58 Cadiz Bay

Betsworth, Winnipeg

Property score

71.7

Good

Overall 71.7 · Compared with neighbourhood average

1,456 sqft (top 41%) · Built in 1976 (2 yrs older than avg)

Located in a above-average income area with median household income of ~86k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby

Living Area

Near average

0% 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)

Sold Count

460

Median price

480k

$/sqft

$347/sqft

Avg build year

1978

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Property score

71.7 is composed by the two sections below.

Property Score

71.3Good
Living Area1,456 sqft75Good
Year Built197667Good
Lot Size5,763 sqft74Good
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

above average
1,456 sqft
0255075100
Same streetTop 18%Same areaTop 41%CitywideTop 33%
Same street · Cadiz Bay
#4 / 22
Top 18% · Avg 1,267 sqft
Same area · Betsworth
#605 / 1,485
Top 41% · Avg 1,455 sqft
Citywide · Winnipeg
#64,042 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

around average
406k
0255075100
Same streetBottom 45%Same areaBottom 42%CitywideTop 37%
Same street · Cadiz Bay
#12 / 22
Bottom 45% · Avg 412.5k
Same area · Betsworth
#866 / 1,485
Bottom 42% · Avg 458k
Citywide · Winnipeg
#71,729 / 194,458
Top 37% · Avg 390.1k

Year Built

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

Lot Size

around average
5,763 sqft
0255075100
Same streetBottom 1%Same areaBottom 12%CitywideTop 38%

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

58 Cadiz Bay — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 266 m).

Search radius
🌳Parks4

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 8/2022CA$400k–450k
Sold price

Same street

Top 29%

Same area

Top 38%

City-wide

Top 24%

Related homes

Highlights & common questions: 58 Cadiz Bay, Winnipeg

Property Overview

This two-storey home in Betsworth offers a practical and established living environment. Built in 1976, it sits on a generous 5,763 sqft lot and features 1,456 sqft of living space, including a finished basement. The home comes with an attached garage and has a recent sale history, having transacted in August 2022.

Key Characteristics & Appeal

The primary appeal of this property lies in its space and established neighborhood setting. The above-average lot size provides ample outdoor room for gardening, play, or expansion, a notable advantage in mature communities. With a finished basement, the functional living space extends beyond the main square footage, offering flexibility for recreation, a home office, or guest accommodation. Its recent resale suggests it's been a viable and maintained home in the current market.

This home would suit a buyer looking for a solid, no-frills property in a long-established area. It's well-matched for first-time buyers seeking a manageable entry into homeownership with some room to grow, or for downsizers who value a single-family home with a good yard but without the premium of a newer build. The rankings indicate it offers more interior space than many homes in Winnipeg, providing relative value for its footprint.

Potential Buyer FAQs

1. What does the "finished basement" include?
The listing confirms the basement is finished, meaning it has been developed into livable space. Viewing the property or requesting details from the listing agent is necessary to understand the specific layout, room types, and finish quality.

2. How does the 1976 build year affect the home?
A home of this age typically has mature landscaping and is located in a settled neighborhood. Buyers should budget for potential updates to major aging components, such as the roof, windows, or HVAC system, which may be nearing the end of their service life. A thorough home inspection is highly recommended.

3. What is the significance of the lot size ranking?
The data shows the land size ranks highly within its own street, meaning it's one of the larger lots in the immediate area. This can be a long-term advantage for privacy, outdoor use, and potentially for future property value.

4. The community ranking for "size" is lower. What does that mean?
While the home's interior space is above average for Winnipeg, it ranks as more average within the wider Betsworth community itself. This suggests the immediate neighborhood may have a mix of larger and more compact homes, placing this property in the middle range locally.

5. Why is there a difference between the 2022 sale price and the current assessed value?
The assessed value ($406,000) is a municipal valuation for tax purposes, often lagging behind the current market. The 2022 sale price ($445,000) is a historical market transaction. A property's current market value is determined by present-day supply, demand, condition, and comparable sales, not directly by either of these past figures.

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