Property Overview: 14 Waterhouse Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 14 Waterhouse Bay in River West Park is a standout property defined by its above-average size and premium valuation within its community. Built in 1981, it is a relatively newer home for the neighborhood, which is predominantly composed of late-1970s builds. With 2,111 square feet of living space, it offers more room than most homes in Winnipeg, ranking in the top 8% city-wide. The lot size of 7,242 square feet is generous compared to the city average, providing ample outdoor space.
The primary appeal lies in its established prestige and space. It holds the highest assessed value on its street ($607k), indicating it is considered a premium property in its immediate area. This suggests potential for higher-quality finishes, updates, or a superior location on the bay. The home would suit buyers looking for a move-in-ready, spacious family home in a mature neighborhood without sacrificing modern conveniences. It’s ideal for those who value a strong community identity and a property that already holds a leading position in its local market, rather than a fixer-upper project. A thoughtful perspective is that while the home is newer than many neighbors, a 1981 build still requires due diligence on major systems like roofing, windows, and HVAC, which may be nearing the end of their typical lifespans.
Section 2: Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The property sold for an estimated $650k-$700k in late 2024, which is above its $607k assessed value. This is common and indicates strong market demand, but the exact sale price can be requested for precise analysis.
2. Is the living space efficiently configured?
While the square footage is generous, the layout (number of bedrooms, bathrooms, open-concept vs. segmented rooms) isn't detailed here. The total space is above average, but viewing the floor plan is essential to understand its functionality for your needs.
3. What does the "Elite" ranking for year built in the neighborhood mean?
It means this home (1981) is among the newest 2% in River West Park. This can be an advantage, potentially meaning fewer immediate renovations and updates that are common in older homes. However, the neighborhood's overall older character (average build year 1976) suggests a consistent, established streetscape.
4. The lot is smaller than the neighborhood average. Is that a concern?
The lot is slightly smaller than the average for River West Park but is still larger than the typical Winnipeg lot. This often indicates a well-sized yard that is manageable to maintain while still providing private outdoor space. The specific layout of the lot (depth, width, backyard privacy) would be key.
5. How can I verify the exact sale price and history?
The provided sold price is an estimated range from public data. For fully verified figures and a complete transaction history, you must request a manual lookup from the site, as MLS data is not displayed here due to industry rules.