56 Filkow Bay

Mandalay West, Winnipeg

Property score

79.7

Good

Overall 79.7 · Compared with neighbourhood average

1,540 sqft (top 32%) · Built in 1985 (4 yrs older than avg)

Located in a high-income area with median household income of ~107k

Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Near average

14% larger than neighborhood avg.

Year Built

Near average

4 yrs older than neighborhood avg.

Mother tongue

English · 45%Tagalog · 22%

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

79.7 is composed by the two sections below.

Property Score

76.1Good
Living Area1,540 sqft79Good
Year Built198573Good
Lot Size6,701 sqft85Excellent
Neighbourhood Sales Activity28Low

Community Score

85.0Excellent
Household Income87Excellent
Education Level82Excellent
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” (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: #46110196

Community deep dive

$107K

Median household income

$112K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

9%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)485
Labour force participation rate58%
Median age42.8
Avg household size3.2
Unemployment rate0%
Population density3730 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households9%
Couple families with children35%
Median household income (2020)$107K

Housing

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

Diversity, education & language

Immigrants (share of pop.)52%
Visible minority63%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 45%
Mother tongue (2nd)Tagalog · 21%

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

Rankings

Living Area

above average
1,540 sqft
0255075100
Same streetBottom 42%Same areaTop 32%CitywideTop 28%
Same street · Filkow Bay
#18 / 31
Bottom 42% · Avg 1,633 sqft
Same area · Mandalay West
#507 / 1,596
Top 32% · Avg 1,346 sqft
Citywide · Winnipeg
#54,858 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
471k
0255075100
Same streetTop 10%Same areaTop 25%CitywideTop 25%
Same street · Filkow Bay
#3 / 31
Top 10% · Avg 431.1k
Same area · Mandalay West
#402 / 1,596
Top 25% · Avg 418.4k
Citywide · Winnipeg
#48,032 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 10%Same areaTop 50%CitywideTop 29%

Lot Size

above average
6,701 sqft
0255075100
Same streetTop 6%Same areaTop 21%CitywideTop 20%

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

56 Filkow Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 410 m), 3 parks (nearest 169 m).

Search radius
🏫Education1
🌳Parks3

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 6/2019CA$350k–400k
Sold price

Same street

Bottom 20%

Same area

Top 44%

City-wide

Top 40%

Related homes

Highlights & common questions: 56 Filkow Bay, Winnipeg

Property Overview: 56 Filkow Bay, Mandalay West

Key Characteristics & Appeal

This well-situated home at 56 Filkow Bay presents a compelling blend of space, value, and established neighbourhood character. Built in 1985, the 1,540 sqft residence sits on a notably generous 6,701 sqft lot, which ranks in the top 6% for size on its street. This above-average land parcel offers significant outdoor potential, from gardening to expansion. The home’s assessed value of $471,000 stands well above averages for both the immediate area and the wider Mandalay West neighbourhood, suggesting a solid foundation of perceived value and potential equity.

Its appeal lies in its positional strength. The property consistently ranks "above average" across key metrics—especially lot size and assessed value—within its local context. This indicates a home that likely offers more substance and space than many in the vicinity, without being an outlier. It would suit practical buyers looking for a established home with room to breathe, whether it's a family valuing a large yard or an investor attracted by strong assessed value fundamentals in a mature area. The last known sale was between $350k-$400k in 2019, providing a recent benchmark for market comparison.

Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows it consistently outperforms peers. Its lot size is in the top 6% on Filkow Bay, and its assessed value is in the top 10% on the street and top 25% in Mandalay West, indicating it’s considered a higher-value property within its immediate community.

2. What does the assessed value tell me?
An assessed value of $471,000 that ranks highly against local averages often reflects factors like lot size, living area, and general property condition relative to neighbours. It’s a strong indicator of the city’s appraisal of the property’s worth for tax purposes, which can correlate with market value.

3. Is the living area size a drawback?
At 1,540 sqft, the living area is slightly below the current street average but remains above the citywide average. This suggests a comfortable size that may be efficiently laid out, with the property’s appeal bolstered more by its substantial lot size and value ranking.

4. How can I find out the exact past sale price?
The listed sale range is based on public data. For the precise historical sale price, you can request it directly via the email prompt on the listing page. The service provides the exact figure manually, typically by the end of the same day.

5. What’s the neighbourhood like for similar homes?
Mandalay West features a mix of homes primarily from the 1980s. This property, built in 1985, is newer than many in Winnipeg but typical for this specific area. Nearby properties on Filkow Bay and Arthur Wright Crescent create an established, settled streetscape.

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