65.3
Good
Property score
65.3
Good
Overall 65.3
Smaller and older than most nearby homes
936 sqft (bottom 14%)
Built in 1981 (9 yrs older than avg)
Located in a high-income area
with median household income of ~103k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 2 parks, 1 sports facility, 1 fuel station, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 69%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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65.3 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: #46110497
$103K
Median household income
$118K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
14%
Single-person households
37%
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
51 Grimsby Place — 6 amenities found within 500 m, across 4 categories, including 2 parks (nearest 124 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 1% | Bottom 19% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 51 Grimsby Place, River Park South, Winnipeg
Key Characteristics & Buyer Appeal
This 936 sqft bungalow, built in 1981, sits on a 5,255 sqft lot in the established River Park South neighborhood. Its key characteristic is its position as a more modest and affordable entry point within its immediate context. The home's living area is notably smaller than most on its street and in the wider neighborhood, which is reflected in its assessed value of $383k—below the local averages but aligning closely with the Winnipeg citywide benchmark.
The appeal lies in its value proposition. For the price, a buyer gains a solid-sized lot in a mature area with a home that is actually one of the newer builds on its specific street. It suits first-time buyers, downsizers, or investors seeking a lower-priced foothold in a stable suburban community without the premium of a larger, updated home. A thoughtful perspective is that this property may offer less competition and more negotiation room than "average" priced homes in the area, representing a practical, no-frills starting point. Its citywide value ranking (Top 43%) suggests it's priced appropriately for a Winnipeg home, even if it's modest for its own neighborhood.
Frequently Asked Questions
1. Is this home significantly smaller than others nearby?
Yes. At 936 sqft, the living area is below the average for Grimsby Place (1,462 sqft) and the River Park South neighborhood (1,410 sqft).
2. How does the assessed value compare?
The $383k assessment is below the street and neighborhood averages but is very close to the citywide average for Winnipeg, indicating it's a typically priced home for the city, just in a higher-value local area.
3. When was it last sold and for how much?
Records show it sold between June and July of 2017 for a price in the range of $300,000 to $350,000. Exact sale figures require a manual lookup from the provider.
4. What is the lot size like?
The 5,255 sqft lot is slightly below average for the street but is very typical for the River Park South neighborhood overall.
5. How does the year built compare?
Built in 1981, it is actually one of the newer homes on its street, which has an average build year of 1981. It is slightly older than the neighborhood average (1990).
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