Property score
87.3
Excellent
Overall 87.3 · Larger and newer than most nearby homes
2,111 sqft (top 19%) · Built in 1981 (5 yrs newer than avg)
Located in a high-income area with median household income of ~168k
Transit 66.0 · 10-min walk to transit with 4 nearby routes · Within 500m: 1 school, 4 parks, and 1 place of worship nearby
Living Area
Above average
26% larger than neighborhood avg.
Year Built
Above average
5 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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87.3 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 houses (non-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.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
14 Waterhouse Bay — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 418 m), 4 parks (nearest 233 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 11% | Top 7% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 14 Waterhouse Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 14 Waterhouse Bay in River West Park is a standout property defined by its above-average size and premium valuation within its community. Built in 1981, it is a relatively newer home for the neighborhood, which is predominantly composed of late-1970s builds. With 2,111 square feet of living space, it offers more room than most homes in Winnipeg, ranking in the top 8% city-wide. The lot size of 7,242 square feet is generous compared to the city average, providing ample outdoor space.
The primary appeal lies in its established prestige and space. It holds the highest assessed value on its street ($607k), indicating it is considered a premium property in its immediate area. This suggests potential for higher-quality finishes, updates, or a superior location on the bay. The home would suit buyers looking for a move-in-ready, spacious family home in a mature neighborhood without sacrificing modern conveniences. It’s ideal for those who value a strong community identity and a property that already holds a leading position in its local market, rather than a fixer-upper project. A thoughtful perspective is that while the home is newer than many neighbors, a 1981 build still requires due diligence on major systems like roofing, windows, and HVAC, which may be nearing the end of their typical lifespans.
Section 2: Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The property sold for an estimated $650k-$700k in late 2024, which is above its $607k assessed value. This is common and indicates strong market demand, but the exact sale price can be requested for precise analysis.
2. Is the living space efficiently configured?
While the square footage is generous, the layout (number of bedrooms, bathrooms, open-concept vs. segmented rooms) isn't detailed here. The total space is above average, but viewing the floor plan is essential to understand its functionality for your needs.
3. What does the "Elite" ranking for year built in the neighborhood mean?
It means this home (1981) is among the newest 2% in River West Park. This can be an advantage, potentially meaning fewer immediate renovations and updates that are common in older homes. However, the neighborhood's overall older character (average build year 1976) suggests a consistent, established streetscape.
4. The lot is smaller than the neighborhood average. Is that a concern?
The lot is slightly smaller than the average for River West Park but is still larger than the typical Winnipeg lot. This often indicates a well-sized yard that is manageable to maintain while still providing private outdoor space. The specific layout of the lot (depth, width, backyard privacy) would be key.
5. How can I verify the exact sale price and history?
The provided sold price is an estimated range from public data. For fully verified figures and a complete transaction history, you must request a manual lookup from the site, as MLS data is not displayed here due to industry rules.
