98 Park Place E

South Tuxedo, Winnipeg

Property score

90.2

Excellent

Overall 90.2 · Smaller but newer than most nearby homes

1,616 sqft (bottom 2%) · Built in 2003 (15 yrs newer than avg)

Located in a high-income area with median household income of ~218k

Transit 68.0 · 5-min walk to transit with 1 nearby route · Within 500m: 3 dining spots, 4 healthcare facilitys, 3 shops, and 2 sports facilitys nearby

Living Area

Below average

43% smaller than neighborhood avg.

Year Built

Above average

15 yrs newer than neighborhood avg.

Mother tongue

English · 78%Chinese · 2%

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

Sold Count

226

Median price

826k

$/sqft

$348/sqft

Avg build year

1988

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Property score

90.2 is composed by the two sections below.

Property Score

86.1Excellent
Living Area1,616 sqft83Excellent
Year Built200387Excellent
Lot Size11,560 sqft97Excellent
Neighbourhood Sales Activity87Excellent

Community Score

96.4Excellent
Household Income99Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

South Tuxedo

How to read: Share of sales in each ~$50k price band for “south tuxedo” (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: #46110361

Community deep dive

$218K

Median household income

$376K

Average household income

7%

Low income (LIM-AT)

0.6

Income inequality (Gini)

6.7

P90 / P10 ratio

12%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)1,000
Labour force participation rate65%
Median age54.8
Avg household size2.8
Unemployment rate3%
Population density347 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households12%
Couple families with children38%
Median household income (2020)$218K

Housing

Renter households0%
Condominium dwellings8%
Median dwelling value (owners)$900K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority12%
Bachelor's or higher (25–64)75%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Chinese · 1%

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

Rankings

Living Area

above average
1,616 sqft
0255075100
Same streetBottom 12%Same areaBottom 2%CitywideTop 25%
Same street · Park Place E
#236 / 267
Bottom 12% · Avg 2,896 sqft
Same area · South Tuxedo
#770 / 787
Bottom 2% · Avg 2,840 sqft
Citywide · Winnipeg
#47,787 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
522k
0255075100
Same streetBottom 12%Same areaBottom 2%CitywideTop 16%
Same street · Park Place E
#235 / 267
Bottom 12% · Avg 1.02M
Same area · South Tuxedo
#769 / 787
Bottom 2% · Avg 1.01M
Citywide · Winnipeg
#31,974 / 194,458
Top 16% · Avg 390.1k

Year Built

Elite
2003
0255075100
Same streetTop 6%Same areaTop 4%CitywideTop 16%

Lot Size

Elite
11,560 sqft
0255075100
Same streetBottom 44%Same areaTop 34%CitywideTop 4%

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

98 Park Place E — 12 amenities found within 500 m, across 4 categories, including 3 dining (nearest 487 m), 4 healthcare (nearest 481 m), 3 shopping (nearest 254 m).

Search radius
🍽️Dining3
🏥Healthcare4
🛒Shopping3
💪Sports2

Crime & Safety

South Tuxedo · WPS public data · 2025

Annual incidents

58

2025

vs. city avg

+97%

relative to avg

Year-over-year

-22%

vs. prior year

Primary type

Property

83%

Sales History

98 Park Place E: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 98 Park Place E, Winnipeg

98 Park Place E — Property Summary

Key Characteristics & Buyer Fit

This is a 2003-built home with 1,616 sqft of living space on a 11,560 sqft lot, currently assessed at $522,000. What stands out here is the contrast between the property’s position within its immediate surroundings and its value relative to the rest of Winnipeg.

On its own street (Park Place E) and within the South Tuxedo neighbourhood, the home ranks below average in both living area and assessed value. The average home in this area is significantly larger (around 2,800–2,900 sqft) and valued near $1 million. The lot size is in the middle of the pack locally—around average for the street and neighbourhood.

But zoom out to the city level, and the picture flips. Citywide, this home is in the top 25% for living area (well above the typical 1,342 sqft), top 16% for assessed value, and the land area places it in the top 4% citywide. The year built (2003) is also strong: top 6% on the street, top 4% in the neighbourhood, and top 16% citywide.

Where the appeal lies: The main draw is the lot size and the newer construction relative to the older housing stock in South Tuxedo. For someone who wants a well-maintained, relatively modern home on a large lot in an established neighbourhood—without paying for a house that’s been fully renovated or expanded to match the area’s luxury standard—this could offer a quieter entry point into a high-value area. It’s not a showpiece; it’s a solid, sensible home in a desirable pocket.

Who it would suit: Buyers who want South Tuxedo access and a large lot, but are comfortable with a smaller living footprint and don’t need the highest-end finishes. Also suited to those who see potential to add square footage or renovate later, given the generous land. Less suited to buyers looking for a turnkey luxury home or maximum interior space.


Frequently Asked Questions

1. Why is the assessed value so much lower than the neighbourhood average ($522K vs. $1.01M)?
The neighbourhood average includes many larger, older homes on expansive lots that have been significantly upgraded or rebuilt. This home’s living area is about 1,000 sqft smaller than the local average, and it hasn’t undergone a major modern renovation that would push its assessed value closer to the neighbourhood median. The value is low relative to the street, but high relative to the city overall.

2. Is this property a good candidate for expansion or a secondary dwelling?
At 11,560 sqft, the lot is larger than 96% of properties citywide, though only average for South Tuxedo. Whether you can add square footage or build a secondary suite depends on current zoning and setbacks. The lot size gives you flexibility, but the neighbourhood’s character and municipal regulations may limit what’s allowed. A check with the city’s planning department is recommended before assuming expansion is straightforward.

3. How does the age of the home affect maintenance and appeal?
Built in 2003, this is newer than 84% of homes citywide and 96% of homes on its street. That typically means a more modern floor plan, better insulation, and fewer immediate major system replacements (roof, furnace, windows) compared to a 1970s or 1980s home. However, it’s now over 20 years old, so items like the water heater, HVAC, and appliances may be nearing the end of their expected lifespans. It’s modern enough to avoid outdated knob-and-tube wiring or cast iron plumbing, but not new enough to assume zero deferred maintenance.

4. Is the living area small for a detached home in this price range?
At 1,616 sqft, it is below average for South Tuxedo, but it’s larger than the typical Winnipeg home. For context, the citywide median living area is about 1,342 sqft. So this is a moderately sized home in a city context, but a compact one within its immediate neighbourhood. If you’re used to suburban homes in the 2,000+ sqft range, it will feel snug. If you’re coming from an older Winnipeg bungalow or a condo, it will feel spacious.

5. What is the neighbourhood like in terms of walkability and amenities?
South Tuxedo is primarily a low-density, established residential area with large lots, mature trees, and a quiet, private character. It is not a walkable, mixed-use neighbourhood in the downtown sense. You will likely need a car for most errands. The area is known for its proximity to Assiniboine Park and the Tuxedo Golf Course, and it attracts buyers who value space, privacy, and prestige over convenience to retail or transit.

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