80.2
Excellent
Property score
80.2
Excellent
Overall 80.2
Larger but older than most nearby homes
1,665 sqft (top 27%)
Built in 1981 (9 yrs older than avg)
Located in a high-income area
with median household income of ~110k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 school, 1 shop, 1 park, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
18% larger than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 74%Chinese · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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80.2 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: #46110493
$110K
Median household income
$122K
Average household income
0.2
Income inequality (Gini)
2.3
P90 / P10 ratio
13%
Single-person households
27%
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
43 Thornewood Avenue — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 253 m), 1 shopping (nearest 449 m), 1 parks (nearest 349 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 14% | Top 20% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 43 Thornewood Avenue, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1981 home offers a practical and established presence in the River Park South neighborhood. Its key strength is its above-average living space (1,665 sq ft), which provides more room than most comparable homes on its street, in the wider area, and across Winnipeg. The assessed value of $440k sits comfortably around the neighborhood average but is notably above the citywide average, suggesting a stable investment in a desirable area.
The appeal lies in its balanced positioning. It’s a home that offers more interior space without a premium lot size, making it efficient and manageable. It would suit buyers looking for a move-in ready, spacious family home in a mature neighborhood, who prioritize well-proportioned living areas over a large yard. The data indicates it’s a solid, middle-of-the-market property—not the newest nor the largest lot on the block, but one that reliably offers more house for the money compared to broader city benchmarks. It’s a pragmatic choice for those seeking value in square footage and established community roots.
Section 2: Frequently Asked Questions
1. How does the lot size impact this property?
The land area is smaller than most lots on Thornewood Avenue but is around average for the River Park South neighborhood. This typically means lower maintenance requirements while still providing standard outdoor space for the area.
2. Is the 1981 build year a concern?
The year built is older than many homes in River Park South but is actually above average for its specific street and close to the citywide average for comparable homes. This suggests the street has a consistent, mature character. A thorough inspection is always advised to understand the condition of major systems and any updates.
3. What does the sold price history indicate?
Public records show it sold between $450k-$500k in September 2022, placing it in the top 20% of sales for the neighborhood at that time. This past sale supports its current assessed value and indicates strong market reception.
4. How does this home compare to others nearby?
The home stands out on its street for its larger living area. Compared to the nearby reference properties listed, it offers significantly more interior space than most, often for a similar or only slightly higher assessed value.
5. How can I get the exact historical sold prices?
Due to data display rules, exact sold figures are not published directly on the site. You can request the full transaction history and exact sold prices via email from the provider, who will perform a manual lookup.
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