3 Higham Bay

River Park South, Winnipeg

Property score

89.3

Excellent

Overall 89.3 · Larger and newer than most nearby homes

2,183 sqft (top 6%) · Built in 2006 (16 yrs newer than avg)

Located in a high-income area with median household income of ~131k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

55% larger than neighborhood avg.

Year Built

Above average

16 yrs newer than neighborhood avg.

Mother tongue

English · 67%French · 6%

Past 10 years River Park South sales snapshot (~80% of all data)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

89.3 is composed by the two sections below.

Property Score

88.3Excellent
Living Area2,183 sqft94Excellent
Year Built200690Excellent
Lot Size5,374 sqft67Good
Neighbourhood Sales Activity76Good

Community Score

90.7Excellent
Household Income92Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health90Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110501

Community deep dive

$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

Population, labour & age

Population (2021)1,135
Labour force participation rate74%
Median age38.4
Avg household size3.2
Unemployment rate4%
Population density3242 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households11%
Couple families with children49%
Median household income (2020)$131K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$420K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority29%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,183 sqft
0255075100
Same streetTop 15%Same areaTop 6%CitywideTop 7%
Same street · Higham Bay
#5 / 34
Top 15% · Avg 1,842 sqft
Same area · River Park South
#210 / 3,617
Top 6% · Avg 1,410 sqft
Citywide · Winnipeg
#13,436 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
541k
0255075100
Same streetTop 50%Same areaTop 17%CitywideTop 14%
Same street · Higham Bay
#17 / 34
Top 50% · Avg 538.7k
Same area · River Park South
#617 / 3,617
Top 17% · Avg 447.2k
Citywide · Winnipeg
#26,855 / 194,458
Top 14% · Avg 390.1k

Year Built

above average
2006
0255075100
Same streetBottom 21%Same areaTop 19%CitywideTop 14%

Lot Size

above average
5,374 sqft
0255075100
Same streetTop 21%Same areaTop 39%CitywideTop 47%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

3 Higham Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 349 m).

Search radius
🌳Parks2

Crime & Safety

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%

Sales History

Sold 5/2020CA$400k–450k
Sold price

Same street

Bottom 27%

Same area

Top 28%

City-wide

Top 23%

Related homes

Highlights & common questions: 3 Higham Bay, Winnipeg

Property Overview

This home at 3 Higham Bay in Winnipeg's River Park South neighborhood presents a compelling blend of space, established value, and a mature setting. Built in 2006, it offers a generous 2,183 square feet of living area, which places it comfortably above average for the neighborhood and city. The lot size is also notably spacious for its immediate street. Its assessed value of $541,000 aligns with the street average but sits above the broader area and city benchmarks, indicating a well-regarded location.

The appeal here lies in acquiring a home in a developed area where the landscaping and community feel are settled, without sacrificing modern amenities. While it's not the newest home on its street, its size and lot offer a tangible premium compared to many Winnipeg properties. It would suit buyers looking for move-in-ready space for a growing family, who prioritize established neighborhoods over brand-new construction, and who see value in a property that performs strongly against wider city metrics.

Frequently Asked Questions

How does this home's size compare to others nearby?
The living area is a key strength. It ranks in the top 15% on its own street, the top 6% in River Park South, and the top 7% city-wide, meaning it offers significantly more space than the typical Winnipeg home.

Is the assessed value in line with the property?
The assessment is average for Higham Bay but above average for the larger neighborhood and city. This suggests the value is supported by the home's size and the area's desirability, not just its specific street.

The home was built in 2006. Is that a concern?
While it's older than some neighbors, a 2006 build is still newer than the average Winnipeg home (1966) and neighborhood average (1990). It represents a period of solid construction, likely before major systems like the roof or HVAC require replacement.

What can the 2020 sale price tell me?
The previous sale price range places it in the top 28% for the neighborhood at that time, indicating a history of strong value retention. For precise figures, a manual lookup via the site is required.

How does the lot size impact the property?
At over 5,300 sq. ft., the lot is above average for the street. In an established neighborhood, this provides valuable outdoor space and potential that can be harder to find on newer, more densely packed subdivisions.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.