Property score
88.0
Excellent
Overall 88.0 · Newer than most nearby homes
1,617 sqft (top 32%) · Built in 2020 (30 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
Living Area
Near average
15% larger than neighborhood avg.
Year Built
Above average
30 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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88.0 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
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 13% | Top 17% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 58 Tilstone Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,617 sqft home, built in 2020, presents a compelling blend of modern construction and established community living in River Park South. Its appeal lies in its relative newness within a mature neighborhood, offering contemporary building standards while being part of a well-serviced area. The property sits on a notably large lot for its street (6,847 sqft), providing above-average outdoor space and future potential.
While the living area is around the average for the immediate street, it ranks above average city-wide, indicating a efficient and practical footprint. The assessed value of $587k is above average for both the neighborhood and the city, reflecting its newer build and desirable lot size. This home suits buyers seeking a move-in ready, modern property without the wait and uncertainties of a new development. It’s particularly well-matched for those who value private outdoor space and a home that requires minimal immediate upkeep, yet still want the character and established amenities of an older suburb.
A less obvious perspective is the home’s positioning as a "modern outlier" on its street. Being one of the newest homes in the area could mean lower maintenance costs in the near term, but it also places it at a different point in the depreciation curve compared to its neighbors, which is a factor in its above-average valuation.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
According to available data, a home on this street sold in May 2020 for between $450,000 and $500,000. The current assessed value of $587k for 58 Tilstone Bay is above that range, which is consistent with its newer construction year (2020) and larger lot size.
2. Is the living space considered large for Winnipeg?
Yes. At 1,617 sqft, the living area ranks above the city-wide average (Top 25%), making it a comfortably sized home by Winnipeg standards, though it is closer to the average within its own immediate neighborhood and street.
3. What does the "Elite" ranking for Year Built mean?
It means this home is among the newest in its comparison groups. It is the newest of 33 homes on Tilstone Bay (Top 3%), and one of the newest in the entire River Park South neighborhood (Top 1%), indicating very modern construction for the area.
4. Why is the lot size a standout feature?
The lot of 6,847 sqft is the largest among the 33 homes on Tilstone Bay (Top 3%). It provides significantly more yard space than the street and neighborhood averages, which is a rare find for a newer home.
5. Where can I verify the exact historical sale prices?
The provided sold price data is based on public records, not the MLS. For fully verified figures and a complete transaction history, you must request a manual lookup from the site, which they provide via email.
