58.9
Fair
Property score
58.9
Fair
Overall 58.9
Smaller and older than most nearby homes
920 sqft (bottom 12%)
Built in 1978 (12 yrs older than avg)
Located in a high-income area
with median household income of ~90k
Transit 86.0
2-min walk to transit with 4 nearby routes
Within 500m: 3 schools, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Below average
12 yrs older than neighborhood avg.
Mother tongue
English · 66%Chinese · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
58.9 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: #46111007
$90K
Median household income
$92K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
23%
Single-person households
27%
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
72 Rillwillow Place — 4 amenities found within 500 m, across 2 categories, including 3 education (nearest 134 m), 1 parks (nearest 449 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 47% | Bottom 8% | Bottom 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 72 Rillwillow Place, Winnipeg
Key Characteristics & Appeal
This 920 sqft bungalow, built in 1978, presents a practical and affordable entry point into Winnipeg’s River Park South neighborhood. Its primary appeal lies in its value positioning. With an assessed value of $318k, it sits comfortably below the neighborhood average, offering relative affordability in the area. The home’s living space is modest but efficient, ranking above average for its own street, suggesting it fits well within the local streetscape of similar-sized homes.
The property suits first-time buyers, downsizers, or investors seeking a lower-maintenance footprint without a major renovation project. Its smaller lot size (2,972 sqft) translates to less yard work, which can be a benefit for those seeking simplicity. A thoughtful perspective is that while the home is smaller than newer neighborhood averages, its older vintage on a street of peers from the same era may mean fewer surprises compared to a house that is the oldest on a block of recent builds. Recent sale activity on the street indicates a stable, active market for homes of this type.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 920 sqft, the living area is larger than the average home on Rillwillow Place itself. However, it is below the broader River Park South neighborhood average, reflecting the area’s mix of older, compact bungalows and larger, newer homes.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($318k) is a municipal valuation for tax purposes. Notably, a very similar home on the same street (83 Rillwillow) has a lower assessed value ($295k), and recent sales on the street have occurred in the $250k-$300k range. The sale price will be determined by current market conditions.
3. What are the implications of the smaller lot size?
The lot is under 3,000 sqft, which is below average for the street, neighborhood, and city. This means a smaller backyard and potentially less privacy, but also reduced maintenance and landscaping responsibilities—a trade-off that some buyers may prefer.
4. The home was built in 1978. Should I be concerned about its age?
The year built (1978) is typical for this street, ranking as one of the newer homes on the block. While systems like the roof, furnace, and windows will be age-related considerations, its vintage is consistent with the immediate area, which can be reassuring.
5. How can I find out the exact price it last sold for?
The provided data shows a sale occurred in March 2023 within a price band. To obtain the exact sale price and full history, you must request a manual lookup from the site via email, as they do not display MLS sold records directly.
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.
