Property score
79.0
Good
Overall 79.0 · Larger than most nearby homes
1,694 sqft (top 25%) · Built in 1984 (6 yrs older than avg)
Located in a high-income area with median household income of ~94k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby
Living Area
Above average
20% larger than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 9%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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79.0 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: #46110500
$94K
Median household income
$104K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
25%
Single-person households
29%
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
38 Malmsbury Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 217 m), 1 education (nearest 276 m), 1 parks (nearest 407 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 11% | Top 24% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 38 Malmsbury Avenue, Winnipeg
Key Characteristics & Appeal
This 1984-built home in River Park South offers a practical and established living environment. Its primary appeal lies in its above-average living space—at 1,694 sqft, it is notably larger than most comparable homes on its street, in the neighborhood, and across Winnipeg. This makes it a standout for buyers seeking more room without moving to a newer, potentially more expensive area.
The home sits on a standard lot for the area and its assessed value of $434k is competitive, positioning it as a solid, mid-range property within the city. It last sold in April 2023 for an estimated $450k-$500k, a price point that performed well against broader market averages.
This property would suit buyers who value space over a brand-new build, such as growing families looking for a move-in-ready home in a mature neighborhood. It also represents a sensible choice for value-conscious purchasers seeking a home that already has a proven resale history in a stable community. A less obvious perspective is that its consistent "above average" size ranking across all geographic levels suggests a enduring, inherent value in its floor plan that may not be as susceptible to localized market dips.
Frequently Asked Questions
1. How does this home’s size really compare to others?
It is consistently larger than the norm. It ranks in the top 13% on its own street, the top 25% in River Park South, and the top 21% city-wide for living area among similar homes.
2. Is the assessed value in line with the neighborhood?
The assessed value is slightly below the neighborhood average for River Park South but is above the city-wide average. On its own street, it ranks in the top 30%, indicating it is priced appropriately among its most direct comparables.
3. When was it last sold and for how much?
It sold in April 2023. Publicly available data indicates a sold price range of CA$450,000 to $500,000. Exact sale figures require a manual lookup from verified records.
4. What is the lot size, and is it typical?
The lot is 4,937 sqft. This is around the average for both Malmsbury Avenue and the River Park South neighborhood, though slightly below the average lot size across Winnipeg.
5. Are there many other homes from the same era nearby?
Yes. Built in 1984, it is typical for its street, which has an average build year of 1984. The home is newer than the Winnipeg average but representative of this established section of River Park South.
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