23 Laurel Bay

Garden City, Winnipeg

Property score

60.0

Fair

Overall 60.0 · Newer than most nearby homes

1,172 sqft (bottom 47%) · Built in 1968 (7 yrs newer than avg)

Located in a average-income area with median household income of ~61.6k

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 2 schools, 1 shop, 4 parks, and 1 government office nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 60%Tagalog · 8%

Past 10 years Garden City sales snapshot (~80% of all data)

Sold Count

616

Median price

411k

$/sqft

$361/sqft

Avg build year

1961

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Property score

60.0 is composed by the two sections below.

Property Score

59.6Fair
Living Area1,172 sqft60Fair
Year Built196852Fair
Lot Size5,776 sqft74Good
Neighbourhood Sales Activity42Low

Community Score

60.6Fair
Household Income64Fair
Education Level54Fair
Housing Stress63Fair
Core Housing Need63Fair
Employment Health52Fair

Neighbourhood Sales

Garden City

How to read: Share of sales in each ~$50k price band for “garden city” (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: #46110010

Community deep dive

$62K

Median household income

$85K

Average household income

13%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

44%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)795
Labour force participation rate54%
Median age54.8
Avg household size2.1
Unemployment rate8%
Population density3785 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households44%
Couple families with children14%
Median household income (2020)$62K

Housing

Renter households42%
Condominium dwellings26%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority25%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Tagalog · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,172 sqft
0255075100
Same streetBottom 37%Same areaBottom 47%CitywideBottom 47%
Same street · Laurel Bay
#26 / 41
Bottom 37% · Avg 1,337 sqft
Same area · Garden City
#1,011 / 1,909
Bottom 47% · Avg 1,307 sqft
Citywide · Winnipeg
#102,801 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
353k
0255075100
Same streetBottom 20%Same areaTop 45%CitywideBottom 47%
Same street · Laurel Bay
#33 / 41
Bottom 20% · Avg 378k
Same area · Garden City
#852 / 1,909
Top 45% · Avg 357.4k
Citywide · Winnipeg
#102,497 / 194,458
Bottom 47% · Avg 390.1k

Year Built

above average
1968
0255075100
Same streetBottom 34%Same areaTop 10%CitywideTop 50%

Lot Size

around average
5,776 sqft
0255075100
Same streetBottom 22%Same areaBottom 28%CitywideTop 37%

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

23 Laurel Bay — 8 amenities found within 500 m, across 4 categories, including 2 education (nearest 366 m), 1 shopping (nearest 424 m), 4 parks (nearest 135 m).

Search radius
🏫Education2
🛒Shopping1
🌳Parks4
🏛️Government1

Crime & Safety

Garden City · WPS public data · 2026

Annual incidents

45

2026

vs. city avg

+53%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

69%

Sales History

Sold 9/2016CA$300k–350k
Sold price

Same street

Bottom 25%

Same area

Bottom 36%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 23 Laurel Bay, Winnipeg

Property Overview: 23 Laurel Bay, Garden City, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey bungalow at 23 Laurel Bay is a practical and updated home in Winnipeg's Garden City neighborhood. Its key characteristics include 1,172 sqft of living space, an attached garage, and a renovated basement, sitting on a 5,776 sqft lot. Built in 1968, the home is notably newer than many in the wider Garden City area.

The primary appeal lies in its move-in readiness with a modernized basement, combined with the convenience of single-level living. The property presents a solid value proposition, as its assessed value is below the average for its immediate street, suggesting potential equity opportunity in a well-established area. It suits first-time buyers seeking a manageable, updated home without major projects, or downsizers looking for the ease of a bungalow with a finished lower level for family visits or hobbies. A thoughtful perspective is that while the lot size is slightly below average for the street, it translates to less yard maintenance without sacrificing outdoor space—an often-overlooked benefit for busy households.

Section 2: Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 1,172 sqft, the living area is close to the average for both Laurel Bay and the broader Garden City area. It offers a comfortable footprint for a bungalow, with the renovated basement effectively adding more usable space.

2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is a municipal benchmark for taxation, not a market price. Notably, this home's assessment is below the average for Laurel Bay itself, which can be attractive. Market conditions, the home's updated condition, and buyer demand will ultimately determine the sale price.

3. What does the sold price history show?
Public records indicate a sale in September 2016 for an estimated range of $285,000 to $315,000. For the exact historical sold price, you can request it via email from the listing source.

4. Who would this property best suit?
It's an excellent fit for first-time homeowners or those looking to downsize. The single-level layout and updated basement provide ease and flexibility, while the established neighborhood offers stability.

5. Are there any less obvious considerations?
While the home is newer than many in Garden City, being built in 1968 means standard considerations for systems like roofing, windows, or the furnace apply. The below-average lot size for the street is balanced by lower maintenance. Its position on a quiet bay, with nearby similar homes, suggests a consistent and neighborly streetscape.

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