45 Nihal Bay

Mandalay West, Winnipeg

88.9

Excellent

Overall 88.9

Larger and newer than most nearby homes

3,275 sqft (top 1%)

Built in 2019 (9 yrs newer than avg)

Located in a high-income area

with median household income of ~115k

Transit 80.0

2-min walk to transit with 3 nearby routes

Within 500m: 4 parks nearby

Living Area

Above average

176% larger than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 43%Punjabi · 21%

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

Sold Count

52

Median price

223.5k

$/sqft

$217/sqft

Avg build year

2010

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Property score

88.9 is composed by the two sections below.

Property Score

95.5Excellent
Living Area3,275 sqft100Excellent
Year Built201997Excellent
Neighbourhood Sales Activity28Low

Community Score

78.9Good
Household Income90Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Mandalay West

How to read: Share of sales in each ~$50k price band for “mandalay west” (Condos, 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: #46110189

Community deep dive

$115K

Median household income

$118K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

8%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)587
Labour force participation rate66%
Median age39.6
Avg household size3.4
Unemployment rate7%
Population density4192 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households8%
Couple families with children32%
Median household income (2020)$115K

Housing

Renter households5%
Condominium dwellings8%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)56%
Visible minority72%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 43%
Mother tongue (2nd)Punjabi · 21%

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

Rankings

Living Area

Elite
3,275 sqft
0255075100
Same streetTop 8%Same areaTop 1%CitywideTop 1%
Same street · Nihal Bay
#1 / 12
Top 8% · Avg 1,774 sqft
Same area · Mandalay West
#1 / 83
Top 1% · Avg 1,186 sqft
Citywide · Winnipeg
#18 / 26,841
Top 1% · Avg 1,042 sqft

Tax-Assessed Value

Elite
427k
0255075100
Same streetTop 8%Same areaTop 1%CitywideTop 7%
Same street · Nihal Bay
#1 / 12
Top 8% · Avg 426.7k
Same area · Mandalay West
#1 / 83
Top 1% · Avg 255.9k
Citywide · Winnipeg
#1,910 / 26,841
Top 7% · Avg 256.1k

Year Built

Elite
2019
0255075100
Same streetTop 8%Same areaTop 1%CitywideTop 5%

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

45 Nihal Bay — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 237 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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 45 Nihal Bay.

🗑️

Garbage

wednesday

♻️

Recycling

wednesday

🍂

Yard Waste

wednesday a

Sales History

Sold 12/2019CA$300k–350k
Sold price

Same street

Bottom 45%

Same area

Top 12%

City-wide

Top 23%

Related homes

Highlights & common questions: 45 Nihal Bay, Winnipeg

Property Overview: 45 Nihal Bay, Mandalay West

Key Characteristics & Appeal

This is a notably spacious and modern home in Winnipeg’s Mandalay West neighbourhood. Built in 2019, the 3,275 sqft residence stands out for its size, ranking in the top 1% of homes city-wide for living area. Its assessed value is also well above average, placing it among the elite properties in its immediate area. The home appeals to buyers seeking a turn-key, contemporary property without the wait of new construction. It particularly suits growing families or professionals who prioritize ample indoor space and modern building standards. A thoughtful perspective is its positioning within a newer pocket of the neighbourhood, offering a balance of fresh infrastructure while being part of an established community. Its appeal lies not just in its size, but in the combination of a recent build year and high-calibre rankings relative to its street, area, and the entire city, suggesting a premium offering in a desirable location.

Frequently Asked Questions

1. How does the home’s size compare practically?
At 3,275 sqft, it is nearly double the average living area of comparable homes in Mandalay West and triple the Winnipeg city-wide average, indicating significant room for flexible living arrangements.

2. What does the "Elite" ranking for assessed value in Mandalay West mean?
It means this home’s assessed value is in the top 1% of the 83 comparable properties in the Mandalay West area, reflecting its premium market position within this specific neighbourhood.

3. Is the sold price history available?
Exact sold prices are not publicly displayed. The listing indicates a sale occurred in 2019 within a price range, and the exact figure can be requested directly from the listing service.

4. What are the benefits of a 2019 build year?
A home built in 2019 likely incorporates modern building codes, energy efficiency standards, and contemporary design trends, potentially reducing immediate maintenance costs compared to older stock.

5. How does it compare to its direct neighbours?
The data shows it ranks 1st of 12 homes on Nihal Bay for living area, year built, and assessed value, meaning it is the largest, newest, and most highly assessed property on its own street.

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