Property score
86.8
Excellent
Overall 86.8 · Larger and newer than most nearby homes
2,067 sqft (top 23%) · Built in 2022 (1 yr newer than avg)
Located in a high-income area with median household income of ~103k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 park nearby
Living Area
Above average
16% larger than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
Past 10 years South Pointe West sales snapshot (~80% of all data)
707
580.2k
$342/sqft
2021
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Property score
86.8 is composed by the two sections below.
Property Score
Community Score
Neighbourhood Sales
South Pointe West
How to read: Share of sales in each ~$50k price band for “south pointe west” (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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
Community deep dive
$103K
Median household income
$120K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
13%
Single-person households
44%
Families with children
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
above averageYear Built
EliteLot Size
around averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
101 Northwater Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 490 m).
Sales History
101 Northwater Bay: 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.
101 Northwater Bay · Sold transaction data notes
Data Source
Data Coverage
Data Precision
Is Current Data Suitable for You
How to Get More Accurate Data
Privacy & Commitment
Request exact sold prices and history by email
Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 101 Northwater Bay, Winnipeg
Property Summary
Key Characteristics & Buyer Profile
This is a 2022-built home in Winnipeg’s South Pointe West area, with 2,067 square feet of living space on a 4,676-square-foot lot. The assessed value sits at $579,000. Compared to citywide figures, the home ranks in the top 9% for living area and top 10% for assessed value—meaning it’s significantly larger and more valuable than most Winnipeg homes. However, within its own neighbourhood, it’s more middle-of-the-pack: its lot size ranks in the bottom third locally, and its value sits near the median on its street. The year built is elite for the city (top 1%), which gives it a modern build quality most older homes can’t match.
The appeal here is less about raw prestige and more about practical trade-offs. You get a spacious, newer house in a well-established suburb, but the lot is tighter than what some buyers might expect for the price. That suits someone who prioritizes interior space, contemporary finishes, and lower maintenance over a large yard. It would also work well for buyers who want to avoid older-home surprises (foundation issues, outdated wiring, etc.) without paying a premium for a top-of-the-line lot. Because the home ranks higher citywide than it does locally, it’s a strong option for someone moving from a denser area who wants more square footage without jumping into the priciest tier of South Pointe West.
Five Possible FAQs
1. How does this home’s lot size compare to others nearby?
It’s slightly smaller than average. On this street, the lot is in the bottom 35% for size. In the broader South Pointe West area, it’s in the bottom 44%. That’s not unusual for a 2022 build—newer infill homes often sit on smaller lots. If you want a big yard, this isn’t it. If you prefer less yard work, it’s a benefit.
2. Is the assessed value of $579,000 close to the market price?
Assessed value and market price aren’t the same thing, but they tend to correlate. On this street, the average assessed value is $590,200, so this home is slightly below that. Citywide, the average assessed value is $390,100—so this home is well above. Always check recent comparable sales for a true market picture.
3. How does the living space feel for a family of four?
At just over 2,000 square feet, it’s roomier than most Winnipeg homes (top 9% citywide). That typically translates to three or four bedrooms, two or three bathrooms, and a decent-sized main living area. Unusually large families might find it snug, but for a typical household, it’s comfortable.
4. Are there any downsides to a newer home in an established area?
One thing to keep in mind: newer homes can have smaller yards and less mature landscaping. Also, the surrounding neighbourhood may have older homes with different architectural styles. If you like a uniform, master-planned look, this area might be mixed. The upside is better insulation, modern windows, and fewer immediate repair needs.
5. What should I look for during a showing?
Focus on the lot’s orientation and privacy. Since it’s smaller, check how close the neighbours are and whether the windows face directly into another home. Also, ask about the builder and any transferable warranties—2022 is recent enough that some coverage may still apply. And walk the basement: if it’s unfinished, note the ceiling height and potential for future development.