Property score
89.7
Excellent
Overall 89.7 · Larger but older than most nearby homes
2,181 sqft (top 30%) · Built in 1984 (8 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
8% 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)
797
662.5k
$341/sqft
1992
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89.7 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
51 Parkroyal Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 344 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 15% | Bottom 35% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 51 Parkroyal Bay, Linden Woods
Key Characteristics & Appeal
This home at 51 Parkroyal Bay is a well-established property in the desirable Linden Woods neighbourhood. Built in 1984, it sits on a generous 8,294 sqft lot, which is notably larger than most homes in Winnipeg. With 2,181 sqft of living space, the house offers ample room and is positioned solidly above the city-wide average for size.
The primary appeal lies in its land value and location. The lot size ranks in the top 10% city-wide, offering significant outdoor space and potential in a mature, sought-after area. While the home itself is of a vintage common to its immediate street, its assessed value places it in an elite tier compared to all Winnipeg properties, suggesting a strong underlying value proposition for the neighbourhood. This combination points to a property where the land itself is a major asset.
This home would suit a buyer looking for a established neighbourhood with room to breathe. It’s ideal for someone who values a large yard over a brand-new build, and who may see potential in the existing structure—whether that means moving in as-is, or planning thoughtful updates over time. It’s a practical choice for those seeking space and location, with an understanding that a 1980s home may come with typical maintenance considerations.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home sold for between $500k-$550k in 2019. Its current assessed value is $65.10k. It’s important to understand that in Manitoba, assessed value is not market value; it is a figure used for calculating property taxes and is typically a fraction of what a home would sell for on the open market.
2. Is the house outdated given its age?
Built in 1984, the home is of an age where major systems (like roof, windows, furnace) may be nearing or due for replacement. This isn’t necessarily a drawback, but it’s a key consideration for budgeting. The vintage also means layouts and finishes will reflect the era, which some buyers may see as an opportunity to customize.
3. What does the "elite" city-wide assessed value ranking mean?
Ranking in the top 5% of the city for assessed value indicates that, for tax purposes, this property is considered among the most valuable in Winnipeg. This primarily reflects the premium value placed on its large lot in a prime neighbourhood, not necessarily that the house itself is luxurious.
4. How does the lot size benefit a buyer?
The lot is significantly larger than average, offering more privacy, space for gardens, play areas, or additions like a deck or shed. In a mature neighbourhood like Linden Woods, large lots are a finite resource and add long-term value.
5. Where can I see precise historical sale data?
The exact sold price history is not published publicly. The listing service offers to provide the accurate sold price directly via email upon request, as the figures shown are estimated ranges based on public data.
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