91.1
Excellent
Property score
91.1
Excellent
Overall 91.1
Larger and newer than most nearby homes
1,974 sqft (top 12%)
Built in 2009 (19 yrs newer than avg)
Located in a high-income area
with median household income of ~141k
Transit 48.0
12-min walk to transit with 2 nearby routes
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
40% larger than neighborhood avg.
Year Built
Above average
19 yrs newer than neighborhood avg.
Mother tongue
English · 61%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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91.1 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: #46111261
$141K
Median household income
$159K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
9%
Single-person households
54%
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
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 33% | Top 8% | Top 9% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 25% | Top 30% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 46 Faraway Lane in River Park South stands out for its above-average size and modern build within a well-established Winnipeg neighborhood. Built in 2009, its nearly 2,000 sqft of living space is notably larger than most comparable homes on its street, in the area, and across the city. The property also benefits from a generous lot size of over 8,600 sqft, providing ample outdoor space that is rare for the neighborhood. With an assessed value of $569k, it sits in the top tier of homes locally, reflecting its premium attributes. Its appeal lies in offering a spacious, relatively new home in a mature community, avoiding the wait and uncertainty of a new development. This property would best suit buyers looking for move-in-ready space, both indoors and out, who value a established neighborhood setting over a brand-new subdivision. A less obvious point of value is its ranking among the newest homes on its street, suggesting lower immediate maintenance costs compared to older neighbors, while still being part of a settled streetscape.
Frequently Asked Questions
How accurate are the sold price ranges shown?
The sold price ranges are based on publicly available data, not the MLS, and are presented in $50k bands. For fully verified, exact historical sale figures, you must request a manual lookup via email from the site.
What do the rankings (e.g., "Top 11%") actually mean?
These rankings compare this specific property against similar homes in three scopes: its immediate street, the wider River Park South neighborhood, and all of Winnipeg. For example, ranking in the "Top 11%" city-wide for living area means approximately 89% of comparable Winnipeg homes are smaller.
Is the assessed value the same as the market value?
No. The assessed value ($569k) is used for municipal tax purposes. Market value (what a buyer might pay) is influenced by current market conditions and can be higher or lower. The assessment does, however, indicate the home is consistently valued well above local averages.
Why is the lot size considered a standout feature?
At 8,639 sqft, the lot is significantly larger than the neighborhood average (~5,447 sqft). This means more private yard space, potential for landscaping, gardens, or additions, and often a greater sense of privacy—a premium in suburban areas.
The home was last sold in 2021. What can that tell me?
The 2021 sale price range ($550k-$600k) and its "Top 8%" ranking for the area at that time show the home has historically commanded a premium. Tracking its change from the 2016 sale can indicate appreciation trends, but for precise figures, a manual data request is needed.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
