Property score
70.9
Good
Overall 70.9 · Newer than most nearby homes
1,162 sqft (bottom 39%) · Built in 2002 (9 yrs newer than avg)
Located in a high-income area with median household income of ~129k
Transit 48.0 · 10-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, and 1 place of worship nearby
Living Area
Below average
10% 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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70.9 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: #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
18 Peter Herner Bay — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 391 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 50% | Top 24% | Top 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 42% | Top 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 18 Peter Herner Bay, Riverbend, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a study in balanced, middle-market value within Winnipeg's Riverbend neighborhood. Built in 2002, its construction date is notably newer than most homes in the city and on par with the newer builds on its own street. With 1,162 sqft of living space, the interior is slightly more compact than many direct neighbors but aligns closely with the neighborhood and city averages, suggesting a practical, manageable layout.
The primary appeal lies in its position as a stable, turn-key property in a well-established area. The assessed value of $427k sits below the street average but above the citywide average, indicating you may get more home for your dollar here than in many parts of Winnipeg, without the premium of the street's largest properties. It suits first-time buyers or downsizers seeking a modern build (post-2000) with lower maintenance, and value-focused buyers who prioritize a solid neighborhood foundation over having the biggest house on the block. A thoughtful perspective is that its "around average" metrics across several categories could mean less volatility and more predictable long-term value, appealing to those seeking a sensible, low-drama investment.
Section 2: Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 1,162 sqft, the living area is slightly below the average for Peter Herner Bay but is very close to the averages for both the wider Riverbend neighborhood and the city of Winnipeg. It represents a moderately sized, efficient floor plan.
2. Is the assessed value reasonable for the area?
The $427k assessment is below the average for its immediate street but above the averages for the neighborhood and the city. This suggests the property is valued in line with the broader area, potentially offering a relative value compared to its closest neighbors.
3. What is the significance of the 2002 build year?
Built in 2002, this home is newer than approximately 83% of comparable homes across Winnipeg. This typically implies modern construction standards, potentially newer major systems (like roof, windows, HVAC), and less immediate need for major updates compared to older inventory.
4. What do the past sale prices indicate?
The home sold previously in 2019 for between $300k-$350k and again in 2023 for between $400k-$450k. This indicates a clear appreciation in value over that four-year period, consistent with broader market trends.
5. How can I verify the exact historical sale prices?
The public data provided shows price ranges. For fully verified and exact sale figures from the transaction history, you must request a manual lookup from the site provider via email, as MLS data is not displayed here.
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