23 Inverary Bay

Betsworth, Winnipeg

Property score

89.5

Excellent

Overall 89.5 · Larger and newer than most nearby homes

2,913 sqft (top 1%) · Built in 1987 (9 yrs newer than avg)

Located in a high-income area with median household income of ~144k

Transit 50.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby

Living Area

Above average

100% larger than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 90%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

89.5 is composed by the two sections below.

Property Score

89.4Excellent
Living Area98
2,913 sqftExcellent
Year Built78
1987Good
Lot Size88
7,480 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

89.7Excellent
Household Income93
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46111070

Community deep dive

$144K

Median household income

$170K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

17%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)480
Labour force participation rate63%
Median age49.6
Avg household size2.7
Unemployment rate4%
Population density2400 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households17%
Couple families with children40%
Median household income (2020)$144K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$496K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority4%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 89%
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

Elite
2,913 sqft
0255075100
Same streetTop 14%Same areaTop 1%CitywideTop 1%
Same street · Inverary Bay
#1 / 7
Top 14% · Avg 2,084 sqft
Same area · Betsworth
#10 / 1,485
Top 1% · Avg 1,455 sqft
Citywide · Winnipeg
#2,317 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
682k
0255075100
Same streetTop 29%Same areaTop 6%CitywideTop 4%
Same street · Inverary Bay
#2 / 7
Top 29% · Avg 585.4k
Same area · Betsworth
#96 / 1,485
Top 6% · Avg 458k
Citywide · Winnipeg
#8,413 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetTop 14%Same areaTop 14%CitywideTop 25%

Lot Size

above average
7,480 sqft
0255075100
Same streetBottom 43%Same areaTop 46%CitywideTop 14%

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 Inverary Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 424 m), 1 parks (nearest 354 m).

Search radius
🏫Education1
🌳Parks1

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 3/2018CA$600k–650k
Sold price

Same street

Top 33%

Same area

Top 11%

City-wide

Top 6%

Related homes

Highlights & common questions: 23 Inverary Bay, Winnipeg

Property Overview

This two-storey home on a large, 7,480 sqft lot in Betsworth presents a compelling opportunity. Built in 1987, its primary appeal lies in its generous 2,913 sqft of living space, which ranks in the top 1% for size within both the local community and Winnipeg overall. The property features a finished basement and sits on a quiet bay, offering a sense of space and privacy that is increasingly rare. Its 2018 sale price of $615,000 and current assessed value of $682,000 suggest a history of steady value appreciation.

The home is ideally suited for a growing family or anyone needing substantial interior room, potentially offering more square footage per dollar than newer builds in the area. It also appeals to buyers who prioritize a large, established lot over having a garage. While not the newest on the street, its size and lot offer a strong foundation for both comfortable living and long-term value.


Key Questions for Consideration

1. What does the "ranking" data actually tell me?
The rankings compare this home against others on its street, in Betsworth, and across all of Winnipeg. They highlight that while the home is older than many in the city (top 28%), it is exceptionally large (top 1%) and has a high assessed value (top 4%). This indicates you're getting significant space, and the property is viewed as a premium asset in the broader market.

2. The home has no garage. How big of a drawback is this?
This is a notable consideration, especially given Winnipeg's climate. The appeal here trades off dedicated vehicle storage for the very large lot and living space. Buyers would need to factor in the cost and feasibility of adding a garage later, or be comfortable with street parking or using a driveway.

3. The assessed value is significantly higher than the 2018 sale price. What does this mean?
This reflects market-wide appreciation over six years and likely improvements made to the property. It sets a benchmark for municipal taxes but doesn't dictate market sale price. It does, however, strongly indicate the property's grown in official valuation.

4. Is an older home like this a concern?
Built in 1987, major components like the roof, windows, and furnace may be nearing or past their typical lifespans. A thorough inspection is crucial. The upside is that construction from this era often features roomier layouts and larger lots compared to many newer subdivisions.

5. Who would this property NOT suit?
It may not be ideal for those seeking a modern, low-maintenance "turn-key" home, as some updates are probable. It's also less suitable for buyers who require an attached garage or prefer a brand-new community aesthetic. The value here is in space, lot size, and established character, not contemporary finishings.