Property score
73.7
Good
Overall 73.7 · Newer than most nearby homes
1,237 sqft (top 50%) · Built in 2003 (10 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
4% smaller than neighborhood avg.
Year Built
Above average
10 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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73.7 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
94 Peter Herner Bay — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 210 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 8% | Bottom 41% | Top 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 94 Peter Herner Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and established neighborhood value. Built in 2003, it is notably newer than most homes in Winnipeg and is one of the newest on its own street, suggesting less immediate concern for major aging infrastructure replacements. With 1,237 sqft of living space, it offers a comfortable, average-sized layout for the city and Riverbend area, though it is slightly more compact than its immediate neighbors.
The property’s primary appeal lies in its strong value positioning. Its assessed value of $453k sits above the Winnipeg and Riverbend averages, yet it is around the average for Peter Herner Bay itself. This indicates you are investing in a well-regarded street where property values are consistently higher. The lot size of 4,823 sqft is generous for the street, offering good outdoor space relative to nearby homes.
This home would suit practical buyers seeking a move-in-ready property in a mature neighborhood without the uncertainties of an older build. It’s ideal for those who value a newer construction date within a stable community, and for buyers who understand that purchasing a slightly smaller home on a desirable street can be a smarter long-term investment than a larger home in a less established area.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
While the home’s size is average for Winnipeg and the Riverbend neighborhood, it is somewhat smaller than the typical home on Peter Herner Bay. This may mean more efficient use of space and potentially lower utility costs compared to larger houses on the same street.
2. Why is the assessed value higher than city and neighborhood averages?
The assessed value reflects the property’s location on a street where homes are consistently valued higher. Being above average for the wider area but average for the street itself suggests you are buying into a proven, valuable micro-location within Riverbend.
3. What are the implications of the home’s 2003 build year?
A 2003 construction is a significant advantage. It places the home in the top 5% newest on its street and top 16% city-wide, likely meaning newer roofing, windows, HVAC systems, and electrical wiring, which can defer major capital expenses.
4. What was the previous sold price, and how has value changed?
Public records show it last sold between $300k-$350k in early 2016. The current assessed value of $453k indicates substantial appreciation over the past eight years, highlighting strong value growth in this location.
5. How does the lot size affect the property’s potential?
At 4,823 sqft, the lot is above average for the street. This provides a relative advantage for outdoor living, gardening, or future exterior additions like a deck or shed, compared to neighboring properties with less land.
