Property score
50.2
Fair
Overall 50.2 · Smaller than most nearby homes
680 sqft (bottom 1%) · Built in 1985 (5 yrs older than avg)
Located in a above-average income area with median household income of ~80k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 1 park nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
52% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 68%French · 7%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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50.2 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46111008
$80K
Median household income
$84K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
32%
Single-person households
20%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
3 Elsbury Bay — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 394 m), 1 healthcare (nearest 166 m), 1 shopping (nearest 322 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 18% | ਹੇਠਲੇ 10% | ਹੇਠਲੇ 34% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 3 Elsbury Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 3 Elsbury Bay in River Park South is defined by its compact efficiency and relative value within a mature, established neighborhood. Its key characteristic is its modest 680 sqft living area, which is notably smaller than most homes on its street, in River Park South, and across Winnipeg. Built in 1985, the home is of average age for its immediate area. The assessed value of $331k sits below the neighborhood average but is closer to the city-wide benchmark, suggesting the price reflects the smaller size rather than location.
The primary appeal lies in its potential as an affordable entry point into a sought-after neighborhood. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property without sacrificing access to the area's amenities. A thoughtful perspective is that this smaller footprint can mean significantly lower utility and maintenance costs, offering a different kind of financial efficiency beyond the purchase price. The lot, while smaller than the neighborhood average, is reasonably sized for its street, offering manageable outdoor space.
Section 2: Frequently Asked Questions
1. Is this a good value for the neighborhood?
The assessed value is below the River Park South average, primarily due to the home's smaller size. For a buyer who doesn't need extensive square footage, it represents a more accessible price point in a desirable area.
2. How does the living area compare to nearby homes?
At 680 sqft, the living area is significantly smaller than most comparable homes on Elsbury Bay (avg. 978 sqft) and in the wider River Park South area (avg. 1,410 sqft). It is a compact, efficient layout.
3. What is the history of sold prices for this home?
Public records indicate it last sold between $250k-$300k in April 2021. For fully verified and exact historical sale figures, a manual lookup through the site's email request service is recommended, as this data is not sourced from the MLS.
4. How does the year built affect this property?
Built in 1985, the home is of average age for its street and neighborhood. This typically means established infrastructure and mature landscaping, but buyers should budget for potential updates common to homes of this era.
5. Are the property taxes likely to be high?
Property taxes are based on the assessed value. With an assessment ($331k) that is below the neighborhood average, the tax burden may be comparatively lower than for larger homes in River Park South, though mill rates apply.
