5 Natalie Bay

River East, Winnipeg

Property score

62.4

Fair

Overall 62.4 · Older than most nearby homes

1,215 sqft (bottom 43%) · Built in 1970 (6 yrs older than avg)

Located in a average-income area with median household income of ~59.2k

Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 7 parks, 1 sports facility, and 2 place of worships nearby

Living Area

Near average

13% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 76%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

62.4 is composed by the two sections below.

Property Score

65.6Good
Living Area1,215 sqft66Good
Year Built197052Fair
Lot Size8,170 sqft93Excellent
Neighbourhood Sales Activity32Low

Community Score

57.6Fair
Household Income62Fair
Education Level44Low
Housing Stress63Fair
Core Housing Need63Fair
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: #46110742

Community deep dive

$59K

Median household income

$72K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

46%

Single-person households

13%

Families with children

Population, labour & age

Population (2021)559
Labour force participation rate56%
Median age51.2
Avg household size1.8
Unemployment rate10%
Population density3493 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households46%
Couple families with children13%
Median household income (2020)$59K

Housing

Renter households50%
Condominium dwellings0%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority13%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 75%
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

around average
1,215 sqft
0255075100
Same streetTop 43%Same areaBottom 43%CitywideTop 49%
Same street · Natalie Bay
#3 / 7
Top 43% · Avg 1,211 sqft
Same area · River East
#1,609 / 2,836
Bottom 43% · Avg 1,399 sqft
Citywide · Winnipeg
#94,887 / 194,458
Top 49% · Avg 1,342 sqft

Tax-Assessed Value

around average
338k
0255075100
Same streetBottom 1%Same areaBottom 20%CitywideBottom 42%
Same street · Natalie Bay
#7 / 7
Bottom 1% · Avg 374.1k
Same area · River East
#2,257 / 2,836
Bottom 20% · Avg 401.1k
Citywide · Winnipeg
#112,954 / 194,458
Bottom 42% · Avg 390.1k

Year Built

above average
1970
0255075100
Same streetTop 14%Same areaBottom 12%CitywideTop 48%

Lot Size

above average
8,170 sqft
0255075100
Same streetTop 43%Same areaTop 20%CitywideTop 11%

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

5 Natalie Bay — 10 amenities found within 500 m, across 3 categories, including 7 parks (nearest 166 m).

Search radius
🌳Parks7
💪Sports1
Worship2

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 8/2024CA$400k–450k
Sold price

Same street

Bottom 33%

Same area

Top 34%

City-wide

Top 31%
Sold 7/2022CA$350k–400k
Sold price

Same street

Bottom 1%

Same area

Top 44%

City-wide

Top 39%

Related homes

Highlights & common questions: 5 Natalie Bay, Winnipeg

Property Overview & Appeal

This home at 5 Natalie Bay in Winnipeg's River East neighborhood presents a practical opportunity in a mature area. Built in 1970, its 1,215 sqft living space is squarely average for its street and city, offering a comfortable footprint without being oversized. The standout feature is the 8,170 sqft lot, which is notably larger than most in both the neighborhood and across Winnipeg, providing valuable outdoor space and potential.

Its appeal lies in its grounded value proposition. With a current assessed value of $338k, it sits below the average for its immediate street and area, which could signal a more accessible entry point into the neighborhood. The home suits first-time buyers or downsizers looking for a manageable house with a generous yard in a well-established community. It’s a property for those who prioritize land size and value over a modern or recently renovated home, appealing to a buyer with a vision for outdoor space or gradual updates.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
Not always. The assessed value of $338k is for municipal tax purposes. Recent sales history shows it last sold for between $400k-$450k in August 2024, which is a more current market indicator. The assessed value being lower than recent sale prices is common.

2. How does the lot size compare to typical Winnipeg homes?
Very favorably. The lot is over 8,100 sqft, placing it in the top 20% within River East and the top 11% city-wide. This is a significant asset, offering more privacy, gardening space, or room for additions than many properties.

3. The home was built in 1970. What should I consider?
While the construction date is typical for the area, it means essential systems (like roof, windows, plumbing, and electrical) are likely original or older. A thorough inspection is crucial to understand the condition and plan for potential updates or maintenance.

4. How does this property rank against its direct neighbors?
The data shows a mix. It has the newest build year on its street of seven homes, but the lowest assessed value. Its living area and lot size are around the street average. This suggests it may be a more modest offering on a street with some higher-valued homes.

5. Can I get the exact historical sale prices?
The site provides sold price ranges publicly. To obtain the exact figures, you must request them directly via email, as this data is not sourced from the MLS system. They state the information will be provided manually, typically by the end of the same day.

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