3 Rillwood Place

River Park South, Winnipeg

59.8

Fair

Overall 59.8

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 70.0

5-min walk to transit with 3 nearby routes

Within 500m: 3 schools, and 2 parks nearby

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)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

59.8 is composed by the two sections below.

Property Score

48.1Low
Living Area920 sqft42Low
Year Built197867Good
Lot Size3,309 sqft38Low
Neighbourhood Sales Activity76Good

Community Score

77.4Good
Household Income81Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46111007

Community deep dive

$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

Population, labour & age

Population (2021)743
Labour force participation rate61%
Median age47.6
Avg household size2.5
Unemployment rate8%
Population density1769 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households23%
Couple families with children27%
Median household income (2020)$90K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority15%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 4%

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

Rankings

Living Area

above average
920 sqft
0255075100
Same streetTop 17%Same areaBottom 12%CitywideBottom 18%
Same street · Rillwood Place
#7 / 42
Top 17% · Avg 904 sqft
Same area · River Park South
#3,178 / 3,617
Bottom 12% · Avg 1,410 sqft
Citywide · Winnipeg
#158,755 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
326k
0255075100
Same streetTop 29%Same areaBottom 6%CitywideBottom 38%
Same street · Rillwood Place
#12 / 42
Top 29% · Avg 314.2k
Same area · River Park South
#3,409 / 3,617
Bottom 6% · Avg 447.2k
Citywide · Winnipeg
#121,390 / 194,458
Bottom 38% · Avg 390.1k

Year Built

around average
1978
0255075100
Same streetTop 33%Same areaBottom 5%CitywideTop 35%

Lot Size

around average
3,309 sqft
0255075100
Same streetTop 36%Same areaBottom 6%CitywideBottom 17%

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 Rillwood Place — 5 amenities found within 500 m, across 2 categories, including 3 education (nearest 377 m), 2 parks (nearest 385 m).

Search radius
🏫Education3
🌳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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 3 Rillwood Place.

🗑️

Garbage

friday

♻️

Recycling

friday

🍂

Yard Waste

friday b

Sales History

Sold 7/2023CA$300k–350k
Sold price

Same street

Top 35%

Same area

Bottom 21%

City-wide

Bottom 44%
Sold 3/2019CA$250k–300k
Sold price

Same street

Bottom 18%

Same area

Bottom 3%

City-wide

Bottom 24%
Sold 9/2017CA$200k–250k
Sold price

Same street

Bottom 6%

Same area

Bottom 2%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 3 Rillwood Place, Winnipeg

Property Overview: 3 Rillwood Place, Winnipeg

Section 1: Key Characteristics & Appeal

This 920 sqft home, built in 1978, presents a compelling opportunity in Winnipeg's River Park South neighborhood. Its primary appeal lies in its strong value proposition within its immediate locale. While the home is smaller and sits on a more modest lot compared to broader neighborhood and city averages, it stands out on its own street. Here, it ranks above average for both living space and assessed value, suggesting it is a well-regarded property on a street of similar, compact homes.

The data indicates a history of steady value appreciation through its recent sales. It would particularly suit first-time buyers or downsizers seeking an affordable, low-maintenance entry into a stable suburban area. It’s also a practical choice for value-focused investors, as its assessed value is significantly below the neighborhood average, potentially offering a lower property tax base while still benefiting from the area's amenities. A less obvious perspective is that this home represents the "original" scale of the neighborhood—offering a simpler, more efficient footprint in a community where many lots have since been filled with larger, more expensive homes.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 920 sqft, it is slightly larger than the average home on Rillwood Place itself. However, it is notably smaller than the typical home in the wider River Park South area, where averages are closer to 1,400 sqft.

2. What does the assessed value tell me about property taxes?
The assessed value of $326k is above the street average but well below the neighborhood average of $447k. This suggests your property tax assessment may be favorably positioned compared to many neighbors with larger homes, though final taxes depend on the city’s mill rate.

3. Has the property value increased over time?
Available sold price data shows a clear upward trajectory, moving from the $200k-$250k range in 2017 to the $300k-$350k range in 2023, indicating consistent appreciation.

4. Is the lot size typical for the area?
The 3,309 sqft lot is fairly standard for Rillwood Place but is smaller than most lots in River Park South and Winnipeg overall. This means less yard maintenance but also less private outdoor space than many area homes.

5. How can I find out the exact past sold prices?
The site provides sold price ranges. Due to data licensing rules, exact sold prices are not displayed publicly but can be requested directly from the site via email for verified figures.

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