61.1
Fair
Property score
61.1
Fair
Overall 61.1
Smaller and older than most nearby homes
966 sqft (bottom 21%)
Built in 1980 (10 yrs older than avg)
Located in a high-income area
with median household income of ~103k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 school, and 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 86%French · 2%
Past 10 years Meadows sales snapshot (~80% of all data)
637
475.6k
$441/sqft
1990
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
61.1 is composed by the two sections below.
Property Score
Community Score
Meadows
How to read: Share of sales in each ~$50k price band for “meadows” (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: #46110864
$103K
Median household income
$102K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
18%
Single-person households
32%
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
122 Culross Bay — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 311 m), 4 parks (nearest 342 m).
Meadows · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
78%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 48% | Top 49% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 122 Culross Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 122 Culross Bay in the Meadows neighbourhood presents a specific value proposition. Built in 1980, it is a functionally sized property with 966 sqft of living space on a just-over 5,000 sqft lot. The data indicates its interior space is notably more compact than most comparable homes in its immediate area, city-wide, and even on its own street. However, its assessed value of $380,000 aligns closely with averages across all these same groups.
The primary appeal lies in its efficient footprint and positional value. You are acquiring a home with a solid, average valuation for the area, but within a smaller-than-typical structure. This could suit buyers seeking lower utility costs, easier maintenance, and a manageable space without sacrificing the location within a established neighbourhood. It would particularly suit first-time buyers, downsizers, or investors looking for a entry point into the Meadows area, where the land and location contribute significantly to the value. A thoughtful perspective is that this property represents the "land and location" portion of the market more than the "premium living space" segment, offering a chance to own in the community without paying for square footage you may not need.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 966 sqft, the home is significantly below the average size for comparable properties on its street (~1,205 sqft) and in the broader Meadows area (~1,286 sqft). This makes it a compact, efficient layout best suited for individuals, couples, or small families.
2. How does the assessed value compare?
The $380,000 assessment is consistently around the average—ranking near the middle—when compared to homes on Culross Bay, in the Meadows, and across Winnipeg. This suggests the property is valued fairly for its overall offering in the current market.
3. What is the neighbourhood like for a home built in 1980?
The home was built in 1980, which is typical for its street but older than most in the Meadows neighbourhood. This indicates you are looking at a mature, well-established part of the community with older homes and likely mature landscaping.
4. How does the lot size compare?
The 5,099 sqft lot is very close to the average for both Culross Bay and the Meadows area, though it is smaller than the city-wide average. You can expect a yard size consistent with most of your immediate neighbours.
5. Where can I find more detailed local data?
The listing references a neighbourhood analysis page that maps nearby houses and allows for detailed comparison of year built, living area, assessed value, and lot size with immediate neighbours, providing crucial context for this specific location.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
