66.0
Good
Property score
66.0
Good
Overall 66.0
Smaller and older than most nearby homes
1,040 sqft (bottom 25%)
Built in 1981 (9 yrs older than avg)
Located in a above-average income area
with median household income of ~86k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 2 parks, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 79%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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66.0 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: #46110495
$86K
Median household income
$98K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
31%
Single-person households
22%
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
3 Blackwater Bay — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 246 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 17% | Bottom 21% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 3 Blackwater Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft home, built in 1981, presents a solid, well-maintained option in a mature Winnipeg neighbourhood. Its primary appeal lies in its strong standing within its immediate community. On Blackwater Bay street, it ranks well above average for assessed value (top 20%) and has a larger-than-average lot for the street. While the living space is slightly below the neighbourhood average, the home is notably one of the newer builds on its block. The assessed value of $405k sits comfortably above the street average, suggesting good upkeep and desirability for the location.
This property would suit a first-time buyer or downsizer looking for a manageable home in an established area without a premium price tag. It’s also a practical choice for a value-conscious buyer who prioritizes a good lot size and a stable street over having the newest or largest house in the wider area. A thoughtful perspective is that this home represents the "steady middle" of its market—it’s not the biggest, but its strong street-level rankings indicate it's a proven and competitive property within its most direct peer group.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,040 sqft, the living area is slightly above average for its street but below the average for the broader River Park South neighbourhood. It offers a manageable footprint.
2. Is the assessed value of $405k reasonable for the area?
The assessment is above the average for Blackwater Bay street, indicating it is valued higher than many direct neighbours. It is close to the city-wide average for comparable homes.
3. When was it last sold and for how much?
Records show it sold in August 2021. The public data indicates a sold price in the range of $300,000 to $350,000, which was in the top 80% of sales for the street at that time.
4. The home was built in 1981. Is that old for the area?
Interestingly, 1981 makes it one of the newer homes on Blackwater Bay (top 5%). However, it is older than the average build year for the wider River Park South neighbourhood.
5. How can I get the exact historical sale price?
The site provides estimated price ranges. To obtain the exact sale figures and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.
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