Property score
86.3
Excellent
Overall 86.3 · Larger and newer than most nearby homes
2,141 sqft (top 19%) · 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
Above average
28% 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)
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 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
51 Waterhouse Bay — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 300 m), 5 parks (nearest 268 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 33% | Top 15% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 51 Waterhouse Bay, River West Park, Winnipeg
Key Characteristics & Appeal
This home at 51 Waterhouse Bay presents a compelling mix of space, established value, and location. Its primary appeal lies in its generous 2,141 sqft of living area, which ranks well above average for the neighborhood and city, offering more interior room than most comparable Winnipeg homes. With an assessed value of $579k, the property sits in a tier above its immediate peers on Waterhouse Bay and in River West Park, suggesting a perception of higher quality, updates, or desirability within its locale.
Built in 1977, the house is typical for its street but is actually newer than many in the broader River West Park area. A thoughtful perspective is that while the lot size is slightly smaller than others on the street, it remains above the citywide average, potentially offering a balance of manageable outdoor maintenance without sacrificing yard space.
This property would suit buyers looking for an established home in a mature neighborhood who prioritize interior square footage. It’s ideal for someone seeking a residence that already stands above the norm in terms of size and assessed value within its community, likely appealing to growing families or those wanting room to entertain without venturing into newer, more peripheral subdivisions.
Frequently Asked Questions
How does the lot size compare?
The land area is 6,754 sqft, which is slightly below the average for Waterhouse Bay but remains larger than the typical Winnipeg lot. It suggests a manageable yard within a street of mostly larger properties.
What does the assessed value ranking indicate?
Ranking in the top 14% on its street and in the neighborhood, the $579k assessment is consistently higher than local averages. This often reflects factors like renovations, premium finishes, or a favorable location on the bay, but it's important to verify the home's specific condition.
When was it last sold and for how much?
Records show it sold in July 2021 for between $550,000 and $600,000. This placed it in the top 15% of sale prices for the River West Park area at that time.
How can I get the exact historical sale price?
The provided data shows a price range. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS records directly.
Is the home newer or older than its neighbors?
Built in 1977, it is very typical for its immediate street but is actually newer than the average home in the wider River West Park neighborhood, which may be a positive for some buyers.
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