Property score
92.7
Excellent
Overall 92.7 · Larger and newer than most nearby homes
2,248 sqft (top 4%) · Built in 2020 (30 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
59% larger than neighborhood avg.
Year Built
Above average
30 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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92.7 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
46 Tilstone Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 474 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 | Bottom 33% | Top 12% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 46 Tilstone Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home stands out as a modern, above-average sized property in the desirable River Park South neighborhood. Built in 2020, it is one of the newest homes on its street and ranks in the top tier for its year-built and living space both locally and across Winnipeg. With 2,248 sqft of living area, it offers significantly more room than the average home in the area (1,410 sqft) or the city (1,342 sqft). The lot size of 6,572 sqft is also generous, providing ample outdoor space.
The appeal lies in its combination of new construction, spaciousness, and a strong location. Its assessed value of $623k reflects its premium standing, placing it in the top 4% of the neighborhood. This property suits buyers looking for a move-in ready, modern home who value space and a established community. It’s particularly well-suited for growing families seeking a long-term home with modern building standards and no immediate renovation needs. A thoughtful perspective is that while the home is newer, it resides on a street with a mix of build years, offering a blend of established greenery and fresh construction without the feel of a brand-new, sparse subdivision.
Section 2: Frequently Asked Questions
1. How does this home’s size truly compare to others?
This home’s living area of 2,248 sqft is notably larger than most. It ranks #3 out of 33 on its own street, #140 out of 3,617 in River Park South (top 4%), and in the top 6% city-wide, making it a genuinely spacious offering.
2. What does the assessed value tell me?
The $623k assessment is a strong indicator of municipal valuation for tax purposes. It sits well above the neighborhood average ($447.2k) and city average ($390.1k), confirming its premium market position. It ranks in the top 4% of its neighborhood for assessed value.
3. The home sold in 2020. What is known about that sale?
Public records indicate a sale in August 2020, with a price in the range of $500,000 to $550,000. For verified, exact historical sale figures, a manual lookup through the site’s service is required, as MLS data is not displayed.
4. Is the 2020 build date a significant advantage?
Yes. It ranks as the newest home on Tilstone Bay (#1 of 33) and is in the top 1% for year-built in all of River Park South. This suggests major systems (roof, HVAC, windows) are modern and under warranty, with contemporary floor plans and energy efficiency.
5. What are comparable nearby properties like?
The provided comparisons show homes with similar assessed values but often older (from the late 1980s to 2019) and typically with less living area. This underscores 46 Tilstone Bay’s combination of new construction and size as a key differentiator in its price range.
