68.7
Good
Property score
68.7
Good
Overall 68.7
Older than most nearby homes
1,260 sqft (bottom 45%)
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
Near average
11% 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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68.7 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: #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
28 John Forsyth Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 156 m), 2 parks (nearest 217 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 35% | Bottom 18% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 28 John Forsyth Road, River Park South, Winnipeg
Key Characteristics & Appeal
This home presents a practical opportunity in Winnipeg's River Park South neighborhood. Built in 1979, its 1,260 sqft living space is competitively sized, ranking above average for its street. The assessed value of $337k is notably below the neighborhood average, suggesting a potentially accessible entry point into the area.
The primary appeal lies in its value positioning. You are acquiring a home with a solid, average-sized footprint in a mature neighborhood, but at an assessed value that sits significantly lower than most surrounding properties. This creates a distinct scenario: the house itself is not the largest or newest on the block, but it may offer financial efficiency for the space provided.
This property would suit a value-conscious buyer—perhaps a first-time homeowner or a downsizer—who prioritizes interior space and neighborhood stability over a large lot or a newer build. It's a home for those comfortable with the maintenance considerations of an older house (built 1979) and who see the below-average lot size (2,534 sqft) as a trade-off for less yard upkeep. The data indicates you're buying more house for your dollar here compared to the immediate area, but with less land.
Frequently Asked Questions
1. Is the below-average lot size a major drawback?
It depends on your lifestyle. The lot is significantly smaller than area norms, limiting expansive outdoor projects or privacy. However, it means less maintenance, lower landscaping costs, and could be ideal for those who prefer indoor living or use nearby parks.
2. The assessed value is below neighborhood average. Does that mean it's undervalued or problematic?
Not necessarily. Assessment considers many factors, including the home's age, lot size, and specific features. It primarily indicates that, on paper, this property is valued lower than many in River Park South. A professional inspection is crucial to understand the physical condition behind the valuation.
3. The home is older than most on the street. Should I be concerned?
A 1979 build means major systems (roof, HVAC, windows) may be at or beyond their typical lifespan. This underscores the importance of a thorough inspection. Conversely, well-maintained homes from this era are often solidly built, and the older vintage can sometimes mean more character and established landscaping.
4. How reliable are the sold price comparisons shown?
The site states sold data is from public sources, not the MLS, and is presented in broad ranges. For precise, verified sale history, you must request it directly from the site via email. The provided ranges offer a general market context but should not be used for final valuation.
5. What are the less obvious things to consider with this property?
Consider the long-term implications of the small lot on future resale value. Also, with very close neighbors (homes 8-24 meters away), privacy and noise may be factors. On a positive note, its below-average assessment could potentially translate to slightly lower property taxes relative to neighbors with similar-sized homes.
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