80.1
Excellent
Property score
80.1
Excellent
Overall 80.1
Larger than most nearby homes
1,656 sqft (top 28%)
Built in 1983 (7 yrs older than avg)
Located in a high-income area
with median household income of ~103k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 2 parks, 1 sports facility, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
17% larger than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 69%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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80.1 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: #46110497
$103K
Median household income
$118K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
14%
Single-person households
37%
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
40 Highgate Crescent — 5 amenities found within 500 m, across 3 categories, including 2 parks (nearest 216 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 43% | Top 24% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Key Characteristics & Appeal
This 1,656 sqft home, built in 1983 on a 5,312 sqft lot in River Park South, presents a solid, above-average offering within its broader market. Its primary appeal lies in its strong value proposition and established location. The assessed value of $491k is notably above average for the street, neighborhood, and city, suggesting the property is well-regarded relative to its peers. While the living area is slightly below the street average, it ranks well above the neighborhood and city averages, indicating a spacious interior for the area.
The home suits buyers looking for a move-in ready property in a mature, stable community without the premium of a brand-new build. It’s particularly fitting for those who value space over lot size, as the interior is generous while the yard is more standard. A thoughtful perspective is that this property represents a "known quantity"—its value and size are consistently above par at multiple comparison levels, which can offer confidence in its long-term market position compared to more variable offerings.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value ($491k) is a strong benchmark and is above average for the area, market conditions, property condition, and recent upgrades ultimately determine the sale price. The home last sold between $450k-$500k in mid-2021.
2. How does the lot size compare to others?
The lot is 5,312 sqft, which is below the average for Highgate Crescent but fairly typical for the wider River Park South neighborhood. It offers a standard outdoor space for the community.
3. The home was built in 1983. Should I be concerned about major repairs?
Homes from this era in Winnipeg are common and often feature well-understood construction. However, key components like the roof, windows, furnace, and major systems are likely at or beyond their typical lifespan, so a thorough inspection is advised to budget for any updates.
4. The data shows the living area is below the street average but above the city average. What does this mean?
This highlights the character of Highgate Crescent, which consists of larger-than-average homes. While this home is on the smaller side for its immediate street, it still provides more interior space than most comparable homes across Winnipeg, making it a spacious option in the broader market.
5. How can I find out the exact historical sale prices?
The provided sold price is given as a range. Due to data licensing rules, exact sale figures are not published online here. You can request the full transaction history by emailing the site directly for a manual lookup, which they provide without obligation.
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