Property score
59.0
Fair
Overall 59.0 · Newer than most nearby homes
1,098 sqft (bottom 31%) · Built in 1968 (7 yrs newer than avg)
Located in a average-income area with median household income of ~61.6k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 4 parks, and 3 sports facilitys nearby
Living Area
Below average
16% 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)
616
411k
$361/sqft
1961
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59.0 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
78 Laurel Bay — 9 amenities found within 500 m, across 3 categories, including 2 education (nearest 272 m), 4 parks (nearest 169 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 | Top 38% | Top 25% | Top 40% |
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 78 Laurel Bay in Winnipeg's Garden City neighborhood presents a specific and appealing value proposition. Its key characteristic is the generous 9,514 sqft lot, which is exceptionally large for the area, ranking in the top 3% of Garden City. The house itself is more modest, with 1,098 sqft of living space, which is below average for its immediate street but around the citywide norm. It features a renovated basement and a detached garage. Built in 1968, the home sits on a lot that offers significant outdoor space and potential, while the structure represents a manageable, single-level footprint.
Section 1: Appeal & Suitability
The primary appeal of this property lies in its land. The lot size is a standout feature, offering rare space for gardening, recreation, expansion, or future development in a well-established neighborhood. The renovated basement adds functional living space, and the single-storey layout is ideal for easy living or aging in place. Its assessed value is strong for Garden City, suggesting good value retention in the area.
This home would best suit buyers who prioritize land over a large house. It's an excellent match for first-time buyers or downsizers seeking a manageable home with a huge yard, or for long-term owners who see the lot's inherent value and potential. It may also appeal to value-conscious buyers looking in Garden City, where the house offers a solid foundation and the lot provides a unique premium.
Section 2: Frequently Asked Questions
1. Is the lot size unusual for this area?
Yes. The property's lot is approximately 50% larger than the average for both Garden City and Winnipeg overall, placing it in the elite tier for land area locally.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent to understand the finish quality, layout, and if it includes a separate entrance or legal suite potential.
3. How does the home's size compare to others?
The living space is slightly below average for houses on Laurel Bay itself but is around the average size when compared to all homes across Winnipeg. It's a compact, efficient layout.
4. What is the significance of the assessed value being "above average" for Garden City?
This indicates that, according to municipal assessment, this property holds a higher value relative to most homes in the Garden City community, which can be a positive indicator of its perceived market value and appeal within that specific area.
5. Can the detached garage be developed or rebuilt?
Given the substantial lot size, there may be flexibility for upgrading the garage or adding other structures, subject to local zoning bylaws. The large lot is the key asset that makes such future projects more feasible here than on a standard parcel.
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