61.7
Fair
Property score
61.7
Fair
Overall 61.7
Smaller and older than most nearby homes
1,014 sqft (bottom 7%)
Built in 1964 (7 yrs older than avg)
Located in a above-average income area
with median household income of ~65k
Transit 86.0
4-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
23% smaller than neighborhood avg.
Year Built
Below average
7 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
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61.7 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
29 Carriage Bay — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 203 m), 2 shopping (nearest 296 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 4% | Top 11% | Top 22% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 24% | Top 32% | Top 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 36% | Top 37% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 29 Carriage Bay, Heritage Park, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 29 Carriage Bay presents a compelling proposition centered on its exceptional lot. The house itself, built in 1964, is a modest 1,014 sqft residence with a renovated basement and a detached garage. Its living space is notably below average for the immediate street, neighbourhood, and city. However, this is dramatically offset by the property's elite, oversized land parcel of over 11,500 sqft—ranking in the top 2-4% of comparable properties at every geographic level. This creates a rare opportunity in a mature neighbourhood.
The primary appeal lies in this land value and potential. The assessed value of $430k is elite for Carriage Bay (top 3%), indicating the lot itself is a significant asset. It perfectly suits two types of buyers: first, those with a vision for expansion or rebuilding who seek a premier lot in a settled area without paying a premium for a large existing structure. Second, it suits buyers who prioritize immense outdoor space, privacy, and greenery over a large interior footprint. It’s a property where the future possibilities or the yard itself are the main attractions, not the current home’s size.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high relative to the home's size?
The $430k assessment is driven predominantly by the value of the land. The lot is exceptionally large for Winnipeg, especially within the established Heritage Park neighbourhood, which commands a premium.
2. Is the house in need of major updates?
While the basement is noted as renovated, the main living area is from 1964 and is below average in size. Buyers should budget for modernizing the main level or consider it a candidate for a significant expansion to match the lot's stature.
3. What can you build on a lot this size?
The large lot provides flexibility for additions, a sizable garage or workshop, extensive landscaping, or even future redevelopment, subject to local zoning bylaws and permits. It offers room that is very difficult to find in the city.
4. How does the sold price history inform the current value?
The home has sold three times since 2017, with each sale price range increasing, reflecting a steady appreciation. The most recent sale in mid-2022 was in the $435k-$465k range, aligning with the current assessed value and demonstrating strong demand for properties with these land characteristics.
5. What is the neighbourhood (Heritage Park) like?
Heritage Park is a mature, established neighbourhood. The property's rankings show that while the home is older and smaller than many in the area, its lot size and assessed value are well above the neighbourhood averages, placing it among the more premium holdings on the street.
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