Property score
68.4
Good
Overall 68.4 · Compared with neighbourhood average
1,262 sqft (bottom 44%) · 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, 4 parks, and 1 fuel station nearby
Living Area
Near average
13% 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)
460
480k
$347/sqft
1978
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68.4 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
38 Cadiz Bay — 7 amenities found within 500 m, across 3 categories, including 2 shopping (nearest 422 m), 4 parks (nearest 267 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%
38 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 Overview: 38 Cadiz Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, single-story home built in 1976, offering a practical and comfortable living space of 1,262 sqft on a generous, nearly 6,000 sqft lot. Its key appeal lies in its established Betsworth neighborhood setting and its relative value within the broader Winnipeg market. The home features a finished basement, adding to its usable space.
The property’s competitive positioning is nuanced. While its interior size and assessed value rank it solidly in the middle tier for its immediate area, it stands out for its larger-than-average lot and its age—it is notably newer than most homes on its street. This combination suggests a home that has been updated over time within a mature, stable community.
This home would best suit first-time buyers, downsizers, or value-oriented investors seeking a manageable, single-level layout without the upkeep of a large yard. It’s for those who prioritize a sense of space and light (afforded by the lot size) and community stability over brand-new finishes or premium street rankings. The finished basement also offers flexibility for a growing family, a home office, or a rental suite (subject to regulations).
Section 2: Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this home to others in its immediate street, wider neighborhood, and all of Winnipeg. For example, being newer than 95% of homes on its street is a significant advantage, indicating less immediate concern for major age-related repairs compared to neighbors.
2. Is the lack of a garage a major drawback?
For some buyers, yes. However, the very large lot presents a clear opportunity to add a detached garage or a substantial parking pad, which could add future value—a point to consider for handy buyers or those with a longer-term plan.
3. The assessed value ranks lower than the physical size of the home. Why might that be?
This can indicate that the home’s finishes, features, or specific condition are more modest compared to other similarly sized homes in the area. It underscores the importance of a viewing to see if the home offers "good bones" and potential, or if it requires more updating than average.
4. Who would find the finished basement most valuable?
Beyond extra living space, it’s a key asset for work-from-home professionals needing separation, families wanting a dedicated play or teen space, or anyone considering a potential income suite (with necessary permits).
5. What is the main takeaway from the lot size being its strongest ranking feature?
It highlights that the property's long-term value may be more in its land than in its current structure. This appeals to buyers who enjoy gardening, outdoor living, or who see the potential for future expansion or landscaping projects that smaller lots cannot accommodate.
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