60.6
Fair
Property score
60.6
Fair
Overall 60.6
Newer than most nearby homes
1,160 sqft (bottom 44%)
Built in 1969 (8 yrs newer than avg)
Located in a average-income area
with median household income of ~61.6k
Transit 86.0
4-min walk to transit with 4 nearby routes
Within 500m: 2 schools, 3 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
11% smaller than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 60%Tagalog · 8%
Past 10 years Garden City sales snapshot (~80% of all data)
616
411k
$361/sqft
1961
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60.6 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110010
$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
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
46 Laurel Bay — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 348 m), 3 parks (nearest 212 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 22% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 46 Laurel Bay in Winnipeg's Garden City neighborhood presents a practical and value-oriented opportunity. Its key appeal lies in its renovated basement and a lot size that is above average for the city, offering space and modernized living areas. The home is smaller than most on its street but aligns with the average size for the wider area. Built in 1969, it is notably newer than many homes in Garden City. The assessed value is modest, especially compared to neighboring properties, which may indicate a lower property tax burden relative to nearby homes.
It would suit first-time buyers seeking an entry point into a stable neighborhood, downsizers looking for a manageable single-level layout with a finished basement for extra space, or value-focused investors. The property offers a chance to own a home with recent updates on a good-sized lot, without the premium price tag of the street's larger homes.
Frequently Asked Questions
1. How does the home's size compare to the neighborhood?
The living area is 1,160 sqft, which is below the average for Laurel Bay itself but is very close to the average size for both the broader Garden City area and Winnipeg as a whole.
2. What does the "below average" assessed value mean?
The home's assessed value is in the bottom tier on its own street (ranked 39 out of 41), suggesting it is valued lower than most direct neighbors. However, it is around the average for Garden City. This could point to a relatively lower property tax assessment compared to other houses on the block.
3. Is the lot a good size?
Yes. The 6,040 sqft lot is above average compared to all properties in Winnipeg, offering more outdoor space than many city lots.
4. What is the significance of the year built?
Built in 1969, this home is newer than approximately 95% of comparable properties in Garden City, which may be appealing for those preferring a home from a later construction era.
5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed. You can request this information by email via the button on the listing page. The service is manual, with a aim to reply by the end of the same day, and your email will not be used for unsolicited marketing.
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