71.9
Good
Property score
71.9
Good
Overall 71.9
Older than most nearby homes
1,108 sqft (bottom 33%)
Built in 1982 (8 yrs older than avg)
Located in a high-income area
with median household income of ~110k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 school, 1 shop, 1 park, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 74%Chinese · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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71.9 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: #46110493
$110K
Median household income
$122K
Average household income
0.2
Income inequality (Gini)
2.3
P90 / P10 ratio
13%
Single-person households
27%
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 Thornewood Avenue — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 203 m), 1 shopping (nearest 453 m), 1 parks (nearest 302 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 29% | Bottom 43% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 31 Thornewood Avenue, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1982-built home in River Park South presents a practical and straightforward opportunity. With 1,108 sqft of living space on a 5,398 sqft lot, its size is average for Winnipeg but slightly below the norm for its immediate street. Its assessed value of $399k is notably higher than the city average, yet it sits below the average for both its street and neighborhood, suggesting a potentially competitive position within a desirable local market.
The primary appeal lies in its balance and established setting. It’s a home that avoids extremes, offering manageable dimensions for upkeep while being situated in a mature, family-oriented community. A thoughtful perspective is its "vintage" relative to the street—it was built in 1982, making it one of the newest homes on Thornewood Avenue, which could imply newer major components compared to immediate neighbors. The data indicates you are paying a premium for the River Park South location compared to the wider city, but potentially getting a relative value within the neighborhood itself.
This property would best suit first-time buyers or downsizers seeking a stable, move-in-ready home without the premium for a larger lot or maximum square footage. It’s for those who prioritize community and location over having the biggest house on the block.
Section 2: Frequently Asked Questions
1. Is the assessed value a good indicator of the likely selling price?
The assessed value ($399k) is a municipal figure for tax purposes. Notably, it's above the Winnipeg average but below the average for this specific street and neighborhood. Recent sold price data for the area suggests a range between $350k-$400k, indicating the assessment is in the ballpark, but market conditions will determine the final price.
2. How does the size of this home compare to others nearby?
At 1,108 sqft, the living area is slightly smaller than the average home on Thornewood Avenue (1,355 sqft) but is very close to the Winnipeg citywide average. It represents a mid-sized option for the River Park South area.
3. What does it mean that this is one of the newer homes on the street?
With a 1982 build year, this home is newer than most on its block. This can be an advantage, as systems like roofing, plumbing, or wiring may be relatively younger than those in older neighboring homes, potentially reducing near-term replacement costs.
4. How does the lot size affect the property?
The lot of 5,398 sqft is smaller than the street average but typical for the neighborhood. This means a manageable yard for maintenance, but may offer less private outdoor space or expansion potential than some other properties on the street.
5. Where can I find verified past sale prices for this home?
The provided sold price data is based on public records, not the MLS. For a fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as industry rules prevent the display of official MLS sold data here.
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