123 Culross Bay

Meadows, Winnipeg

Property score

67.0

Good

Overall 67.0 · Older than most nearby homes

1,158 sqft (bottom 49%) · Built in 1981 (9 yrs older than avg)

Located in a high-income area with median household income of ~103k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 86%French · 2%

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

Sold Count

637

Median price

475.6k

$/sqft

$441/sqft

Avg build year

1990

Need help understanding this property?

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

Property score

67.0 is composed by the two sections below.

Property Score

61.2Fair
Living Area1,158 sqft60Fair
Year Built198173Good
Lot Size4,438 sqft53Fair
Neighbourhood Sales Activity53Fair

Community Score

75.7Good
Household Income86Excellent
Education Level34Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

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: #46110864

Community deep dive

$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

Population, labour & age

Population (2021)506
Labour force participation rate71%
Median age40.0
Avg household size2.7
Unemployment rate7%
Population density632 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households18%
Couple families with children32%
Median household income (2020)$103K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$310K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority7%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

around average
1,158 sqft
0255075100
Same streetTop 47%Same areaBottom 49%CitywideBottom 46%
Same street · Culross Bay
#25 / 53
Top 47% · Avg 1,205 sqft
Same area · Meadows
#999 / 1,959
Bottom 49% · Avg 1,286 sqft
Citywide · Winnipeg
#105,066 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
348k
0255075100
Same streetBottom 21%Same areaBottom 26%CitywideBottom 45%
Same street · Culross Bay
#42 / 53
Bottom 21% · Avg 376.8k
Same area · Meadows
#1,458 / 1,959
Bottom 26% · Avg 409.1k
Citywide · Winnipeg
#105,996 / 194,458
Bottom 45% · Avg 390.1k

Year Built

around average
1981
0255075100
Same streetTop 36%Same areaBottom 19%CitywideTop 33%

Lot Size

around average
4,438 sqft
0255075100
Same streetBottom 19%Same areaBottom 26%CitywideBottom 33%

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

123 Culross Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 330 m), 3 parks (nearest 311 m).

Search radius
🏫Education1
🌳Parks3

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%

Sales History

Sold 10/2022CA$300k–350k
Sold price

Same street

Bottom 24%

Same area

Bottom 36%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 123 Culross Bay, Winnipeg

Property Summary: 123 Culross Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 123 Culross Bay in the Meadows neighbourhood presents a practical and value-conscious opportunity. Built in 1981, its 1,158 sqft living space is squarely average for the immediate street and area, offering a comfortable size for everyday living without excessive upkeep. The property’s standout characteristic is its financial profile: its assessed value is notably below average for both the street and the broader Meadows area, suggesting a potentially lower property tax burden and an entry point into the neighbourhood. The lot, at 4,438 sqft, is compact compared to nearby properties, which translates to less yard maintenance—a plus for those seeking a simpler outdoor space.

The appeal here lies in its positioning as an efficient, no-frills home in an established community. It suits first-time buyers or downsizers looking for a manageable footprint and financial predictability. A thoughtful perspective is that a home with average square footage but below-average assessment can represent a smart allocation of costs, where you pay for livable space rather than a premium lot or inflated valuation. Its last sale in the 2022-2025 period within the $300k-$350k range indicates a relatively recent market transaction, providing a modern price benchmark.

Section 2: Frequently Asked Questions

1. What does "below average assessed value" practically mean for me?
It primarily suggests a likely lower annual property tax bill compared to many neighbours. The assessment is a key municipal input for calculating taxes, so a lower value here is generally advantageous.

2. Is the smaller lot size a significant drawback?
It depends on your lifestyle. While it offers less private outdoor space than many on the street, it significantly reduces maintenance time and cost. It’s a trade-off that appeals to those who prefer gardening in moderation or low-yard-work living.

3. How does the living area compare to a typical family home?
At just over 1,150 sqft, it is a moderately sized home. It’s very typical for the street and suitable for a small family, a couple, or an individual. It’s not a sprawling layout but is aligned with common designs from its era.

4. The home is 45 years old. What should I consider?
As with any home of this age, the condition of major systems (roof, windows, furnace) and potential updates (kitchen, bathrooms) should be a primary focus during viewing and inspection. Its age is typical for the area.

5. How can I find out the exact past sale price?
The provided sale price is a public data range. For the precise figure, you can use the email request service offered on the listing page. The service manually confirms the exact price from official records and provides it directly.

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.