Property score
90.0
Excellent
Overall 90.0 · Larger and newer than most nearby homes
2,296 sqft (top 3%) · Built in 2009 (19 yrs newer than avg)
Located in a high-income area with median household income of ~131k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
63% larger than neighborhood avg.
Year Built
Above average
19 yrs newer than neighborhood avg.
Mother tongue
English · 67%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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90.0 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: #46110501
$131K
Median household income
$142K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
2.9
P90 / P10 ratio
11%
Single-person households
49%
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 Farnsworth Crescent — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 339 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 12% | Top 21% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 3 Farnsworth Crescent, Winnipeg
Key Characteristics & Appeal
This home presents a compelling value proposition within Winnipeg’s River Park South neighborhood. Its primary strength is its generous living space. At 2,296 sqft, the interior is significantly larger than both the neighborhood and city averages, placing it in the top tier for space locally. Built in 2009, it is a relatively modern home that requires less immediate attention than older stock. The assessed value of $582k sits notably above city and neighborhood averages, yet interestingly, it is below the average for its own street. This suggests you are acquiring a spacious, modern home on a established street where many properties carry even higher valuations.
The appeal lies in this balance of space, modern construction, and perceived value within its immediate context. It suits buyers looking for ample room without venturing into the highest price brackets, and who appreciate a home that stands out for its size within a wider area but doesn’t necessarily command the peak price on its block. A thoughtful point to consider is the lot size, which is smaller than others on Farnsworth Crescent. This may appeal to those who prefer less yard maintenance, but is worth noting for buyers envisioning extensive outdoor additions or landscaping.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is not a direct marker of market value. However, it indicates the home is officially valued well above area averages, while being on a street with even higher-value homes. The last known sold price was between $450k-$500k in 2016.
2. Is the living space efficiently laid out?
The data confirms the home is exceptionally spacious for the area. To understand the flow and room proportions, a viewing or floor plan review is essential, as square footage alone doesn’t capture layout functionality.
3. Why is the assessed value lower than the street average?
This can be due to several factors, including the specific lot size (which is smaller than the street average), differences in finishes or upgrades, or the unique timing of assessments. It highlights the importance of comparing the home’s specific features and condition to its neighbors.
4. What does the year built tell me about potential costs?
Built in 2009, major components like the roof, windows, and HVAC system are likely original and may be approaching or within the window for planned replacement or significant servicing. This is a key consideration for maintenance budgeting.
5. How can I verify the exact historical sale prices?
The site provides estimated sale ranges. For fully verified transaction history and exact figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.
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