73.2
Good
Property score
73.2
Good
Overall 73.2
Compared with neighbourhood average
1,320 sqft (top 50%)
Built in 1983 (7 yrs older than avg)
Located in a high-income area
with median household income of ~96k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 2 parks, 1 fuel station, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
6% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 66%French · 3%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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73.2 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: #46111153
$96K
Median household income
$99K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
18%
Single-person households
33%
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 Willowbend Crescent — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 458 m), 2 parks (nearest 333 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 35% | Top 44% | Top 33% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 32% | Bottom 28% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 55 Willowbend Crescent, River Park South, Winnipeg
This 1,320 sqft bungalow, built in 1983, presents a solid and straightforward offering in a well-established Winnipeg neighborhood. Its appeal is rooted in proven stability rather than standout features, making it a practical choice for specific buyers.
Key Characteristics & Suitability
The home’s primary strength is its above-average assessed value relative to its immediate street and the wider city, suggesting it is well-maintained and perceived as a quality asset on its crescent. It was built in the same year as the street average but ranks in the top 4% for its build year on Willowbend Crescent, indicating it is one of the newer homes in its direct cluster—a subtle advantage for systems and structure. The living space is consistently average across all comparison levels, offering comfortable but not expansive room.
The trade-off is the lot size, which is below average for the street, neighborhood, and city. This points to a home that prioritizes interior space over outdoor yard area. Its appeal lies in its predictability and respectable standing within a mature community. It would best suit a buyer looking for a low-surprise, move-in-ready home in a settled area—perhaps a downsizer, a first-time buyer seeking a manageable property, or an investor attracted by its steady valuation history and rental demand in River Park South. It’s a property for those who value community stability over a large private outdoor space.
Frequently Asked Questions
1. Is the below-average lot size a major drawback?
Not necessarily. While the yard is smaller than others on the street, it means less maintenance. For buyers who prioritize interior space and a manageable outdoor area, this can be a practical benefit.
2. The assessed value is above average, but the last sold price was mid-range. Why?
The assessed value reflects the city’s valuation for tax purposes, which can differ from market price. The home’s strong assessed value rank suggests it is a substantial property on its street, but final sale price is always determined by the current market.
3. What does the "elite" ranking for year built on the street actually mean?
It simply means that, on Willowbend Crescent, this 1983 home is one of the very newest among its direct peers. This can imply potentially fewer age-related issues than older neighbors, but a full inspection is still essential.
4. Are the past sale prices shown here reliable?
The provided sale ranges are based on public data, not the MLS. For fully verified and exact historical sale figures, you must request them directly via the site’s email service.
5. Who might this property not suit?
Buyers seeking a large garden for entertaining or gardening, or those looking for a home with above-average square footage for the price, may find better options elsewhere. It’s designed for efficient living rather than expansive space.
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