91 Waterhouse Bay

Property Overview: 91 Waterhouse Bay, River West Park, Winnipeg

Key Characteristics & Appeal

This home at 91 Waterhouse Bay presents a compelling case as a spacious and well-established property in a desirable Winnipeg neighborhood. Its primary appeal lies in its above-average scale and perceived value within its market context. With 2,110 square feet of living space, the home is notably larger than most, ranking in the top 8% city-wide and top 20% within River West Park. Built in 1980, it is also a relatively newer home for the immediate area, ranking in the elite top 4% of the neighborhood for its year of construction.

The assessed value of $558k sits above local averages, suggesting a premium positioning that reflects these characteristics. The lot size, while average for the street, is above average city-wide, offering decent outdoor space. The home’s appeal is grounded in solid, practical metrics: more interior room than most, a newer build than its neighbors, and a value that aligns with its stature. It would suit buyers looking for a move-in ready, spacious family home in a mature neighborhood, who prioritize space and a established community over a brand-new construction or an oversized lot. It’s a property for those who find value in statistical outperformance relative to local benchmarks.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Based on available data, the home last sold between $450k-$500k in mid-2019. Its current assessed value of $558k is above the street average, placing it in the top 22% of Waterhouse Bay. This indicates a significant appreciation since the last sale and a premium position on the block.

2. Is the lot size a disadvantage?
The lot of 7,139 sqft is around average for both the street and the wider River West Park area. While some homes in the neighborhood have larger lots, this property’s lot is still above the Winnipeg average, offering a balanced yard space without excessive maintenance.

3. What does the "Elite" ranking for year built mean?
In the context of River West Park, an "Elite" top 4% ranking for being built in 1980 means it is one of the newest homes in a neighborhood largely developed in the mid-to-late 1970s. This suggests potentially newer components (like roofing, windows, or major systems) compared to many direct neighbors.

4. How reliable is the sold price data shown?
The sold price range provided is based on publicly available internet data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email.

5. What is the immediate neighborhood of similar homes like?
The nearby references show a consistent streetscape of well-maintained, mid-century homes from the 1970s and 80s. Living areas and assessed values on Waterhouse Bay and adjacent streets are generally above the city average, indicating a stable and established area of comfortable family homes.