70.5
Good
Property score
70.5
Good
Overall 70.5
Smaller and older than most nearby homes
1,040 sqft (bottom 15%)
Built in 1987 (10 yrs older than avg)
Located in a high-income area
with median household income of ~136k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 2 schools, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 71%French · 8%
Past 10 years Dakota Crossing sales snapshot (~80% of all data)
973
465k
$394/sqft
1997
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70.5 is composed by the two sections below.
Property Score
Community Score
Dakota Crossing
How to read: Share of sales in each ~$50k price band for “dakota crossing” (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: #46110491
$136K
Median household income
$134K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
6%
Single-person households
41%
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
40 Queensbury Bay — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 470 m), 1 parks (nearest 348 m).
Dakota Crossing · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Property
44%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 4% | Bottom 7% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 40 Queensbury Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Dakota Crossing presents a practical and affordable entry point into a mature Winnipeg neighbourhood. Built in 1987, it is notably newer than many city-wide comparables. The home features a renovated basement and a detached garage on a modest, low-maintenance lot of just over 4,100 sqft.
Its primary appeal lies in its value positioning. With a living area of 1,040 sqft and an assessed value of $410k, it sits below the average for both its immediate street and the Dakota Crossing area, yet aligns closely with the city-wide average for assessed value. This creates a unique scenario: you’re acquiring a home that is newer than most in the city, in an established area, without a premium price tag for the neighbourhood. The compact lot size is a trade-off, reducing yard upkeep but also limiting expansive outdoor projects.
This property would best suit first-time buyers, downsizers, or value-focused investors seeking a turnkey, single-level living space without the higher costs typical of the immediate area. It’s for those who prioritize a modern(ish) build date and interior updates over square footage and large outdoor space.
Section 2: Frequently Asked Questions
1. Is this a small home for the area?
Yes. The living area is below average for both Queensbury Bay and the wider Dakota Crossing area, placing it in the smaller third of homes locally. However, it is very close to the average size for the entire city.
2. How does the assessed value compare?
At $410k, the assessment is below average for this specific street and neighbourhood, suggesting it may offer relative value within Dakota Crossing. City-wide, this assessment is typical, not an outlier.
3. What does the lot size mean for me?
At 4,135 sqft, the lot is smaller than most in the area and the city. This means less yard maintenance, but also less private outdoor space and limited potential for large additions.
4. The home was last sold in 2016. What does that indicate?
The eight-year ownership period suggests stability and likely thoughtful upkeep, rather than a quick flip. It may indicate a well-cared-for property from a long-term resident.
5. How does the 1987 build year affect the home?
For a Winnipeg home, 1987 is considered relatively new, meaning major components like wiring and plumbing are more modern than in mid-century homes. However, it is now approaching the age where original roofing, windows, and major appliances may need attention or have been recently updated.
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