31 Wycombe Place

River Park South, Winnipeg

Property score

85.5

Excellent

Overall 85.5 · Larger than most nearby homes

1,684 sqft (top 26%) · Built in 1987 (3 yrs older than avg)

Located in a high-income area with median household income of ~137k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 schools, and 1 park nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 70%French · 8%

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

85.5 is composed by the two sections below.

Property Score

82.0Excellent
Living Area1,684 sqft83Excellent
Year Built198778Good
Lot Size6,689 sqft85Excellent
Neighbourhood Sales Activity76Good

Community Score

90.7Excellent
Household Income92Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110506

Community deep dive

$137K

Median household income

$140K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

12%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)354
Labour force participation rate76%
Median age46.4
Avg household size2.9
Unemployment rate8%
Population density2082 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households12%
Couple families with children50%
Median household income (2020)$137K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority7%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 8%

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

Rankings

Living Area

above average
1,684 sqft
0255075100
Same streetBottom 33%Same areaTop 26%CitywideTop 22%
Same street · Wycombe Place
#6 / 9
Bottom 33% · Avg 1,781 sqft
Same area · River Park South
#924 / 3,617
Top 26% · Avg 1,410 sqft
Citywide · Winnipeg
#41,939 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
458k
0255075100
Same streetBottom 11%Same areaTop 39%CitywideTop 27%
Same street · Wycombe Place
#8 / 9
Bottom 11% · Avg 522.1k
Same area · River Park South
#1,394 / 3,617
Top 39% · Avg 447.2k
Citywide · Winnipeg
#52,491 / 194,458
Top 27% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetBottom 33%Same areaTop 32%CitywideTop 25%

Lot Size

above average
6,689 sqft
0255075100
Same streetBottom 22%Same areaTop 16%CitywideTop 20%

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

31 Wycombe Place — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 259 m), 1 parks (nearest 153 m).

Search radius
🏫Education2
🌳Parks1

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 10/2023CA$500k–550k
Sold price

Same street

Top 40%

Same area

Top 16%

City-wide

Top 16%

Related homes

Highlights & common questions: 31 Wycombe Place, Winnipeg

Property Overview: 31 Wycombe Place, Winnipeg

Key Characteristics & Appeal

This 1,684 sqft home, built in 1987, presents a solid, middle-ground opportunity in the established River Park South neighborhood. Its appeal lies in its balanced positioning: the living space is comfortably above the city and neighborhood averages, offering more room than many Winnipeg homes, while its assessed value of $458K sits below the average for its own street. This suggests a property that may offer good value within a well-regarded local context.

The lot size of 6,689 sqft is a standout feature, providing generous outdoor space that is significantly larger than most lots in River Park South and across the city. For buyers, this translates to ample room for gardening, recreation, or future expansion. The home last sold in late 2023 for an estimated $500K-$550K, placing it in the top 16% of sales for the area and city at that time, indicating strong market acceptance.

This property would best suit practical buyers looking for a family home with established roots and room to breathe. It’s ideal for those who value a larger yard over having the newest or largest house on the block. It represents a prudent choice for buyers seeking above-average space and land in a mature neighborhood without paying a premium for a top-tier street position.


Frequently Asked Questions

1. Is the assessed value a good indicator of the likely selling price?
Not directly. The assessed value of $458K is for municipal tax purposes. The home's last sale in 2023 fell in the $500K-$550K range, which is a more relevant market benchmark. Assessed values often lag behind current market conditions.

2. How does this home compare to others on Wycombe Place?
It's a mid-tier home on its street. It has a smaller lot and lower assessed value than the street average, but its living area is competitive. This can be an advantage, offering access to a desirable street while potentially at a more accessible price point than its larger neighbors.

3. What does the lot size mean for me?
At 6,689 sqft, the lot is substantially larger than the neighborhood average (~5,447 sqft). This means more private outdoor space, potential for additions like a shed or deck, and possibly fewer constraints from zoning bylaws for future projects compared to smaller lots.

4. The home was built in 1987. What should I consider?
Homes of this age are often well-built but are reaching the point where major components (like the roof, windows, or furnace) may have been replaced or could soon need attention. A thorough inspection is essential to understand the condition and any upcoming capital expenses.

5. How can I find out the exact past sale price?
The provided data shows a sold price range. Due to industry regulations, exact sale prices are not published online here. You can request the exact historical sale figures by emailing the site directly for a manual lookup, which they provide as a free service.

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.