47 Waterhouse Bay

River West Park, Winnipeg

Property score

83.4

Excellent

Overall 83.4 · Newer than most nearby homes

1,794 sqft (top 40%) · Built in 1977 (1 yr newer than avg)

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

Transit 60.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 5 parks nearby

Living Area

Near average

7% larger than neighborhood avg.

Year Built

Above average

1 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

83.4 is composed by the two sections below.

Property Score

80.1Excellent
Living Area1,794 sqft86Excellent
Year Built197767Good
Lot Size6,753 sqft85Excellent
Neighbourhood Sales Activity48Low

Community Score

88.4Excellent
Household Income95Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health52Fair

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

above average
1,794 sqft
0255075100
Same streetBottom 31%Same areaTop 40%CitywideTop 17%
Same street · Waterhouse Bay
#35 / 51
Bottom 31% · Avg 1,916 sqft
Same area · River West Park
#181 / 451
Top 40% · Avg 1,678 sqft
Citywide · Winnipeg
#33,811 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
502k
0255075100
Same streetBottom 27%Same areaTop 39%CitywideTop 19%
Same street · Waterhouse Bay
#37 / 51
Bottom 27% · Avg 525.9k
Same area · River West Park
#177 / 451
Top 39% · Avg 485.6k
Citywide · Winnipeg
#37,792 / 194,458
Top 19% · Avg 390.1k

Year Built

above average
1977
0255075100
Same streetBottom 31%Same areaTop 12%CitywideTop 37%

Lot Size

above average
6,753 sqft
0255075100
Same streetBottom 14%Same areaBottom 42%CitywideTop 19%

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

47 Waterhouse Bay — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 294 m), 5 parks (nearest 256 m).

Search radius
🏫Education1
🌳Parks5

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

47 Waterhouse Bay: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

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