63.6
Fair
Property score
63.6
Fair
Overall 63.6
Smaller than most nearby homes
990 sqft (bottom 19%)
Built in 1984 (6 yrs older than avg)
Located in a high-income area
with median household income of ~94k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 9%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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63.6 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: #46110500
$94K
Median household income
$104K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
25%
Single-person households
29%
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
54 Pately Crescent — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 412 m), 1 education (nearest 136 m), 1 parks (nearest 347 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 47% | Top 44% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 54 Pately Crescent, River Park South, Winnipeg
Key Characteristics & Buyer Appeal
This 1984-built home in River Park South presents a practical opportunity in a mature neighborhood. With 990 square feet of living space, it is notably more compact than most homes on its street and in the wider area, ranking in the top 83% and 81% respectively for size—meaning it is smaller than the majority of its peers. Its assessed value of $406,000 sits slightly below the street average but aligns closely with the Winnipeg-wide average, suggesting a relatively accessible entry point into the neighborhood.
The primary appeal lies in its efficiency and established location. The home sits on a 4,393 sqft lot, which is smaller than nearby averages but offers manageable upkeep. A standout characteristic is its "elite" ranking for year built on its street (top 4%), indicating it is one of the newest homes in its immediate block, which can be a positive for systems and structure relative to neighbors. This property would suit first-time buyers, downsizers, or investors seeking a lower-maintenance footprint in a settled community without a premium for excess space. It represents a value-oriented choice for those prioritizing location and a newer build year over square footage.
Frequently Asked Questions
1. Is the living area suitable for a family?
At 990 sqft, the home is significantly smaller than the area average (1,410 sqft). It would best suit a small family, a couple, or an individual. Buyers should carefully consider space needs versus the benefits of the location and newer build year.
2. How does the assessed value compare to recent sale prices?
The home last sold between $400k-$450k in September 2021. Its current assessed value of $406k is consistent with that range and sits slightly below the street average, potentially indicating room for value growth.
3. What does the "elite" ranking for year built mean?
On Pately Crescent, this home is ranked #2 out of 52 for its 1984 construction, meaning it is one of the newest houses on the block. This can be an advantage regarding the potential age of major components compared to immediate neighbors.
4. Is the lot size a limitation?
The lot is smaller than most on the street and in River Park South. This translates to less yard maintenance but also less private outdoor space. It's a trade-off that appeals to those seeking easier upkeep.
5. How can I verify the exact historical sale price?
The public data shows a sold price range. For fully verified and exact transaction figures, you must request a manual lookup via email, as this site does not display proprietary MLS sales records.
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