Property score
56.3
Fair
Overall 56.3 · Smaller than most nearby homes
888 sqft (bottom 9%) · Built in 1985 (5 yrs older than avg)
Located in a above-average income area with median household income of ~80k
Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 1 bank/ATM nearby
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 68%French · 7%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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56.3 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: #46111008
$80K
Median household income
$84K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
32%
Single-person households
20%
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
50 Elsbury Bay — 9 amenities found within 500 m, across 5 categories, including 1 dining (nearest 364 m), 1 healthcare (nearest 79 m), 1 shopping (nearest 259 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 | Top 47% | Bottom 29% | Bottom 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 50 Elsbury Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1985-built home in River Park South presents a practical and affordable entry point into a well-established Winnipeg neighborhood. With 888 square feet of living space on a 3,613 sqft lot, its scale is modest, ranking below area averages for size. This very characteristic defines its core appeal: it’s a manageable, lower-maintenance property with a correspondingly accessible price point, as reflected in its $343k assessed value which sits below the neighborhood average but aligns with the citywide median.
The home’s appeal lies in its efficiency and location. It suits first-time buyers seeking a foothold in a mature community without the upkeep of a larger property, or investors looking for a relatively recent vintage rental property (1985 is newer than the Winnipeg average). A thoughtful perspective is that its "below-average" size and lot, when compared to the immediate area, actually translate to lower utility costs and less yard work, offering a lifestyle of simplicity. It’s a property for those who prioritize financial accessibility and pragmatic living over spaciousness.
Section 2: Frequently Asked Questions
1. Is this a small house for the area?
Yes. The living area is notably below the River Park South neighborhood average (1,410 sqft), placing it in the top 91% for being smaller. This indicates a more compact home compared to many in the immediate area.
2. How does its value compare?
Its $343k assessment is below the River Park South average ($447.2k) but very close to the Winnipeg citywide average ($390.1k). This suggests you are paying a premium for the neighborhood, but getting a property valued in line with the broader market.
3. What is the likely sold price?
Based on sold data from late 2023, it transacted in the CA$300k–350k range. For the exact historical sold price, you must request a manual lookup from the site via email.
4. Is the lot size a constraint?
The lot is smaller than most on the street and in the neighborhood. This limits expansive outdoor space but reduces maintenance. It’s a trade-off that contributes to the home’s affordability.
5. How does its age compare?
Built in 1985, it is typical for its street and neighborhood, but is actually newer than the average Winnipeg home (1966). This can be an advantage, potentially meaning fewer major component replacements than in much older city homes.
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