77.7
Good
Property score
77.7
Good
Overall 77.7
Compared with neighbourhood average
1,207 sqft (bottom 40%)
Built in 1986 (4 yrs older than avg)
Located in a high-income area
with median household income of ~131k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 1 school, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
14% smaller than neighborhood avg.
Year Built
Near average
4 yrs older 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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77.7 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
59 Furness Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 179 m), 1 parks (nearest 248 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 37% | Bottom 48% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 59 Furness Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This 1986 home at 59 Furness Bay presents a practical and competitively positioned offering in the River Park South neighborhood. With 1,207 sqft of living space and a 5,046 sqft lot, its size is consistently around the average for both the immediate area and the wider city. The home’s standout characteristic is its age relative to its street—it is the newest home among its 25 direct neighbors, which may suggest updated building standards or components for its time. The assessed value of $405K sits below the street average but above the city average, indicating a potentially more accessible entry point on a street of slightly higher-valued homes.
Its appeal lies in its established, stable context. The property doesn’t stand out for sheer size or premium value, but rather for its balance and maturity within a well-developed neighborhood. It suits buyers seeking a straightforward, move-in-ready home without the premium for a larger or newer construction, and who value being on a street where the home itself is one of the more recent builds. It’s a sensible choice for first-time buyers, downsizers, or investors looking for a reliable property in a mature suburban setting.
Frequently Asked Questions
How does this home’s size compare to others nearby?
At 1,207 sqft, the living area is slightly below the average for Furness Bay street but aligns closely with the broader River Park South neighborhood and Winnipeg city averages.
Is the assessed value a good indicator of the likely selling price?
The $405K assessment is a municipal valuation for tax purposes. Notably, it is below the street average of ~$439K but above the city average. Recent sold prices in the area (last sold between $350K-$400k in 2022) and current market conditions will be stronger indicators of value.
What does it mean that this is the “newest” home on the street?
Built in 1986, it is the most recently constructed among the 25 homes on Furness Bay. This could imply newer infrastructure (like plumbing or electrical) compared to immediate neighbors, though a specific interior inspection is needed to confirm the condition and updates.
How does the lot size impact potential for expansion or outdoor use?
The 5,046 sqft lot is typical for the area. It provides standard suburban outdoor space but is slightly smaller than the citywide average lot, which may be a consideration for significant additions or detached structures, subject to zoning.
Where can I get verified historical sale data for this property?
The provided sold price is an estimate from public records. For fully verified transaction history and exact figures, you must request a manual lookup from the site, as MLS data is not displayed here due to industry regulations.
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