Property score
85.7
Excellent
Overall 85.7 · Larger and newer than most nearby homes
1,780 sqft (top 19%) · Built in 2007 (17 yrs newer than avg)
Located in a high-income area with median household income of ~131k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby
Living Area
Above average
26% larger than neighborhood avg.
Year Built
Above average
17 yrs newer than neighborhood avg.
Mother tongue
English · 67%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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85.7 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: #46110501
$131K
Median household income
$142K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
2.9
P90 / P10 ratio
11%
Single-person households
49%
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
47 Higham Bay — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 440 m), 2 parks (nearest 312 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 18% | Top 42% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 47 Higham Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in River Park South presents a compelling blend of space, modernity, and established value. Built in 2007, its key strength is its relative newness compared to most Winnipeg homes, placing it in the top 3% for year built on its own street. With 1,780 sqft of living area, it offers above-average space for both the neighborhood and the city, comfortably exceeding typical sizes. The assessed value of $576k reflects its premium positioning, ranking in the top 10% for the area and city, indicating strong market recognition.
The appeal lies in its balanced profile. It’s a move-in ready, modern home in a mature neighborhood, offering more space than many newer infill properties without the maintenance concerns of an older house. The lot size is standard for the area, providing manageable outdoor space. It would particularly suit buyers looking for a "goldilocks" property—not the largest on the block, but one that is newer, spacious, and carries a solid, above-average valuation. It’s ideal for growing families or professionals seeking a established community with modern home comforts and a history of value appreciation.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home last sold between $400k-$450k in April 2016. Its current assessed value of $576k suggests significant appreciation. For exact, verified sale prices of this and comparable properties, you can request a manual lookup via email from the site.
2. Is the living space larger than most homes in Winnipeg?
Yes. At 1,780 sqft, it is above average for Winnipeg (top 18%), and notably larger than the typical home in the River Park South neighborhood.
3. What does the "Elite" ranking for year built mean?
This indicates 47 Higham Bay is one of the newest homes on its street (ranked #1 out of 34, top 3%). It was built in 2007, while the average comparable home on the street was also built in 2007, meaning it is a benchmark property for modernity on Higham Bay.
4. The assessed value seems high for the street. Why?
The assessed value ($576k) is above the street average ($538.7k), ranking 6th highest out of 34 homes. This suggests the property is perceived by assessors to have premium features, condition, or positioning relative to its immediate neighbors.
5. How does the lot size compare?
The 4,827 sqft lot is around average for Higham Bay, River Park South, and Winnipeg. It offers standard suburban outdoor space without being overly large or too small for the home’s footprint.
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