Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Regis Drive): Above Average. Ranked #1 out of 72 (Top 1%). The street average for comparable homes is 770 sqft.
Neighborhood Level (River Park South): Below Average. Ranked #562 out of 1,069 (Bottom 47%). The neighborhood average for comparable homes is 1,054 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #17,062 out of 26,841 (Bottom 36%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Regis Drive): Above Average. Ranked #11 out of 72 (Top 15%). The street average for comparable homes is 174.4k.
Neighborhood Level (River Park South): Below Average. Ranked #817 out of 1,069 (Bottom 24%). The neighborhood average for comparable homes is 302.0k.
Citywide Level (Winnipeg): Below Average. Ranked #19,107 out of 26,841 (Bottom 29%). The citywide average for comparable homes is 276.9k.
Street Level (Regis Drive): Above Average. Ranked #1 out of 72 (Top 1%). The street average for comparable homes is 1979.
Neighborhood Level (River Park South): Below Average. Ranked #850 out of 1,069 (Bottom 20%). The neighborhood average for comparable homes is 1994.
Citywide Level (Winnipeg): Below Average. Ranked #16,875 out of 26,841 (Bottom 37%). The citywide average for comparable homes is 1990.
River Park South market pulse
How to read: Share of sales in each ~$50k price band for “river park south” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
7-134 Regis Drive — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 85 m).
Crime & safety
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview & Key Characteristics
This 1979-built home in River Park South presents a practical and affordable entry point into a well-regarded Winnipeg neighbourhood. Its key appeal lies in its value proposition: the property holds a very low assessed value of $17,600, which is in the top 6% for the neighbourhood and top 8% city-wide, indicating significantly lower property taxes compared to nearly all surrounding homes. With 890 sqft of living space, it offers compact, manageable square footage.
The home’s primary draw is its location within a mature, established community. The data shows the property ranks in the top 0% for its lot size within both River Park South and all of Winnipeg, suggesting a larger-than-typical yard for the area, which is a notable asset. While the home itself is older, it suits first-time buyers, investors, or downsizers seeking minimal tax overhead and a low-maintenance yard. It’s a property where the land and location may offer more immediate value than the structure, appealing to those with renovation plans or who prioritize financial efficiency over turn-key condition.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
While specific reasons aren't listed, an assessed value this far below neighbourhood and city averages often relates to the specific characteristics of the property, such as the size and condition of the home relative to the land. It's essential to review the full assessment details and potentially consult with a property assessor for clarity.
2. What does the "top 0%" ranking for land area actually mean?
This statistic indicates that this property's lot is larger than 100% of other lots in both the River Park South neighbourhood and Winnipeg overall. In practical terms, it has one of the largest lot sizes in comparison, which is a significant positive feature not reflected in the assessed value.
3. Is the 890 sqft living area sufficient for a family?
At 890 sqft, the home is compact. It ranks in the top 18% for size locally, meaning most area homes are larger. It would likely suit a small family, a couple, or an individual more comfortably than a larger household, unless expansion is planned.
4. How does the age of the home (built 1979) affect its value and potential?
Built 47 years ago, the home is of a typical vintage for the area. The ranking shows it's newer than 62% of Winnipeg homes but older than 86% in River Park South. This suggests that while not historic, major systems (roof, wiring, plumbing) may be due for inspection or updates, which is a common consideration for buyers in this price segment.
5. Are the comparable "Similar Assessed Value" properties also good comparisons for size and location?
Not necessarily. The listed comparables with the same $17,600 assessment are scattered across different Winnipeg neighbourhoods. For a true comparison of home features, price, and liveability, focus on the "Nearby properties" and "Worth viewing" listings within River Park South, which provide context for what similar money buys in the immediate area.