87.0
Excellent
Property score
87.0
Excellent
Overall 87.0
Larger and newer than most nearby homes
1,799 sqft (top 19%)
Built in 2008 (18 yrs newer than avg)
Located in a high-income area
with median household income of ~131k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
28% larger than neighborhood avg.
Year Built
Above average
18 yrs newer than neighborhood avg.
Mother tongue
English · 67%French · 6%
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: #46110501
$131K
Median household income
$142K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
2.9
P90 / P10 ratio
11%
Single-person households
49%
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
56 Michaud Crescent — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 467 m), 2 parks (nearest 280 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 | Bottom 42% | Top 31% | Top 25% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 25% | Top 34% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 56 Michaud Crescent, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a solid, above-average offering in Winnipeg's River Park South neighborhood. Built in 2008, it is notably newer than most homes in the wider city and area. With 1,799 sqft of living space, it provides more room than the typical Winnipeg home and is competitively sized for its immediate street. The lot size of 5,768 sqft is generous for the neighborhood, offering good outdoor space.
The appeal lies in its balanced, established position. It’s not an outlier in any single category but consistently ranks above average for the neighborhood and city in size, assessed value, and modern build year. This suggests a property that has kept pace with area standards. The data indicates a stable history, having sold in 2016 and 2020 within a similar price band.
This home would suit practical buyers looking for a move-in-ready family home in a mature suburban setting, who value space and a newer build without being at the extreme top end of the market. It’s a sensible choice for those prioritizing a known quantity—a home that compares favorably to its peers without the premium or unpredictability of a unique or aging property.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value of $549k is above the neighborhood average and ranks in the top 15% of River Park South. On its own street, it sits close to the average, indicating it is priced consistently with its most direct comparables.
2. Is the home considered large for the area?
Yes. At 1,799 sqft, the living area is above the neighborhood and city averages, placing it in the top 19% and 17% respectively. It offers more space than most comparable homes in Winnipeg.
3. What does the sale history tell us?
The property sold in 2016 and again in 2020, both times within the $400k-$450k range. This suggests a history of steady, incremental value growth in line with market trends of that period, without dramatic price swings.
4. How does the lot size compare?
The lot is 5,768 sqft, which is larger than average for both the street and the River Park South neighborhood. Compared to the entire city, it is around the average lot size.
5. The home was built in 2008. Is that considered new for Winnipeg?
Yes. Built in 2008, it is newer than about 87% of comparable homes across Winnipeg and ranks in the top 12% for its neighborhood, offering modern construction standards while being part of an established community.
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