47 Karen Irvine Crescent

River Park South, Winnipeg

Property score

92.7

Excellent

Overall 92.7 · Larger and newer than most nearby homes

2,142 sqft (top 7%) · Built in 2019 (29 yrs newer than avg)

Located in a high-income area with median household income of ~141k

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

Living Area

Above average

52% larger than neighborhood avg.

Year Built

Above average

29 yrs newer than neighborhood avg.

Mother tongue

English · 61%French · 5%

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

92.7 is composed by the two sections below.

Property Score

93.6Excellent
Living Area94
2,142 sqftExcellent
Year Built97
2019Excellent
Lot Size93
8,377 sqftExcellent
Neighbourhood Sales Activity76
Good

Community Score

91.3Excellent
Household Income93
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

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: #46111261

Community deep dive

$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

Population, labour & age

Population (2021)1,363
Labour force participation rate75%
Median age36.8
Avg household size3.3
Unemployment rate5%
Population density1975 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households9%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households3%
Condominium dwellings8%
Median dwelling value (owners)$496K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority40%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 60%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

above average
2,142 sqft
0255075100
Same streetTop 38%Same areaTop 7%CitywideTop 8%
Same street · Karen Irvine Crescent
#10 / 26
Top 38% · Avg 1,975 sqft
Same area · River Park South
#246 / 3,617
Top 7% · Avg 1,410 sqft
Citywide · Winnipeg
#14,835 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
655k
0255075100
Same streetTop 15%Same areaTop 2%CitywideTop 5%
Same street · Karen Irvine Crescent
#4 / 26
Top 15% · Avg 589.2k
Same area · River Park South
#90 / 3,617
Top 2% · Avg 447.2k
Citywide · Winnipeg
#10,056 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 8%Same areaTop 1%CitywideTop 4%

Lot Size

above average
8,377 sqft
0255075100
Same streetTop 8%Same areaTop 7%CitywideTop 10%

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 Karen Irvine Crescent — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 448 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 6/2019CA$500k–550k
Sold price

Same street

Top 25%

Same area

Top 10%

City-wide

Top 11%

Related homes

Highlights & common questions: 47 Karen Irvine Crescent, Winnipeg

Property Overview: 47 Karen Irvine Crescent, Winnipeg

Key Characteristics & Appeal

This home presents a compelling blend of space, modernity, and established value in Winnipeg's River Park South neighborhood. Built in 2019, it is a notably newer property compared to most homes in the area and across the city. Its primary appeal lies in its generous proportions: at over 2,140 square feet, the living area is significantly larger than neighborhood and city averages, and it sits on a substantial lot that is well above the norm for its street. The assessed value of $655,000 reflects its elite standing, ranking in the top 5% city-wide and top 2% within River Park South.

This property would best suit buyers looking for a move-in ready, modern home without sacrificing yard space—a combination that can be rare in newer subdivisions. It appeals to those who value a strong investment profile, as its metrics consistently outperform local benchmarks. The data suggests it’s a home for someone seeking above-average room to grow, in a neighborhood where it stands out for its recent construction and premium valuation.

Frequently Asked Questions

1. How does this home’s value compare to what it last sold for?
The home sold in June 2019 for a price between $500,000 and $550,000. Its current assessed value of $655,000 indicates significant appreciation, reflecting market trends and the property's desirable characteristics.

2. Is the lot size typical for the area?
No, the lot is a key feature. At over 8,300 square feet, it is substantially larger than the average lot on Karen Irvine Crescent and in the wider River Park South neighborhood, offering more outdoor space than most comparable properties.

3. What does the "Elite" ranking for assessed value mean?
This ranking indicates the home’s assessed value is higher than 95% of comparable properties across Winnipeg and 98% within River Park South. It signals a premium market position, often associated with newer builds, larger size, and desirable locations.

4. Are there many other homes this new in the neighborhood?
Very few. With a 2019 build year, this home is newer than 99% of properties in River Park South, where the average home was built around 1990. It offers modern construction and systems in an established community.

5. Where can I verify the exact historical sale price?
The provided sale price is an estimate from public data. For fully verified and exact sale figures, you must request a manual lookup from the site, which they will provide via email, as MLS records are not displayed directly.