75.1
Good
Property score
75.1
Good
Overall 75.1
Newer than most nearby homes
1,252 sqft (bottom 45%)
Built in 1990 (1 yr newer than avg)
Located in a high-income area
with median household income of ~121k
Transit 82.0
2-min walk to transit with 2 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
7% smaller than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
Punjabi · 33%English · 33%
Past 10 years Mandalay West sales snapshot (~80% of all data)
472
454k
$385/sqft
1989
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75.1 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: #46111118
$121K
Median household income
$133K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
5%
Single-person households
50%
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
4 Prelest Place — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 130 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 4 Prelest Place.
Garbage
wednesday
Recycling
wednesday
Yard Waste
wednesday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 29% | Top 10% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 4 Prelest Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 4 Prelest Place in Mandalay West is a practical and well-situated property built in 1990. With 1,252 sqft of living space on a 5,654 sqft lot, it offers comfortable, single-family living. Its appeal lies in its solid positioning within the broader market. While the home's living area is modest compared to its immediate street, it is squarely average when compared to the wider Mandalay West neighbourhood and the city of Winnipeg. This suggests a property that offers the essentials without a premium price for excessive size.
The home would suit first-time buyers or downsizers looking for an established, no-fuss property in a mature neighbourhood. Its assessed value is consistent with similar homes locally, indicating stable municipal valuation. A thoughtful perspective for buyers is the home’s age: built in 1990, it is newer than the average Winnipeg home, which may mean fewer concerns with outdated building materials or major systems nearing end-of-life, compared to much older stock in the city. The last known sale was in the 2022-2025 period for between $450,000 and $500,000, providing a recent benchmark for market value.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,252 sqft, the living area is below average for Prelest Place itself but is very typical for both the Mandalay West neighbourhood and the city of Winnipeg overall, representing a standard, manageable footprint.
2. What does the assessed value tell me?
The assessed value of $45,400 is around average for the street and neighbourhood, but ranks above average citywide. This indicates the property is valued in line with its immediate area, but may be in a desirable zone compared to the entire Winnipeg market.
3. Is the lot a good size?
The lot of 5,654 sqft is standard, ranking around the middle of the pack for the street, neighbourhood, and city. It provides typical suburban outdoor space without being exceptionally large or small.
4. How can I find out the exact past sale price?
The listed sale price is a public data range. The exact sale price is available by request via email from the listing service, which they provide manually without using your email for marketing.
5. How does the year built affect this property?
Built in 1990, the home is newer than over 75% of homes in Winnipeg. Within its own neighbourhood, it is also above average in age, meaning it’s among the newer homes in an established area, potentially offering a balance of modern infrastructure and mature landscaping.
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