87.4
Excellent
Property score
87.4
Excellent
Overall 87.4
Larger than most nearby homes
1,792 sqft (top 19%)
Built in 1987 (3 yrs older than avg)
Located in a high-income area
with median household income of ~147k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
27% larger than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 7%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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87.4 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: #46111258
$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
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 Westbourne Crescent — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 384 m), 1 parks (nearest 489 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%
Local garbage, recycling, and yard waste pickup schedule for 43 Westbourne Crescent.
Garbage
friday
Recycling
friday
Yard Waste
friday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 17% | Top 1% | Top 3% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Top 23% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 43 Westbourne Crescent, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,792 sqft home, built in 1987, presents a compelling opportunity defined by its exceptional lot size and strong value positioning. Its primary appeal lies in the substantial 12,641 sqft property, which ranks in the top 1% of lots in the River Park South neighborhood and is the largest on its street. This offers rare potential for outdoor space, privacy, and future expansion in a mature, established area.
The home’s assessed value of $624k sits well above averages for the street, neighborhood, and city, indicating a premium property within its context. Its living space is comfortably above area and city norms. Recent sale history shows significant appreciation, with the 2022 sale price placing in the top 1% for the neighborhood. This combination suggests a property that is both a substantial private retreat and a sound long-term investment.
It would best suit buyers seeking a large, versatile yard—ideal for gardening, recreation, or adding a detached garage or workshop—within a family-oriented suburb. It appeals to those who value space over a brand-new build and appreciate a home with a proven track record of value growth in a stable community.
Frequently Asked Questions
1. How does the home’s condition compare to its value ranking?
While the data shows elite rankings for lot size and value, the year built (1987) is around the neighborhood average. This suggests the premium is driven by land and location. Buyers should budget for updates consistent with a home of this age, though the strong assessed value implies it has been well-maintained.
2. Is the high assessed value a benefit or a drawback?
It’s a double-edged sword. It reflects the property’s premium status and likely supports a higher market price, but it also means consistently higher property taxes compared to neighboring homes with smaller lots or less square footage.
3. What does the large lot size practically offer?
Beyond gardening and play space, it provides a notable buffer from neighbors, reducing noise and increasing privacy. It also offers potential for legal secondary suites, additions, or pool installation, subject to city zoning, which is rare in newer subdivisions.
4. The 2022 sale price is in the top 1% for the area. Does that limit future growth?
Not necessarily. While it may mean near-term upside is more modest, it demonstrates the property’s ability to command a premium. Future growth will be tied to overall market trends and any improvements made, with the lot size providing a permanent, unique advantage.
5. How reliable are the provided sold price figures?
The site states sold data is from public sources, not the MLS, and is presented in ranges. For fully verified, exact sale history and figures, you must request a manual lookup from the website via email, as they do not publish MLS records directly.
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