Property Overview: 71 Waterhouse Bay, River West Park, Winnipeg
Section 1: Key Characteristics & Appeal
This 1978-built home in River West Park presents a balanced profile with distinct strengths. Its 1,368 sqft living space is modest for its immediate street but aligns with neighborhood and city averages, suggesting a comfortable, manageable layout. The standout feature is the land: at nearly 8,000 sqft, the lot size is well above average for both the street and the entire city, offering significant outdoor space and potential.
The home’s assessed value of $517k sits around the average for Waterhouse Bay but is notably above the Winnipeg average, reflecting the desirability of the area. A key, less obvious perspective is that this property represents a middle ground—it’s not the largest or most valuable on the block, but it holds a larger-than-typical lot in an established neighborhood where values are consistently strong citywide. Its appeal lies in this combination of a solid, average-sized home on a premium lot within a stable community.
This property would suit buyers looking for a established neighborhood character with room to garden, entertain, or potentially expand outdoors. It’s also a practical fit for those who want a home that is manageable in size but doesn’t compromise on yard space, offering a good balance between the house itself and the land it occupies.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
While the living area is below the average for Waterhouse Bay street itself, it is very close to the average for the broader River West Park neighborhood and is actually slightly above the average for the entire city of Winnipeg.
2. Is the assessed value a good indicator of the property’s market position?
The $517k assessment is above the Winnipeg average, indicating strong citywide value. On its own street and in the neighborhood, it is around the average, suggesting it is priced consistently within its immediate market context.
3. What is the most notable feature of this property?
The land size is a significant asset. At 7,958 sqft, the lot is larger than most on the street and ranks in the top 11% compared to similar properties across Winnipeg, offering substantial outdoor space.
4. The home sold in late 2020. How can I find the exact sale price?
The public data shows a sold price range. To obtain the exact historical sale figure, you must request a manual lookup from the site provider via email, as they do not display MLS sold records directly.
5. What does the "year built" ranking tell us?
Built in 1978, this home is newer than most in the River West Park neighborhood (ranking in the top 7%) and is typical for its street and the city. This suggests it may have updates common to homes of that era, while being in a well-established area.