Property score
86.3
Excellent
Overall 86.3 · Larger and newer than most nearby homes
2,099 sqft (top 22%) · Built in 1980 (4 yrs newer than avg)
Located in a high-income area with median household income of ~168k
Transit 58.0 · 12-min walk to transit with 4 nearby routes · Within 500m: 2 schools, 4 parks, and 1 place of worship nearby
Living Area
Above average
25% larger than neighborhood avg.
Taon ng Paggawa
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 92%French · 1%
Past 10 years River West Park sales snapshot (~80% of all data)
162
489.9k
$333/sqft
1976
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86.3 is composed by the two sections below.
Property Score
Community Score
River West Park
How to read: Share of sales in each ~$50k price band for “river west park” (Detached na bahay (hindi 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: #46111089
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
122 Waterhouse Bay — 7 amenities found within 500 m, across 3 categories, including 2 education (nearest 463 m), 4 parks (nearest 191 m).
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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Top 17% | Top 8% | Top 4% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 122 Waterhouse Bay, River West Park, Winnipeg
Key Characteristics & Appeal
This home at 122 Waterhouse Bay presents a compelling mix of above-average living space and a premium assessed value within a well-established Winnipeg neighborhood. Built in 1980, it is a relatively newer home for the River West Park area, ranking in the top 4% of the neighborhood for its year of construction. The 2,099 sqft of living area is notably spacious, placing it above average for the neighborhood and city-wide. A key standout is its assessed value of $594k, which ranks as elite on its own street (top 4%) and well above average in broader comparisons, signaling a property perceived as high-quality within its market.
The appeal lies in acquiring a home that outperforms most peers in terms of modern build, interior space, and official valuation, all on a manageable 6,816 sqft lot. It suits buyers looking for a move-in-ready, spacious home in a mature area without needing a massive yard to maintain. The historical sale price (between $650k-$700k in 2021) suggests it has commanded a premium, making it a potential fit for buyers who value proven market strength and are less focused on finding a "fixer-upper" or the largest possible lot.
Frequently Asked Questions
1. How does the lot size compare?
While the living space and value are above average, the lot size of 6,816 sqft is slightly below the average for Waterhouse Bay street itself. However, it remains above the city-wide average, offering a balanced yard space that requires less upkeep than larger lots in the area.
2. What does the "Elite" assessed value ranking mean?
An assessed value ranking in the top 4% on its street means this home is officially valued significantly higher than most direct neighbors. This often reflects factors like superior construction, finishes, additions, or overall condition, but it also typically results in a higher property tax bill.
3. Are the sold price figures shown exact?
No. The displayed sold price range (CA$650k–700k for August 2021) is an estimate from public data. To obtain the exact historical sale price and full transaction history, you must request it directly from the site via email, as they do not display MLS records.
4. How does this home compare to nearby properties?
The provided comparisons show nearby homes are typically older (late 1970s) and have lower assessed values and often less living area. This highlights 122 Waterhouse Bay's position as a newer, more valuable property on its street and in the immediate vicinity.
5. Is the year built a significant advantage?
In River West Park, where many homes were built in the mid-to-late 1970s, a 1980 build date is a relative advantage. It may indicate updates in building codes, materials, and layout trends of the early 80s, potentially reducing the immediacy of major system replacements compared to older neighbors.
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