65.4
Good
Property score
65.4
Good
Overall 65.4
Smaller and older than most nearby homes
1,090 sqft (bottom 30%)
Built in 1981 (9 yrs older than avg)
Located in a above-average income area
with median household income of ~86k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 79%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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65.4 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: #46110495
$86K
Median household income
$98K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
31%
Single-person households
22%
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
34 Blackwater Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 199 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 33% | Top 38% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 34 Blackwater Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,090 sqft bungalow, built in 1981, presents a solid, no-surprises offering in the established River Park South neighborhood. Its primary appeal lies in its relative affordability and stability within its immediate context. With an assessed value of $369k, it sits below the neighborhood average, potentially offering an entry point into the area. The home is notably well-situated on its street, ranking as one of the newest constructions on Blackwater Bay. While the lot size (4,100 sqft) is modest compared to broader area averages, it aligns with the lower-maintenance appeal of the property.
This home would suit first-time buyers or downsizers seeking a manageable, single-level living space in a mature community without a premium price tag. It’s a practical choice for those who value neighborhood character over a large yard or brand-new build, and who see potential in a property that is competitively priced within its own street but stands below the rising averages of the wider neighborhood.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold between $400k-$450k in September 2023. This placed it in the top 30-40% of sold prices for the city, street, and area at that time, indicating it traded at a market premium above its assessed value.
2. Is the lot size a significant drawback?
The lot is smaller than many in Winnipeg and even in River Park South. This means less outdoor maintenance but also limited space for expansions, large decks, or extensive landscaping. For buyers seeking a low-maintenance yard, it could be a benefit.
3. The home is newer than most on its street. What does that imply?
Being one of the newest homes on the block (ranked #2 of 41) suggests it may have had updates or construction advantages over immediate neighbors. However, as a 1981 build, buyers should still budget for updates common to homes of this age, like windows, roofing, or major systems.
4. Why is the assessed value below the neighborhood average?
The assessed value of $369k is notably below the River Park South average of ~$447k. This is likely due to the home’s smaller living area and lot size compared to neighborhood norms. It reflects a valuation for a more compact property, not necessarily a condition issue.
5. How can I verify the exact sale price and history?
The public data shows a sold price range. Due to industry rules, exact MLS sale figures are not displayed here. You can request the exact sold price history via email from the site, which they will provide manually without using your email for marketing.
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