Property score
77.1
Good
Overall 77.1 · Larger but older than most nearby homes
1,665 sqft (top 27%) · Built in 1981 (9 yrs older than avg)
Located in a above-average income area with median household income of ~83k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 shop, 2 parks, and 1 bank/ATM nearby
Living Area
Above average
18% larger than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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77.1 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: #46110494
$83K
Median household income
$97K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
30%
Single-person households
23%
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 Southwalk Bay — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 326 m), 1 shopping (nearest 478 m), 2 parks (nearest 383 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 20% | Top 30% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 34 Southwalk Bay in Winnipeg's River Park South neighborhood presents a compelling blend of space and value. Built in 1981, its key strength is its generous 1,665 sqft living area, which ranks well above average for its street and the wider city. The lot size is standard for the area at just under 4,800 sqft. While its assessed value is slightly below the street average, this suggests a potential value opportunity, especially considering the home's larger-than-average footprint. Its appeal lies in offering more interior space than many comparable homes, within a stable, established neighborhood. This property would suit practical buyers looking for room to grow without a premium price tag, or those who prioritize interior square footage over having the largest yard on the block.
A less obvious point is the home's age relative to its street: it was built in 1981, which is the oldest average year on Southwalk Bay, yet it ranks as "Elite" because the ranking system favors newer homes. This indicates the home has been well-maintained to remain competitive among newer builds. Additionally, its last known sale was between $400k-$450k in early 2022, placing it in the top tiers for sold price in its area, hinting at sustained marketability.
1. Is the assessed value a good indicator of the likely selling price?
The assessed value of $389k is a municipal calculation for tax purposes. It's below the street average, but the home last sold for an estimated $400k-$450k in 2022. Market conditions, the home's condition, and its desirable living area will be bigger price drivers.
2. How does the living area compare to nearby homes?
This is a standout feature. At 1,665 sqft, it is significantly larger than the average home on its street (1,345 sqft) and in Winnipeg overall (1,342 sqft). You are getting more interior space than most comparable properties.
3. The home was built in 1981. Should I be concerned about major updates?
The year built (1981) is the benchmark average for the street, meaning all homes are of a similar vintage. While the ranking system labels it "Elite" for being at the average, it simply confirms the home is original to the street. A thorough inspection is advised to understand the condition of major systems like roof, windows, and plumbing, which may be due for updates.
4. What is the neighborhood like?
River Park South is an established neighborhood. The data shows homes here have a higher average assessed value ($447k) than this specific property, suggesting it's a solid area where values are supported.
5. How can I find out the exact past sale price?
The site provides sold price ranges for transparency. Due to industry rules, exact MLS sale figures are not displayed publicly here. You can request the exact sold price history by email through the site's provided form for a manual lookup.
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