Property score
82.8
Excellent
Overall 82.8 · Larger and newer than most nearby homes
1,980 sqft (top 4%) · Built in 2006 (81 yrs newer than avg)
Located in a above-average income area with median household income of ~75k
Transit 100.0 · 2-min walk to transit with 8 nearby routes · Within 500m: 37 dining spots, 2 schools, 3 healthcare facilitys, and 1 shop nearby
Living Area
Above average
76% larger than neighborhood avg.
Year Built
Above average
81 yrs newer than neighborhood avg.
Mother tongue
English · 81%French · 3%
Past 10 years Exchange District sales snapshot (~80% of all data)
317
240k
$287/sqft
1925
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82.8 is composed by the two sections below.
Property Score
Community Score
Exchange District
How to read: Share of sales in each ~$50k price band for “exchange district” (Condos, 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: #46110669
$75K
Median household income
$126K
Average household income
17%
Low income (LIM-AT)
0.4
Income inequality (Gini)
6.2
P90 / P10 ratio
54%
Single-person households
7%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
230 Waterfront Drive — 52 amenities found within 500 m, across 9 categories, including 37 dining (nearest 66 m), 2 education (nearest 200 m), 3 healthcare (nearest 10 m).
Exchange District · WPS public data · 2026
Annual incidents
48
2026
vs. city avg
+63%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
77%
230 Waterfront Drive: 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This modern, 1,980 sqft residence at 230 Waterfront Drive, built in 2006, offers a compelling blend of space and location within Winnipeg’s vibrant Exchange District. Its primary appeal lies in its contemporary construction paired with a highly desirable address. The home ranks in the top tier for its living area, assessed value, and overall street appeal compared to most properties in the city, suggesting a well-maintained and above-average offering for the area.
The property would particularly suit buyers seeking a low-maintenance, modern home in a central, culturally rich neighbourhood without the concerns of an older heritage building. It’s also a strong candidate for those who value statistical standing, as its metrics for size and assessed value consistently outperform the vast majority of Winnipeg homes. A less obvious angle is its potential as a comparative benchmark; with an assessed value significantly higher than many nearby heritage properties, it represents a different kind of investment in the district—one centred on modern comforts rather than historic restoration.
Frequently Asked Questions
1. What does the high ranking in "Assessed Value" for the street and neighbourhood indicate?
It shows this property’s municipal assessment is among the top 4% on its street and top 3% in its immediate neighbourhood. This typically reflects a combination of its modern build, larger size, and desirable location relative to older or smaller comparable properties.
2. The listing shows "Basement: No." Does this mean there is no lower level at all?
Correct. Unlike many Winnipeg homes, this property does not have a traditional basement. This means no potential for basement renovations or related moisture issues, but also no below-ground storage or utility space.
3. How does a 2006 build fit into the character of the Exchange District?
While the Exchange is known for heritage buildings, this 2006 construction offers a contemporary alternative. It provides the historic neighbourhood atmosphere and walkability without the maintenance or renovation challenges common to century-old properties.
4. The assessed value is $86.50k, but what would the expected market price be?
The assessed value is for municipal tax purposes and is typically lower than market value. The actual sale price is determined by the market. For reference, the "Similar Assessed Value" list shows other Winnipeg properties with the same assessment but in different neighbourhoods.
5. What can nearby property listings tell me about this area?
The nearby listings show a mix of modern builds and heritage properties, indicating a diverse streetscape. The wide range in assessed values (from $9.30k to over $460k) highlights the variety of building types, sizes, and conditions in the broader area, underscoring the importance of evaluating each property on its specific attributes.
