38 Parkroyal Bay

Linden Woods, Winnipeg

Property score

90.8

Excellent

Overall 90.8 · Larger but older than most nearby homes

2,468 sqft (top 13%) · Built in 1983 (9 yrs older than avg)

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

Transit 64.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

22% larger than neighborhood avg.

Year Built

Below average

9 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

90.8 is composed by the two sections below.

Property Score

90.3Excellent
Living Area2,468 sqft96Excellent
Year Built198373Good
Lot Size10,342 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
2,468 sqft
0255075100
Same streetTop 28%Same areaTop 13%CitywideTop 3%
Same street · Parkroyal Bay
#7 / 25
Top 28% · Avg 2,270 sqft
Same area · Linden Woods
#324 / 2,550
Top 13% · Avg 2,023 sqft
Citywide · Winnipeg
#6,139 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
810k
0255075100
Same streetTop 12%Same areaTop 7%CitywideTop 2%
Same street · Parkroyal Bay
#3 / 25
Top 12% · Avg 701.8k
Same area · Linden Woods
#185 / 2,550
Top 7% · Avg 657.1k
Citywide · Winnipeg
#4,203 / 194,458
Top 2% · Avg 390.1k

Year Built

around average
1983
0255075100
Same streetBottom 36%Same areaBottom 3%CitywideTop 31%

Lot Size

above average
10,342 sqft
0255075100
Same streetTop 12%Same areaTop 7%CitywideTop 6%

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

38 Parkroyal Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 384 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 6/2016CA$650k–700k
Sold price

Same street

Top 38%

Same area

Top 25%

City-wide

Top 4%

Related homes

Highlights & common questions: 38 Parkroyal Bay, Winnipeg

Property Overview

This home at 38 Parkroyal Bay in Linden Woods presents a compelling opportunity defined by its generous space and prime lot. Its appeal lies in offering above-average scale and privacy within a sought-after neighbourhood. The 2,468 sqft living area sits comfortably above the local average, providing ample room for family life. More notably, the property stands out for its substantial 10,342 sqft lot, which is significantly larger than most in the area, offering rare potential for outdoor enjoyment, gardening, or future expansion. With an assessed value of $810,000, it positions itself in the upper tier of the local market.

The home, built in 1983, would particularly suit buyers who prioritize lot size and interior space over a brand-new build. It’s ideal for a family seeking a long-term home where the land itself is a major asset, or for someone with a vision to update the interior to their taste while securing a premium location. A thoughtful perspective is that while the house is older than many in Linden Woods, this can represent a value opportunity; the investment goes more into the land and structure, allowing for personalized renovations over time.


Frequently Asked Questions

How does the lot size compare to a typical city property?
The lot is over 10,300 sqft, placing it in the top 6% city-wide. It is substantially larger than the Winnipeg average of about 6,570 sqft, offering exceptional outdoor space.

Is the home’s assessed value in line with the neighbourhood?
Yes. With an assessed value of $810,000, it ranks in the top 7% for Linden Woods, indicating it is valued among the higher-end properties in the area.

The house was built in 1983. Is that a concern for the neighbourhood?
While Linden Woods has many newer homes, this property’s year built is around the average for its specific street. The older vintage is balanced by the above-average living space and the elite, rare lot size.

What does the sold price history indicate?
Public records show it last sold between $650,000 and $700,000 in 2016. The current assessed value suggests significant appreciation since then, consistent with market trends in desirable neighbourhoods.

How can I get the exact historical sold prices?
The exact sold prices are not published publicly. You can request the precise figures via email from the listing service, which provides them manually without obligation.

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