61.1
Fair
Property score
61.1
Fair
Overall 61.1
Smaller and older than most nearby homes
960 sqft (bottom 15%)
Built in 1979 (11 yrs older than avg)
Located in a above-average income area
with median household income of ~86k
Transit 74.0
5-min walk to transit with 2 nearby routes
Within 500m: 1 school, 3 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 79%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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61.1 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: #46110495
$86K
Median household income
$98K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
31%
Single-person households
22%
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 Strand Circle — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 352 m), 3 parks (nearest 151 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 5% | Bottom 5% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 51 Strand Circle, River Park South, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home presents a practical entry point into Winnipeg's established River Park South neighborhood. Its key characteristic is a below-average living area of 960 sqft, making it one of the more compact options on its street and in the wider area. Built in 1979, it is typical for its immediate block but is among the older homes in this particular neighborhood. The lot size is also modest relative to area norms.
The primary appeal lies in its financial accessibility. With an assessed value of $331k, it sits below the average for both its street and neighborhood, offering a lower property tax base and a potentially more affordable purchase price in a stable, family-oriented area. Its last known sale was between $250k-$300k in 2016. This value positioning, combined with the mature community setting, makes it a candidate for value-conscious buyers. It would suit first-time homeowners, downsizers seeking a manageable footprint, or investors looking for a lower-entry rental property in a reliable suburb. A thoughtful perspective is that this home may offer the chance to live on a desirable street or in a preferred school catchment at a lower cost than larger homes nearby, prioritizing location over size.
Frequently Asked Questions
1. Is this home significantly smaller than others in the area?
Yes. At 960 sqft, the living area is below the average for the street (1,097 sqft), the neighborhood (1,410 sqft), and the city overall. It is a compact, efficiently sized property.
2. Why is the assessed value lower than many neighbors?
The assessed value of $331k is below the street and neighborhood averages. This typically reflects the home's smaller size, older age relative to many area homes, and potentially its condition or features as assessed for tax purposes. It results in a comparatively lower property tax bill.
3. What does the sold price history indicate?
Public records show it last sold in late 2016 for an estimated $250,000-$300,000. This historical data places that sale price in the top tier for the street and area at that time, indicating it has been a competitively priced property.
4. How does the lot size compare?
The lot is 4,018 sqft, which is around average for Strand Circle but below the broader neighborhood average. It provides a standard suburban yard for the immediate area.
5. How can I get the exact historical sale prices?
The displayed sold prices are estimates from public data. To obtain verified, exact sale figures and a full transaction history, you must request a manual lookup from the site via email, as MLS data is not published here.
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