122 Tychonick Bay

Meadows, ਵਿਨੀਪਿਗ

Property score

76.4

Good

Overall 76.4 · Newer than most nearby homes

1,275 sqft (top 42%) · Built in 2011 (21 yrs newer than avg)

Located in a high-income area with median household income of ~105k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

1% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

21 yrs newer than neighborhood avg.

Mother tongue

English · 58%Punjabi · 12%

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

Sold Count

637

Median price

475.6k

$/sqft

$441/sqft

Avg build year

1990

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Property score

76.4 is composed by the two sections below.

Property Score

73.2Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,275 sqft66Good
ਤਰੀਕ ਤੋਂ ਬਣਿਆ201194Excellent
ਜ਼ਮੀਨ6,335 sqft81Excellent
Neighbourhood Sales Activity53Fair

Community Score

81.3Excellent
Household Income87Excellent
Education Level72Good
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health83Excellent

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Meadows

How to read: Share of sales in each ~$50k price band for “meadows” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46111253

Community deep dive

$105K

Median household income

$113K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

18%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)5,276
Labour force participation rate76%
Median age36.4
Avg household size2.9
Unemployment rate7%
Population density2536 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households18%
Couple families with children38%
Median household income (2020)$105K

Housing

Renter households30%
Condominium dwellings4%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority47%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 57%
Mother tongue (2nd)Punjabi · 11%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
1,275 sqft
0255075100
Same streetਹੇਠਲੇ 9%Same areaਟਾਪ 42%Citywideਟਾਪ 43%
Same street · Tychonick Bay
#80 / 88
ਹੇਠਲੇ 9% · ਔਸਤ 1,778 sqft
Same area · Meadows
#817 / 1,959
ਟਾਪ 42% · ਔਸਤ 1,286 sqft
Citywide · ਵਿਨੀਪਿਗ
#84,379 / 194,458
ਟਾਪ 43% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
486k
0255075100
Same streetਹੇਠਲੇ 14%Same areaਟਾਪ 20%Citywideਟਾਪ 22%
Same street · Tychonick Bay
#76 / 88
ਹੇਠਲੇ 14% · ਔਸਤ 534.2k
Same area · Meadows
#394 / 1,959
ਟਾਪ 20% · ਔਸਤ 409.1k
Citywide · ਵਿਨੀਪਿਗ
#42,982 / 194,458
ਟਾਪ 22% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2011
0255075100
Same streetਹੇਠਲੇ 28%Same areaਟਾਪ 5%Citywideਟਾਪ 10%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
6,335 sqft
0255075100
Same streetਟਾਪ 15%Same areaਟਾਪ 16%Citywideਟਾਪ 25%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

122 Tychonick Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 265 m).

Search radius
🌳Parks1

Crime & Safety

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

7/2022 ਵਿਚ ਵਿਕਿਆCA$500k–550k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 31%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 8%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 13%

Related homes

ਵਿਨੀਪਿਗ 122 Tychonick Bay — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview

This home at 122 Tychonick Bay in Winnipeg’s Meadows neighbourhood presents a distinct value profile. Built in 2011, it’s a relatively modern home on a larger-than-average lot. Its appeal lies in this combination: it offers a newer build in a well-established area, paired with a generous 6,335 sqft land area that provides ample outdoor space and potential. The home’s living area of 1,275 sqft is comfortably sized for many, though it is notably smaller than other homes on its own street.

The property is best suited for practical buyers who prioritize land size and a newer construction year over sheer interior square footage. It would appeal to a first-time buyer looking for a modern, low-maintenance home with room to grow outdoors, or an investor attracted by its above-average assessed value relative to the broader area. A thoughtful perspective is that this home offers a “best of both worlds” scenario within its immediate micro-market—it’s a newer structure in a neighbourhood of older homes, yet it sits on a lot size that ranks highly, suggesting a premium attribute that may not be immediately obvious.

Frequently Asked Questions

1. How does this home’s size compare to its neighbours?
While its living space is smaller than most on Tychonick Bay, it is very close to the average size for both the Meadows area and the city overall. The trade-off is a significantly larger lot than most comparable homes nearby.

2. What does the “Elite” ranking for Year Built mean?
This indicates the home, built in 2011, is newer than approximately 95% of homes in the Meadows area. It suggests less immediate concern for major age-related repairs compared to much of the local housing stock.

3. Why is the assessed value above average for the area but below average for the street?
The assessed value is higher than most homes in Meadows and citywide, likely due to its newer build and lot size. On its specific street, however, many homes have a higher assessed value, possibly due to larger living areas or other premium features.

4. What was the recent sale history?
The property sold between 2022 and 2025 for an estimated CA$500k–550k. For the exact sale price, you can request the information via email from the listing service.

5. Is the lot size a significant feature?
Yes. The land area of 6,335 sqft ranks in the top 15% on its street and top 16% in the Meadows area. This is a standout feature that offers more privacy, yard space, and potential for additions or landscaping than many properties in its price range.

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