Property score
84.9
Excellent
Overall 84.9 · Newer than most nearby homes
1,567 sqft (top 38%) · Built in 2018 (28 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 park nearby
Living Area
Near average
11% larger than neighborhood avg.
Year Built
Above average
28 yrs newer than neighborhood avg.
Mother tongue
English · 61%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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84.9 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: #46111261
$141K
Median household income
$159K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
9%
Single-person households
54%
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
31 Karen Irvine Crescent — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 493 m), 1 parks (nearest 427 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 34% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 31 Karen Irvine Crescent, Winnipeg
Key Characteristics & Appeal
This 2018-built home in River Park South presents a compelling mix of modern construction and established neighborhood value. At 1,567 sqft, its living space is above the Winnipeg average, offering comfortable room for daily life, yet it sits on a modestly-sized, manageable lot. The standout feature is its assessed value of $529k, which positions it as a premium property within the broader city and neighborhood context, but interestingly, it is one of the more affordable homes on its own street. This creates a unique value proposition: you're acquiring a newer, well-sized home in a desirable area, but potentially at a relative entry point for the immediate block.
The appeal lies in this balance. It suits buyers seeking a modern home (built in the last decade) without the premium of a brand-new build, and who prioritize being in a mature neighborhood like River Park South. It would particularly suit a young professional family or downsizers looking for a low-maintenance, contemporary property without sacrificing community amenities. A thoughtful perspective is that this home offers "neighborhood equity"—its value metrics are strong within the wider area, suggesting a solid investment in a stable community, even if it's not the largest home on its specific street.
Frequently Asked Questions
1. Is this home overpriced for its street?
The data suggests not. While its assessed value is below the street average, this is likely because many homes on Karen Irvine Crescent are larger or have other premium features. For a 2018 build, the value is consistent with its modern condition and efficient design.
2. What does the sold price history from 2019 indicate?
The previous sale in the $400k-$450k range shows significant equity growth since 2019, reflecting both market trends and the added value of a then-newer construction. This history indicates a property that has appreciated well.
3. How does the lot size impact the property?
At just over 5,000 sqft, the lot is average for the neighborhood. This means lower outdoor maintenance compared to larger lots, which is a benefit for many, but may be a consideration for those wanting extensive gardening or outdoor space.
4. Why is the living area considered "below average" for the street but "above average" city-wide?
This highlights the character of Karen Irvine Crescent itself—it's a street of relatively larger homes. The home's size is generous by Winnipeg standards, offering more space than most city homes, but is modest compared to its immediate neighbors.
5. Who would this home not be ideal for?
It may not suit buyers seeking the largest home on the block or those wanting a very large yard. Given its above-average assessed value for the neighborhood, it's also likely priced beyond strict first-time buyer budgets, targeting those with some equity or move-up buyers.
