Property score
59.1
Fair
Overall 59.1 · Smaller and older than most nearby homes
850 sqft (bottom 4%) · Built in 1981 (9 yrs older than avg)
Located in a high-income area with median household income of ~103k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 3 parks, 1 sports facility, and 2 fuel stations nearby
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 69%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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59.1 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: #46110497
$103K
Median household income
$118K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
14%
Single-person households
37%
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 Lechman Place — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 119 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 | Top 29% | Bottom 23% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 31 Lechman Place, River Park South, Winnipeg
Key Characteristics & Appeal
This 850 sqft home, built in 1981, presents a practical and competitively positioned offering in the River Park South neighborhood. Its primary appeal lies in its efficient scale and solid value foundation within its immediate locale. On its own street, the home stands out for being newer than most peers and carries an assessed value ($380k) that is modestly above the local average. This suggests a well-maintained property that holds its own in a direct, street-level comparison.
However, the context shifts when viewed against the wider neighborhood and city. The living space and lot size are notably more compact than area averages, positioning this as a lower-maintenance option. This isn't a sprawling property, but rather a manageable one. It would suit first-time buyers seeking an affordable entry into a stable neighborhood, downsizers looking to reduce upkeep without leaving the area, or pragmatic investors attracted to a property with a value that aligns closely with city-wide benchmarks. The 2017 sale price (in the $300k-$350k range) indicates a history of sensible valuation, appealing to those with a data-driven approach.
Frequently Asked Questions
1. Is this house significantly smaller than others in the area?
Yes. At 850 sqft, the living area is well below the River Park South neighborhood average (~1,410 sqft). This translates to lower utility costs and less maintenance, but also means space is efficiently configured.
2. How does its assessed value compare?
Its $380,000 assessment is above the average for its street but below the average for River Park South. City-wide, it's very close to the average. This indicates you're paying for the specific property and location rather than an inflated neighborhood premium.
3. The home was built in 1981. Is that old for the area?
Interestingly, no. On its own street, it's actually one of the newest homes. The neighborhood overall has newer construction (average 1990), but city-wide, this home is newer than average. Key systems like roof, furnace, and windows will be important to evaluate for their age and condition.
4. What can the 2017 sale price tell me?
It sold for between $300,000 and $350,000 in 2017. Compared to its current $380k assessment, this suggests a reasonable trajectory of value increase over seven years, roughly in line with market trends.
5. The lot seems smaller than others. What does that mean?
The 3,228 sqft lot is smaller than most in the neighborhood and city. This means less yard work and lower exterior maintenance costs, but also less private outdoor space. It's a trade-off that favors simplicity over expansiveness.
