64.2
Fair
Property score
64.2
Fair
Overall 64.2
Smaller than most nearby homes
990 sqft (bottom 19%)
Built in 1984 (6 yrs older than avg)
Located in a high-income area
with median household income of ~94k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
30% smaller 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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64.2 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
42 Pately Crescent — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 394 m), 1 education (nearest 119 m), 1 parks (nearest 325 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 37% | Top 38% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 42 Pately Crescent in Winnipeg's River Park South neighborhood presents a specific and practical value proposition. Built in 1984, it is a well-maintained property from a consistent era of construction in the area. With 990 square feet of living space, it is notably more compact than many homes on its own street and in the wider neighborhood, which is its defining characteristic. Its assessed value of $406,000 sits slightly below the street average but aligns closely with the Winnipeg citywide average for comparable homes. The lot size is standard for the immediate area. Recent sale data indicates it sold for between $400,000 and $450,000 in late 2023.
Key Characteristics & Appeal
The primary appeal of this property is efficiency and entry-level access to a stable, established neighborhood. Its smaller size translates to lower utility costs, less maintenance, and a manageable footprint—appealing for those who prioritize simplicity and cost-effectiveness over square footage. While the living area is below average for the street, the home's construction year is among the newest on Pately Crescent, suggesting potentially fewer major age-related concerns than older stock. It suits first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property in a family-oriented community without the premium for larger, modernized homes. It represents a pragmatic choice rather than a luxury one, offering a foothold in a desirable area at a relatively accessible point.
1. Is the living area too small for a family?
While below the neighborhood average, the 990 sqft layout can work for a small family, particularly first-time buyers. Its manageability may be a worthwhile trade-off for budget-conscious buyers wanting to enter the River Park South area.
2. How does the assessed value compare to the recent sale price?
The assessed value is $406,000. The home sold for an estimated $400,000–$450,000 in December 2023, indicating the sale price was very close to or slightly above its official assessment at that time.
3. What does the "elite" ranking for year built mean?
On Pately Crescent, an "elite" ranking (Top 4%) for its 1984 build year simply means it is one of the newest houses on that specific street, where the average build year is also 1984. It indicates consistency and may imply similar construction quality and style to most neighbors.
4. Are sold prices on this site accurate?
The sold price data is sourced from public records, not the MLS, and is presented as a verified range. For exact historical sale figures, you must request a manual lookup from the site via email.
5. What are the typical property taxes for an assessment of $406,000?
Property taxes are not listed here. You can estimate them by applying the current City of Winnipeg municipal tax rate (available on the city website) to the assessed value.
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