Property score
57.0
Fair
Overall 57.0 · Newer than most nearby homes
1,053 sqft (bottom 32%) · Built in 1960 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~67k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 1 government office nearby
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 65%French · 4%
Past 10 years Mathers sales snapshot (~80% of all data)
143
348k
$334/sqft
1958
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57.0 is composed by the two sections below.
Property Score
Community Score
Mathers
How to read: Share of sales in each ~$50k price band for “mathers” (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: #46111033
$67K
Median household income
$74K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
43%
Single-person households
15%
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
954 Renfrew Bay — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 269 m).
Mathers · WPS public data · 2026
Annual incidents
11
2026
vs. city avg
-63%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
82%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 1% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 954 Renfrew Bay, Winnipeg
Key Characteristics & Appeal
This home at 954 Renfrew Bay in the Mathers neighbourhood presents a distinct profile defined by its contrasts. Its primary appeal lies in being a newer-built home within an older, established area. Built in 1960, it ranks among the top 5% newest homes on its street, offering potential advantages in building materials, layout, and systems compared to many neighbours. With 1,053 sqft of living space, it sits around the city-wide average, providing a practical footprint for daily life.
The property’s standout characteristic is its very low assessed value ($24,700), which places it well below average for the area and city. This, combined with the modest lot size (3,337 sqft), suggests it could be an accessible entry point into the neighbourhood. The appeal here is practical and financial: a chance to own a relatively newer, average-sized home with a correspondingly lower property tax burden. It would suit a first-time buyer, an investor, or someone seeking a manageable property with the intent to renovate or hold long-term in a mature community. A thoughtful perspective is recognizing that a lower assessment on a newer home can indicate either a significant value opportunity or reflect the compact lot and potential need for updates, making thorough inspection key.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighbouring homes?
The assessed value is based on municipal evaluation, which considers factors like lot size, living area, age, and recent sales. This home’s below-average lot size and potentially modest finishes for its newer age likely contribute to its lower assessment compared to larger-lot properties in Mathers.
2. What does the sold price history indicate?
The home sold between $200,000 and $250,000 in 2020. This historical price, significantly higher than the current assessed value, highlights the difference between market value and tax assessment. For the exact sale price, you can request details via the provided email service.
3. Is the smaller lot size a major drawback?
It depends on your priorities. The lot is smaller than most in Mathers, which means less outdoor maintenance but also less private yard space. It can be a benefit for those seeking a low-maintenance property or a potential limitation for those wanting extensive gardening or outdoor recreation.
4. As a newer home in an older area, should I expect major renovations?
While being newer (1960) than many area homes reduces the likelihood of some age-related issues, any home of this vintage will have components nearing the end of their lifespan. The roof, windows, and major systems should be carefully evaluated during an inspection.
5. Who are the most comparable nearby properties?
The listing shows nearby homes on Renfrew Bay with similar addresses, but for true comparables in terms of value, it lists homes across Winnipeg with the same assessed value (e.g., $24,700). This suggests looking at those properties can provide context for what this assessment level typically buys in different neighbourhoods.
