Property score
89.1
Excellent
Overall 89.1 · Larger and newer than most nearby homes
1,855 sqft (top 16%) · Built in 2018 (28 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 · Within 500m: 1 park nearby
Living Area
Above average
32% larger than neighborhood avg.
Year Built
Above average
28 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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89.1 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
59 Tilstone Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 498 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 40% | Top 8% | Top 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 59 Tilstone Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This 2018-built home in River Park South stands out for its modern foundation and above-average scale. With 1,855 sqft of living space, it is notably larger than most homes in the neighborhood and across Winnipeg. Its primary appeal lies in its premium positioning, evidenced by an assessed value of $716k, which ranks in the top 1% of River Park South and the top 4% city-wide. This suggests a property that has been valued significantly higher than its peers, likely due to its newer construction, size, and finishes.
The home would suit buyers looking for a move-in ready, modern property in a well-established suburban area, who prioritize space and contemporary builds over maximizing lot size (the 5,978 sqft lot is typical for the street). It’s a strong fit for professionals or families seeking a home that outperforms area averages in terms of both square footage and perceived market value, offering a sense of relative luxury within the community. A thoughtful perspective is that while the home is elite in its immediate context, its city-wide lot size ranking is average, indicating the appeal is more about the home itself than an expansive outdoor space.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
It sold in September 2019 for between $550,000 and $600,000. The current $716k assessed value represents a significant increase, reflecting market appreciation and the premium for its newer construction.
2. Is the assessed value a reliable indicator of market price?
While not a direct market price, an assessed value in the top 1% of the neighborhood is a strong indicator of the home’s premium standing relative to nearby properties. It typically reflects factors like size, age, and condition that are key to market value.
3. What does the "Elite" ranking for year built mean?
Built in 2018, this home is newer than 99% of comparable homes in River Park South, where the average build year is 1990. This means major components like roofing, HVAC, and windows are relatively new, potentially reducing near-term maintenance costs.
4. How does the lot size compare?
At just under 6,000 sqft, the lot is typical for Tilstone Bay and above average for the neighborhood. However, it is around the city-wide average, indicating the property’s appeal is driven more by the home itself than by an unusually large yard.
5. Where can I find verified historical sale data?
The provided sold price is from public records. For a fully verified transaction history and exact sale figures, you must request a manual lookup from the site, as MLS data is not displayed here due to industry rules.
