22 Keith Black Bay

River East, Winnipeg

Property score

78.7

Good

Overall 78.7 · Newer than most nearby homes

1,412 sqft (top 37%) · Built in 1983 (7 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

Near average

1% larger than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 83%French · 2%

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

78.7 is composed by the two sections below.

Property Score

74.9Good
Living Area1,412 sqft75Good
Year Built198373Good
Lot Size7,670 sqft91Excellent
Neighbourhood Sales Activity32Low

Community Score

84.4Excellent
Household Income90Excellent
Education Level63Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110771

Community deep dive

$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

Population, labour & age

Population (2021)465
Labour force participation rate55%
Median age46.4
Avg household size2.6
Unemployment rate0%
Population density3100 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households13%
Couple families with children33%
Median household income (2020)$114K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority5%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,412 sqft
0255075100
Same streetBottom 30%Same areaTop 37%CitywideTop 35%
Same street · Keith Black Bay
#7 / 10
Bottom 30% · Avg 1,591 sqft
Same area · River East
#1,046 / 2,836
Top 37% · Avg 1,399 sqft
Citywide · Winnipeg
#67,939 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
446k
0255075100
Same streetTop 40%Same areaTop 25%CitywideTop 29%
Same street · Keith Black Bay
#4 / 10
Top 40% · Avg 424.6k
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
1983
0255075100
Same streetTop 10%Same areaTop 13%CitywideTop 31%

Lot Size

above average
7,670 sqft
0255075100
Same streetTop 30%Same areaTop 24%CitywideTop 13%

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

22 Keith Black Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 141 m).

Search radius
🌳Parks3

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 3/2023CA$450k–500k
Sold price

Same street

Top 40%

Same area

Top 14%

City-wide

Top 18%

Related homes

Highlights & common questions: 22 Keith Black Bay, Winnipeg

Property Overview: 22 Keith Black Bay, River East, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 22 Keith Black Bay presents as a solid, established property in Winnipeg's River East neighborhood. Built in 1983, it is newer than many homes in the area and sits on a notably generous lot of over 7,600 sqft, offering more outdoor space than most properties city-wide. With 1,412 sqft of living area, its size is consistently average when compared to the street, neighborhood, and city, suggesting it meets typical expectations for space without standing out as particularly large or small.

The appeal lies in its balanced, above-average positioning across several key metrics. Its assessed value ranks above average for both the neighborhood and city, indicating perceived stability and desirability. The combination of a newer build year, a larger-than-standard lot, and a value that holds strong against local benchmarks points to a well-situated property without extreme peaks or valleys. It would suit buyers looking for a pragmatic, move-in-ready home in a mature neighborhood, offering a good balance of indoor and outdoor space without the premium price tag of a top-tier or fully renovated property. It’s a sensible choice for those prioritizing lot size and a more recent build over ultra-modern finishes or maximum square footage.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to what it last sold for?
The property sold in March 2023 for a price between $450,000 and $500,000. Its current assessed value of $446,000 sits within or near that recent sale range, suggesting the assessment aligns with fairly recent market activity.

2. Is the lot size a significant advantage?
Yes. The lot of 7,670 sqft ranks in the top 13% city-wide and is larger than the average on its street. This provides more privacy, yard space, and potential for outdoor use or future additions compared to many Winnipeg homes.

3. How does the home’s age affect its condition?
Built in 1983, the home is newer than many in River East and Winnipeg overall. This can mean fewer issues with outdated building materials or major systems nearing end-of-life than in older homes, though a property-specific inspection is still essential.

4. Are the property taxes likely to be high?
The assessed value is above the neighborhood and city averages. As property taxes are based on this assessment, the taxes for this home are likely to be proportionally higher than for a property with an average or below-average assessment in Winnipeg.

5. Where can I get verified historical sale data for this property?
The provided sold price is based on public data. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site, as MLS data is not displayed here due to industry rules.

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