78.0
Good
Property score
78.0
Good
Overall 78.0
Newer than most nearby homes
1,495 sqft (top 35%)
Built in 2008 (19 yrs newer than avg)
Located in a high-income area
with median household income of ~117k
Transit 92.0
4-min walk to transit with 8 nearby routes
Within 500m: 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
11% larger than neighborhood avg.
Year Built
Above average
19 yrs newer than neighborhood avg.
Mother tongue
English · 39%Punjabi · 26%
Past 10 years Mandalay West sales snapshot (~80% of all data)
472
454k
$385/sqft
1989
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78.0 is composed by the two sections below.
Property Score
Community Score
Mandalay West
How to read: Share of sales in each ~$50k price band for “mandalay west” (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: #46110193
$117K
Median household income
$130K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
9%
Single-person households
38%
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
122 Khalsa Street — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 118 m).
Mandalay West · WPS public data · 2026
Annual incidents
7
2026
vs. city avg
-76%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
43%
Local garbage, recycling, and yard waste pickup schedule for 122 Khalsa Street.
Garbage
wednesday
Recycling
wednesday
Yard Waste
wednesday b
122 Khalsa Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 122 Khalsa Street, Mandalay West, Winnipeg
Key Characteristics & Appeal
This 1,495 sqft home, built in 2008, presents a compelling blend of modern convenience and established neighbourhood living. Its primary appeal lies in its relative newness compared to the broader market; it ranks in the top 3% for year built within Mandalay West, indicating it is one of the area's newest properties. This suggests updated building standards, materials, and potentially lower immediate maintenance needs than older stock.
The assessed value of $490,000 sits above average for both the wider city and the Mandalay West area, but is around average for Khalsa Street itself. This positioning indicates you are purchasing in a well-regarded pocket where property values are consistently strong. The living space is practical and aligns with city-wide averages, suitable for a small family or those seeking comfortable space without excessive upkeep.
A thoughtful perspective: while the lot size is the smallest on Khalsa Street, this could appeal to buyers seeking a manageable yard with less landscaping responsibility, while still benefiting from the prestige and stability of the street. The property suits buyers looking for a move-in-ready home from the 2000s era, who value a modern structure within a mature neighbourhood, and who prioritize a strong value position in the broader community over having the largest lot on the block.
Frequently Asked Questions
1. How does the property’s value compare to its neighbours?
The home’s assessed value is above average for both Mandalay West and Winnipeg overall, but ranks around the middle (70th percentile) on its own street. This suggests Khalsa Street is a desirable enclave with higher-than-average values, and this property is priced in line with that local market.
2. Is the house relatively new?
Yes. Built in 2008, it is significantly newer than the average Winnipeg home. Within the Mandalay West area, it ranks in the elite top 3% by year built, making it one of the neighbourhood's newest properties.
3. What should I know about the lot size?
The lot is 5,022 sqft, which is below average for Khalsa Street and the Mandalay West area. This means a more manageable yard but less private space than some direct neighbours. City-wide, however, the lot size is around average.
4. Is there recent sales history available for this home?
The public listing does not show sales history. Exact sale figures can be requested manually from the data provider via the "Request exact figures by email" link on the detail page.
5. How does the living space compare to other homes?
At 1,495 sqft, the living area is slightly above the city-wide average. It is very close to the average for the Mandalay West area, but somewhat smaller than the average home specifically on Khalsa Street.
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