Property score
73.5
Good
Overall 73.5 · Compared with neighbourhood average
1,206 sqft (top 49%) · Built in 1966 (5 yrs older than avg)
Located in a high-income area with median household income of ~125k
Transit 66.0 · 9-min walk to transit with 4 nearby routes · Within 500m: 1 school, 2 parks, and 2 sports facilitys nearby
Living Area
Near average
9% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 90%French · 1%
Past 10 years Heritage Park sales snapshot (~80% of all data)
295
501.3k
$272/sqft
1971
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73.5 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: #46110283
$125K
Median household income
$128K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
10%
Single-person households
46%
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
40 Fieldstone Bay — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 345 m), 2 parks (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 19% | Top 41% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 40 Fieldstone Bay, Heritage Park, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Heritage Park offers a blend of space, established character, and a strong positional value within its immediate neighbourhood. Built in 1966, the 1,206 sqft home sits on a notably generous 7,265 sqft lot, which ranks in the top 15% citywide for land area. This provides ample outdoor space and potential. The home features a renovated basement and a detached garage.
Its primary appeal lies in its standout performance relative to its own street and area. The property's assessed value ranks in the top 7% on Fieldstone Bay and the top 30% in Heritage Park, suggesting it is viewed as a premium property within these local contexts. While its living space is around the city average, it is above average for its specific street. This creates an interesting dynamic: it's a home that offers more land and perceived value than most of its direct neighbours, in an established area with mature surroundings.
This property would suit a buyer looking for a solid, single-level home in a mature Winnipeg neighbourhood, who values a larger lot for gardening, recreation, or future expansion. It’s ideal for someone who appreciates the stability of an area where homes hold their value well relative to nearby properties, and who may see potential in the renovated basement for additional living space.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value is significantly above average for Fieldstone Bay itself (top 7%) and above average for the wider Heritage Park area. This indicates it is considered a higher-value home within its immediate community compared to many neighbours.
2. Is the lot size a significant feature?
Yes. The lot is over 7,200 sqft, which is larger than approximately 85% of residential lots in Winnipeg. This is a key asset, offering more privacy, yard space, and potential than is typical.
3. What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the scope or finishes. This would be a key point for a viewing or direct inquiry with the listing agent to understand the quality and layout of the living space.
4. The home sold in late 2020. What can that price history tell me?
The past sale price provides a historical benchmark, but market conditions have likely changed. The more relevant data point may be its current high assessed value ranking on the street, which suggests its official valuation has remained strong relative to peers.
5. How does the living space compare, given it's a one-storey home?
At 1,206 sqft above grade, it offers slightly more space than the average home on its street. When combined with the renovated basement, the total usable living area is likely quite comfortable for a bungalow layout.
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