74.5
Good
Property score
74.5
Good
Overall 74.5
Newer than most nearby homes
1,268 sqft (bottom 46%)
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: 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
6% 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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74.5 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
8 Prelest Place — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 115 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 8 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 43% | Top 21% | Top 24% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 43% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 8 Prelest Place, Winnipeg
Section 1: Key Characteristics & Appeal
This well-established home in Mandalay West presents a practical opportunity in a mature neighbourhood. Built in 1990, the 1,268 sqft house sits on a 5,158 sqft lot. Its key appeal lies in its solid positioning as a comfortable, no-surprises property. While the living space is modest compared to immediate neighbours, its assessed value is strong city-wide, suggesting good fundamental value for the Winnipeg market.
The property would suit a first-time buyer or a downsizer looking for a manageable home in a settled area. Its history shows steady appreciation, and it offers the appeal of a quieter, inner-suburban lifestyle without the premium of a newer development. A thoughtful perspective for buyers is that while it ranks lower on lot size within its small cul-de-sac, this can translate to less yard maintenance. Its above-average city-wide value ranking indicates it's a competitively priced entry point into a stable market segment, rather than a standout luxury home.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to the area?
The living area is somewhat smaller than the average home on Prelest Place itself, but is very close to the average size for both the broader Mandalay West area and the city of Winnipeg as a whole.
2. What does the sold price history indicate?
The home sold in the $400k-$450k range in 2021 and in the $300k-$350k range in 2016. This indicates a trend of appreciation over that five-year period, consistent with broader market movements during that time.
3. Is the assessed value high or low?
The assessed value is around average for its street and neighbourhood. Notably, it ranks above average compared to all homes across Winnipeg, suggesting the property is assessed in line with or slightly above the citywide norm.
4. What is the neighbourhood like for similar homes?
Mandalay West features homes primarily built from the late 1980s to early 1990s. This home, built in 1990, is actually newer than many on its street and significantly newer than the average Winnipeg home, which is a positive for its infrastructure and systems.
5. How can I find out the exact past sold prices?
The listing service provides sold price ranges based on public data. To obtain the exact historical sale figures, you must request them directly via email from the listing platform, which provides them manually as a courtesy service.
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