Property score
85.9
Excellent
Overall 85.9 · Larger and newer than most nearby homes
2,183 sqft (top 7%) · Built in 1981 (5 yrs newer than avg)
Located in a high-income area with median household income of ~114k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Above average
56% larger than neighborhood avg.
Year Built
Above average
5 yrs newer than neighborhood avg.
Mother tongue
English · 83%French · 2%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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85.9 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: #46110771
$114K
Median household income
$127K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
13%
Single-person households
33%
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
14 Principal Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 254 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 50% | Top 2% | Top 6% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Top 21% | Top 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 14 Principal Bay, River East, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated River East home presents a compelling opportunity centered on space and established value. Built in 1981, it offers a generous 2,183 sqft of living area, which places it consistently above average—ranking in the top 7% within the neighborhood and city. This substantial size is complemented by a large, private lot of over 9,100 sqft, providing ample outdoor space that is well above city norms.
The home’s primary appeal lies in its clear positional strength within its immediate market. Its assessed value of $543k leads its own street and sits comfortably in the top 6% for River East, suggesting it is a premium property within a desirable local context. The historical sale data shows significant value growth, with the last sale in 2023 being notably higher than the 2017 purchase, indicating strong appreciation.
This property would best suit buyers looking for an established, spacious family home in a mature neighborhood. It’s ideal for those who prioritize interior square footage and a sizable yard over a brand-new build. The numbers suggest it appeals to a buyer seeking a home that already holds a leading position on its street and in the area, offering a sense of stability and proven investment.
Section 2: Frequently Asked Questions
1. How does this home’s size truly compare to others?
The living area is a standout feature. It is larger than 93% of comparable homes in Winnipeg and 93% in River East, making it a genuinely spacious offering in the market.
2. What does the assessed value ranking indicate?
An assessment of $543k ranks #1 on its street and in the top 6% of the neighborhood. This typically reflects the city’s valuation of the property’s condition, location, and features relative to others, often correlating with desirability and tax base.
3. Is the lot size a significant feature?
Yes. At 9,128 sqft, the lot is larger than 92% of comparable city lots and 85% in River East. This offers rare potential for privacy, gardening, expansion, or outdoor recreation that is hard to find in many city areas.
4. The home was sold recently in 2023. What does that history show?
The 2023 sale price range was markedly higher than the 2017 sale, demonstrating considerable appreciation over six years. This pattern may interest buyers looking at historical value trends.
5. How can I verify the exact past sale prices?
The publicly displayed prices are shown in broad ranges. For precise sale figures and a full transaction history, you must request a manual lookup from the site provider via email, as they do not publish MLS data directly.
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