18 Parkroyal Bay

Linden Woods, Winnipeg

Property score

91.5

Excellent

Overall 91.5 · Larger but older than most nearby homes

2,926 sqft (top 4%) · Built in 1984 (8 yrs older than avg)

Located in a high-income area with median household income of ~148k

Transit 64.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

45% larger than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 77%Chinese · 4%

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

Sold Count

797

Median price

662.5k

$/sqft

$341/sqft

Avg build year

1992

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Property score

91.5 is composed by the two sections below.

Property Score

91.5Excellent
Living Area2,926 sqft98Excellent
Year Built198473Good
Lot Size11,775 sqft97Excellent
Neighbourhood Sales Activity71Good

Community Score

91.6Excellent
Household Income93Excellent
Education Level100Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Linden Woods

How to read: Share of sales in each ~$50k price band for “linden woods” (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: #46111028

Community deep dive

$148K

Median household income

$226K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.9

P90 / P10 ratio

12%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)579
Labour force participation rate64%
Median age46.8
Avg household size2.8
Unemployment rate6%
Population density2631 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households12%
Couple families with children41%
Median household income (2020)$148K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority22%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 76%
Mother tongue (2nd)Chinese · 4%

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

Rankings

Living Area

Elite
2,926 sqft
0255075100
Same streetTop 4%Same areaTop 4%CitywideTop 1%
Same street · Parkroyal Bay
#1 / 25
Top 4% · Avg 2,270 sqft
Same area · Linden Woods
#101 / 2,550
Top 4% · Avg 2,023 sqft
Citywide · Winnipeg
#2,265 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.21M
0255075100
Same streetTop 4%Same areaTop 2%CitywideTop 1%
Same street · Parkroyal Bay
#1 / 25
Top 4% · Avg 701.8k
Same area · Linden Woods
#55 / 2,550
Top 2% · Avg 657.1k
Citywide · Winnipeg
#1,060 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
1984
0255075100
Same streetTop 32%Same areaBottom 10%CitywideTop 30%

Lot Size

Elite
11,775 sqft
0255075100
Same streetTop 4%Same areaTop 5%CitywideTop 4%

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

18 Parkroyal Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 375 m).

Search radius
🌳Parks2

Crime & Safety

Linden Woods · WPS public data · 2026

Annual incidents

16

2026

vs. city avg

-46%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

81%

Sales History

Sold 7/2022CA$1.35M–1.4M
Sold price

Same street

Top 8%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 18 Parkroyal Bay, Winnipeg

Property Overview: 18 Parkroyal Bay, Linden Woods

Key Characteristics & Appeal

This home is a standout property in Winnipeg’s desirable Linden Woods neighbourhood, distinguished by its impressive scale and premium positioning. Its key appeal lies in offering top-tier space and land size within a sought-after, established area. With nearly 3,000 square feet of living space on an expansive 11,775 sqft lot, the home ranks in the top 4% locally for both metrics, providing rare room for privacy, expansion, or landscaping. The assessed value of $1.21M firmly places it among the area's elite properties.

Its suitability extends beyond just size. Built in 1984, the home is part of a mature streetscape, appealing to buyers who value established communities with mature trees over newer subdivisions. It would best suit discerning buyers—likely growing or multi-generational families—prioritizing space, prestige, and a long-term investment in a prime location. A thoughtful perspective is its potential as a "value-hold" in a high-tier bracket; while modern finishes may be needed, the underlying asset—the lot size and location—is irreplaceable in the neighbourhood. It’s a property for those who see the foundation as the primary asset.

Frequently Asked Questions

1. How does this home truly compare to others in Linden Woods?
The data shows it is exceptional for its combination of large living area and very large lot, both ranking in the top 5% within the neighbourhood. It sits among the largest and most valuable homes on its own street and in the wider area.

2. The home was built in 1984. Should I be concerned about major updates?
The year built is around the neighbourhood average for Parkroyal Bay. While systems like roof, windows, and mechanicals may be due for updates or replacement, this is typical for homes of this vintage and is often reflected in the pricing, presenting an opportunity to customize.

3. What does the sold price range from 2022 indicate?
The home sold for an estimated $1.35M–$1.4M in 2022. This suggests a strong market valuation at that time. Comparing this to the current $1.21M assessed value is a starting point, but market conditions and any changes to the property since then must be considered for today’s value.

4. Is the high assessed value a benefit or a drawback?
It’s a double-edged sword. It confirms the property’s premium status and likely translates to stronger equity and resale value. However, it also typically results in a higher annual property tax bill compared to an average-priced home.

5. How can I verify the exact historical sale prices?
The exact sold prices are not publicly displayed online. The listing service offers to provide this information manually via email, with a commitment to respond by the end of the same day without using your contact for unsolicited marketing.

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