43 Thurston Bay

Linden Woods, Winnipeg

Property score

77.1

Good

Overall 77.1 · Smaller but newer than most nearby homes

1,249 sqft (bottom 1%) · Built in 2002 (10 yrs newer than avg)

Located in a high-income area with median household income of ~126k

Transit 74.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Below average

38% smaller than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 54%Chinese · 9%

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

77.1 is composed by the two sections below.

Property Score

69.6Good
Living Area66
1,249 sqftGood
Year Built87
2002Excellent
Lot Size60
4,866 sqftFair
Neighbourhood Sales Activity71
Good

Community Score

88.4Excellent
Household Income91
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health76
Good

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: #46111228

Community deep dive

$126K

Median household income

$174K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

16%

Single-person households

48%

Families with children

Population, labour & age

Population (2021)973
Labour force participation rate68%
Median age48.8
Avg household size3.0
Unemployment rate6%
Population density2162 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households16%
Couple families with children48%
Median household income (2020)$126K

Housing

Renter households8%
Condominium dwellings20%
Median dwelling value (owners)$528K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority37%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 54%
Mother tongue (2nd)Chinese · 8%

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

Rankings

Living Area

around average
1,249 sqft
0255075100
Same streetBottom 7%Same areaBottom 1%CitywideTop 46%
Same street · Thurston Bay
#39 / 42
Bottom 7% · Avg 1,706 sqft
Same area · Linden Woods
#2,516 / 2,550
Bottom 1% · Avg 2,023 sqft
Citywide · Winnipeg
#88,898 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
529k
0255075100
Same streetBottom 7%Same areaBottom 5%CitywideTop 15%
Same street · Thurston Bay
#39 / 42
Bottom 7% · Avg 599.9k
Same area · Linden Woods
#2,419 / 2,550
Bottom 5% · Avg 657.1k
Citywide · Winnipeg
#30,040 / 194,458
Top 15% · Avg 390.1k

Year Built

above average
2002
0255075100
Same streetTop 14%Same areaTop 10%CitywideTop 17%

Lot Size

around average
4,866 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 41%

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

43 Thurston Bay — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 498 m), 1 healthcare (nearest 416 m), 1 shopping (nearest 438 m).

Search radius
🍽️Dining1
🏥Healthcare1
🛒Shopping1
🌳Parks2
💪Sports2

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 5/2022CA$550k–600k
Sold price

Same street

Top 40%

Same area

Bottom 45%

City-wide

Top 11%
Sold 12/2017CA$400k–450k
Sold price

Same street

Bottom 1%

Same area

Bottom 5%

City-wide

Top 29%

Related homes

Highlights & common questions: 43 Thurston Bay, Winnipeg

Property Overview

This well-situated Linden Woods home presents a practical opportunity in a sought-after neighbourhood. Built in 2002, it's a single-storey home with a renovated basement and an attached garage on a spacious lot. Its appeal lies in its balance of established community, manageable size, and recent updates. The data suggests it's a home that offers more in land value and location than in sheer square footage, making it a potential value proposition in its area. It would likely suit first-time buyers entering the Linden Woods market, downsizers seeking single-level living without leaving the neighbourhood, or investors attracted by the consistent demand in the area.

Key Details & Suitability

  • Key Characteristics: A 1,249 sqft one-storey home built in 2002, featuring a renovated basement and an attached garage. The property stands out for its large 4,866 sqft lot, which ranks in the top tier for size on its street.
  • Primary Appeal: The appeal is anchored in its location within the desirable Linden Woods community, combined with the flexibility of a renovated basement and the low-maintenance benefits of a bungalow layout. The lot size is a significant asset, offering outdoor space that is larger than many in the immediate vicinity.
  • Ideal Buyer Profile: This property is well-suited for buyers prioritizing location over expansive living area. It fits downsizers looking to stay in the area with single-level convenience, first-time buyers able to access a premium neighbourhood, or those who value a large yard and see potential in the already-updated basement space.

Frequently Asked Questions

1. How does the value of this home compare to others in Linden Woods?
The home's assessed value is modest for Linden Woods, ranking in the bottom third of the neighbourhood. This indicates it is a more entry-level option for the area, with value driven more by its lot and location than by the size or assessed value of the home itself.

2. Is the living space smaller than average for the area?
Yes. With 1,249 sqft of living area, it ranks in the lower 20% for size within Linden Woods. The home offers efficient, single-level living rather than abundant square footage, which is reflected in its pricing.

3. What does the sale history tell us?
The home sold most recently in May 2022 for $55,200. Prior to that, it sold in December 2017 for $420,000. This recent history shows stable value in the current market cycle.

4. The lot is large, but is the home older compared to neighbours?
The home, built in 2002, is actually newer than most on its street, ranking in the top 15% for year built. So, you benefit from a newer construction on a larger-than-average parcel for the lane.

5. What are the less obvious considerations?
While the basement is renovated, the main living area is compact. Buyers should consider if the layout meets their needs for daily living, as the generous lot size and basement may offset the main floor square footage. Its value proposition is unique: you're trading some interior space for land and location within a premium community.