Property score
76.8
Good
Overall 76.8 · Smaller and older than most nearby homes
1,199 sqft (bottom 1%) · 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
Below average
41% smaller 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)
797
662.5k
$341/sqft
1992
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76.8 is composed by the two sections below.
Property Score
Community Score
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.
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: #46111028
$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
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
46 Parkroyal Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 339 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Bottom 42% | Top 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 46 Parkroyal Bay in Winnipeg's Linden Woods neighbourhood presents a distinct profile. Its key appeal lies in its position as a more modestly scaled property within an established, desirable area. At 1,199 sqft, the living space is notably smaller than most homes on its street and in Linden Woods overall, but it compares more closely to the average Winnipeg home. The lot size of 6,916 sqft is generous by city-wide standards, offering outdoor potential. Built in 1983, it is a mature property in a mature neighbourhood. The assessed value is significantly lower than the city average, suggesting a different value proposition than a typical family-sized home in the area.
This property would likely suit a specific buyer: perhaps a downsizer seeking to remain in Linden Woods with less maintenance, a first-time buyer aiming to enter this neighbourhood at a more accessible point, or an investor looking for a rental in a high-demand area. Its appeal is less about grandeur and more about location and land. A thoughtful perspective is that this home offers the Linden Woods lifestyle—access to parks, schools, and amenities—without the premium typically attached to its larger, newer neighbours, representing a practical entry into the community.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Assessed value for tax purposes is based on a mass appraisal system and reflects characteristics like the home's smaller size and age relative to other properties. It is not a direct market valuation but indicates a likely lower property tax burden.
2. How does the smaller living area compare practically?
At 1,199 sqft, the home is functionally smaller than most in immediate area (which average over 2,000 sqft). It may have fewer bedrooms or more compact living spaces, appealing to those seeking efficiency over square footage.
3. What are the advantages of a larger lot with a smaller home?
The 6,916 sqft lot is a standout feature, offering ample yard space for gardening, recreation, or future expansion (subject to zoning). This balance provides privacy and outdoor room uncommon in many city properties of similar living area.
4. The home sold between $500k-$550k in 2021. What does that suggest?
This past sale price, which was high compared to the city-wide average at the time, underscores the value of the Linden Woods location. It indicates that buyers are willing to pay a significant premium for land and neighbourhood here, even for a more compact home.
5. What should I consider about the home's age (built 1983)?
As a home from the early 1980s, major components like the roof, windows, furnace, and plumbing may be near or past their typical lifespan. A thorough inspection is crucial to understand the condition and potential upcoming capital costs, which can be an opportunity to customize updates.
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