Property score
57.5
Fair
Overall 57.5 · Smaller and older than most nearby homes
836 sqft (bottom 3%) · Built in 1980 (10 yrs older than avg)
Located in a high-income area with median household income of ~103k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 parks, 1 sports facility, and 2 fuel stations nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Below average
10 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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57.5 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
42 Lechman Place — 5 amenities found within 500 m, across 3 categories, including 2 parks (nearest 123 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 29% | Bottom 10% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 42 Lechman Place, Winnipeg
Key Characteristics & Appeal
This 836 sqft home, built in 1980 on a 2,986 sqft lot in River Park South, presents a practical and affordable entry point into the Winnipeg market. Its primary appeal lies in its value positioning. With an assessed value of $328k, it sits below the neighborhood average and aligns closely with the city-wide average, offering a relatively lower financial barrier for the area. The home’s size is modest—smaller than most in River Park South—which translates to lower utility costs and less maintenance.
This property would suit first-time buyers or downsizers seeking a manageable, single-level living space in an established community. It’s a home for those who prioritize financial accessibility and practicality over size, and who may value the potential to add personal touches to a well-located, older home. A thoughtful perspective is that its smaller lot and footprint, while below area averages, reduce outdoor upkeep—a potential benefit for buyers seeking a low-maintenance lifestyle without opting for a condo. Its sale history suggests it has been a affordable holding within its street, indicating its role as a steady, value-oriented property rather than a standout luxury home.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 836 sqft, the living area is smaller than most homes in the broader River Park South neighborhood, but it is closer to the average for its specific street, Lechman Place.
2. Is the assessed value a good indicator of its market price?
The assessed value of $328k is a municipal valuation for tax purposes. It is below the current neighborhood average but near the city-wide average, suggesting it may be priced accessibly for the area. Market conditions and the home’s specific condition will ultimately determine the sale price.
3. What does the sold price history indicate?
Records show it last sold between $250k-$300k in late 2020. This past sale price was in the top 90% for value in the neighborhood at that time, indicating it has historically been a more affordable option in River Park South.
4. What are the main trade-offs with this property?
The key trade-off is space for affordability. You gain entry into a desirable neighborhood at a below-average cost, but with less living area and a smaller yard than is typical for the area.
5. How can I get verified sale price details for this home?
The site does not display exact MLS sold figures. You can request a manual lookup for the precise transaction history by emailing the provided contact; they will send the information directly to you.
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