55 Thurston Bay

Linden Woods, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Smaller but newer than most nearby homes

1,685 sqft (bottom 22%) · Built in 2002 (10 yrs newer than avg)

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

Transit 74.0 · 3-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

17% 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

83.2 is composed by the two sections below.

Property Score

79.8Good
Living Area83
1,685 sqftExcellent
Year Built87
2002Excellent
Lot Size60
4,957 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

above average
1,685 sqft
0255075100
Same streetBottom 38%Same areaBottom 22%CitywideTop 22%
Same street · Thurston Bay
#26 / 42
Bottom 38% · Avg 1,706 sqft
Same area · Linden Woods
#1,982 / 2,550
Bottom 22% · Avg 2,023 sqft
Citywide · Winnipeg
#41,873 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
619k
0255075100
Same streetTop 43%Same areaTop 49%CitywideTop 7%
Same street · Thurston Bay
#18 / 42
Top 43% · Avg 599.9k
Same area · Linden Woods
#1,242 / 2,550
Top 49% · Avg 657.1k
Citywide · Winnipeg
#13,089 / 194,458
Top 7% · Avg 390.1k

Year Built

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

Lot Size

around average
4,957 sqft
0255075100
Same streetBottom 26%Same areaBottom 1%CitywideBottom 43%

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

55 Thurston Bay — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 497 m), 1 healthcare (nearest 387 m), 1 shopping (nearest 408 m).

Search radius
🍽️Dining1
🏥Healthcare1
🛒Shopping1
🌳Parks2
💪Sports3
🏦Finance1

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 3/2021CA$550k–600k
Sold price

Same street

Top 35%

Same area

Bottom 46%

City-wide

Top 10%

Related homes

Highlights & common questions: 55 Thurston Bay, Winnipeg

Property Overview: 55 Thurston Bay, Linden Woods

Section 1: Key Characteristics & Appeal

This well-situated home in Linden Woods is a study in balanced, above-average fundamentals. Built in 2002, it is newer than most homes both locally and across Winnipeg, offering modern construction without being a recent build. With 1,685 sqft of living space, it provides ample room while maintaining a manageable scale. Its standout characteristic is its value positioning: the assessed value places it in the top 7% city-wide, suggesting a strong assessment relative to the broader market, yet it remains around average for its desirable Linden Woods neighbourhood and street. The lot size is smaller than most in Linden Woods, which translates to less yard maintenance—a practical perk for some.

The appeal lies in securing a home in a prime neighbourhood that performs well on key metrics without the premium of a maximized lot or the largest floor plan. It suits buyers looking for a move-in-ready home in an established area who prioritize a newer build year and efficient layout over expansive land. It would particularly resonate with professionals or small families seeking the Linden Woods lifestyle with a practical footprint, and for those who see the above-average city-wide assessment as a marker of solid underlying value.

Section 2: Frequently Asked Questions

1. How does the lot size compare to the neighbourhood norm?
The land area of 4,957 sqft is below the Linden Woods average. This means a more manageable yard for maintenance, but less private outdoor space than some larger lots in the area.

2. The home sold between $550k-$600k in 2021. What does the current assessed value indicate?
The current assessed value of $61.90k (a municipal assessment, not a market price) places this property in the top 7% city-wide for assessment ratio. This can indicate strong municipal valuation fundamentals compared to most Winnipeg homes.

3. Is the living space typical for Linden Woods?
At 1,685 sqft, the living area is slightly below the neighbourhood average. It is, however, above the city-wide average, offering a comfortable size that may appeal to those seeking efficiency without sacrificing key amenities.

4. What is the significance of the 2002 build year?
Built in 2002, the home is newer than approximately 90% of homes in Linden Woods and 83% of homes city-wide. This suggests modern building standards and likely fewer immediate major repairs compared to older stock, while still being part of an established community.

5. Where can I see more detailed context about nearby properties?
A neighbourhood analysis map is available for this listing, allowing you to visually compare this property with nearby homes on metrics like year built, living area, and lot size.