69.4
Good
Property score
69.4
Good
Overall 69.4
Older than most nearby homes
1,208 sqft (bottom 40%)
Built in 1982 (8 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 1 school, 1 shop, 2 parks, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
14% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 61%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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69.4 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: #46110492
$83K
Median household income
$84K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
34%
Single-person households
19%
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 John Forsyth Road — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 117 m), 1 shopping (nearest 499 m), 2 parks (nearest 208 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 | Bottom 25% | Bottom 10% | Bottom 34% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 7% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 50 John Forsyth Road, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,208 sqft bungalow, built in 1982, presents a practical opportunity in Winnipeg's River Park South neighborhood. Its primary appeal lies in its value positioning. With an assessed value of $301k, it sits notably below the averages for both its immediate street ($397k) and neighborhood ($447k). This suggests a potentially lower property tax burden and an accessible entry point into a well-established area.
The home suits first-time buyers or downsizers seeking a manageable, single-level layout without a premium price tag. Its living area is competitive for the street, offering functional space. A thoughtful perspective is that the smaller, 2,619 sqft lot, while below area norms, translates to less yard maintenance—an advantage for those seeking a low-upkeep lifestyle. The property’s consistent sale history within the $250k-$300k range in 2017 and 2020 indicates a stable, predictable market value. It’s a home for those prioritizing financial efficiency and neighborhood stability over size or modern construction, offering a chance to build equity in a mature community.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
While assessed value is for municipal tax purposes, this home's assessment is consistently below local averages. Market conditions ultimately set the price, but this can indicate a relatively lower cost base for property taxes.
2. How does the smaller lot size impact living here?
The lot is significantly smaller than most in River Park South. This limits expansive outdoor space but reduces maintenance time and cost. It may also mean closer proximity to neighbors.
3. The home is older than many on the street. Should I be concerned?
Built in 1982, it is a few years older than the immediate area's average. This is typical for the city overall. A thorough inspection is key to understand the condition of major systems like roof, windows, and plumbing, which may be due for updates.
4. What does the sold price history tell us?
It last sold between $250k-$300k in 2020, and in the same range in 2017. This shows price stability in recent years, without dramatic appreciation, which can be appealing for buyers seeking a measured market.
5. How can I get the exact past sold prices for this home?
The provided data shows price ranges. Due to industry rules, exact sale figures are not published online here. You can request the precise transaction history by emailing the site directly for a manual lookup.
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