Property score
87.0
Excellent
Overall 87.0 · Larger and newer than most nearby homes
1,668 sqft (top 27%) · Built in 2017 (27 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
18% larger than neighborhood avg.
Year Built
Above average
27 yrs newer than neighborhood avg.
Mother tongue
English · 61%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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87.0 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: #46111261
$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
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
55 Tilstone Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 483 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 20% | Top 2% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 55 Tilstone Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in River Park South presents a compelling blend of modern convenience and established neighborhood appeal. Built in 2017, it is a notably newer property compared to most homes in both the wider neighborhood and across Winnipeg, suggesting contemporary construction and potentially lower maintenance. With 1,668 sqft of living space, it offers above-average roominess for the area and city. The assessed value of $613k positions it within the top tier for River Park South, indicating a premium property within a desirable community.
The primary appeal lies in its strong positional value. While it is around average for its specific street in several metrics, it stands out significantly at the neighborhood and city level. This suggests you are buying into one of the newer, more valuable homes in a mature and sought-after area. The lot size is generous for the neighborhood, offering good outdoor space.
This property would best suit buyers looking for a move-in ready, modern home without sacrificing the established feel of a mature suburb. It’s ideal for those who value a newer build’s efficiencies but want to be part of a community with developed amenities and landscaping. It represents a solid choice for professionals or families seeking a balance between contemporary living and long-term neighborhood stability.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, this home sold in August 2023 for an estimated $650k-$700k. This sale price placed it in the top 2% for the River Park South neighborhood at that time, confirming its premium market position.
2. Is the living space typical for the area?
Yes, but with a key advantage. At 1,668 sqft, it is larger than the average home in both River Park South and Winnipeg overall. On its own street, it is close to the average, meaning it fits right in without feeling oversized or undersized.
3. What does the “Elite” ranking for Year Built mean?
This ranking indicates 55 Tilstone Bay is significantly newer than most comparable homes. Being built in 2017 places it in the top 1% of homes in River Park South and the top 5% city-wide by age. This is a major point of differentiation from many other properties in the area.
4. The assessed value seems high for the neighborhood. Why?
The $613k assessment is in the top 5% for River Park South. This is likely due to the combination of its newer construction, above-average living area, and desirable location. It reflects the property’s premium standing within the community.
5. Where can I get verified historical price data?
The site notes that exact sold price figures are not displayed publicly due to industry rules. They offer a manual lookup service where you can request the full transaction history and exact sale prices be emailed to you, typically by the end of the same business day.
