59.0
Fair
Property score
59.0
Fair
Overall 59.0
Smaller and older than most nearby homes
1,046 sqft (bottom 21%)
Built in 1963 (8 yrs older than avg)
Located in a above-average income area
with median household income of ~65k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 1 school, 2 shops, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 74%Tagalog · 3%
Past 10 years Heritage Park sales snapshot (~80% of all data)
295
501.3k
$272/sqft
1971
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
59.0 is composed by the two sections below.
Property Score
Community Score
Heritage Park
How to read: Share of sales in each ~$50k price band for “heritage park” (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: #46110281
$65K
Median household income
$70K
Average household income
21%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.3
P90 / P10 ratio
37%
Single-person households
22%
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
23 Carriage Bay — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 239 m), 2 shopping (nearest 281 m).
Heritage Park · WPS public data · 2026
Annual incidents
21
2026
vs. city avg
-29%
relative to avg
Year-over-year
▼ -88%
vs. prior year
Primary type
Property
43%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 24% | Top 32% | Top 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Carriage Bay, Heritage Park, Winnipeg
Key Characteristics & Appeal
This 1963 bi-level home at 23 Carriage Bay presents a compelling mix of established neighbourhood character and modern practicality. With 1,046 sqft of living space and a renovated basement, it offers functional living on a manageable 5,495 sqft lot. A detached garage adds utility.
The home’s primary appeal lies in its position within the sought-after Heritage Park area, coupled with a notably strong assessment value relative to its immediate surroundings. While the living space is modest compared to some neighbours, its assessed value ranks in the top 9% on its own street and the top 26% in Heritage Park, suggesting the property is well-regarded or has features the market rewards. This creates an interesting dynamic: you’re purchasing a home that may be physically smaller than some peers, but one that holds significant perceived value within its micro-market.
It would suit a first-time buyer or downsizer seeking an established, stable neighbourhood without a massive yard to maintain. The renovated basement adds flexible space for a growing family, a home office, or a recreation room. This property is for the buyer who values location and solid fundamentals over sheer size, and who understands that a higher assessment relative to area norms can be a positive indicator of underlying value or future stability.
Frequently Asked Questions
1. How does the assessed value compare to the last known sale price?
The home sold in June 2021 for an estimated range of $375,000 - $405,000. The current assessed value is $400,000, indicating the official assessment aligns closely with its recent market transaction.
2. Is the lot size a disadvantage?
At 5,495 sqft, the lot is below the average for both the street and Heritage Park. This means less yard maintenance, which many buyers appreciate, but may limit expansion possibilities or spacious outdoor living compared to some neighbours.
3. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. We recommend inquiring about the finishes, ceiling height, permits, and whether it includes a secondary bedroom or legal egress.
4. The home is older than many on the street. Should I be concerned?
Built in 1963, it is older than most homes on Carriage Bay. This is typical for a mature neighbourhood and suggests potential for classic construction quality. A thorough inspection is always advised to understand the condition of major systems like roof, plumbing, and wiring, which may be original or updated.
5. Why is the assessed value ranking so much higher than the living area ranking?
This is a key point. The home ranks in the top 9% for value on its street but only in the top 79% for size. This discrepancy often signals that other factors—such as the renovated basement, premium lot location, superior finishes, or simply strong market demand for homes in this specific location—are driving its official valuation significantly more than square footage alone.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
