84.7
Excellent
Property score
84.7
Excellent
Overall 84.7
Smaller and older than most nearby homes
1,602 sqft (bottom 15%)
Built in 1983 (9 yrs older than avg)
Located in a high-income area
with median household income of ~148k
Transit 80.0
2-min walk to transit with 3 nearby routes
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% 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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84.7 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
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 | Top 18% | Top 33% | Top 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 54 Thorncliff Bay, Linden Woods
Key Characteristics & Appeal
This home presents a compelling value proposition within the desirable Linden Woods neighbourhood. Built in 1983, it sits on a slightly above-average city lot of just over 6,400 sqft, offering good outdoor space. With 1,602 sqft of living area, it is a moderately sized home that ranks above average for space compared to the wider Winnipeg market, though it is on the smaller side for its immediate street and neighbourhood. This size dynamic is a key characteristic: it provides ample room for a small family or couple while potentially offering lower utility and maintenance costs than the area's larger estates.
The primary appeal lies in its location and value. The sold price range from 2024 ($600k-$650k) is notably higher than its current assessed value, suggesting a strong market perception and potential for equity. It suits practical buyers seeking entry into a top-tier neighbourhood without the premium for a maximized footprint. It would be ideal for first-time move-up buyers in Linden Woods, downsizers who want to stay in the area but in a more manageable home, or value-focused investors attracted by the stable rental demand in the community. A less obvious perspective is that a home of this vintage in a mature neighbourhood often comes with established landscaping and settled foundations, potentially reducing surprise expenses compared to newer builds.
Frequently Asked Questions
1. Why is the sold price so much higher than the assessed value?
Assessed value for property tax purposes often lags behind current market conditions, especially in active neighbourhoods. The recent sale price is a clearer indicator of the home's market value.
2. How does the size compare to other homes nearby?
This home is more compact than many on its street and in Linden Woods overall. This can be an advantage for lower maintenance, but buyers seeking abundant square footage for a large family may find it limiting.
3. What does the "above average citywide" ranking mean for lot size and living area?
While the lot and living space are modest for Linden Woods, they are both larger than the typical Winnipeg home. This highlights the neighbourhood's general affluence and the property's inherent space relative to most of the city.
4. Are there any concerns with a home built in the 1980s?
Homes from this era are generally well-built, but key systems like the roof, windows, furnace, and plumbing may be nearing or due for updates. A thorough inspection is advised to budget for any modernizations.
5. How can I find out the exact sold price?
The exact sale price is not publicly posted online. You can request it directly via the provided email form on the listing page; the service commits to providing the accurate figure without using your email for marketing.
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