65.2
Good
Property score
65.2
Good
Overall 65.2
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
1-min walk to transit with 3 nearby routes
Within 500m: 1 school, 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
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65.2 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
56 Queensbury Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 436 m), 1 parks (nearest 402 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 | Top 35% | Bottom 34% | Top 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
56 Queensbury Bay is a well-situated bi-level home in Winnipeg's Dakota Crossing neighbourhood. Its primary appeal lies in offering a solid entry point into a stable area, presenting a clear value proposition for a specific type of buyer. The home features a renovated basement and a detached garage on a generous, above-average lot for the immediate area.
Key Characteristics & Ideal Buyer
This home is defined by its modest, efficient living space of 870 sqft, which is notably smaller than most homes on its street and in Dakota Crossing. However, it compensates with a land area that is larger than many of its neighbours, offering valuable outdoor space. With a year-built of 1987, it is a relatively newer home on its block. The assessed value is modest for the local area, suggesting a potentially accessible price point.
Its appeal is strongest for pragmatic, value-focused buyers. It would suit a first-time homebuyer or an investor looking for a manageable property in a mature neighbourhood without a premium price tag. The renovated basement adds functional living space, while the larger lot presents opportunities for gardening, expansion, or simply more private outdoor room than is typical nearby. A thoughtful perspective is that this property represents a "land play" in an established area—you're acquiring a desirable location and lot size, with the home itself being a functional starting point.
1. Is this a small house?
Yes. At 870 sqft of living area, it is significantly smaller than the average home on Queensbury Bay and in the wider Dakota Crossing area. Efficient use of space and the renovated basement are key.
2. Why is the assessed value so much lower than the city-wide average?
The city-wide average includes all property types and values across Winnipeg. This home's assessment is in line with similar, modest-sized homes in its own neighbourhood and comparable areas, reflecting its specific characteristics and local market.
3. What does the "above average" year built mean for the street?
Most homes on Queensbury Bay were built around 1987 or earlier. This home, built in 1987, is among the newer ones on the block, which can be an advantage for systems like plumbing and electrical compared to much older stock.
4. Who would this property not suit?
It may not suit buyers looking for ample above-ground square footage, modern open-concept layouts, or those who prefer a home that requires no immediate updates, as the main living area is compact.
5. What is the potential here for a buyer?
The potential lies in the combination of a newer-than-street-average home on a larger-than-street-average lot. A buyer could enjoy the renovated basement now and see the lot size as long-term value, whether for personal outdoor use or future expansion.
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