58.9
Fair
Property score
58.9
Fair
Overall 58.9
Smaller and older than most nearby homes
920 sqft (bottom 12%)
Built in 1978 (12 yrs older than avg)
Located in a high-income area
with median household income of ~90k
Transit 94.0
2-min walk to transit with 4 nearby routes
Within 500m: 3 schools, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Below average
12 yrs older than neighborhood avg.
Mother tongue
English · 66%Chinese · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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58.9 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: #46111007
$90K
Median household income
$92K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
23%
Single-person households
27%
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
294 Novavista Drive — 4 amenities found within 500 m, across 2 categories, including 3 education (nearest 152 m), 1 parks (nearest 497 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 35% | Bottom 28% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 920 sqft bungalow at 294 Novavista Drive in Winnipeg's River Park South neighborhood presents a practical, entry-level home opportunity. Built in 1978, it sits on a modest 2,990 sqft lot. With an assessed value of $308k, it is priced below the neighborhood average, offering a more accessible point into a well-established area. The home last sold in August 2022 for an estimated $300k–350k.
The primary appeal of this property is its value proposition within its immediate context. While its living space is below the neighborhood average, it is quite typical for Novavista Drive itself, ranking in the middle of the pack for both size and value on its own street. This positions it as a sensible, no-fuss option for buyers seeking a home in River Park South without the premium price tag often associated with the larger, newer homes in the wider area.
It would suit first-time buyers or downsizers looking for manageable square footage and lower maintenance. The below-average lot size is a trade-off, resulting in less yard work but also limited outdoor private space. A thoughtful perspective is that this home represents the "baseline" for the street—it’s not an outlier in any category, which can mean predictable property taxes and fewer surprises when comparing it directly to its closest neighbors. Its appeal is grounded in practicality and location over grandeur.
1. Is this home a good value compared to others in River Park South?
Yes, from a financial standpoint. Its assessed value is in the bottom 3% for the neighborhood, meaning it is significantly more affordable than most homes in River Park South, which average $447k.
2. How does the lot size impact the property?
The lot is smaller than most in the neighborhood and city. This means lower maintenance, but also less potential for expansions like large decks, pools, or additions. It's a practical choice for those who prioritize easy upkeep.
3. The home was built in 1978. Should I be concerned about major repairs?
As a home from the late 70s, key systems like the roof, windows, and furnace may be nearing or past their typical lifespan. A thorough inspection is essential to budget for any upcoming updates, which is common for homes of this era.
4. How does this property rank for its size on its own street?
It's fairly average. Among 220 comparable homes on Novavista Drive, its 920 sqft living area ranks #97 (top 44%). You’re getting a home that is very typical for the specific street, not an unusually small one in that direct context.
5. Where can I get the exact sale price from 2022?
The site provides sold price ranges publicly. To obtain the exact figure, you must request it directly via email from the service, as they manually look up and provide verified transaction histories outside of the MLS system.
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