72.1
Good
Property score
72.1
Good
Overall 72.1
Smaller than most nearby homes
1,084 sqft (bottom 29%)
Built in 1985 (5 yrs older than avg)
Located in a high-income area
with median household income of ~131k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, and 1 park 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
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 67%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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72.1 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: #46110501
$131K
Median household income
$142K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
2.9
P90 / P10 ratio
11%
Single-person households
49%
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
35 Furness Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 228 m), 1 parks (nearest 327 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 12% | Bottom 30% | Bottom 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 35 Furness Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This 1985-built home in River Park South presents a practical opportunity in a mature neighbourhood. With 1,084 sqft of living space on a 5,038 sqft lot, its key characteristic is its relative modesty compared to immediate neighbours. The home ranks below the street average for both size and assessed value, suggesting it is one of the more accessible entry points onto Furness Bay. Its appeal lies in this value positioning within a well-established area, coupled with a lot size that is consistent with the wider neighbourhood. The assessed value of $416k sits comfortably above the Winnipeg city average, indicating a stable investment in a desirable part of the city.
This property would suit first-time buyers or downsizers seeking a foothold in a settled community without the premium for a larger home on the same block. It also appeals to the value-conscious buyer who prioritizes location and land over square footage, seeing potential in the existing structure or lot. A thoughtful perspective is that while it may feel smaller compared to its direct street neighbours, its fundamentals are aligned with—or exceed—city-wide norms, offering a balanced compromise.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $300k-$350k in 2016. Current assessed value ($416k) is below the street average ($439.1k), ranking 18th out of 25 homes on Furness Bay. This suggests it may be priced more accessibly than many neighbouring properties.
2. Is the living space significantly smaller than other homes in Winnipeg?
At 1,084 sqft, it is slightly below the neighbourhood average but actually very close to the Winnipeg city-wide average of 1,342 sqft for comparable homes. It offers a fairly typical amount of space for the broader market.
3. What does the "Top X%" ranking mean?
A "Top X%" rank shows how a property compares to peers. For example, being in the "Top 72%" for assessed value on its street means its value is higher than 72% of comparable homes on Furness Bay—or, put another way, 28% of homes on the street have a higher assessed value.
4. The year built is 1985. Is that older than most homes in Winnipeg?
No. Built in 1985, this home is newer than the Winnipeg city-wide average (1966) for comparable properties, placing it in the "Top 29%" city-wide for year built. It is a fairly standard age for its neighbourhood.
5. How can I get the exact historical sold price?
Exact sold prices are not displayed publicly on the site due to data source rules. You can request the full transaction history and exact figures via email, and the team will provide them through a manual lookup.
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