52 Farnsworth Crescent

River Park South, Winnipeg

Property score

93.5

Excellent

Overall 93.5 · Larger and newer than most nearby homes

2,530 sqft (top 1%) · Built in 2008 (18 yrs newer than avg)

Located in a high-income area with median household income of ~131k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Above average

79% larger than neighborhood avg.

Year Built

Above average

18 yrs newer than neighborhood avg.

Mother tongue

English · 67%French · 6%

Past 10 years River Park South sales snapshot (~80% of all data)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

93.5 is composed by the two sections below.

Property Score

95.3Excellent
Living Area98
2,530 sqftExcellent
Year Built90
2008Excellent
Lot Size98
13,214 sqftExcellent
Neighbourhood Sales Activity76
Good

Community Score

90.7Excellent
Household Income92
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health90
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110501

Community deep dive

$131K

Median household income

$142K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

2.9

P90 / P10 ratio

11%

Single-person households

49%

Families with children

Population, labour & age

Population (2021)1,135
Labour force participation rate74%
Median age38.4
Avg household size3.2
Unemployment rate4%
Population density3242 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households11%
Couple families with children49%
Median household income (2020)$131K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$420K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority29%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,530 sqft
0255075100
Same streetTop 15%Same areaTop 1%CitywideTop 3%
Same street · Farnsworth Crescent
#8 / 53
Top 15% · Avg 2,253 sqft
Same area · River Park South
#25 / 3,617
Top 1% · Avg 1,410 sqft
Citywide · Winnipeg
#5,228 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
901k
0255075100
Same streetTop 11%Same areaTop 1%CitywideTop 1%
Same street · Farnsworth Crescent
#6 / 53
Top 11% · Avg 688.5k
Same area · River Park South
#6 / 3,617
Top 1% · Avg 447.2k
Citywide · Winnipeg
#2,897 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2008
0255075100
Same streetBottom 34%Same areaTop 12%CitywideTop 13%

Lot Size

Elite
13,214 sqft
0255075100
Same streetTop 4%Same areaTop 1%CitywideTop 3%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

52 Farnsworth Crescent — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 360 m), 1 parks (nearest 150 m).

Search radius
🏫Education1
🌳Parks1

Crime & Safety

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%

Sales History

Sold 7/2023CA$900k–950k
Sold price

Same street

Top 6%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 52 Farnsworth Crescent, Winnipeg

Property Overview

This home at 52 Farnsworth Crescent in Winnipeg's River Park South neighborhood stands out for its substantial size and premium lot. Built in 2008, its primary appeal lies in offering significantly more space—both indoors and out—than most homes in the city. With over 2,500 square feet of living area on a 13,200+ square foot lot, it provides room to grow and privacy that is increasingly rare in newer subdivisions. The property’s assessed value places it firmly in the top tier locally, reflecting its elite standing within the broader market.

This home is ideally suited for buyers who prioritize space and established neighborhoods over a brand-new build. It appeals to growing families needing multiple bedrooms and recreational space, or to those who value a large yard for gardening, pets, or outdoor entertaining. It’s also a strong fit for value-conscious buyers seeking a property with metrics that outperform the vast majority of the market, offering a combination of modern construction (post-2000) and generous proportions that are hard to replicate today.

Key Questions & Considerations

How does the lot size compare to newer homes?
The land area is a key feature, ranking in the top 4% on its own street and top 1% in River Park South. At over 13,000 sqft, it is nearly double the street average and significantly larger than typical lots in many newer Winnipeg communities, offering greater privacy and potential.

Is the home’s value consistent with recent sales?
The home sold in July 2023 for between $900,000 and $950,000, which aligns with its current assessed value of $901,000. This suggests the valuation is grounded in a recent market transaction, though for exact historical figures, a manual records check is recommended.

What does the "Elite" ranking for living area mean?
With 2,530 sqft of living space, this home is larger than 99% of homes in River Park South and 97% of homes city-wide. This indicates exceptional interior space for the area, often translating to more bedrooms, larger common areas, or enhanced layout flexibility.

How does the year built affect its appeal?
Built in 2008, the home is newer than about 87% of Winnipeg homes but is around the average age for its street. This positions it as a modern home without being part of the latest construction wave, potentially meaning more mature landscaping and settled infrastructure.

Who might this property not suit?
Given its size and value, it may not suit first-time buyers or those seeking a low-maintenance property. The larger lot requires more upkeep, and the premium price and operating costs are geared towards buyers looking for a long-term family home rather than a starter property or compact living.