22 Cadiz Bay

Betsworth, Winnipeg

Property score

66.9

Good

Overall 66.9 · Compared with neighbourhood average

1,176 sqft (bottom 34%) · Built in 1976 (2 yrs older than avg)

Located in a above-average income area with median household income of ~86k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 shops, 3 parks, 1 bank/ATM, and 2 fuel stations nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 83%French · 1%

Past 10 years Betsworth sales snapshot (~80% of all data)

Sold Count

460

Median price

480k

$/sqft

$347/sqft

Avg build year

1978

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Property score

66.9 is composed by the two sections below.

Property Score

63.4Fair
Living Area1,176 sqft60Fair
Year Built197667Good
Lot Size6,345 sqft81Excellent
Neighbourhood Sales Activity37Low

Community Score

72.2Good
Household Income79Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health68Good

Neighbourhood Sales

Betsworth

How to read: Share of sales in each ~$50k price band for “betsworth” (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: #46111140

Community deep dive

$86K

Median household income

$101K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

28%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)934
Labour force participation rate70%
Median age41.2
Avg household size2.3
Unemployment rate10%
Population density3459 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households28%
Couple families with children24%
Median household income (2020)$86K

Housing

Renter households31%
Condominium dwellings11%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority5%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

around average
1,176 sqft
0255075100
Same streetBottom 36%Same areaBottom 34%CitywideBottom 48%
Same street · Cadiz Bay
#14 / 22
Bottom 36% · Avg 1,267 sqft
Same area · Betsworth
#984 / 1,485
Bottom 34% · Avg 1,455 sqft
Citywide · Winnipeg
#101,971 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
423k
0255075100
Same streetTop 45%Same areaBottom 49%CitywideTop 33%
Same street · Cadiz Bay
#10 / 22
Top 45% · Avg 412.5k
Same area · Betsworth
#763 / 1,485
Bottom 49% · Avg 458k
Citywide · Winnipeg
#64,667 / 194,458
Top 33% · Avg 390.1k

Year Built

Elite
1976
0255075100
Same streetTop 5%Same areaTop 50%CitywideTop 39%

Lot Size

above average
6,345 sqft
0255075100
Same streetTop 36%Same areaBottom 31%CitywideTop 25%

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

22 Cadiz Bay — 8 amenities found within 500 m, across 4 categories, including 2 shopping (nearest 368 m), 3 parks (nearest 257 m).

Search radius
🛒Shopping2
🌳Parks3
🏦Finance1
Fuel Stations2

Crime & Safety

Betsworth · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

100%

Sales History

Sold 7/2022CA$450k–500k
Sold price

Same street

Top 14%

Same area

Top 27%

City-wide

Top 18%
Sold 3/2017CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 18%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 22 Cadiz Bay, Winnipeg

Property Overview

This 1976-built, single-story home at 22 Cadiz Bay offers a practical and established living option in Winnipeg's Betsworth area. Its key appeal lies in a combination of solid fundamentals and relative value. The 1,176 sqft home sits on a large, 6,345 sqft lot and features a finished basement and an attached garage. Market data indicates it performs well in several key metrics: it's newer than most homes on its street, and its last sale price in 2022 ranks in the top 30% for the neighborhood, suggesting a history of holding value.

The property would suit first-time buyers or downsizers looking for a manageable, single-level layout in a mature community. Its above-average lot size offers potential for gardening, expansion, or simply more private outdoor space than is typical. A thoughtful perspective is that while the home's size ranks around the middle locally, its stronger rankings in lot size, age, and recent sale price suggest the property may offer a better-than-average "land-to-structure" ratio and a well-kept condition for its era. It’s a home for buyers who prioritize a quiet, established street and the potential of the land over a large interior footprint.

Frequently Asked Questions

1. What does the "finished basement" include?
The listing confirms a finished basement but does not specify the finish quality, rooms, or ceiling height. This would be a key point to clarify with the seller or agent to understand the true liveable space.

2. How does the 2022 sale price relate to the current assessment?
The home sold for $486,000 in July 2022, which is significantly above the current assessed value of $423,000. This is not uncommon, as assessments can lag the market. It’s more important to look at current market comparables to gauge today's value.

3. The home is 50 years old. What should I be aware of?
While the home ranks as newer than most on its street, a 1976 build means crucial systems like roofing, plumbing, electrical, and the furnace are likely at or beyond their typical lifespans. A thorough inspection is essential.

4. What is the significance of the lot size?
At over 6,300 sqft, the lot is substantially larger than many in urban Winnipeg. This provides more yard space and may offer future potential (like a garden suite, subject to zoning) that smaller lots do not.

5. The 2017 sale shows a negative street ranking. What does that mean?
The "-5% / 105%" ranking for the 2017 sale is a statistical anomaly because the sale price was compared to a very small sample (22 homes) on the street. It simply indicates that price was lower than the calculated average for that specific street at that specific time, and its broader neighborhood and city rankings from that sale are more meaningful.

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