83.3
Excellent
Property score
83.3
Excellent
Overall 83.3
Larger than most nearby homes
1,718 sqft (top 21%)
Built in 2004 (7 yrs newer than avg)
Located in a high-income area
with median household income of ~127k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 shop, and 3 parks nearby
Winnipeg Real Estate Market Summary – Week 19, May 10, 2026
Winnipeg's market stayed firmly seller-led this week, with ~100 sales recorded. Around 65% closed above asking, averaging a ~7% premium and a median 8 days on market. The $400–600K detached segment wa…
Living Area
Above average
29% larger than neighborhood avg.
Year Built
Near average
7 yrs newer than neighborhood avg.
Mother tongue
English · 75%Tagalog · 5%
Past 10 years Canterbury Park sales snapshot (~80% of all data)
1,049
440.7k
$385/sqft
1997
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83.3 is composed by the two sections below.
Property Score
Community Score
Canterbury Park
How to read: Share of sales in each ~$50k price band for “canterbury park” (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: #46111243
$127K
Median household income
$127K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
15%
Single-person households
45%
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
56 William Gibson Bay — 4 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 180 m), 3 parks (nearest 355 m).
Canterbury Park · WPS public data · 2026
Annual incidents
8
2026
vs. city avg
-73%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
88%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 24% | Top 24% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 56 William Gibson Bay, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Canterbury Park is defined by its substantial lot and modern foundation. Built in 2004, it sits on an exceptionally large 8,593 sqft property, ranking in the top 2% for lot size on its street. The home itself offers 1,718 sqft of living space, which is comfortably above average for the area, and includes a renovated basement and an attached garage.
The primary appeal lies in its land value and position within a well-established neighbourhood. The lot size offers rare potential for expansion, gardening, or private outdoor space that is increasingly uncommon in newer subdivisions. While the living area is generous, the standout feature is the property's overall equity and stability, as reflected in its assessed value ranking in the top 5% locally. This isn't just a home; it's a significant land holding in a desirable area.
This property would best suit buyers who prioritize long-term value in land over a brand-new build, and who may see potential in the existing footprint to customize over time. It's ideal for a growing family seeking space to play and expand outdoors, or for value-conscious buyers who understand that land is a finite resource and a large lot in a mature neighbourhood like Canterbury Park is a strategic asset.
Section 2: Frequently Asked Questions
Q: How does the large lot size impact my costs?
A: While offering great privacy and potential, a larger lot typically means higher property taxes and increased maintenance (like lawn care or snow clearing) compared to properties with standard-sized lots in the same area.
Q: The home was built in 2004. What major systems might need attention soon?
A: Being 20+ years old, key components like the roof, HVAC system, and major appliances are likely at or beyond their typical lifespan. A thorough inspection is advised to budget for potential upcoming replacements or updates.
Q: The assessed value is listed at $52.90k, but it sold for $460k. Why is there such a difference?
A: In Manitoba, the assessed value is set by the municipal government for taxation purposes and is not intended to reflect market value. The sale price is the true indicator of current market value, driven by buyer demand, condition, and location.
Q: The living area is above average, but not elite. How does the layout feel?
A: With 1,718 sqft spread over two floors plus a renovated basement, the home offers good separation of living and sleeping areas. The perceived space is significantly enhanced by the large lot, which can make the interior feel more open and connected to the outdoors.
Q: What is the significance of the "Elite" and "Top %" rankings provided?
A: These rankings contextualize the home's specific metrics (like lot size or year built) against immediate neighbours, the wider Canterbury Park area, and all of Winnipeg. They highlight that this property's greatest strength is its land size relative to its direct surroundings, which is a key driver of value.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
