73.1
Good
Property score
73.1
Good
Overall 73.1
Newer than most nearby homes
1,224 sqft (bottom 47%)
Built in 2002 (9 yrs newer than avg)
Located in a high-income area
with median household income of ~129k
Transit 58.0
6-min walk to transit with 1 nearby route
Within 500m: 1 dining spot, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Above average
9 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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73.1 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
139 Peter Herner Bay — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 335 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 25% | Top 44% | Top 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 139 Peter Herner Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a balanced, mid-range offering in Winnipeg's Riverbend neighborhood. Built in 2002, it is notably newer than most homes in the city and sits on a manageable 4,234 sqft lot. With 1,224 sqft of living space, it is slightly more compact than others on its street but aligns closely with neighborhood and city averages. Its assessed value of $438k is above the Winnipeg average, reflecting its modern build and desirable area, though it is modest compared to some immediate neighbors.
The appeal lies in its position as a well-situated, turn-key property without extreme premiums. It suits first-time buyers or downsizers seeking a modern home (avoiding the maintenance of an older property) in an established area. It also fits pragmatic investors or buyers who value a newer construction year over maximum square footage, preferring efficient, contemporary systems and layouts. A thoughtful perspective is that while it may feel average in its immediate row, its newer build and above-city-average value suggest it holds its worth well in the broader market, offering stability rather than flashy upside.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
While its living area is below the average for Peter Herner Bay itself, it is very close to the average for the wider Riverbend neighborhood and the city of Winnipeg. It’s a moderately sized home for the area.
2. Is the assessed value reasonable for the property?
The $438k assessment is above the Winnipeg average, which is typical for a home of this age. On its street, the value is actually on the lower end, which could indicate a relative value opportunity within this specific, newer-built section of Riverbend.
3. What does the year built tell me about this home?
Built in 2002, the home is significantly newer than the average Winnipeg house. This often translates to more modern building materials, electrical systems, and floor plans, potentially reducing immediate major renovation costs.
4. How reliable is the sold price data shown?
The listed sold price range from 2020 is based on public data, not the MLS. For fully verified, exact historical sale figures, you must request a manual lookup from the site via email.
5. The lot size seems smaller than some averages. Is that a concern?
The lot is around average for the street but below the neighborhood average. This typically means lower yard maintenance and a more community-focused, rather than private, outdoor space. It’s a trade-off that suits those preferring easier upkeep.
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