60.0
Fair
Property score
60.0
Fair
Overall 60.0
Smaller and older than most nearby homes
987 sqft (bottom 18%)
Built in 1979 (11 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 1 school, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 61%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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60.0 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: #46110492
$83K
Median household income
$84K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
34%
Single-person households
19%
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 John Forsyth Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 163 m), 2 parks (nearest 219 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 33% | Bottom 16% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 26 John Forsyth Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a practical entry point into Winnipeg's established River Park South neighborhood. Its key characteristic is value: with an assessed value of $306k, it sits notably below the average for both its street and area. The 987 sqft living area is compact, and the 2,664 sqft lot is smaller than most in the vicinity, contributing to its accessible price point.
The appeal lies in its potential as a cost-effective foothold in a mature community. For the right buyer, the below-average metrics translate to lower property taxes and a more manageable maintenance footprint compared to larger homes nearby. It suits first-time buyers seeking affordability without leaving the city, or investors looking for a rental property with a relatively lower entry cost. A thoughtful perspective is that a smaller, well-maintained home on a modest lot can offer a simpler, more efficient lifestyle without the upkeep demands of larger properties, which can be a hidden benefit.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value ($306k) is a key municipal benchmark for calculating taxes, market conditions ultimately determine sale price. The home last sold between $300k-$350k in early 2023, which provides a recent market reference point.
2. How does the smaller lot size impact the property?
The lot is smaller than most in River Park South, which may limit expansive outdoor additions like a large deck or pool. However, it also means less yard work and lower landscaping costs, which some owners may prefer.
3. The home was built in 1979, older than many on the street. Should I be concerned?
An older build date suggests important systems (roof, furnace, windows) may be at or beyond their typical lifespan. A thorough inspection is crucial, but a well-maintained older home can be solid. Its age also places it closer to the city-wide average, indicating it's a typical Winnipeg home in that regard.
4. The living area is below average. How does that affect livability?
At 987 sqft, the layout will be efficient. It will suit individuals, couples, or small families who prioritize function over space. Creative storage solutions and multi-use rooms would be beneficial.
5. How can I verify the exact historical sale prices?
The public data shown is an estimated range. To obtain fully verified and exact sale figures from official sources, you must request a manual lookup from the site via email, as they do not display MLS sold records directly.
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