77.4
Good
Property score
77.4
Good
Overall 77.4
Larger than most nearby homes
1,840 sqft (top 21%)
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, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
26% larger 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)
460
480k
$347/sqft
1978
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77.4 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111140
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
31 Cadiz Bay — 6 amenities found within 500 m, across 3 categories, including 2 shopping (nearest 434 m), 3 parks (nearest 214 m).
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%
31 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 31 Cadiz Bay, Winnipeg
Key Characteristics & Appeal
This is a well-established, two-storey family home in the Betsworth area, built in 1976. It sits on a generous, mature lot of over 6,100 square feet, offering ample outdoor space. With 1,840 square feet of finished living space and a developed basement, it provides practical room for daily life and growth. The home's standout appeal lies in its strong relative value within its immediate surroundings. It ranks in the top tier of its street for lot size, modernity, and living area, meaning it outperforms most direct neighbors on these key metrics. This creates a compelling proposition: a home that feels premium on its block without a premium price tag. It would suit buyers looking for a move-in ready, spacious home in a settled neighborhood, particularly those who value a large yard and the stability of an established community over a brand-new build. A thoughtful perspective is that while the home is 50 years old, its high ranking for "newness" on its street suggests the surrounding homes are of a similar or older vintage, offering consistent neighborhood character and possibly fewer issues with drastic property value disparities or incompatible new developments.
Frequently Asked Questions
1. What does the ranking system mean?
The rankings compare this home against others on the same street, in the wider community, and across all of Winnipeg. For example, ranking in the "top 5%" for living area on its street means 95% of houses on Cadiz Bay are smaller. It's a quick way to gauge how this property stacks up in various categories.
2. Is the basement included in the 1,840 sqft living area?
Typically, in such listings, the main "living area" refers to above-ground, finished space. This home has a developed basement, which adds additional usable square footage beyond the stated 1,840 sqft.
3. The home is 50 years old. What should I consider?
While the structure is mature, the rankings indicate it is newer than most on its street. A pre-purchase home inspection is essential to assess the condition of major aging components like the roof, windows, plumbing, and electrical systems, which may be due for updates or replacement.
4. How does the assessment value relate to the likely selling price?
The municipal assessment of $445,000 is for tax purposes and is a historical snapshot. The market sale price is determined by current buyer demand, recent sales of comparable homes, and the property's condition. It can be higher or lower than the assessed value.
5. What is the neighborhood like?
Being in the Betsworth area, it offers a classic Winnipeg suburban feel with mature landscaping and larger lots. The high rankings for lot and home size on this specific street suggest a quiet, established setting with homes of similar scale, which often appeals to families seeking space and privacy.
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