Property score
56.7
Fair
Overall 56.7 · Smaller than most nearby homes
800 sqft (bottom 16%) · Built in 1967 (1 yr newer than avg)
Located in a high-income area with median household income of ~93k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 88%French · 2%
Past 10 years Kildare-Redonda sales snapshot (~80% of all data)
722
355.5k
$372/sqft
1966
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56.7 is composed by the two sections below.
Property Score
Community Score
Kildare-Redonda
How to read: Share of sales in each ~$50k price band for “kildare-redonda” (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: #46110852
$93K
Median household income
$104K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
18%
Single-person households
27%
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
55 Minikada Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 379 m).
Kildare-Redonda · WPS public data · 2026
Annual incidents
10
2026
vs. city avg
-66%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
40%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 45% | Bottom 48% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 55 Minikada Bay presents a specific and compelling value proposition. Its key appeal lies in the significant contrast between its modest, 800 sqft living space and its generous 7,162 sqft lot, which ranks among the largest in both the immediate area and the wider Kildare-Redonda neighbourhood. The home itself, built in 1967, is one of the newer houses on its street. It features a renovated basement and a detached garage.
The property would suit a practical buyer who prioritizes land over square footage. It's ideal for someone with a vision for expansion, looking to build a larger home or add significant additions in the future, or for those who simply desire ample outdoor space for gardens, recreation, or privacy in a city setting. It also represents a potential entry point into the area for a budget-conscious buyer or investor, given its below-average assessed value relative to the city. The renovated basement adds functional living space, appealing to those needing a separate suite, hobby room, or extra storage.
Frequently Asked Questions
1. Is the house in good condition, given its age?
While the home was built in 1967, it is actually one of the newer houses on Minikada Bay. The listing confirms a renovated basement, which suggests some updates have been made. A professional inspection would be needed to confirm the condition of major systems and the main floor.
2. Why is the assessed value relatively low?
The assessed value is below average for the street, neighbourhood, and city. This typically reflects the home's smaller living area (800 sqft) relative to its lot size and comparable properties. It indicates the current valuation is based more on the existing structure than the land's potential.
3. What are the possibilities for the large lot?
The exceptionally large lot is the property's standout feature. It offers rare potential for expansion, such as building a sizable addition, creating a detached workshop or studio, or simply enjoying extensive private outdoor space. Buyers should verify zoning bylaws with the city for any development plans.
4. How does the sold price history help determine value?
The home sold previously in August 2021 for an estimated range. This provides a recent market benchmark. For the exact historical sold price, you can request it directly from the listing service via the provided email option.
5. What is the neighbourhood like?
The home is in the Kildare-Redonda area of Winnipeg. The listing shows several nearby properties on the same bay, suggesting a established, residential setting. Further research into local amenities, schools, and traffic would be recommended.
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