Property score
75.6
Good
Overall 75.6 · Older than most nearby homes
1,567 sqft (top 38%) · Built in 1979 (11 yrs older than avg)
Located in a above-average income area with median household income of ~83k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby
Living Area
Near average
11% larger than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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75.6 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: #46110494
$83K
Median household income
$97K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
30%
Single-person households
23%
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
62 Southwalk Bay — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 403 m), 2 parks (nearest 452 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 1% | Bottom 17% | Bottom 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 62 Southwalk Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,567 sqft bungalow, built in 1979 on a 5,452 sqft lot, presents a solid, no-fuss family home in the established River Park South neighborhood. Its appeal lies in its practical size and its position as a value-conscious option within its immediate area. While its living space is above the Winnipeg average, its assessed value of $384k sits below the averages for both its street and neighborhood, suggesting a potentially more accessible entry point into this community. The home suits first-time buyers or downsizers looking for a manageable footprint without sacrificing yard space, and value-focused buyers who prioritize functional square footage over a newer build date. A thoughtful perspective is that this property represents the "established middle" of the Winnipeg market—it’s not the newest or most premium on its block, but it offers reliable space and a lot size that is becoming less common in newer developments, all while holding its own citywide.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $300k-$350k in 2017. Its current assessed value is below the street's average, but for precise, verified sale prices of nearby properties, a manual lookup is required through the site.
2. Is the 1979 build date a concern?
The home is older than most on its street and in River Park South. This typically means maintenance and systems (like roof, windows, furnace) should be carefully evaluated, but it can also mean a larger lot and more established landscaping compared to newer infill properties.
3. What does "above average" living area for the city actually mean?
With 1,567 sqft, this home offers more interior space than about 73% of comparable homes across Winnipeg. This is its standout metric, indicating a spacious layout relative to the broader market.
4. The assessed value seems low for the neighborhood. Why?
Assessed value is for municipal taxation and is influenced by factors like age, condition, and recent renovations. Its below-average assessment for the area could reflect its older build date compared to neighbors, but it also highlights its potential as a comparatively affordable option in River Park South.
5. Can I see how this property compares visually to its neighbors?
Yes. A neighborhood analysis map is available to visually compare this home with nearby properties based on year built, living area, assessed value, and lot size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
