102 Waterhouse Bay

River West Park, Winnipeg

Property score

87.7

Excellent

Overall 87.7 · Larger and newer than most nearby homes

2,290 sqft (top 12%) · Built in 1982 (6 yrs newer than avg)

Located in a high-income area with median household income of ~168k

Transit 66.0 · 11-min walk to transit with 4 nearby routes · Within 500m: 1 school, and 4 parks nearby

Living Area

Above average

36% larger than neighborhood avg.

Year Built

Above average

6 yrs newer than neighborhood avg.

Mother tongue

English · 92%French · 1%

Past 10 years River West Park sales snapshot (~80% of all data)

Sold Count

162

Median price

489.9k

$/sqft

$333/sqft

Avg build year

1976

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Property score

87.7 is composed by the two sections below.

Property Score

87.3Excellent
Living Area96
2,290 sqftExcellent
Year Built73
1982Good
Lot Size85
6,981 sqftExcellent
Neighbourhood Sales Activity48
Low

Community Score

88.4Excellent
Household Income95
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

Neighbourhood Sales

River West Park

How to read: Share of sales in each ~$50k price band for “river west park” (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: #46111089

Community deep dive

$168K

Median household income

$190K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.0

P90 / P10 ratio

7%

Single-person households

47%

Families with children

Population, labour & age

Population (2021)548
Labour force participation rate59%
Median age45.6
Avg household size2.9
Unemployment rate14%
Population density1957 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households7%
Couple families with children47%
Median household income (2020)$168K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$588K

Diversity, education & language

Immigrants (share of pop.)5%
Visible minority5%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 91%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

Elite
2,290 sqft
0255075100
Same streetTop 12%Same areaTop 12%CitywideTop 5%
Same street · Waterhouse Bay
#6 / 51
Top 12% · Avg 1,916 sqft
Same area · River West Park
#52 / 451
Top 12% · Avg 1,678 sqft
Citywide · Winnipeg
#9,970 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
583k
0255075100
Same streetTop 8%Same areaTop 12%CitywideTop 9%
Same street · Waterhouse Bay
#4 / 51
Top 8% · Avg 525.9k
Same area · River West Park
#55 / 451
Top 12% · Avg 485.6k
Citywide · Winnipeg
#17,988 / 194,458
Top 9% · Avg 390.1k

Year Built

Elite
1982
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 32%

Lot Size

above average
6,981 sqft
0255075100
Same streetBottom 35%Same areaBottom 49%CitywideTop 17%

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

102 Waterhouse Bay — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 424 m), 4 parks (nearest 283 m).

Search radius
🏫Education1
🌳Parks4

Crime & Safety

River West Park · WPS public data · 2025

Annual incidents

25

2025

vs. city avg

-15%

relative to avg

Year-over-year

▲ +4%

vs. prior year

Primary type

Property

68%

Sales History

Sold 8/2023CA$550k–600k
Sold price

Same street

Top 39%

Same area

Top 19%

City-wide

Top 9%

Related homes

Highlights & common questions: 102 Waterhouse Bay, Winnipeg

Property Overview: 102 Waterhouse Bay, Winnipeg

Key Characteristics & Appeal

This home at 102 Waterhouse Bay in River West Park is a standout property defined by its generous space and desirable location. Its primary appeal lies in offering above-average and elite-level square footage for its immediate area, providing significant room for a growing family or those who value spacious living. With 2,290 sqft of living area, it ranks in the top 12% on its street and in the neighborhood, and an impressive top 5% city-wide. The 1982 build year is notably newer than most comparable homes nearby, ranking in the top 1-2% for the street and neighborhood, suggesting potentially fewer immediate renovation concerns.

The assessed value of $583k positions it above local averages, reflecting its premium characteristics. While the lot size is fairly typical for the street, it is above average compared to the wider city. The home last sold in August 2023 for an estimated $550k-$600k, a price point that performed well against city-wide benchmarks.

This property would best suit buyers looking for a move-in ready, spacious home in an established neighborhood, who prioritize interior living space over an exceptionally large yard. It’s a strong option for professionals or families seeking a property that offers both community familiarity and metrics that outperform most of Winnipeg.


Frequently Asked Questions

How does this home’s size truly compare to others?
It’s exceptionally spacious. With 2,290 sqft, it offers significantly more room than the average Winnipeg home (1,342 sqft) and is larger than roughly 95% of city-wide comparables.

Is the 1982 build year an advantage?
Yes, particularly in this context. It is one of the newest homes on Waterhouse Bay and in the broader River West Park area, ranking in the top 2% and 1% respectively. This often correlates with updated building standards and systems.

What does the assessed value tell me?
The $583k assessment is a formal valuation for tax purposes, not a market price. However, it consistently ranks above area averages (top 8-12% locally), indicating the city recognizes its premium attributes relative to neighbors.

The lot seems average for the street. Is that a drawback?
Not necessarily. The property trades an ultra-large lot for a significantly larger-than-average house. The lot is still above the city average. This layout appeals to those who prioritize interior space over extensive yard maintenance.

Where can I get the exact historical sale price?
The site provides an estimated sold price range. Due to industry regulations, exact MLS sale figures are not displayed here. You can request the precise transaction history via email through the provided link for a manual lookup.