Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Peters Bay): Below Average. Ranked #12 out of 17 (Bottom 29%). The street average for comparable homes is 1,441 sqft.
Neighborhood Level (River East): Around Average. Ranked #1,388 out of 2,836 (Top 49%). The neighborhood average for comparable homes is 1,399 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #83,140 out of 194,457 (Top 43%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Peters Bay): Around Average. Ranked #5 out of 17 (Top 29%). The street average for comparable homes is 495.1k.
Neighborhood Level (River East): Around Average. Ranked #838 out of 2,836 (Top 30%). The neighborhood average for comparable homes is 477.6k.
Citywide Level (Winnipeg): Around Average. Ranked #50,646 out of 194,455 (Top 26%). The citywide average for comparable homes is 435.4k.
Street Level (Peters Bay): Below Average. Ranked #15 out of 17 (Bottom 12%). The street average for comparable homes is 1982.
Neighborhood Level (River East): Around Average. Ranked #748 out of 2,836 (Top 26%). The neighborhood average for comparable homes is 1976.
Citywide Level (Winnipeg): Around Average. Ranked #65,485 out of 194,457 (Top 34%). The citywide average for comparable homes is 1966.
Street Level (Peters Bay): Above Average. Ranked #2 out of 17 (Top 12%). The street average for comparable homes is 6,032 sqft.
Neighborhood Level (River East): Above Average. Ranked #531 out of 2,836 (Top 19%). The neighborhood average for comparable homes is 7,084 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #19,512 out of 194,457 (Top 10%). The citywide average for comparable homes is 6,570 sqft.
River East market pulse
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.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
24 Peters Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 182 m).
Crime & safety
Waste collection schedule
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Related homes
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Address · Year Built · Living Area
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 24 Peters Bay, Winnipeg
Key Characteristics & Appeal
This home at 24 Peters Bay in River East presents a balanced, grounded offering. Its primary appeal lies in the generous 8,367 sqft lot, which is significantly larger than average for the street, neighborhood, and city. This provides excellent outdoor space and potential. The house itself, built in 1980 with 1,283 sqft of living area, is functionally sized but slightly smaller than others on its street. Its assessed value of $425k aligns closely with local and city-wide averages, indicating a stable, market-appropriate valuation.
This property would suit a buyer who prioritizes land size over a larger interior footprint, ideal for gardening, family play, or future expansion. It’s a practical choice for someone seeking a home in a mature neighborhood without a premium price tag for extra square footage. A thoughtful perspective is that while the home is newer than many in Winnipeg, it is actually one of the older homes on its specific block, suggesting a well-established streetscape. The data shows a solid, middle-of-the-road investment—not a standout in size or newness, but offering the notable advantage of a bigger-than-average yard in a stable context.
Frequently Asked Questions
1. How does this home’s size compare to its neighbors?
The living area is slightly below the average for Peters Bay street, but is very close to the average for both the wider River East neighborhood and the city of Winnipeg as a whole.
2. Is the assessed value reasonable for the area?
Yes. The $425k assessment is consistently around the average mark when compared to similar homes on the street, in River East, and across Winnipeg, suggesting it is fairly valued by the assessor.
3. What is the most standout feature of this property?
The land size. At over 8,300 sqft, the lot is well above average at every comparison level, offering more private outdoor space than most comparable properties.
4. When was it last sold and for how much?
Public records indicate a sale between October 2017, with a sold price in the range of CA$300,000–$350,000. Exact figures require a manual lookup.
5. Is this a newer or older home for the area?
Built in 1980, it is newer than the average Winnipeg home. However, on its own street, it is slightly older than the average, placing it in a mature, established part of the neighborhood.