63.3
Fair
Property score
63.3
Fair
Overall 63.3
Smaller and older than most nearby homes
870 sqft (bottom 5%)
Built in 1987 (10 yrs older than avg)
Located in a high-income area
with median household income of ~136k
Transit 88.0
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
41% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
63.3 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
48 Queensbury Bay — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 465 m), 1 parks (nearest 372 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 1% | Bottom 5% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 48 Queensbury Bay, Winnipeg
Key Characteristics & Appeal
This 1987 bi-level home at 48 Queensbury Bay presents a specific and practical value proposition. Its key characteristic is its compact size, with 870 sqft of living space, which places it among the smaller homes on its street, in the Dakota Crossing area, and city-wide. This is balanced by a renovated basement and a detached garage. The assessed value of $390,000 is modest for the immediate neighborhood but aligns with the Winnipeg average.
The appeal lies in its efficiency and relative modernity for the city. Built in 1987, it is newer than many Winnipeg homes and is one of the newer properties on its own street. The renovated basement adds functional living space. The lot, while smaller than most in the area at 4,028 sqft, offers manageable outdoor maintenance.
This property would best suit first-time buyers, downsizers, or pragmatic investors seeking an entry point into the Dakota Crossing area without the upkeep of a larger property. It’s for those who prioritize a modern building foundation, updated interiors, and a lower footprint over expansive square footage or a large yard.
Frequently Asked Questions
1. Is this a small house?
Yes, at 870 sqft, the living area is below the average for the street, neighborhood, and city. This makes it a compact, efficient layout.
2. Why is the assessed value average for the city but below average for the street?
The $390,000 assessment reflects the home’s size and overall market value. On Queensbury Bay, many homes are larger or on bigger lots, commanding higher values. City-wide, this price point is more common.
3. What does "renovated basement" mean in a bi-level?
In a bi-level, the basement is partially above ground, offering better natural light. A renovation here likely created additional living, recreational, or bedroom space, effectively increasing the home’s usable area beyond the main floor square footage.
4. How does the lot size impact the property?
At 4,028 sqft, the lot is smaller than most nearby. This means less yard maintenance, which can be a benefit, but also less private outdoor space. It’s a trade-off that contributes to the home’s manageable scale.
5. The home sold for $300,000 in 2017. What does that tell us?
The 2017 sale price provides historical context, showing significant appreciation to its current $390,000 assessed value. This highlights market trends but does not dictate the current listing or sale price, which is determined by present market conditions.
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.
