Property score
76.2
Good
Overall 76.2 · Smaller but newer than most nearby homes
1,280 sqft (bottom 27%) · Built in 1978 (2 yrs newer than avg)
Located in a high-income area with median household income of ~168k
Transit 60.0 · 10-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 5 parks nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Above average
2 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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76.2 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
82 Waterhouse Bay — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 360 m), 5 parks (nearest 321 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 | Bottom 22% | Top 39% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 82 Waterhouse Bay, River West Park, Winnipeg
Key Characteristics & Appeal
This 1,280 sqft bungalow, built in 1978 on a 6,816 sqft lot, presents a compelling value proposition defined by its context. Its primary appeal lies in offering above-average citywide value for a manageable, single-level home on a good-sized lot, situated in a mature, established neighborhood.
The home’s characteristics are a study in contrasts depending on the scale of comparison. Within its immediate street and the broader River West Park area, the living space is below the local average, making it one of the more modestly sized homes in the vicinity. However, when viewed across Winnipeg, it sits around the citywide average for living area and boasts an above-average lot size. This positions it as a more spacious alternative compared to many typical city lots.
Its assessed value of $515,000 follows a similar pattern: it is around average for its street and neighborhood but ranks well above average citywide, indicating that the River West Park area commands a premium. The home last sold in July 2022 for an estimated $450,000-$500,000.
This property would best suit practical buyers seeking value and space in a well-regarded neighborhood without the upkeep of a very large house. It’s ideal for downsizers, first-time buyers looking for a solid entry into a premium area, or investors attracted by the strong citywide value metrics and the stability of the community. It offers the chance to live in a desirable location where other homes are often larger and more expensive, providing a relative value while allowing for future modernization.
Frequently Asked Questions
1. Is the house smaller than others on the street?
Yes. At 1,280 sqft, the living area is notably below the street average (1,916 sqft), ranking it 50th out of 51 homes on Waterhouse Bay. This is its most significant local differentiator.
2. How does its value compare to the rest of Winnipeg?
Its $515,000 assessed value ranks in the top 17% citywide, well above the Winnipeg average of ~$390,100. This highlights the premium associated with the River West Park neighborhood.
3. What is the lot size like?
The 6,816 sqft lot is above the Winnipeg average, offering good outdoor space. It is slightly below the street average but typical for the general neighborhood.
4. When was it last sold and for how much?
It sold in July 2022. Public data shows an estimated sale price range of $450,000 to $500,000. For verified, exact historical sale figures, a manual lookup can be requested from the site.
5. Are there similar homes nearby for comparison?
Yes. The listing provides several nearby references on Waterhouse Bay and surrounding streets, with varied sizes and values. For example, 99 Waterhouse Bay is larger (1,900 sqft) with a slightly lower assessed value, offering a direct point of comparison.
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