77.7
Good
Property score
77.7
Good
Overall 77.7
Newer than most nearby homes
1,320 sqft (top 49%)
Built in 2008 (19 yrs newer than avg)
Located in a high-income area
with median household income of ~108k
Transit 100.0
1-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
2% smaller than neighborhood avg.
Year Built
Above average
19 yrs newer than neighborhood avg.
Mother tongue
Punjabi · 48%English · 24%
Past 10 years Mandalay West sales snapshot (~80% of all data)
472
454k
$385/sqft
1989
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77.7 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: #46111119
$108K
Median household income
$118K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
8%
Single-person households
41%
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
62 Khalsa Street — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 134 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 62 Khalsa Street.
Garbage
wednesday
Recycling
wednesday
Yard Waste
wednesday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 29% | Top 7% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
62 Khalsa Street is a well-situated home in Winnipeg’s Mandalay West neighbourhood, built in 2008. It presents a practical opportunity, particularly for its modern construction relative to much of the city’s housing stock. The home’s appeal lies in its balance: it offers a newer build with manageable scale, set on a decent-sized lot. The data suggests it’s a home that doesn’t stand out for size or assessed value on its own street, but holds strong appeal when viewed in the wider context of its neighbourhood and the city.
Key Characteristics & Ideal Buyers
The home’s 1,320 sqft living area is modest, ranking below the average for Khalsa Street but aligning closely with the citywide average. Its assessed value, however, tells a more compelling story—it sits above average for both Mandalay West and Winnipeg overall, indicating the property is valued more highly by assessors than many of its peers. The 2008 build year is a significant asset, placing it in the top tier for newness within the neighbourhood.
This property would suit first-time buyers or downsizers looking for a modern, low-maintenance home without a massive footprint. It’s also a sensible choice for value-oriented investors or buyers who prioritize a newer building envelope and systems over sheer square footage. A thoughtful perspective is that this home represents a “sweet spot” of newer construction in an established area—you benefit from modern standards while being part of a mature community, a combination that can be hard to find.
1. How does this home’s value compare to others nearby?
While its assessed value is below the average on Khalsa Street, it ranks well above average for the broader Mandalay West neighbourhood and the city. This suggests the property is assessed favorably compared to most Winnipeg homes, even if it’s on a street with some higher-valued properties.
2. Is the living space smaller than average?
Yes, at 1,320 sqft, the living area is below the average for its immediate street but is very close to the average home size across Winnipeg. It offers a efficient, manageable layout typical of its build era.
3. What is the significance of the 2008 build year?
Built in 2008, the home is relatively new. This places it in the top 3% of homes in Mandalay West by age, meaning major components like roofing, windows, and mechanical systems are likely in good condition and built to more recent codes.
4. What was the recent sale history?
Public records indicate the home sold in 2023 for an estimated price between CA$500,000 and $550,000. The exact sale price can be requested directly from the listing service.
5. How does the lot size compare?
The 5,948 sqft lot is near the average for the street, the neighbourhood, and the city. It provides standard outdoor space for the area—not exceptionally large, but certainly not small.
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