23 Cadiz Bay

Betsworth, Winnipeg

Property score

66.9

Good

Overall 66.9 · Compared with neighbourhood average

1,157 sqft (bottom 32%) · 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

20% 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 Area1,157 sqft60Fair
Year Built197667Good
Lot Size6,299 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
1,157 sqft
0255075100
Same streetBottom 27%Same areaBottom 32%CitywideBottom 46%
Same street · Cadiz Bay
#16 / 22
Bottom 27% · Avg 1,267 sqft
Same area · Betsworth
#1,017 / 1,485
Bottom 32% · Avg 1,455 sqft
Citywide · Winnipeg
#105,352 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
358k
0255075100
Same streetBottom 9%Same areaBottom 16%CitywideBottom 49%
Same street · Cadiz Bay
#20 / 22
Bottom 9% · Avg 412.5k
Same area · Betsworth
#1,248 / 1,485
Bottom 16% · Avg 458k
Citywide · Winnipeg
#99,164 / 194,458
Bottom 49% · Avg 390.1k

Year Built

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

Lot Size

above average
6,299 sqft
0255075100
Same streetTop 41%Same areaBottom 30%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

23 Cadiz Bay — 8 amenities found within 500 m, across 4 categories, including 2 shopping (nearest 407 m), 3 parks (nearest 209 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

23 Cadiz Bay: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 23 Cadiz Bay, Winnipeg

Property Overview

This 1976 three-level split home at 23 Cadiz Bay offers a practical layout with a finished basement on a generous 6,299 sqft lot in Betsworth. Its key appeal lies in its established neighbourhood setting and the space afforded by both the lot and the multi-level floor plan. The home presents a solid value proposition, particularly for first-time buyers, small families, or investors seeking a functional property with room to grow or customize over time. Its strongest rankings are in lot size and relative age within its immediate street, suggesting it stands out for outdoor space and is newer than most on its block. A thoughtful perspective is that while the interior living space is modest, the large lot provides valuable expansion potential, whether for gardening, recreation, or future additions. It would suit a buyer comfortable with a home from the 1970s who prioritizes lot size and location over modern finishes and seeks a project they can gradually make their own.

Key Details & FAQs

  • Key Characteristics: 1,157 sqft of living space, 3-level split design, finished basement, no garage. Built in 1976.
  • Lot Size: A notable 6,299 sqft, which is larger than most in the area.
  • Assessment & Value: Municipal assessment is $358,000.

Frequently Asked Questions

1. What does the "ranking" data mean?
It shows how this property compares to others. For example, its lot size ranks in the top 25% across Winnipeg, meaning it's larger than 75% of properties. Conversely, its assessed value is higher than 80% of homes in its community, which may indicate future tax implications.

2. Who is this home best suited for?
It's a practical fit for first-time buyers or those looking to downsize into a manageable footprint with a large yard. The finished basement adds flexible living space. It's also a candidate for investors or handy buyers willing to update a solidly built home from the 1970s.

3. What are the less obvious pros and cons?
A pro is the lot's potential; its size is a rarity. A con is the lack of a garage, which affects storage and parking, especially in winter. The 3-level split design offers separation of living areas but requires navigating stairs.

4. How does the age of the home factor in?
Built in 1976, major components like the roof, windows, and mechanical systems may be at or beyond their typical lifespan. A thorough inspection is crucial. On a positive note, it ranks as newer than most on its street.

5. Is the assessment price a good indicator of market value?
Not directly. Municipal assessments are for tax purposes and can lag behind the current market. It's a baseline figure, and the actual sale price will be determined by market conditions, the home's specific state, and buyer demand.

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