63 Elsbury Bay

River Park South, Winnipeg

Property score

56.3

Fair

Overall 56.3 · Smaller than most nearby homes

861 sqft (bottom 5%) · Built in 1985 (5 yrs older than avg)

Located in a above-average income area with median household income of ~80k

Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 1 bank/ATM nearby

Living Area

Below average

39% smaller than neighborhood avg.

Year Built

Near average

5 yrs older than neighborhood avg.

Mother tongue

English · 68%French · 7%

Past 10 years River Park South sales snapshot (~80% of all data)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

56.3 is composed by the two sections below.

Property Score

44.5Low
Living Area861 sqft32Low
Year Built198573Good
Lot Size3,714 sqft46Low
Neighbourhood Sales Activity76Good

Community Score

74.0Good
Household Income77Good
Education Level72Good
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111008

Community deep dive

$80K

Median household income

$84K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

32%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)759
Labour force participation rate60%
Median age46.0
Avg household size2.2
Unemployment rate6%
Population density4216 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households32%
Couple families with children20%
Median household income (2020)$80K

Housing

Renter households16%
Condominium dwellings50%
Median dwelling value (owners)$310K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority20%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 68%
Mother tongue (2nd)French · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
861 sqft
0255075100
Same streetBottom 32%Same areaBottom 5%CitywideBottom 13%
Same street · Elsbury Bay
#28 / 41
Bottom 32% · Avg 978 sqft
Same area · River Park South
#3,448 / 3,617
Bottom 5% · Avg 1,410 sqft
Citywide · Winnipeg
#168,785 / 194,458
Bottom 13% · Avg 1,342 sqft

Tax-Assessed Value

around average
338k
0255075100
Same streetBottom 17%Same areaBottom 8%CitywideBottom 42%
Same street · Elsbury Bay
#34 / 41
Bottom 17% · Avg 360.5k
Same area · River Park South
#3,338 / 3,617
Bottom 8% · Avg 447.2k
Citywide · Winnipeg
#112,954 / 194,458
Bottom 42% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 32%Same areaTop 45%CitywideTop 29%

Lot Size

around average
3,714 sqft
0255075100
Same streetBottom 39%Same areaBottom 10%CitywideBottom 22%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

63 Elsbury Bay — 9 amenities found within 500 m, across 5 categories, including 1 dining (nearest 410 m), 1 healthcare (nearest 133 m), 1 shopping (nearest 313 m).

Search radius
🍽️Dining1
🏥Healthcare1
🛒Shopping1
🏦Finance1
Fuel Stations5

Crime & Safety

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%

Sales History

Sold 10/2023CA$350k–400k
Sold price

Same street

Top 24%

Same area

Bottom 37%

City-wide

Top 46%

Related homes

Highlights & common questions: 63 Elsbury Bay, Winnipeg

Property Overview: 63 Elsbury Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This 1985-built home in River Park South is a practical and affordable entry point into a well-established Winnipeg neighborhood. With 861 square feet of living space on a 3,714 sqft lot, its scale is modest, ranking below the neighborhood average but offering manageable upkeep. The home’s assessed value of $338k sits below area averages, suggesting a value-oriented position within River Park South, yet aligns closely with the wider Winnipeg city average.

Its primary appeal lies in affordability and location within a mature community. The home suits first-time buyers seeking a foothold in a stable area without a premium price tag, or downsizers looking for a lower-maintenance property. A thoughtful perspective is that its smaller size and lot, while not expansive, translate directly to lower utility costs, less time spent on maintenance, and a potentially smaller property tax bill relative to larger homes in the same zone. It represents a pragmatic choice over a premium one, focusing on the essentials of homeownership in a convenient setting.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 861 sqft, the living area is smaller than most homes in the broader River Park South area, but is closer to the average for Elsbury Bay street itself. It is a compact layout.

2. Is the assessed value a good indicator of the market price?
The assessed value of $338k is an administrative figure for tax purposes. Market price is determined by current conditions. Notably, this home sold between $350k-$400k in late 2023, which provides a more recent market benchmark.

3. What does the "Below Average" ranking for neighborhood value mean?
This means the home’s assessed value is lower than the typical assessed value for homes in River Park South. This isn’t inherently negative; it can indicate a more affordable entry point into a desirable neighborhood.

4. Are exact past sale prices available here?
For privacy and industry rules, exact sold prices are not published automatically on this site. You can request the full transaction history via email, and the team will provide the verified figures manually.

5. The lot is smaller than the neighborhood average. Is that a major drawback?
It depends on your priorities. The lot is under 4,000 sqft, which means less yard maintenance. For those not seeking extensive outdoor space, it can be an advantage. If gardening or large outdoor gatherings are important, you may find it limiting.

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