78.9
Good
Property score
78.9
Good
Overall 78.9
Larger and newer than most nearby homes
1,478 sqft (top 27%)
Built in 2003 (10 yrs newer than avg)
Located in a high-income area
with median household income of ~130k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 2 schools, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Above average
10 yrs newer than neighborhood avg.
Mother tongue
English · 64%Punjabi · 8%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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78.9 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: #46110762
$130K
Median household income
$133K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
10%
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
12 Ben Hewak Bay — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 231 m), 1 parks (nearest 252 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 | Bottom 37% | Top 24% | Top 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 12 Ben Hewak Bay in Winnipeg's Riverbend neighborhood presents a well-maintained and above-average offering within its local market. Built in 2003, it stands as one of the newest homes on its street. With 1,478 sqft of living space, it provides more room than most homes in Riverbend, though its lot size of 4,643 sqft is slightly more compact than some neighbors. The property's assessed value of $495k positions it firmly above average for the neighborhood and city, indicating a perception of quality and desirability.
Key Characteristics & Appeal
The primary appeal of this property lies in its modern age and strong positional value within a sought-after neighborhood. Its year of construction (2003) is a standout feature, suggesting newer systems, materials, and potentially lower immediate maintenance costs compared to Winnipeg's older housing stock. The living space is generous for the area, offering comfortable room for daily life.
Its value is most pronounced at the neighborhood level. Ranking in the top 9% of Riverbend for assessed value and the top 27% for living area, it clearly outperforms local averages. This suggests it's a premium offering within Riverbend itself, likely appealing to those who want the amenities and community of the area but in a home that feels updated and spacious.
This home would suit buyers looking for a move-in ready property in a mature neighborhood without the concerns of an aging structure. It’s ideal for professionals or small families who prioritize interior space over a very large yard and who appreciate a home that holds above-average value within its immediate community. A thoughtful perspective is that while the lot is smaller than the street average, this can translate to less yard maintenance, which some buyers may see as a benefit.
1. How does this home’s value compare to others nearby?
The home’s assessed value of $495k is above average for its street, neighborhood, and Winnipeg overall. In Riverbend specifically, it ranks in the top 9%, meaning it is valued higher than over 90% of comparable homes in the area.
2. Is the house relatively new?
Yes. Built in 2003, it is one of the newest homes on Ben Hewak Bay. This is a key advantage, as it is significantly newer than the average Winnipeg home (built in 1966) and the average in Riverbend (1993).
3. How does the lot size compare?
The lot is 4,643 sqft, which is somewhat smaller than the average lot on its street (5,760 sqft) and in Winnipeg overall. However, it is close to the average for the Riverbend neighborhood (5,255 sqft).
4. What was it last sold for?
Public records indicate it sold between August 2020 for a price between $400,000 and $450,000. For verified, exact historical sale figures, you can request a manual lookup via email on the property page.
5. Is the living space a good size for the area?
Yes. At 1,478 sqft, the living area is larger than the average home in Riverbend (1,288 sqft) and slightly above the Winnipeg average. It ranks in the top 27% for size within the neighborhood.
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