Property score
75.2
Good
Overall 75.2 · Older than most nearby homes
1,455 sqft (top 34%) · Built in 1974 (2 yrs older than avg)
Located in a high-income area with median household income of ~100k
Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 4 parks, 2 place of worships, and 1 government office nearby
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 75%Punjabi · 3%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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75.2 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110741
$100K
Median household income
$113K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
15%
Single-person households
27%
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
12 Heidelberg Bay — 7 amenities found within 500 m, across 3 categories, including 4 parks (nearest 69 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Top 35% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 12 Heidelberg Bay in Winnipeg's River East neighborhood presents a balanced offering of space, value, and location. Built in 1974, it is a typical home for its street and area in terms of age and living space, but it stands out for its generous lot size. The property sits on a 9,489 sqft parcel, which is notably larger than most lots in both the neighborhood and the wider city. With an assessed value of $437,000, it is positioned above average for River East but aligns closely with city-wide norms for comparable homes.
Key Characteristics & Appeal
The primary appeal of this property lies in its land. The lot size is in the top 13% for the neighborhood and the top 7% city-wide, offering significant outdoor space for gardening, recreation, or future expansion—a relative rarity in this price segment. The 1,455 sqft living area is comfortably above average for its immediate street and provides ample room for a family. Its assessed value suggests a solid, established presence in a stable area without being priced at a premium for the city. This home would suit practical buyers who prioritize usable land over a brand-new build, such as growing families seeking room for children to play, hobbyists wanting garden space, or long-term owners who value the potential for outdoor amenities. It’s a home for someone who sees the value in a established community and a larger-than-average yard, rather than seeking the newest finishes or the most prestigious postal code.
1. How does the assessed value relate to the likely selling price?
The assessed value of $437,000 is for municipal tax purposes and serves as a benchmark. It indicates the home is valued above the neighborhood average but is typical city-wide. The final sale price will be determined by current market conditions, the home's interior condition, and buyer demand.
2. What does the lot size ranking actually mean for me?
Ranking in the top 7% city-wide for lot size means you are getting significantly more land than the vast majority of similar Winnipeg homes. This translates to more privacy, larger yard space, and potentially more flexibility for additions, sheds, or landscaping compared to tightly packed lots.
3. The home was last sold in 2019. Is there more detailed price history available?
The public data shows a sold price range of CA$400k–450k for March 2019. To obtain the exact historical sale figures and a full transaction history, you must request a manual lookup from the site via email, as this data is not sourced from the MLS.
4. How does this home compare to others on Heidelberg Bay?
On its own street, this home is above average in living space (#2 out of 8) and around average for assessed value, year built, and lot size. It is a representative, well-sized property for this specific bay, with its lot being slightly larger than the street's average.
5. Is the 1974 build date a concern?
The year built is typical for the area. While not a new home, it is actually newer than the city-wide average for comparable properties. As with any home of this age, a thorough inspection is essential to understand the condition of major systems like roof, windows, plumbing, and electrical, which may be due for updates or replacement.
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