42 Vadeboncoeur Drive

River Park South, Winnipeg

Property score

90.7

Excellent

Overall 90.7 · Larger and newer than most nearby homes

2,546 sqft (top 1%) · Built in 2005 (15 yrs newer than avg)

Located in a high-income area with median household income of ~147k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Above average

81% larger than neighborhood avg.

Year Built

Above average

15 yrs newer than neighborhood avg.

Mother tongue

English · 72%French · 7%

Past 10 years River Park South sales snapshot (~80% of all data)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

90.7 is composed by the two sections below.

Property Score

91.1Excellent
Living Area98
2,546 sqftExcellent
Year Built87
2005Excellent
Lot Size74
5,518 sqftGood
Neighbourhood Sales Activity76
Good

Community Score

90.0Excellent
Household Income93
Excellent
Education Level91
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111258

Community deep dive

$147K

Median household income

$154K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

10%

Single-person households

51%

Families with children

Population, labour & age

Population (2021)744
Labour force participation rate63%
Median age41.6
Avg household size3.1
Unemployment rate9%
Population density3234 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households10%
Couple families with children51%
Median household income (2020)$147K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority22%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,546 sqft
0255075100
Same streetTop 4%Same areaTop 1%CitywideTop 3%
Same street · Vadeboncoeur Drive
#3 / 71
Top 4% · Avg 2,117 sqft
Same area · River Park South
#22 / 3,617
Top 1% · Avg 1,410 sqft
Citywide · Winnipeg
#5,010 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
696k
0255075100
Same streetTop 15%Same areaTop 1%CitywideTop 4%
Same street · Vadeboncoeur Drive
#11 / 71
Top 15% · Avg 613.4k
Same area · River Park South
#52 / 3,617
Top 1% · Avg 447.2k
Citywide · Winnipeg
#7,724 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
2005
0255075100
Same streetBottom 10%Same areaTop 23%CitywideTop 15%

Lot Size

around average
5,518 sqft
0255075100
Same streetBottom 49%Same areaTop 34%CitywideTop 42%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

42 Vadeboncoeur Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 475 m), 1 parks (nearest 482 m).

Search radius
🏫Education1
🌳Parks1

Crime & Safety

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%

Sales History

Sold 10/2020CA$550k–600k
Sold price

Same street

Bottom 33%

Same area

Top 9%

City-wide

Top 10%

Related homes

Highlights & common questions: 42 Vadeboncoeur Drive, Winnipeg

Property Overview: 42 Vadeboncoeur Drive, River Park South, Winnipeg

Key Characteristics & Appeal

This home presents a compelling proposition centered on above-average space and established value in a mature Winnipeg neighborhood. Its primary appeal lies in its generous 2,546 sqft living area, which ranks in the top tier for its street, neighborhood, and city-wide, offering significantly more room than typical area homes. With an assessed value of $696k, it sits firmly in the elite range for River Park South, suggesting a premium property within the community.

The home suits buyers prioritizing interior space over a brand-new build, as it was constructed in 2005—newer than most city homes but slightly older than others on its specific street. The lot size is standard for the area. A thoughtful perspective is that this property represents a "sweet spot" in neighborhood evolution: it's established enough for mature landscaping and settled community character, yet modern enough to avoid major near-term renovations. It would particularly suit growing families seeking ample room in a proven area, or value-conscious buyers who understand that assessed value often reflects desirability and potential for sustained equity.

Frequently Asked Questions

1. How does this home’s size truly compare to others?
Its living area is substantial, outperforming approximately 97% of similar homes in Winnipeg and 99% in the River Park South neighborhood. It offers about 1,100 more sqft than the neighborhood average.

2. The assessed value seems high. What does that indicate?
A $696k assessment is in the top 1% for River Park South. This typically reflects the home's larger size, desirable location on the street, and market conditions at the time of assessment. It signals a premium property within the community but also suggests corresponding property taxes.

3. It sold in 2020. What was the exact price and how has value changed?
The public sold price data shows a range of CA$550k–600k for the 2020 sale. To obtain the exact historical sale price and a professional valuation of current market value, you should consult with a real estate agent or request a manual lookup from the site, as MLS data is not displayed here.

4. Is the 2005 build year a concern?
Not inherently. While it's slightly older than the immediate street average (2006), it is significantly newer than the Winnipeg city average (1966). This age typically means modern construction standards are met, but a thorough inspection is always advised to assess the condition of major systems like roof, HVAC, and windows.

5. What are the comparable homes nearby?
The listing references nearby properties with similar assessed values in other neighborhoods, such as in Varsity View and Whyte Ridge. Directly on Vadeboncoeur Drive, the home ranks 11th highest in assessed value out of 71 homes, placing it in a desirable segment of its own street.