79.0
Good
Property score
79.0
Good
Overall 79.0
Compared with neighbourhood average
1,603 sqft (top 33%)
Built in 1984 (6 yrs older than avg)
Located in a high-income area
with median household income of ~94k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
14% larger than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 9%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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79.0 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: #46110500
$94K
Median household income
$104K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
25%
Single-person households
29%
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
58 Malmsbury Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 234 m), 1 education (nearest 255 m), 1 parks (nearest 417 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 22% | 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: 58 Malmsbury Avenue, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a solid, middle-of-the-road offering in the established River Park South neighborhood. Built in 1984, it is slightly newer than the average Winnipeg home. Its key characteristic is its balanced metrics: at 1,603 sqft, the living space is above the city average but typical for its immediate street and area. Similarly, the assessed value of $430k sits comfortably around the averages for the street, neighborhood, and city, indicating a property that is neither undervalued nor overpriced relative to its peers. The lot size is slightly smaller than the street and area average.
The appeal lies in its predictability and stability. It’s a home that doesn’t stand out for extreme size or value, which can be an advantage for buyers seeking a known quantity without surprises. It would suit practical, value-conscious buyers—perhaps young families or downsizers—who prioritize move-in readiness in a mature suburb over custom features or a massive lot. A thoughtful perspective is that its "average" rankings across the board suggest lower volatility; it’s less likely to be over-improved for the area or suffer from disproportionate property taxes, offering a sense of financial steadiness.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,603 sqft, it offers more space than the average Winnipeg home (top 25% city-wide) and is very typical for both Malmsbury Avenue and the wider River Park South area.
2. Is the assessed value in line with the neighborhood?
Yes. The $430k assessment is around the average for the street ($420k) and slightly below the neighborhood average ($447.2k), positioning it as a fairly valued property within its community.
3. When was it last sold, and for how much?
Records show it sold in October 2020. The sold price is listed in the range of CA$300k–$350k. For verified, exact historical sale figures, you can request a manual lookup via the website.
4. What is the lot size, and is it typical?
The lot is 4,937 sqft. This is somewhat smaller than the average lot on Malmsbury Avenue (5,411 sqft) and in River Park South (5,447 sqft), but is around the typical mark when viewed city-wide.
5. The home was built in 1984. Is that older or newer for the area?
It is actually above average for its age. On its street, it ranks in the top 21%, meaning it is newer than most comparable homes there. It is also newer than the average Winnipeg home, which dates to 1966.
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