62 Laurel Bay

Garden City, Winnipeg

Property score

74.3

Good

Overall 74.3 · Larger and newer than most nearby homes

2,457 sqft (top 3%) · Built in 1972 (11 yrs newer than avg)

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

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 schools, 3 parks, and 2 sports facilitys nearby

Living Area

Above average

88% larger than neighborhood avg.

Year Built

Above average

11 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

74.3 is composed by the two sections below.

Property Score

83.4Excellent
Living Area96
2,457 sqftExcellent
Year Built58
1972Fair
Lot Size81
6,043 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

60.6Fair
Household Income64
Fair
Education Level54
Fair
Housing Stress63
Fair
Core Housing Need63
Fair
Employment Health52
Fair

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

Elite
2,457 sqft
0255075100
Same streetTop 2%Same areaTop 3%CitywideTop 3%
Same street · Laurel Bay
#1 / 41
Top 2% · Avg 1,337 sqft
Same area · Garden City
#56 / 1,909
Top 3% · Avg 1,307 sqft
Citywide · Winnipeg
#6,322 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
532k
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 15%
Same street · Laurel Bay
#1 / 41
Top 2% · Avg 378k
Same area · Garden City
#18 / 1,909
Top 1% · Avg 357.4k
Citywide · Winnipeg
#29,234 / 194,458
Top 15% · Avg 390.1k

Year Built

Elite
1972
0255075100
Same streetTop 2%Same areaTop 2%CitywideTop 45%

Lot Size

above average
6,043 sqft
0255075100
Same streetTop 41%Same areaBottom 38%CitywideTop 30%

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

62 Laurel Bay — 7 amenities found within 500 m, across 3 categories, including 2 education (nearest 308 m), 3 parks (nearest 178 m).

Search radius
🏫Education2
🌳Parks3
💪Sports2

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 3/2021CA$450k–500k
Sold price

Same street

Top 13%

Same area

Top 5%

City-wide

Top 22%

Related homes

Highlights & common questions: 62 Laurel Bay, Winnipeg

Property Summary: 62 Laurel Bay, Garden City, Winnipeg

Key Characteristics & Appeal

This two-storey home on Laurel Bay is a standout property in its neighbourhood, primarily due to its generous proportions and established value. Its most notable feature is the living space: at 2,457 sqft, it ranks in the top 2-3% for size both on its street and in the wider Garden City area, offering significantly more room than comparable local homes. Built in 1972, it is also among the newer homes in this mature community. The property includes an attached garage and a renovated basement, sitting on a well-sized lot of just over 6,000 sqft.

The appeal lies in securing a spacious, above-average home in a settled neighbourhood without the premium often associated with newer subdivisions. It suits buyers who prioritize interior space over a massive yard and who appreciate the character and stability of an established area like Garden City. The strong assessed value, ranking in the top 1% locally, indicates a property that has been maintained and valued well above its peers. This home would be an excellent fit for a growing family needing ample room or for someone looking for a substantial property with a proven history of value retention in Winnipeg.

Frequently Asked Questions

1. How does the sold price history work?
The listed sold price is a range based on available public data. To obtain the exact historical sale price, you can submit a request via email on the site. This is done manually to ensure accuracy, with a reply typically provided by the end of the same business day.

2. What do the "Elite" and "Top X%" rankings mean?
These rankings compare this specific property against similar homes in three categories: its immediate street, the Garden City area, and city-wide Winnipeg. An "Elite" or high percentile ranking means the home performs better than the stated percentage of peers for that metric (e.g., size, assessed value). For example, ranking in the "Top 2%" for living area means it is larger than 98% of comparable homes on its street.

3. The city-wide assessed value ranking is "Top 15%," but the local ones are higher. Why?
This shows the property is exceptionally valued within its own neighbourhood and area (top 1-2%), which is often more important for local market dynamics. The city-wide comparison includes a much broader and more varied range of properties, so while still above average, the ranking naturally adjusts within the full market context.

4. Is the land size a drawback?
The lot is approximately 6,043 sqft, which is slightly below the average for the street but remains above the city-wide average. It represents a balanced offering: a very spacious home on a manageable yard, which may appeal to those who prefer less exterior maintenance without compromising on interior living space.

5. What is included with the "renovated basement"?
The listing confirms the basement is renovated, but the specific details, finishes, and whether it includes a legal suite or additional bedrooms would require confirmation through a viewing or direct inquiry with the listing agent. It signifies updated living space below grade, adding to the home's functional square footage.