54 Rillwillow Place

River Park South, Winnipeg

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

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)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

55.3 is composed by the two sections below.

Property Score

40.6Low
Living Area809 sqft32Low
Year Built197867Good
Lot Size2,726 sqft28Low
Neighbourhood Sales Activity76Good

Community Score

77.4Good
Household Income81Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46111007

Community deep dive

$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

Population, labour & age

Population (2021)743
Labour force participation rate61%
Median age47.6
Avg household size2.5
Unemployment rate8%
Population density1769 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households23%
Couple families with children27%
Median household income (2020)$90K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority15%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 4%

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

Rankings

Living Area

below average
809 sqft
0255075100
Same streetBottom 22%Same areaBottom 2%CitywideBottom 10%
Same street · Rillwillow Place
#32 / 41
Bottom 22% · Avg 908 sqft
Same area · River Park South
#3,540 / 3,617
Bottom 2% · Avg 1,410 sqft
Citywide · Winnipeg
#175,765 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

below average
292k
0255075100
Same streetBottom 15%Same areaBottom 2%CitywideBottom 27%
Same street · Rillwillow Place
#35 / 41
Bottom 15% · Avg 312.7k
Same area · River Park South
#3,562 / 3,617
Bottom 2% · Avg 447.2k
Citywide · Winnipeg
#141,820 / 194,458
Bottom 27% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 7%Same areaBottom 5%CitywideTop 35%

Lot Size

below average
2,726 sqft
0255075100
Same streetBottom 5%Same areaBottom 2%CitywideBottom 8%

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 Rillwillow Place — 4 amenities found within 500 m, across 2 categories, including 3 education (nearest 122 m), 1 parks (nearest 390 m).

Search radius
🏫Education3
🌳Parks1

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$300k–350k
Sold price

Same street

Top 13%

Same area

Bottom 20%

City-wide

Bottom 43%
Sold 7/2017CA$200k–250k
Sold price

Same street

Bottom 13%

Same area

Bottom 1%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 54 Rillwillow Place, Winnipeg

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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