Property score
73.7
Good
Overall 73.7 · Newer than most nearby homes
1,259 sqft (top 47%) · 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
Near average
2% smaller 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
73.7 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
86 Peter Herner Bay — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 226 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 1% | Bottom 41% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 86 Peter Herner Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This Riverbend home, built in 2001, presents a solid, middle-of-the-road option with specific competitive advantages. At 1,259 sqft, its living space is modest for its immediate street but aligns closely with neighborhood and city averages, suggesting a practical, manageable layout. The standout feature is its assessed value of $448k, which positions it above average for both the Riverbend area and Winnipeg overall, indicating strong perceived value relative to many peers. The lot size of 4,823 sqft is notably above average for Peter Herner Bay, offering more outdoor space than many direct neighbors.
The appeal lies in this balance: you acquire a property with a valuation that outperforms much of the market, on a generous lot for the street, without paying for excessive square footage. It suits value-conscious buyers seeking a stable investment in a mature neighborhood, or those who prioritize yard space over a larger house. A thoughtful perspective is that this home may represent an "efficiency play"—it captures the desirable assessed value of the area without the premium often attached to the street's largest homes, making it a strategic entry point into the community.
Section 2: Frequently Asked Questions
1. Is the living area too small?
While below the average for Peter Herner Bay specifically, the home’s size is very close to the neighborhood and city averages. It’s a efficiently sized home that may appeal to those looking to minimize maintenance and utility costs without sacrificing location.
2. Why is the assessed value relatively high for the living area?
The above-average assessment for the neighborhood and city suggests that factors beyond pure square footage—such as the lot size, condition, finishes, or its specific location within Riverbend—are positively influencing its municipal valuation.
3. How does the lot size compare?
The lot is a key advantage, ranking in the top 27% on its own street. You get more outdoor space than most direct neighbors, which is a less common find in established subdivisions.
4. What does the last sold price tell us?
The home sold between $300k-$350k in early 2019. The significant increase to its current $448k assessment reflects broader market appreciation and the value reassessment process over a six-year period.
5. Where can I get exact historical sale data?
The provided sold price is an estimated range from public records. For fully verified and exact transaction history, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.
