Property score
84.3
Excellent
Overall 84.3 · Older than most nearby homes
1,855 sqft (top 38%) · Built in 1974 (2 yrs older than avg)
Located in a high-income area with median household income of ~168k
Transit 66.0 · 11-min walk to transit with 4 nearby routes · Within 500m: 2 schools, and 3 parks nearby
Living Area
Near average
11% larger than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 92%French · 1%
Past 10 years River West Park sales snapshot (~80% of all data)
162
489.9k
$333/sqft
1976
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84.3 is composed by the two sections below.
Property Score
Community Score
River West Park
How to read: Share of sales in each ~$50k price band for “river west park” (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: #46111089
$168K
Median household income
$190K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
7%
Single-person households
47%
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
42 Shier Drive — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 456 m), 3 parks (nearest 299 m).
River West Park · WPS public data · 2025
Annual incidents
25
2025
vs. city avg
-15%
relative to avg
Year-over-year
▲ +4%
vs. prior year
Primary type
Property
68%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Top 31% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 42 Shier Drive, River West Park, Winnipeg
Key Characteristics & Appeal
This 1974-built home in River West Park presents a compelling value proposition defined by its context. With 1,855 sqft of living space and a large 9,124 sqft lot, the home sits in an interesting position: it is a moderately sized property on a street of notably larger, more valuable homes. Its assessed value of $522k is above average for both the neighborhood and the city, yet it ranks near the bottom of its own street in terms of value and size. This creates a unique dynamic—you are acquiring a property with solid city-wide metrics (top 15% in living area, top 8% in lot size) in an established area, but with the potential for future appreciation as a relative value play on a desirable street.
Its appeal lies in offering above-average space and a generous lot for Winnipeg, within a stable neighborhood. It would suit practical buyers looking for room to grow or customize without paying the premium for the street's largest homes. It’s also a sensible fit for those who value a larger outdoor space and see the discrepancy with neighboring properties not as a drawback, but as a long-term opportunity in a well-regarded location.
Frequently Asked Questions
1. Why is the assessed value so much lower than the street average?
The home’s living area is significantly smaller than the street average (1,855 sqft vs. 2,529 sqft), which is a primary driver of its lower assessment. It may also differ in finishes, upgrades, or specific features compared to neighboring properties.
2. How reliable is the sold price data shown?
The sold price range (CA$500k–550k in November 2020) is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email.
3. Is the lot size a major advantage?
Yes. The lot is substantially larger than both neighborhood and city averages, offering valuable outdoor space and potential. On Shier Drive itself, however, it is closer to the average.
4. What does "Top 96%" mean for the street ranking?
A "Top 96%" rank for living area on its street means that 96% of comparable homes on Shier Drive are larger. It is ranked 44th out of 46, indicating it is one of the smaller homes on this particular block.
5. Could this be a good opportunity for renovation or expansion?
Given the large lot and the home's position as one of the smaller properties on a street of larger homes, there may be potential to add value through thoughtful additions or renovations, subject to local zoning and regulations.
