47 Islington Court

River Park South, Winnipeg

Property score

88.4

Excellent

Overall 88.4 · Larger and newer than most nearby homes

1,789 sqft (top 19%) · Built in 2014 (24 yrs newer than avg)

Located in a high-income area with median household income of ~160k

Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

27% larger than neighborhood avg.

Year Built

Above average

24 yrs newer than neighborhood avg.

Mother tongue

English · 64%Chinese · 3%

Past 10 years River Park South sales snapshot (~80% of all data)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

88.4 is composed by the two sections below.

Property Score

87.0Excellent
Living Area1,789 sqft86Excellent
Year Built201494Excellent
Lot Size6,866 sqft85Excellent
Neighbourhood Sales Activity76Good

Community Score

90.5Excellent
Household Income95Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111259

Community deep dive

$160K

Median household income

$164K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

3%

Single-person households

70%

Families with children

Population, labour & age

Population (2021)574
Labour force participation rate71%
Median age32.4
Avg household size3.8
Unemployment rate3%
Population density5218 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households3%
Couple families with children70%
Median household income (2020)$160K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$464K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority46%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Chinese · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,789 sqft
0255075100
Same streetTop 50%Same areaTop 19%CitywideTop 18%
Same street · Islington Court
#9 / 18
Top 50% · Avg 1,757 sqft
Same area · River Park South
#691 / 3,617
Top 19% · Avg 1,410 sqft
Citywide · Winnipeg
#34,273 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
551k
0255075100
Same streetTop 44%Same areaTop 15%CitywideTop 13%
Same street · Islington Court
#8 / 18
Top 44% · Avg 544.3k
Same area · River Park South
#534 / 3,617
Top 15% · Avg 447.2k
Citywide · Winnipeg
#24,459 / 194,458
Top 13% · Avg 390.1k

Year Built

Elite
2014
0255075100
Same streetTop 11%Same areaTop 3%CitywideTop 8%

Lot Size

above average
6,866 sqft
0255075100
Same streetTop 22%Same areaTop 14%CitywideTop 18%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

47 Islington Court — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 386 m).

Search radius
🌳Parks1

Crime & Safety

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%

Sales History

Sold 8/2020CA$450k–500k
Sold price

Same street

Bottom 40%

Same area

Top 24%

City-wide

Top 21%
Sold 10/2016CA$400k–450k
Sold price

Same street

Bottom 20%

Same area

Top 30%

City-wide

Top 24%

Related homes

Highlights & common questions: 47 Islington Court, Winnipeg

Property Overview: 47 Islington Court, River Park South, Winnipeg

Key Characteristics & Appeal

This 2014-built home in River Park South presents a balanced, above-average offering in several key areas. With 1,789 sqft of living space, it sits comfortably above both neighborhood and city averages, providing ample room without being oversized. Its assessed value of $551k follows a similar pattern—positioned around the average for its immediate street but ranking within the top 15% of its neighborhood, suggesting a perceived quality and desirability that outpaces many local comparables.

The appeal lies in its modern build year, which is notably newer than most homes in River Park South, potentially translating to fewer immediate maintenance concerns and more contemporary building standards. The lot size of 6,866 sqft is a significant asset, offering generous outdoor space that is above average for the area. This combination of a newer home on a larger lot in a well-established neighborhood is a compelling package.

This property would suit buyers seeking a move-in ready, modern family home in a mature suburb. It’s ideal for those who value space, both indoors and out, and appreciate a home that stands above neighborhood norms in terms of size, age, and value. It represents a solid, middle-to-upper tier option within its community, avoiding the extremes of either the most modest or the most luxurious listings.


Frequently Asked Questions

How accurate are the sold price ranges shown?
The listed price ranges (e.g., CA$450k–500k) are based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.

What does it mean that the assessed value is "above average" for the neighborhood but "around average" for the street?
This indicates the home is a strong performer within the broader River Park South area, but is among peers of similar caliber on Islington Court itself. It suggests the immediate street is a desirable pocket with consistently higher-value homes.

As a 2014 build, what are the potential maintenance considerations?
While newer than most area homes, it is now a decade old. Key systems (roof, HVAC, appliances) may be approaching mid-life, so a thorough inspection is still advised, though major structural issues are less likely than with an older home.

How does the lot size compare to typical Winnipeg lots?
At 6,866 sqft, the lot is larger than the Winnipeg average for comparable homes (~6,570 sqft) and significantly larger than the River Park South average (~5,447 sqft). This is one of the property's standout features.

Who provides the definitive data on this property's history?
This summary uses aggregated public data. For authoritative information on transaction history, legal details, or exact specifications, consulting a real estate professional or the municipal assessment authority is recommended.

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