55.3
Fair
Property score
55.3
Fair
Overall 55.3
Smaller and older than most nearby homes
809 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
54 Rillwillow Place — 4 amenities found within 500 m, across 2 categories, including 3 education (nearest 122 m), 1 parks (nearest 390 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 13% | Bottom 20% | Bottom 43% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 13% | Bottom 1% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 54 Rillwillow Place, Winnipeg
Key Characteristics & Buyer Profile
This 1978-built home in River Park South presents a clear value-oriented proposition. Its key characteristic is its compact size, with 809 sqft of living space on a 2,726 sqft lot, placing it below average in scale for both the street and the wider neighborhood. The assessed value of $292k is notably below the area average, reflecting this. The appeal lies in its affordability and efficiency within a mature, established community. It represents a lower entry point into homeownership in Winnipeg, with recent sale activity indicating strong demand in its price bracket.
This property would best suit first-time buyers, downsizers, or investors seeking a practical, no-frills home with manageable upkeep and taxes. Its older build year on the street is actually above average, suggesting it may have been well-maintained among its immediate peers. A thoughtful perspective is that its smaller footprint could be seen as an advantage for those seeking a minimalist lifestyle or lower utility costs, despite being statistically below average in size.
Frequently Asked Questions
1. Is this house significantly smaller than others in the area?
Yes. At 809 sqft, the living area is below the averages for Rillwillow Place (908 sqft), River Park South (1,410 sqft), and Winnipeg overall (1,342 sqft).
2. How does its value compare to nearby homes?
Its assessed value ($292k) is below the street average ($312.7k) and significantly below the River Park South neighborhood average ($447.2k), indicating it is priced for its more compact size.
3. What is the lot size like?
The lot is 2,726 sqft, which is smaller than most on the street and in the area. This means less exterior maintenance but also limited space for expansions or large outdoor amenities.
4. It sold recently in 2024. What does that price history suggest?
The 2024 sold price range shows it performed well relative to its own street (top 13%), indicating that well-priced, smaller homes in this location are in demand.
5. How can I get the exact past sale prices?
The site does not display exact MLS sold figures. You must request the exact sold price history via email, and they will provide the verified figures manually.
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