42 Baker Bay

Mandalay West, Winnipeg

Property score

68.9

Good

Overall 68.9 · Older than most nearby homes

1,382 sqft (top 44%) · Built in 1979 (10 yrs older than avg)

Located in a high-income area with median household income of ~93k

Transit 82.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 4 parks nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 43%Punjabi · 19%

Past 10 years Mandalay West sales snapshot (~80% of all data)

Sold Count

472

Median price

454k

$/sqft

$385/sqft

Avg build year

1989

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Property score

68.9 is composed by the two sections below.

Property Score

68.5Good
Living Area1,382 sqft71Good
Year Built197967Good
Lot Size5,999 sqft74Good
Neighbourhood Sales Activity28Low

Community Score

69.6Good
Household Income82Excellent
Education Level63Fair
Housing Stress50Fair
Core Housing Need50Fair
Employment Health60Fair

Neighbourhood Sales

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.

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: #46110192

Community deep dive

$93K

Median household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

16%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)262
Labour force participation rate61%
Median age44.0
Avg household size2.9
Unemployment rate7%
Population density3742 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households16%
Couple families with children33%
Median household income (2020)$93K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority40%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 43%
Mother tongue (2nd)Punjabi · 18%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,382 sqft
0255075100
Same streetBottom 44%Same areaTop 44%CitywideTop 37%
Same street · Baker Bay
#19 / 34
Bottom 44% · Avg 1,464 sqft
Same area · Mandalay West
#699 / 1,596
Top 44% · Avg 1,346 sqft
Citywide · Winnipeg
#71,095 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
412k
0255075100
Same streetBottom 32%Same areaTop 50%CitywideTop 35%
Same street · Baker Bay
#23 / 34
Bottom 32% · Avg 425.3k
Same area · Mandalay West
#792 / 1,596
Top 50% · Avg 418.4k
Citywide · Winnipeg
#69,027 / 194,458
Top 35% · Avg 390.1k

Year Built

around average
1979
0255075100
Same streetBottom 26%Same areaBottom 10%CitywideTop 34%

Lot Size

around average
5,999 sqft
0255075100
Same streetBottom 29%Same areaTop 34%CitywideTop 32%

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

42 Baker Bay — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 203 m).

Search radius
🌳Parks4

Crime & Safety

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%

Sales History

Sold 7/2017CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 39%

City-wide

Bottom 46%

Related homes

Highlights & common questions: 42 Baker Bay, Winnipeg

Property Overview & Appeal

This home at 42 Baker Bay in Winnipeg's Mandalay West neighbourhood presents a solid, middle-of-the-road opportunity. Built in 1979, its key characteristics—a 1,382 sqft living area and a 5,999 sqft lot—consistently rank around the average for its immediate street, the broader neighbourhood, and the city. Its assessed value follows a similar pattern, positioned comfortably within the mainstream market rather than at an extreme high or low.

The appeal lies in its stability and predictability. It’s a property that doesn’t stand out for being exceptionally large, new, or expensive, which can be an advantage for buyers seeking a manageable home without the premium or the major project often associated with top-tier or bottom-tier listings. It would suit pragmatic first-time buyers or downsizers looking for a established home in a mature neighbourhood, where the value is based more on livability than on speculative potential. A thoughtful perspective is that a home ranking steadily "average" across multiple metrics may indicate a balanced, no-surprises purchase in a stable community, which can be a wise strategy for long-term living over chasing trends.


Frequently Asked Questions

1. Is this a good value for the money?
Based on the data, this home's assessed value is consistently around the average for its area. This suggests the asking price is likely to be market-standard, not overinflated or a steep discount, making it a fair value within the current context.

2. What does the "average" ranking across the board really mean for me?
It typically means the home is a typical representation of the neighbourhood. You're unlikely to encounter unexpected extremes—like a vastly larger lot or a much newer roof than the neighbours—which can simplify your decision-making and future resale.

3. The home was built in 1979. Should I be concerned about major updates?
While the build year is older than many on its street and in Mandalay West, it's around the citywide average. This underscores the importance of a thorough inspection. Budgeting for potential updates to major 45-year-old systems (like plumbing, electrical, or the roof) would be a prudent step.

4. How does the last sold price (2017, CA$300k–350k) relate to today's value?
The exact sold price from 2017 is available upon request. That historical price provides a baseline, but the current assessed value and market conditions are more relevant for determining today's value. The data shows the assessment has moved in line with area averages since then.

5. The lot size is below average for Baker Bay but average for the city. How important is that?
This highlights the character of the street, which may have larger lots. If a very spacious yard is a priority, this lot might feel modest. However, its size is standard for Winnipeg overall, so it may still meet your needs if you prefer less yard maintenance.

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