40 Listowel Bay

Jameswood, Winnipeg

Property score

71.6

Good

Overall 71.6 · Larger and newer than most nearby homes

1,324 sqft (top 2%) · Built in 1957

Located in a high-income area with median household income of ~95k

Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 1 park, and 1 fuel station nearby

Living Area

Above average

25% larger than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 76%Tagalog · 5%

Past 10 years Jameswood sales snapshot (~80% of all data)

Sold Count

203

Median price

341.5k

$/sqft

$321/sqft

Avg build year

1957

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Property score

71.6 is composed by the two sections below.

Property Score

64.7Fair
Living Area1,324 sqft71Good
Year Built195743Low
Lot Size5,400 sqft67Good
Neighbourhood Sales Activity69Good

Community Score

82.0Excellent
Household Income83Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health96Excellent

Neighbourhood Sales

Jameswood

How to read: Share of sales in each ~$50k price band for “jameswood” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110273

Community deep dive

$95K

Median household income

$106K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

32%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)553
Labour force participation rate78%
Median age40.0
Avg household size2.4
Unemployment rate2%
Population density2212 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households32%
Couple families with children28%
Median household income (2020)$95K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority27%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 76%
Mother tongue (2nd)Tagalog · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,324 sqft
0255075100
Same streetTop 6%Same areaTop 2%CitywideTop 40%
Same street · Listowel Bay
#1 / 17
Top 6% · Avg 1,095 sqft
Same area · Jameswood
#7 / 431
Top 2% · Avg 1,059 sqft
Citywide · Winnipeg
#77,867 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

Elite
372k
0255075100
Same streetTop 6%Same areaTop 5%CitywideTop 46%
Same street · Listowel Bay
#1 / 17
Top 6% · Avg 323.5k
Same area · Jameswood
#21 / 431
Top 5% · Avg 305.3k
Citywide · Winnipeg
#90,068 / 194,458
Top 46% · Avg 390.1k

Year Built

Elite
1957
0255075100
Same streetTop 6%Same areaTop 2%CitywideBottom 37%

Lot Size

around average
5,400 sqft
0255075100
Same streetBottom 12%Same areaTop 47%CitywideTop 46%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

40 Listowel Bay — 8 amenities found within 500 m, across 5 categories, including 4 dining (nearest 254 m), 1 education (nearest 294 m), 1 parks (nearest 67 m).

Search radius
🍽️Dining4
🏫Education1
🌳Parks1
Fuel Stations1
Worship1

Crime & Safety

Jameswood · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Other

100%

Sales History

Sold 7/2024CA$450k–500k
Sold price

Same street

Top 11%

Same area

Top 1%

City-wide

Top 21%
Sold 6/2022CA$450k–500k
Sold price

Same street

Top 22%

Same area

Top 2%

City-wide

Top 23%

Related homes

Highlights & common questions: 40 Listowel Bay, Winnipeg

Property Overview & Key Characteristics

This two-storey home at 40 Listowel Bay in Winnipeg’s Jameswood neighbourhood presents a well-maintained, above-average offering for its immediate area. Built in 1957, the 1,324 sqft house stands out on its street and in Jameswood for its living space, assessed value, and overall condition, ranking in the top 6% and 5% locally for those metrics, respectively. Its renovated basement adds functional living area. The property sits on a 5,400 sqft lot, which is slightly smaller than the average for the street but typical for the wider neighbourhood. A detached garage provides parking and storage.

The primary appeal lies in its strong positioning within a stable, established community. It’s not the newest or largest home city-wide, but it represents a quality, move-in-ready property that outperforms most of its direct peers. The recent sale history suggests steady value appreciation. This home would suit buyers looking for a solid, no-surprises house in a mature neighbourhood—perfect for a small family, a professional couple, or a downsizer seeking single-level living potential with a finished basement for guests or hobbies. It offers the appeal of a home that has been cared for, in a setting where it is objectively a standout property.


Frequently Asked Questions

1. How does the lot size impact the property?
While the lot is slightly smaller than others on Listowel Bay, it is very typical for the Jameswood area overall. This often translates to less yard maintenance while still providing decent outdoor space. The ranking highlights it as an average lot for the neighbourhood, not a major drawback.

2. What does the "elite" ranking in Jameswood actually mean?
For key features like living area and assessed value, this home ranks in the top 5% of the 431 comparable properties in Jameswood. This indicates it is among the larger, more valuable homes in the neighbourhood, suggesting above-average finishes, updates, or desirability for the area.

3. Is the assessed value a reliable indicator of the market price?
The assessed value ($37.20k) is for taxation purposes. The recent sold price ranges (from $43.50k-$47.50k in 2022 and 2024) are the true market indicators and show the home selling for significantly above its assessed value, reflecting strong market demand.

4. What are the implications of the home’s age?
Built in 1957, the home is typical for the street and area. This age often means character and established landscaping, but it also underscores the importance of the renovated basement and overall maintenance. The "above average" ranking for year built on its street suggests it is among the newer homes in that specific group.

5. Who would benefit most from the detached garage?
A detached garage is ideal for those who want a clear separation between household storage/workshop space and living areas. It’s also a plus for tenants or family members using the basement, as it can provide separate access and storage without entering the main house.

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