34 Elsey Road

River Park South, Winnipeg

85.1

Excellent

Overall 85.1

Newer than most nearby homes

1,561 sqft (top 38%)

Built in 2013 (23 yrs newer than avg)

Located in a high-income area

with median household income of ~158k

Transit 74.0

3-min walk to transit with 2 nearby routes

Within 500m: 2 parks nearby

Living Area

Near average

11% larger than neighborhood avg.

Year Built

Above average

23 yrs newer than neighborhood avg.

Mother tongue

English · 62%French · 9%

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

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Property score

85.1 is composed by the two sections below.

Property Score

80.1Excellent
Living Area1,561 sqft79Good
Year Built201394Excellent
Lot Size5,288 sqft67Good
Neighbourhood Sales Activity76Good

Community Score

92.5Excellent
Household Income94Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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: #46111260

Community deep dive

$158K

Median household income

$152K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

3%

Single-person households

71%

Families with children

Population, labour & age

Population (2021)526
Labour force participation rate78%
Median age35.6
Avg household size3.7
Unemployment rate3%
Population density5260 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households3%
Couple families with children71%
Median household income (2020)$158K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$476K

Diversity, education & language

Immigrants (share of pop.)43%
Visible minority57%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 61%
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
1,561 sqft
0255075100
Same streetBottom 23%Same areaTop 38%CitywideTop 27%
Same street · Elsey Road
#10 / 13
Bottom 23% · Avg 1,765 sqft
Same area · River Park South
#1,382 / 3,617
Top 38% · Avg 1,410 sqft
Citywide · Winnipeg
#53,066 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

above average
553k
0255075100
Same streetTop 38%Same areaTop 14%CitywideTop 12%
Same street · Elsey Road
#5 / 13
Top 38% · Avg 547k
Same area · River Park South
#512 / 3,617
Top 14% · Avg 447.2k
Citywide · Winnipeg
#23,975 / 194,458
Top 12% · Avg 390.1k

Year Built

Elite
2013
0255075100
Same streetTop 15%Same areaTop 4%CitywideTop 9%

Lot Size

above average
5,288 sqft
0255075100
Same streetTop 23%Same areaTop 42%CitywideTop 48%

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

34 Elsey Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 476 m).

Search radius
🌳Parks2

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 10/2021CA$500k–550k
Sold price

Same street

Bottom 29%

Same area

Top 14%

City-wide

Top 14%

Related homes

Highlights & common questions: 34 Elsey Road, Winnipeg

Property Overview: 34 Elsey Road, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,561 sqft home, built in 2013, presents a solid, modern offering in Winnipeg's River Park South neighborhood. Its primary appeal lies in its balance of above-average citywide metrics within a newer, well-established community. While it is one of the smaller homes on its specific street, it ranks above average for size and value when compared to the broader neighborhood and the entire city. The assessed value of $553k reflects this positioning, being notably higher than area and city averages.

The property would suit practical, value-conscious buyers looking for a relatively newer build (2013) that requires less immediate upkeep. It’s ideal for those who prioritize a modern home in a mature neighborhood over maximizing square footage. A thoughtful perspective is that this home offers the benefits of a newer construction—like updated building standards and systems—within a setting that already has established greenery and community amenities, avoiding the wait-and-see phase of a brand-new subdivision.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others nearby?
At 1,561 sqft, it is below the average for its immediate street but is around or above the average for the wider River Park South neighborhood and the city of Winnipeg. It's a moderately sized home for the area.

2. What does the assessed value tell us about this property?
The $553k assessment is above the neighborhood and city averages. This suggests the property is valued higher than many comparable homes, likely due to factors like its newer build year (2013) and specific location.

3. When was it last sold and for approximately how much?
Records indicate a sale in October 2021, with a sold price in the range of CA$500,000 to $550,000.

4. Is the lot size typical?
The 5,288 sqft lot is slightly larger than average for Elsey Road but is generally around the typical size for the River Park South neighborhood.

5. How can I get the exact historical sale prices?
The provided data shows approximate price bands. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not publish MLS transaction records directly.

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