1424 Mathers Bay E

South River Heights, Winnipeg

Property score

77.5

Good

Overall 77.5 · Newer than most nearby homes

1,518 sqft (top 44%) · Built in 1960 (1 yr newer than avg)

Located in a high-income area with median household income of ~138k

Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 2 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 84%French · 1%

Past 10 years South River Heights sales snapshot (~80% of all data)

Sold Count

330

Median price

507k

$/sqft

$443/sqft

Avg build year

1959

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Property score

77.5 is composed by the two sections below.

Property Score

68.4Good
Living Area79
1,518 sqftGood
Year Built43
1960Low
Lot Size67
5,457 sqftGood
Neighbourhood Sales Activity48
Low

Community Score

91.1Excellent
Household Income92
Excellent
Education Level91
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

South River Heights

How to read: Share of sales in each ~$50k price band for “south river heights” (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: #46111040

Community deep dive

$138K

Median household income

$160K

Average household income

2%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

12%

Single-person households

39%

Families with children

Population, labour & age

Population (2021)544
Labour force participation rate65%
Median age47.2
Avg household size2.7
Unemployment rate2%
Population density2863 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households12%
Couple families with children39%
Median household income (2020)$138K

Housing

Renter households4%
Condominium dwellings9%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority13%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 84%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

above average
1,518 sqft
0255075100
Same streetBottom 45%Same areaTop 44%CitywideTop 29%
Same street · Mathers Bay E
#72 / 131
Bottom 45% · Avg 1,816 sqft
Same area · South River Heights
#406 / 919
Top 44% · Avg 1,590 sqft
Citywide · Winnipeg
#57,180 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
490k
0255075100
Same streetBottom 40%Same areaTop 45%CitywideTop 21%
Same street · Mathers Bay E
#79 / 131
Bottom 40% · Avg 558.6k
Same area · South River Heights
#412 / 919
Top 45% · Avg 502.5k
Citywide · Winnipeg
#41,640 / 194,458
Top 21% · Avg 390.1k

Year Built

above average
1960
0255075100
Same streetBottom 40%Same areaTop 28%CitywideBottom 42%

Lot Size

around average
5,457 sqft
0255075100
Same streetBottom 40%Same areaBottom 34%CitywideTop 45%

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

1424 Mathers Bay E — 9 amenities found within 500 m, across 7 categories, including 2 dining (nearest 409 m), 2 education (nearest 346 m), 1 healthcare (nearest 396 m).

Search radius
🍽️Dining2
🏫Education2
🏥Healthcare1
🛒Shopping1
🌳Parks1
💪Sports1
Worship1

Crime & Safety

South River Heights · WPS public data · 2026

Annual incidents

8

2026

vs. city avg

-73%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

88%

Sales History

Sold 3/2018CA$400k–450k
Sold price

Same street

Bottom 36%

Same area

Bottom 47%

City-wide

Top 24%

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