23 Moorstead Bay

Betsworth, Winnipeg

Property score

88.9

Excellent

Overall 88.9 · Larger and newer than most nearby homes

2,514 sqft (top 3%) · Built in 1985 (7 yrs newer than avg)

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

Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Above average

73% larger than neighborhood avg.

Year Built

Above average

7 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

88.9 is composed by the two sections below.

Property Score

88.4Excellent
Living Area98
2,514 sqftExcellent
Year Built73
1985Good
Lot Size88
7,479 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
2,514 sqft
0255075100
Same streetTop 29%Same areaTop 3%CitywideTop 3%
Same street · Moorstead Bay
#2 / 7
Top 29% · Avg 2,131 sqft
Same area · Betsworth
#38 / 1,485
Top 3% · Avg 1,455 sqft
Citywide · Winnipeg
#5,448 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

above average
611k
0255075100
Same streetTop 29%Same areaTop 9%CitywideTop 7%
Same street · Moorstead Bay
#2 / 7
Top 29% · Avg 559.3k
Same area · Betsworth
#132 / 1,485
Top 9% · Avg 458k
Citywide · Winnipeg
#13,992 / 194,458
Top 7% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 14%Same areaTop 19%CitywideTop 29%

Lot Size

above average
7,479 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 Moorstead Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 398 m), 1 parks (nearest 315 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 10/2016CA$450k–500k
Sold price

Same street

Bottom 1%

Same area

Top 27%

City-wide

Top 18%

Related homes

Highlights & common questions: 23 Moorstead Bay, Winnipeg

Property Overview

This two-storey home at 23 Moorstead Bay offers a blend of established neighbourhood character and above-average space. Built in 1985, its key appeal lies in its generous proportions on a large lot. With over 2,500 sqft of living space and a finished basement, it provides ample room for a growing or multi-generational family. The property stands out in its Betsworth community, ranking in the top tier for both size and assessed value compared to neighbours. Its lot size of nearly 7,500 sqft is a significant asset, offering potential for gardening, play, or expansion. The home would suit buyers looking for a substantial, move-in-ready house in a mature area, who prioritize interior space and a sizable yard over a brand-new build. A thoughtful perspective is its balanced positioning: it offers more space than most local homes without the premium price of a newer property, representing a practical value proposition for those seeking room to grow.

Frequently Asked Questions

1. How does the 1985 build year affect the home?
While not new, the home is newer than a majority in its immediate area and community. Buyers should expect the maintenance and potential updates typical of a well-kept 40-year-old home, balanced by the established landscaping and settled neighbourhood feel.

2. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area. For example, ranking "in the top 14%" in Winnipeg for size means it is larger than 97% of city homes, highlighting its above-average spaciousness as a key feature.

3. The last sale was in 2016 for $485,000. Is the current assessment realistic?
The assessed value of $611,000 reflects market growth and improvements over eight years. It ranks highly against local homes, suggesting the assessment aligns with its premium position within the community, though the final market price is determined by buyer competition.

4. Is the finished basement included in the 2,514 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional bonus area, adding functional square footage for recreation, guests, or a home office separate from the main living floors.

5. What is the significance of the lot size?
At 7,479 sqft, the lot is substantially larger than many in urban settings. This not only provides privacy and outdoor space but also represents long-term value, as land size is a fixed commodity that can offer future potential.