11 Matthew Bay

River East, Winnipeg

Property score

79.6

Good

Overall 79.6 · Newer than most nearby homes

1,514 sqft (top 31%) · Built in 1979 (3 yrs newer than avg)

Located in a high-income area with median household income of ~118k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby

Living Area

Near average

8% larger than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 83%French · 1%

Past 10 years River East sales snapshot (~80% of all data)

Sold Count

826

Median price

425k

$/sqft

$395/sqft

Avg build year

1976

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Property score

79.6 is composed by the two sections below.

Property Score

76.1Good
Living Area1,514 sqft79Good
Year Built197967Good
Lot Size7,926 sqft91Excellent
Neighbourhood Sales Activity32Low

Community Score

84.9Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

Neighbourhood Sales

River East

How to read: Share of sales in each ~$50k price band for “river east” (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: #46110772

Community deep dive

$118K

Median household income

$116K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

17%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)347
Labour force participation rate54%
Median age52.0
Avg household size2.4
Unemployment rate6%
Population density2669 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households17%
Couple families with children32%
Median household income (2020)$118K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$388K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority13%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 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
1,514 sqft
0255075100
Same streetBottom 12%Same areaTop 31%CitywideTop 30%
Same street · Matthew Bay
#7 / 8
Bottom 12% · Avg 1,802 sqft
Same area · River East
#873 / 2,836
Top 31% · Avg 1,399 sqft
Citywide · Winnipeg
#57,543 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
446k
0255075100
Same streetTop 50%Same areaTop 25%CitywideTop 29%
Same street · Matthew Bay
#4 / 8
Top 50% · Avg 445.4k
Same area · River East
#698 / 2,836
Top 25% · Avg 401.1k
Citywide · Winnipeg
#56,541 / 194,458
Top 29% · Avg 390.1k

Year Built

above average
1979
0255075100
Same streetBottom 12%Same areaTop 29%CitywideTop 34%

Lot Size

above average
7,926 sqft
0255075100
Same streetTop 13%Same areaTop 22%CitywideTop 12%

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

11 Matthew Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 37 m).

Search radius
🌳Parks2

Crime & Safety

River East · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

71%

Sales History

Sold 8/2017CA$350k–400k
Sold price

Same street

Bottom 1%

Same area

Top 40%

City-wide

Top 35%

Related homes

Highlights & common questions: 11 Matthew Bay, Winnipeg

Property Overview: 11 Matthew Bay, River East, Winnipeg

Key Characteristics & Appeal

This home presents a compelling mix of space, value, and potential. At 1,514 sqft, its living area is notably above the Winnipeg average, offering more interior room than most city homes. Its most standout feature is the generous 7,926 sqft lot, which ranks in the top 12% city-wide and is the largest on its street, providing exceptional outdoor space for gardening, recreation, or future expansion.

The appeal lies in its balanced positioning. While the home itself is slightly older than others on Matthew Bay, it sits on a premium lot in a stable neighborhood. Its assessed value of $446k is consistently above average for both River East and Winnipeg, indicating solid long-term investment in the area. This property suits practical buyers who prioritize land size and interior space over a newer build. It’s ideal for those seeking a family home with room to grow outdoors, or for value-conscious buyers who see potential in a well-located property where the land itself is a significant asset.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
While its living area is slightly below the average for Matthew Bay street, it is larger than the typical home in both the wider River East neighborhood and across Winnipeg. The lot size, however, is significantly larger than most comparable properties at all levels.

2. What does the assessed value tell me?
The $446k assessment is above the neighborhood and city averages, suggesting the property is valued favorably by municipal assessors compared to its peers. It ranks around the middle on its own street.

3. When was it last sold, and for how much?
Public records indicate a sale between August and September 2017, with a sold price in the range of CA$350,000 to $400,000. Exact figures require a manual lookup from the provider.

4. Is the home older than others in the area?
Built in 1979, it is slightly older than the average home on Matthew Bay but is actually newer than the average for the River East neighborhood and is around the city-wide average age for comparable homes.

5. Where can I see more detailed comparisons with neighboring properties?
You can open the dedicated neighbourhood analysis page to view this property on a map alongside nearby homes, comparing year built, living area, assessed value, and lot size in detail.

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