55.3
Fair
Property score
55.3
Fair
Overall 55.3
Smaller and older than most nearby homes
800 sqft (bottom 2%)
Built in 1978 (12 yrs older than avg)
Located in a high-income area
with median household income of ~90k
Transit 68.0
3-min walk to transit with 1 nearby route
Within 500m: 3 schools, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
43% smaller than neighborhood avg.
Year Built
Below average
12 yrs older than neighborhood avg.
Mother tongue
English · 66%Chinese · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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55.3 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: #46111007
$90K
Median household income
$92K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
23%
Single-person households
27%
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
52 Rillwillow Place — 4 amenities found within 500 m, across 2 categories, including 3 education (nearest 129 m), 1 parks (nearest 386 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 | Top 7% | Bottom 34% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
52 Rillwillow Place is a compact, single-family home in Winnipeg's River Park South neighborhood. Built in 1978, it features 800 square feet of living space on a 2,922 square foot lot. With an assessed value of $314,000, it recently sold within the $300,000–$350,000 range.
This home presents a specific value proposition. Its primary appeal lies in its price point, which is notably below the neighborhood average, offering an accessible entry into a well-established area. The house is one of the older homes on its street, which can suggest a more settled streetscape with mature landscaping. While its living space and lot size are compact compared to most homes in River Park South and city-wide, this translates to lower maintenance and utility costs—a significant consideration for budget-conscious buyers.
It would suit first-time homebuyers seeking affordability in a family-oriented neighborhood, or investors looking for a manageable rental property. The data suggests it’s not a "fixer-upper" priced for a major renovation play, as its assessed value is in line with its immediate street. Instead, its value is straightforward: a modest, no-frills home in a desirable location where many other properties command a higher price.
1. Is the below-average living area a major drawback?
It depends on your needs. For a single person, couple, or small family, 800 sqft can be sufficient and efficient. The trade-off is the lower purchase price and ongoing cost savings compared to larger homes in the area.
2. Why is the assessed value around the city average but below the neighborhood average?
This highlights the character of River Park South, which generally has larger, newer, and higher-value homes than much of Winnipeg. This property offers a chance to live in that neighborhood at a price closer to the Winnipeg median.
3. What does the "older home on the street" ranking mean?
Built in 1978, it's older than most on its street, but the street's average build year is also 1978. This indicates the home is original to the area, potentially surrounded by similar vintage homes, with a few newer builds influencing the average.
4. How reliable are the sold price and comparable listings shown?
The sold price range is based on public data, not the MLS. For fully verified, exact transaction figures, you must request a manual lookup from the site via email, as explained in the data disclaimer.
5. The lot is smaller than average. Is there room for expansion or a large garden?
At just under 3,000 sqft, the lot is compact. While it allows for a yard, significant expansions or additions may be limited by space and zoning bylaws. It's best suited for those who prefer minimal outdoor upkeep.
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