47 Trowbridge Bay

River Park South, Winnipeg

Property score

70.7

Good

Overall 70.7 · Compared with neighbourhood average

1,131 sqft (bottom 35%) · Built in 1985 (5 yrs older than avg)

Located in a high-income area with median household income of ~94k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Near average

5 yrs older than neighborhood avg.

Mother tongue

English · 63%French · 9%

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

70.7 is composed by the two sections below.

Property Score

63.4Fair
Living Area1,131 sqft60Fair
Year Built198573Good
Lot Size4,937 sqft60Fair
Neighbourhood Sales Activity76Good

Community Score

81.6Excellent
Household Income82Excellent
Education Level82Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health68Good

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: #46110500

Community deep dive

$94K

Median household income

$104K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

25%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)928
Labour force participation rate66%
Median age38.0
Avg household size2.5
Unemployment rate7%
Population density4034 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households25%
Couple families with children29%
Median household income (2020)$94K

Housing

Renter households21%
Condominium dwellings16%
Median dwelling value (owners)$356K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority20%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 63%
Mother tongue (2nd)French · 9%

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

Rankings

Living Area

around average
1,131 sqft
0255075100
Same streetBottom 41%Same areaBottom 35%CitywideBottom 43%
Same street · Trowbridge Bay
#22 / 37
Bottom 41% · Avg 1,273 sqft
Same area · River Park South
#2,333 / 3,617
Bottom 35% · Avg 1,410 sqft
Citywide · Winnipeg
#110,855 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

around average
383k
0255075100
Same streetBottom 35%Same areaBottom 27%CitywideTop 43%
Same street · Trowbridge Bay
#24 / 37
Bottom 35% · Avg 408.9k
Same area · River Park South
#2,645 / 3,617
Bottom 27% · Avg 447.2k
Citywide · Winnipeg
#83,630 / 194,458
Top 43% · Avg 390.1k

Year Built

Elite
1985
0255075100
Same streetTop 3%Same areaTop 45%CitywideTop 29%

Lot Size

around average
4,937 sqft
0255075100
Same streetBottom 35%Same areaBottom 44%CitywideBottom 42%

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 Trowbridge Bay — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 183 m), 1 education (nearest 318 m), 1 parks (nearest 439 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks1
Fuel Stations1
Worship2

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 3/2021CA$350k–400k
Sold price

Same street

Top 43%

Same area

Bottom 48%

City-wide

Top 38%
Sold 7/2017CA$250k–300k
Sold price

Same street

Bottom 14%

Same area

Bottom 11%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 47 Trowbridge Bay, Winnipeg

Property Overview: 47 Trowbridge Bay, Winnipeg

Key Characteristics & Appeal

This home presents a solid, middle-of-the-road offering in Winnipeg's River Park South neighborhood. Its key characteristic is balance: at 1,131 sqft with a 1985 build year and a $383k assessed value, it consistently ranks as "around average" in most metrics when compared to its street, area, and the wider city. This isn't a standout luxury property or a fixer-upper, but a well-positioned, typical family home.

The appeal lies in its stability and established context. Notably, it is the newest home on its street (ranking in the top 3%), suggesting potentially fewer age-related issues than immediate neighbors. While its living space is modest, its assessed value is below the neighborhood average, which could indicate relative value within River Park South. The lot size is also slightly below the street average, implying a manageable yard. It would suit pragmatic, first-time buyers or downsizers looking for a move-in-ready home in a mature suburb without surprises. It's for those who prioritize a sound, community-anchored property over premium size or luxury finishes.

Frequently Asked Questions

1. Is this home a good value compared to others in River Park South?
The data suggests it might be. The home's assessed value is below the neighborhood average, while its living area is only slightly below average. This could indicate a favorable value proposition within the area, though final market price will depend on condition and updates.

2. How does the 1985 build year affect the home?
Being the newest on its street is a positive, likely meaning major components like the roof, windows, or furnace are from a later vintage than many neighbors. However, a home of this age will still require due diligence on these systems, as they are within or beyond a typical lifespan.

3. The lot is noted as slightly smaller than the street average. Is that a significant drawback?
This depends on preference. A smaller lot means less yard maintenance, which many buyers appreciate. It doesn't necessarily mean a lack of outdoor space, but it does suggest the property is more home-focused than land-focused.

4. What can the past sale prices tell me?
The home sold in 2017 and 2021. The price percentiles show it sold in a higher bracket relative to the area in 2017 (Top 89%) and a more average one in 2021 (Top 52%). This trajectory is worth exploring with a real estate professional to understand local market shifts.

5. How accurate is this assessed value for determining market price?
Assessed value is for municipal tax purposes and is a lagging indicator. It provides a useful benchmark for comparison, as seen in the data, but the final market price is determined by current conditions, buyer demand, and the home's specific state. Always use it as one data point among many.

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