53 Waterton Drive

Royalwood, Winnipeg

Property score

92.6

Excellent

Overall 92.6 · Larger than most nearby homes

2,613 sqft (top 5%) · Built in 2006 (3 yrs newer than avg)

Located in a high-income area with median household income of ~160k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 5 parks nearby

Living Area

Above average

42% larger than neighborhood avg.

Year Built

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 69%Chinese · 5%

Past 10 years Royalwood sales snapshot (~80% of all data)

Sold Count

454

Median price

680.1k

$/sqft

$350/sqft

Avg build year

2003

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Property score

92.6 is composed by the two sections below.

Property Score

94.4Excellent
Living Area98
2,613 sqftExcellent
Year Built90
2006Excellent
Lot Size98
14,869 sqftExcellent
Neighbourhood Sales Activity59
Fair

Community Score

89.8Excellent
Household Income95
Excellent
Education Level82
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

Royalwood

How to read: Share of sales in each ~$50k price band for “royalwood” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111204

Community deep dive

$160K

Median household income

$204K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

9%

Single-person households

47%

Families with children

Population, labour & age

Population (2021)1,572
Labour force participation rate73%
Median age43.6
Avg household size3.0
Unemployment rate8%
Population density2757 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households9%
Couple families with children47%
Median household income (2020)$160K

Housing

Renter households2%
Condominium dwellings15%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority31%
Bachelor's or higher (25–64)47%
Mother tongue (1st)English · 68%
Mother tongue (2nd)Chinese · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,613 sqft
0255075100
Same streetTop 27%Same areaTop 5%CitywideTop 2%
Same street · Waterton Drive
#6 / 22
Top 27% · Avg 2,312 sqft
Same area · Royalwood
#73 / 1,464
Top 5% · Avg 1,843 sqft
Citywide · Winnipeg
#4,316 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.06M
0255075100
Same streetTop 41%Same areaTop 5%CitywideTop 1%
Same street · Waterton Drive
#9 / 22
Top 41% · Avg 956.8k
Same area · Royalwood
#72 / 1,464
Top 5% · Avg 620.4k
Citywide · Winnipeg
#1,697 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2006
0255075100
Same streetBottom 36%Same areaTop 31%CitywideTop 14%

Lot Size

Elite
14,869 sqft
0255075100
Same streetTop 14%Same areaTop 3%CitywideTop 2%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

53 Waterton Drive — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 79 m).

Search radius
🌳Parks5

Crime & Safety

Royalwood · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

67%

Sales History

53 Waterton Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 53 Waterton Drive, Winnipeg

Property Summary

Key Characteristics & Ideal Buyer Profile

This is an elite-sized home in Winnipeg’s Royalwood neighbourhood, built in 2006. With 2,613 square feet of living space on a 14,869-square-foot lot, it ranks in the top 2% citywide for size and top 3% for land area. The assessed value of $1.06 million places it in the top 1% of Winnipeg properties.

The appeal is twofold. First, the sheer scale—both indoors and outdoors—is rare within the city. Most homes in Royalwood average around 1,843 square feet, so this property offers roughly 40% more interior space. Second, the land itself is a standout. A lot of nearly 15,000 square feet in an established neighbourhood gives room for gardens, outdoor structures, or simply privacy that newer subdivisions often lack.

This property suits buyers who value space over turnkey finishes. It’s not a showpiece renovation; it’s a solid, well-built home from the mid-2000s with room to personalize. Ideal for a family that needs generous square footage but doesn’t want to move to a far-flung exurb, or for someone who wants a large lot in a mature area where similar-sized lots are increasingly scarce. It’s less suited to buyers seeking a modern, minimalist footprint or those who prefer low-maintenance yards.


Five Frequently Asked Questions

1. How does the living area compare to other homes in Royalwood?
This home is in the top 5% of Royalwood by living area, and the top 2% citywide. The average Royalwood home is about 1,843 square feet, so this property is significantly larger than most nearby houses.

2. Is the assessed value of $1.06M reasonable for this area?
Yes. The property ranks in the top 5% of Royalwood and top 1% of Winnipeg for assessed value. While high for the immediate street (top 41%), it reflects the combination of a large lot and generous living space that few other homes in the area match.

3. How old is the house, and does that affect its condition?
The home was built in 2006, making it about 18 years old. That puts it in the top 14% of Winnipeg for newer construction, meaning it’s newer than most city homes. However, it ranks in the bottom third of its own street, so some neighbours have newer builds. Expect normal wear for a home of this age—nothing outdated, but not brand-new either.

4. What’s the advantage of having a 14,869-square-foot lot?
This lot is in the top 3% of Royalwood and top 2% citywide. Most lots in the area are smaller, so this gives you more outdoor space for gardens, play areas, or future additions. It’s also a premium feature because large lots in established neighbourhoods are becoming harder to find.

5. Where can I see how this property compares to nearby homes?
You can open the neighbourhood map analysis from the property page. It shows this home alongside nearby houses, with side-by-side comparisons of year built, living area, assessed value, and lot size. This is useful for understanding how the property fits into the street and the broader Royalwood area.