Property score
89.3
Excellent
Overall 89.3 · Larger and newer than most nearby homes
2,158 sqft (top 17%) · Built in 2022 (1 yr newer than avg)
Located in a high-income area with median household income of ~103k
Transit 88.0 · 2-min walk to transit with 3 nearby routes
Living Area
Above average
21% 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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89.3 is composed by the two sections below.
Property Score
Community Score
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$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
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 38% | Top 17% | Top 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 13 Northwater Bay
Key Characteristics & Appeal
This two-storey home, built in 2022, is a modern property in Winnipeg's South Pointe West neighbourhood. Its primary appeal lies in its balance of space, new construction, and a strong position within its local market. The home sits on a large 7,416 sqft lot, placing it in the top 5% for lot size on its street, offering ample outdoor space. With 2,158 sqft of living area, it provides above-average room for a growing family. As a near-new build, it likely requires minimal immediate maintenance and benefits from contemporary building standards.
The home suits buyers looking for a move-in ready, modern property in a well-established newer neighbourhood. It’s particularly fitting for those who value generous lot size for privacy, gardening, or future expansion, over a renovated basement or pool. The data suggests it appeals to a buyer seeking a solid, long-term home in a desirable area, with its assessed value and recent sale price indicating stable market recognition. A thoughtful perspective is that while the basement is unrenovated, this presents a clean slate for customization to suit the next owner's needs, rather than paying a premium for someone else's finished layout.
Frequently Asked Questions
1. Is the property a good value compared to the neighbourhood?
The home ranks in the top 16% for living area and top 9% for lot size in South Pointe West, suggesting it offers more space than most nearby properties. Its last sold price in 2022 was in the top 5% for Winnipeg, indicating a premium location and property.
2. What does the "rank" data mean?
The rankings compare this specific property against others on its street, in the neighbourhood, and across Winnipeg. For example, being in the "Top 5%" for lot size on its street means 95% of homes on Northwater Bay have smaller lots.
3. The basement is noted as "not renovated." What condition is it in?
The listing specifies the basement exists but is unfinished. This means it is likely a clean, open concrete space with essential plumbing/electrical rough-ins, awaiting drywall, flooring, and design to become livable space.
4. How does the assessed value relate to the likely asking price?
The municipal assessed value of $57.30k is for taxation purposes and is typically significantly lower than market value. The home last sold for $63.80k in 2022. Current market value would be determined by recent comparable sales and market conditions.
5. What are the advantages of a 2022 build?
A four-year-old home offers modern energy efficiency, building codes, and layouts, while any initial "new home" settling issues have likely been addressed. It should provide years of low-maintenance living before major components like the roof or HVAC require attention.
