54 Alburg Drive

River Park South, Winnipeg

Property score

79.3

Good

Overall 79.3 · Older than most nearby homes

1,620 sqft (top 31%) · Built in 1981 (9 yrs older than avg)

Located in a high-income area with median household income of ~96k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 parks, 1 sports facility, and 2 fuel stations nearby

Living Area

Near average

15% larger than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 66%French · 3%

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

79.3 is composed by the two sections below.

Property Score

79.3Good
Living Area1,620 sqft83Excellent
Year Built198173Good
Lot Size5,826 sqft74Good
Neighbourhood Sales Activity76Good

Community Score

79.4Good
Household Income83Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need76Good
Employment Health76Good

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: #46111153

Community deep dive

$96K

Median household income

$99K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

18%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)956
Labour force participation rate72%
Median age37.2
Avg household size2.6
Unemployment rate8%
Population density4156 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households18%
Couple families with children33%
Median household income (2020)$96K

Housing

Renter households41%
Condominium dwellings4%
Median dwelling value (owners)$364K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority40%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 66%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
1,620 sqft
0255075100
Same streetTop 35%Same areaTop 31%CitywideTop 24%
Same street · Alburg Drive
#27 / 77
Top 35% · Avg 1,438 sqft
Same area · River Park South
#1,111 / 3,617
Top 31% · Avg 1,410 sqft
Citywide · Winnipeg
#47,279 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
483k
0255075100
Same streetTop 6%Same areaTop 32%CitywideTop 23%
Same street · Alburg Drive
#5 / 77
Top 6% · Avg 422.7k
Same area · River Park South
#1,140 / 3,617
Top 32% · Avg 447.2k
Citywide · Winnipeg
#43,978 / 194,458
Top 23% · Avg 390.1k

Year Built

around average
1981
0255075100
Same streetBottom 42%Same areaBottom 22%CitywideTop 33%

Lot Size

above average
5,826 sqft
0255075100
Same streetTop 48%Same areaTop 27%CitywideTop 36%

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

54 Alburg Drive — 5 amenities found within 500 m, across 3 categories, including 2 parks (nearest 247 m).

Search radius
🌳Parks2
💪Sports1
Fuel Stations2

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 10/2024CA$400k–450k
Sold price

Same street

Top 22%

Same area

Top 34%

City-wide

Top 27%

Related homes

Highlights & common questions: 54 Alburg Drive, Winnipeg

Property Overview: 54 Alburg Drive, Winnipeg

Key Characteristics & Buyer Appeal

This 1,620 sqft home on a 5,826 sqft lot in River Park South presents a solid, above-average offering within the Winnipeg market. Built in 1981, its primary appeal lies in its established, spacious footprint and strong value positioning. The home’s assessed value of $483k ranks well above average for its street and city-wide, suggesting a perception of quality and desirability in its immediate locale. While its living area is typical for the neighborhood, it offers more space than the average Winnipeg home. The lot size is generous for River Park South, providing above-average outdoor space for the area.

The home would suit practical buyers looking for space and stability in a mature neighborhood. It’s ideal for those who prioritize a larger lot and interior square footage over a newer build, and for value-conscious buyers who appreciate a home that stands out positively on its street in terms of assessed value. It represents a sensible choice for someone wanting a home that outperforms city averages without being the most expensive property in the area.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,620 sqft, the living area is very close to the average for both Alburg Drive and the wider River Park South neighborhood. However, it is notably larger than the average for the entire city of Winnipeg.

2. The assessed value seems high for the street. What does that indicate?
The assessed value of $483k ranks in the top 6% on Alburg Drive. This typically suggests the property has features, condition, or improvements that municipal assessors believe give it a higher value than most of its immediate neighbors, which could be a positive for equity.

3. Is the 1981 build date a concern?
The year built is average for the street but older than most homes in River Park South. This means potential buyers should budget for updates consistent with a home of this age, but it also places the home in a well-established part of the community with mature landscaping.

4. What was the recent sold price?
The property sold between $400,000 and $450,000 in October 2024. The exact sale price is not publicly displayed due to data source rules, but it can be requested directly from the site.

5. How does the lot size compare?
The lot is just under 6,000 sqft, which is above average for River Park South. This is a key feature, offering more outdoor space than many lots in the neighborhood, while being fairly typical when compared to the street and the city overall.

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