sold in February 2023 for an estimated $550,000 to $600,000. This sale price was in the top 7% for the River Park South area at that time, reflecting strong market recognition of its value.
4. How does the lot size affect the property?
The 4,368 sqft lot is below average for both the street and neighborhood. This means less yard maintenance but may offer less private outdoor space than some immediate neighbors. City-wide, the lot size is around average.
5. Why is the assessed value high if the house isn’t the largest?
A higher assessed value often reflects factors beyond pure size, such as the home’s modern age (2011), construction quality, interior finishes, and its specific location within a desirable neighborhood. The data confirms that for its living area, this property holds a premium valuation.
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