Property score
61.2
Fair
Overall 61.2 · Older than most nearby homes
1,116 sqft (bottom 34%) · Built in 1963 (8 yrs older than avg)
Located in a above-average income area with median household income of ~65k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 shops, and 2 place of worships nearby
Living Area
Below average
15% 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
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61.2 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
7 Carriage Bay — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 258 m), 2 shopping (nearest 200 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 | Bottom 24% | Bottom 34% | Bottom 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 3-level split home at 7 Carriage Bay in Winnipeg's Heritage Park neighbourhood presents a practical opportunity in a mature area. Built in 1963, it offers 1,116 sqft of living space and sits on a 4,997 sqft lot, both dimensions that are modest compared to many immediate neighbours but align more closely with city-wide averages. A key updated feature is the renovated basement. The home lacks a garage or pool. Its assessed value is positioned in the middle range for the area, suggesting a price point that reflects its size and vintage rather than premium finishes or lot size.
Key Characteristics & Appeal
The primary appeal of this property is its straightforward, no-frills footprint in an established community. It suits first-time buyers, downsizers, or investors looking for an entry point into the neighbourhood without a premium price tag. The renovated basement adds functional living space and is a notable positive. While the lot is smaller than others on the street, it requires less maintenance. The home’s metrics indicate it is an "average" performer city-wide in terms of size and value, but it trends toward the smaller and older end within its specific block. This creates a nuanced value proposition: you’re buying into the location and community of Heritage Park, but acquiring one of its more compact, original homes. It would suit a pragmatic buyer who prioritizes location over size, and who sees potential in a home that is already partially updated.
Frequently Asked Questions
1. How does the lot size impact the property?
At just under 5,000 sqft, the lot is notably smaller than most on Carriage Bay. This means less yard maintenance and lower outdoor upkeep costs, but also limited space for expansions, large gardens, or extensive outdoor recreation.
2. What does the "renovated basement" typically include?
The listing notes a renovated basement but does not specify the scope. Buyers should inquire about the quality of the renovation, whether it includes a proper bathroom or kitchenette, and if permits were obtained, as this significantly affects the value and usability of the space.
3. Is the lack of a garage a major concern?
For this area and vintage of home, not having a garage is not uncommon. Buyers should assess on-street parking availability and consider the cost and feasibility of adding a shed or carport if storage or vehicle protection is a priority.
4. How does the 1963 build year affect the home?
Built in 1963, the home is older than many in Heritage Park. Prospective buyers should pay particular attention to the condition of major aging components, such as the roof, plumbing, electrical systems, and foundation, during an inspection.
5. Why is the assessed value different from the last sold price?
The home sold in early 2018 for an estimated range, and the current assessed value is a municipal assessment for tax purposes. Market value can be higher or lower than this figure based on recent updates, market conditions, and specific buyer demand.
