Property score
76.3
Good
Overall 76.3 · Larger and newer than most nearby homes
1,471 sqft (top 28%) · Built in 2001 (8 yrs newer than avg)
Located in a high-income area with median household income of ~129k
Transit 58.0 · 7-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, and 1 place of worship nearby
Living Area
Above average
14% larger than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 73%Punjabi · 4%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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76.3 is composed by the two sections below.
Property Score
Community Score
Riverbend
How to read: Share of sales in each ~$50k price band for “riverbend” (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: #46110759
$129K
Median household income
$130K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
11%
Single-person households
41%
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
111 Peter Herner Bay — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 263 m).
Riverbend · WPS public data · 2026
Annual incidents
15
2026
vs. city avg
-49%
relative to avg
Year-over-year
▼ -91%
vs. prior year
Primary type
Property
47%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 17% | Top 3% | Top 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 111 Peter Herner Bay in Winnipeg's Riverbend neighborhood presents a solid, above-average offering within its immediate market. Built in 2001, the 1,471 sqft property sits on a 4,436 sqft lot. Its key appeal lies in its strong positional value within the community, boasting an assessed value that places it consistently above area and city averages. The home last sold in May 2022 for between $550,000 and $600,000.
Key Characteristics & Appeal
The primary strength of this property is its financial standing within the Riverbend neighborhood. With an assessed value of $484,000, it ranks in the top 13% of the area, indicating it is considered a higher-value home in a desirable locale. The living space is also above the neighborhood average, offering more room than many nearby homes. While the lot size is slightly smaller than some neighbors, the home itself is a well-sized, modern build compared to Winnipeg's older housing stock.
Its appeal is grounded in offering a balanced, low-drama investment. It's not the largest or newest on its street, but it consistently performs better than average in its immediate community—a sign of a stable and valued property. This home would suit buyers looking for a move-in-ready family home in an established neighborhood, particularly those who prioritize a strong assessment value and above-average interior space over a sprawling yard. It’s also a sensible fit for value-conscious buyers who want a home that already stands above the local median, potentially offering a degree of insulation from market dips.
1. How does this home’s value compare to its neighbors?
The home’s assessed value is above average for its street, neighborhood, and city-wide. It ranks 14th out of 60 on Peter Herner Bay and in the top 13% within Riverbend, signaling it is a premium property within its immediate area.
2. When was it last sold, and for how much?
This property was last sold in May 2022. The public price range is between $550,000 and $600,000, which placed it in the top 3% of sale prices for the Riverbend area at that time.
3. Is the lot size a disadvantage?
The lot is slightly smaller than the street and neighborhood averages. However, this is balanced by the above-average living area of the home itself. It offers standard suburban outdoor space rather than an exceptionally large yard.
4. What is the neighborhood context for this property?
Located in Riverbend, the home is surrounded by similar properties built around the turn of the millennium. The data suggests the neighborhood consists of well-maintained, modern homes with consistently higher-than-city-average values.
5. How can I verify the exact historical sale price?
The site provides sold price ranges based on public data. To obtain the exact sale figure and full transaction history, you must request a manual lookup via email, as this information is not sourced from the MLS system.
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