86.3
Excellent
Property score
86.3
Excellent
Overall 86.3
Newer than most nearby homes
1,587 sqft (top 36%)
Built in 2013 (23 yrs newer than avg)
Located in a high-income area
with median household income of ~158k
Transit 74.0
4-min walk to transit with 2 nearby routes
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
13% larger than neighborhood avg.
Year Built
Above average
23 yrs newer than neighborhood avg.
Mother tongue
English · 62%French · 9%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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86.3 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: #46111260
$158K
Median household income
$152K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
3%
Single-person households
71%
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
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 1% | Top 43% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 50 Elsey Road, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,587 sqft home, built in 2013, presents a solid, modern offering in the River Park South neighborhood. Its primary appeal lies in its balanced positioning: it’s a newer, well-sized home on a generous lot, situated in an established area. While its living space is typical for its immediate street, it stands above the Winnipeg average. The lot size of over 6,000 sqft is notably larger than most on Elsey Road, offering valuable outdoor space.
The home’s assessed value of $508k is above average for both the neighborhood and the city, suggesting it is a substantial property within its market, though it sits below the average for its specific street. This creates an interesting dynamic—it’s a premium property in the broader context but may represent a relative value point on its own block. It would suit buyers seeking a low-maintenance, modern build from the 2010s without sacrificing yard space, and who value being in a mature suburban community like River Park South. It’s ideal for those who prioritize a move-in ready home with room to grow, over a custom, top-of-the-line finish compared to its immediate neighbors.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others on the street?
The home’s assessed value is below the average for Elsey Road. This could indicate a different layout, finish level, or simply market variability. It’s important to view the property in person to understand this difference.
2. Is the lot size a significant advantage?
Yes. The lot is the largest among the 13 comparable homes on Elsey Road, providing more private outdoor space than is typical for the street—a valuable and less replaceable feature than interior finishes.
3. The home sold in 2016. What was the exact price?
The public data shows a sold price range of $400k-$450k for July 2016. For fully verified and exact historical sale figures, you must request a manual lookup via email, as this site does not display proprietary MLS records.
4. How does the "year built" ranking affect the home?
Built in 2013, the home is newer than 96% of comparable properties in River Park South. This suggests potentially lower immediate costs for major updates (like roofing or HVAC) and modern building standards compared to much of the existing housing stock in the area.
5. What does it mean that the living area is "around average" for the neighborhood?
With 1,587 sqft, the home provides ample space that is very much in line with the River Park South average (1,410 sqft). It’s a comfortably sized family home, not an outlier, which can be beneficial for both livability and long-term resale appeal.
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