Property score
82.4
Excellent
Overall 82.4 · Newer than most nearby homes
1,428 sqft (top 46%) · Built in 2008 (18 yrs newer than avg)
Located in a high-income area with median household income of ~131k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby
Living Area
Near average
1% 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)
1,302
451k
$355/sqft
1990
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82.4 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: #46110501
$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
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
53 Michaud Crescent — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 454 m), 2 parks (nearest 285 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 50% | Top 22% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This well-situated home at 53 Michaud Crescent in River Park South presents a practical and comfortable living option. Built in 2008, it is notably newer than many homes in its immediate area and across Winnipeg, suggesting modern construction standards and potentially lower near-term maintenance. The property sits on a generous 5,054 sqft lot and features a renovated basement and an attached garage. With 1,428 sqft of living space, it offers a balanced footprint for a growing family or those seeking single-level living. Its appeal lies in this combination of relative modernity, established neighbourhood amenities, and the value-add of a finished lower level. It would suit first-time buyers looking for a move-in-ready home in a mature community, or downsizers wanting a manageable one-storey layout without compromising on lot size or indoor space.
A thoughtful perspective is its "middle ground" positioning. It isn't the largest or smallest home on the street, but its newer build date provides a distinct advantage over many direct comparables. The renovated basement immediately adds functional space without the need for a future project. This home is for the buyer who values a quiet, established neighbourhood but prefers the benefits of a 21st-century build.
Frequently Asked Questions
How does this home's age compare to others nearby?
At 18 years old (built in 2008), this home is significantly newer than most in the area. It ranks in the top 6% for year built on its own street and the top 15% citywide, meaning you're getting one of the newer properties in a mature neighbourhood.
Is the lot size typical for the area?
Yes. The 5,054 sqft lot is above average, ranking in the top 26% on Michaud Crescent. It offers ample outdoor space compared to many properties, which is a valuable asset in an established community.
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to request from the listing agent, as it could range from a basic rec room to include additional bedrooms or a legal suite.
How does the assessed value relate to the last sale price?
The home was last sold in July 2021 for $46.70k and is now assessed at $51.70k. It's important to discuss current market conditions with your agent, as assessed value is for municipal tax purposes and the sale price will be determined by the present market.
What is the neighbourhood like for families?
River Park South is a long-established, family-oriented neighbourhood in Winnipeg. It typically offers a mix of residential streets, local parks, schools, and convenient access to major routes and amenities, contributing to its consistent popularity.
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