Property score
80.7
Excellent
Overall 80.7 · Larger than most nearby homes
1,749 sqft (top 22%) · Built in 1985 (5 yrs older than avg)
Located in a high-income area with median household income of ~94k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby
Living Area
Above average
24% larger than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 9%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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80.7 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: #46110500
$94K
Median household income
$104K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
25%
Single-person households
29%
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
63 Malmsbury Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 289 m), 1 education (nearest 201 m), 1 parks (nearest 372 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 22% | Top 30% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 63 Malmsbury Avenue, Winnipeg
Key Characteristics & Appeal
This 1985-built home in River Park South stands out for its above-average size and established character. With 1,749 sqft of living space, it offers more room than most comparable homes on its street, in the neighborhood, and across Winnipeg. Its assessed value of $461k is also consistently above average, particularly when compared to the broader city. The lot size is typical for the area.
The primary appeal lies in its combination of space and a well-established setting. It’s a home that offers room to grow without being an outlier in the community. A thoughtful perspective is its age: built in 1985, it is the newest home on its street, suggesting potentially fewer major age-related updates than older neighbors but also a place in a mature, stable streetscape. It would suit buyers looking for a spacious, move-in-ready family home in a settled suburban neighborhood, who value space over a brand-new build and appreciate a property that benchmarks strongly against its immediate peers.
Frequently Asked Questions
1. How does this home’s size truly compare to others?
It ranks in the top 10% for living area on its own street (7th largest out of 67 homes) and above average both neighborhood-wide and city-wide, confirming it is a genuinely spacious offering for its type and location.
2. Is the assessed value in line with the home’s features?
The assessed value of $461k is above the street and city averages. This aligns with the home’s larger-than-average square footage and its status as the newest build on the block, factors that typically influence assessment.
3. What does the sale history indicate?
Records show it last sold between $400k-$450k in September 2021. Market conditions have changed since then, so this provides a historical anchor point rather than a current value. Exact sale prices require a manual lookup from the provider.
4. Is the neighborhood consistent in terms of home values?
The data shows some variety. For example, a nearby home on the same street with similar square footage (1,768 sqft) has a slightly lower assessed value ($445k), while another with less space (1,099 sqft) is assessed at $401k. This suggests values on Malmsbury Avenue are responsive to specific property characteristics.
5. How does the lot size compare?
At 5,225 sqft, the lot is very close to the average for both Malmsbury Avenue and the River Park South neighborhood. It is, however, smaller than the average lot across the entire city of Winnipeg. This is typical for its suburban neighborhood era and provides a standard-sized yard for the area.
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