43 Pevensey Place

River Park South, Winnipeg

Property score

88.4

Excellent

Overall 88.4 · Larger and newer than most nearby homes

1,922 sqft (top 13%) · Built in 1989 (1 yr older than avg)

Located in a high-income area with median household income of ~137k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 schools, and 1 park nearby

Living Area

Above average

36% larger than neighborhood avg.

Year Built

Above average

1 yrs older than neighborhood avg.

Mother tongue

English · 70%French · 8%

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

88.4 is composed by the two sections below.

Property Score

86.8Excellent
Living Area1,922 sqft92Excellent
Year Built198978Good
Lot Size6,283 sqft81Excellent
Neighbourhood Sales Activity76Good

Community Score

90.7Excellent
Household Income92Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110506

Community deep dive

$137K

Median household income

$140K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

12%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)354
Labour force participation rate76%
Median age46.4
Avg household size2.9
Unemployment rate8%
Population density2082 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households12%
Couple families with children50%
Median household income (2020)$137K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority7%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 8%

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

Rankings

Living Area

above average
1,922 sqft
0255075100
Same streetTop 42%Same areaTop 13%CitywideTop 13%
Same street · Pevensey Place
#5 / 12
Top 42% · Avg 1,908 sqft
Same area · River Park South
#484 / 3,617
Top 13% · Avg 1,410 sqft
Citywide · Winnipeg
#24,896 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
473k
0255075100
Same streetBottom 1%Same areaTop 34%CitywideTop 24%
Same street · Pevensey Place
#12 / 12
Bottom 1% · Avg 511.5k
Same area · River Park South
#1,235 / 3,617
Top 34% · Avg 447.2k
Citywide · Winnipeg
#47,341 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetTop 50%Same areaTop 29%CitywideTop 23%

Lot Size

above average
6,283 sqft
0255075100
Same streetBottom 8%Same areaTop 20%CitywideTop 26%

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

43 Pevensey Place — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 244 m), 1 parks (nearest 181 m).

Search radius
🏫Education2
🌳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 7/2021CA$400k–450k
Sold price

Same street

Bottom 33%

Same area

Top 35%

City-wide

Top 28%

Related homes

Highlights & common questions: 43 Pevensey Place, Winnipeg

Property Summary: 43 Pevensey Place, Winnipeg

Section 1: Key Characteristics & Appeal

This 1989-built home in River Park South offers a practical, above-average living space of 1,922 sqft on a 6,283 sqft lot. Its primary appeal lies in its strong positioning within the broader market. While it is one of the more modest properties on its own street, it stands well above averages for both the neighborhood and the entire city in terms of living area and assessed value. This creates a value proposition: you get more interior space than most Winnipeg homes, in an established, mature area, but at an assessed value that is below the street's average. The home suits buyers looking for a spacious, solidly-built property in a stable suburban community without paying a premium for the most prominent lot on the block. It’s a sensible choice for those who prioritize interior space over having the largest yard, and for value-conscious buyers who see opportunity in a home that ranks higher city-wide than it does on its immediate street.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales?
Based on available data, it last sold between $400k-$450k in July 2021. That sale price ranked in the top 35% for the neighborhood and top 28% city-wide at the time, indicating a history of strong value retention relative to the broader market.

2. Is the lot size a disadvantage?
The lot is smaller than others on Pevensey Place, but it’s still larger than 80% of lots in River Park South and above the city-wide average. It offers a manageable yard size, which can mean lower maintenance, while still providing ample private outdoor space.

3. What does the assessed value tell us?
The current assessed value of $473k is above city and neighborhood averages, reflecting the home’s substantial living area. That it’s the lowest on its street suggests there may be potential to add value relative to immediate neighbors, depending on condition and updates.

4. How does the age of the home factor in?
Built in 1989, the home is newer than most in Winnipeg. This typically means modern construction standards and potentially fewer major system replacements than in older homes, though key components like the roof, windows, and HVAC may be due for inspection or updates.

5. Where can I get verified sale price history?
The provided sold price is from public records. For fully verified and exact transaction figures, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.

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