55 Karen Irvine Crescent

River Park South, Winnipeg

Property score

90.4

Excellent

Overall 90.4 · Larger and newer than most nearby homes

2,316 sqft (top 3%) · Built in 2018 (28 yrs newer than avg)

Located in a high-income area with median household income of ~141k

Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

64% larger than neighborhood avg.

Year Built

Above average

28 yrs newer than neighborhood avg.

Mother tongue

English · 61%French · 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

90.4 is composed by the two sections below.

Property Score

89.8Excellent
Living Area96
2,316 sqftExcellent
Year Built97
2018Excellent
Lot Size60
4,815 sqftFair
Neighbourhood Sales Activity76
Good

Community Score

91.3Excellent
Household Income93
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

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: #46111261

Community deep dive

$141K

Median household income

$159K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

9%

Single-person households

54%

Families with children

Population, labour & age

Population (2021)1,363
Labour force participation rate75%
Median age36.8
Avg household size3.3
Unemployment rate5%
Population density1975 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households9%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households3%
Condominium dwellings8%
Median dwelling value (owners)$496K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority40%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 60%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

Elite
2,316 sqft
0255075100
Same streetTop 12%Same areaTop 3%CitywideTop 5%
Same street · Karen Irvine Crescent
#3 / 26
Top 12% · Avg 1,975 sqft
Same area · River Park South
#92 / 3,617
Top 3% · Avg 1,410 sqft
Citywide · Winnipeg
#9,167 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
602k
0255075100
Same streetTop 31%Same areaTop 6%CitywideTop 8%
Same street · Karen Irvine Crescent
#8 / 26
Top 31% · Avg 589.2k
Same area · River Park South
#205 / 3,617
Top 6% · Avg 447.2k
Citywide · Winnipeg
#15,120 / 194,458
Top 8% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 12%Same areaTop 1%CitywideTop 4%

Lot Size

around average
4,815 sqft
0255075100
Same streetBottom 1%Same areaBottom 38%CitywideBottom 40%

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

55 Karen Irvine Crescent — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 481 m).

Search radius
🌳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 1/2019CA$450k–500k
Sold price

Same street

Top 38%

Same area

Top 23%

City-wide

Top 21%

Related homes

Highlights & common questions: 55 Karen Irvine Crescent, Winnipeg

Property Overview: 55 Karen Irvine Crescent, Winnipeg

Key Characteristics & Buyer Appeal

This 2,316 sqft home, built in 2018, presents a compelling blend of modern living and established value in the River Park South neighborhood. Its primary appeal lies in its spacious, above-average interior footprint, which ranks in the top 3% of its neighborhood and top 5% city-wide, offering significant room for families. The 2018 build date means it is a relatively new property with likely fewer immediate maintenance concerns compared to Winnipeg's older housing stock, ranking in the top 1% for year built in River Park South.

The assessed value of $602k sits above the city and neighborhood averages, positioning it as a premium home within a desirable area. Interestingly, while the house itself is large and modern, the lot size is more modest compared to the street average, suggesting a efficient use of land that prioritizes living space over extensive yard maintenance. This property would best suit growing families or professionals seeking a move-in ready, spacious home in a mature southeast Winnipeg community, who value modern construction and are less concerned with having the largest lot on the block. It offers a balance of newer-home amenities within a well-established area.

Frequently Asked Questions

1. How does the lot size impact the property?
The land area is smaller than the average lot on Karen Irvine Crescent. This typically translates to less exterior maintenance but may limit expansion possibilities or private outdoor space compared to some direct neighbors.

2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is a useful benchmark. However, market conditions, the home's specific condition, and recent upgrades will ultimately determine the sale price. It's noteworthy that the assessed value is above average for both the neighborhood and the city.

3. What does the 2019 sale history indicate?
The home was previously sold in early 2019. The provided price range suggests significant equity growth since that last sale, reflecting strong market appreciation for modern homes in this area over the past several years.

4. How does this home compare to others nearby?
The home stands out for its combination of new construction and large living area. Nearby reference properties show that similarly valued homes in the area can vary significantly in age and size, making this one of the newest and largest in its immediate comparison set.

5. Where can I get verified historical sale data?
The site notes that exact sold prices are not displayed publicly due to data source rules. They offer a manual lookup service where you can request the full transaction history and exact figures via email, which they will provide without using your contact information for marketing.