99 Waterhouse Bay

River West Park, Winnipeg

Property score

86.1

Excellent

Overall 86.1 · Newer than most nearby homes

1,900 sqft (top 34%) · Built in 1978 (2 yrs newer than avg)

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

Transit 66.0 · 11-min walk to transit with 4 nearby routes · Within 500m: 2 schools, 5 parks, and 1 place of worship nearby

Living Area

Near average

13% larger 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)

Sold Count

162

Median price

489.9k

$/sqft

$333/sqft

Avg build year

1976

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Property score

86.1 is composed by the two sections below.

Property Score

84.6Excellent
Living Area92
1,900 sqftExcellent
Year Built67
1978Good
Lot Size91
7,580 sqftExcellent
Neighbourhood Sales Activity48
Low

Community Score

88.4Excellent
Household Income95
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

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
1,900 sqft
0255075100
Same streetBottom 45%Same areaTop 34%CitywideTop 13%
Same street · Waterhouse Bay
#28 / 51
Bottom 45% · Avg 1,916 sqft
Same area · River West Park
#155 / 451
Top 34% · Avg 1,678 sqft
Citywide · Winnipeg
#26,187 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
484k
0255075100
Same streetBottom 16%Same areaTop 46%CitywideTop 22%
Same street · Waterhouse Bay
#43 / 51
Bottom 16% · Avg 525.9k
Same area · River West Park
#209 / 451
Top 46% · Avg 485.6k
Citywide · Winnipeg
#43,648 / 194,458
Top 22% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 43%Same areaTop 7%CitywideTop 35%

Lot Size

above average
7,580 sqft
0255075100
Same streetTop 37%Same areaTop 41%CitywideTop 13%

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

99 Waterhouse Bay — 8 amenities found within 500 m, across 3 categories, including 2 education (nearest 459 m), 5 parks (nearest 315 m).

Search radius
🏫Education2
🌳Parks5
Worship1

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

Sold 3/2022CA$550k–600k
Sold price

Same street

Top 39%

Same area

Top 19%

City-wide

Top 9%

Related homes

Highlights & common questions: 99 Waterhouse Bay, Winnipeg

Property Overview

This 1,900 sqft home at 99 Waterhouse Bay in Winnipeg's River West Park neighborhood presents a solid, above-average offering for the city. Built in 1978, it sits on a generous 7,580 sqft lot. Its appeal lies in its balanced positioning: it offers more space and land than the typical Winnipeg home, yet is priced below the average for its own street. This creates an opportunity for value within a well-established area. The home last sold in March 2022 for an estimated $550k-$600k, with a current assessed value of $484k.

Key Characteristics & Ideal Buyer

The home’s key characteristic is its strong citywide standing paired with local affordability. It ranks in the top 13% of Winnipeg for living area and land size, meaning you get significantly more room than most. However, on its own street in Waterhouse Bay, its assessed value is in the bottom 20%, suggesting it may be a more modest offering compared to its immediate neighbors or present a value entry point to the block.

Its appeal is for practical, value-conscious buyers seeking space without a premium price tag. It would suit a growing family looking for a larger lot in a mature neighborhood, or a buyer who prioritizes indoor and outdoor square footage over a fully renovated or high-spec home. A thoughtful perspective is that this property could be ideal for someone comfortable with a home that may require updates, allowing them to invest in personalization while building equity in a location where they own a better-than-average asset for the wider city.

Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value ($484k) is for municipal tax purposes. The home’s last known sale price (2022) was between $550k and $600k, which is a more relevant, though historical, indicator of its market value.

2. How does this home compare to others on the street?
It has a larger-than-average lot but a below-average assessed value for Waterhouse Bay. This indicates you’re getting a competitively sized property, but the home itself may be more modest or require more updates than others on the street.

3. What does the "Top X%" ranking mean?
It shows how this property compares to similar homes in different areas. For example, ranking in the "Top 13%" city-wide for living area means 87% of comparable Winnipeg homes are smaller. This highlights where the property’s strengths (space, land) are most pronounced.

4. Why is there only a sold price range and not an exact figure?
The site uses publicly available, non-MLS data and displays ranges for non-members. You can request the exact historical sale figures via email for verification.

5. The home is newer than most in River West Park but older than average on its street. What does this mean?
Built in 1978, it’s newer than many in the broader neighborhood, which is a plus. Being around the average age for its specific street suggests it fits the area’s established character without being an outlier, potentially simplifying comparisons for maintenance or renovation costs.