74.6
Good
Property score
74.6
Good
Overall 74.6
Newer than most nearby homes
1,236 sqft (top 45%)
Built in 2011 (21 yrs newer than avg)
Located in a high-income area
with median household income of ~105k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Above average
21 yrs newer than neighborhood avg.
Mother tongue
English · 58%Punjabi · 12%
Past 10 years Meadows sales snapshot (~80% of all data)
637
475.6k
$441/sqft
1990
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74.6 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: #46111253
$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
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
139 Tychonick Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 188 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 3% | 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 & Key Characteristics
This home at 139 Tychonick Bay in the Meadows neighbourhood presents a specific value proposition. Built in 2011, it is a notably modern home within its wider area, ranking in the top 5% for year built in Meadows. The 1,236 sqft living space is compact compared to others on its own street but is very close to the average size for both the neighbourhood and Winnipeg overall. Its standout feature is its assessed value, which is well above average for both Meadows (top 17%) and city-wide comparisons (top 20%), suggesting strong municipal valuation relative to many peers. The lot is a standard, manageable size for the area.
The appeal lies in acquiring a relatively newer, low-maintenance home in a mature neighbourhood without a premium price tag for excessive square footage. It suits first-time buyers, downsizers, or practical investors seeking a modern build in a settled community. A thoughtful perspective is that while it is one of the smaller homes on its specific street, this translates to efficiency and lower utility costs, and its above-average assessment in broader comparisons could indicate solid underlying value for the property itself.
Frequently Asked Questions
1. Is this a small house?
It depends on the comparison. At 1,236 sqft, it is below average for its immediate street but is very close to the average size for both the Meadows neighbourhood and the entire city of Winnipeg.
2. Why is the assessed value considered above average?
The home’s municipal assessed value ranks in the top 17% within Meadows and top 20% city-wide. This suggests that, compared to a broad range of homes, the property holds a higher valuation, which can be influenced by factors like its modern build year (2011) and location.
3. How old is the property?
The home was built in 2011, making it approximately 15 years old. This is considered newer, placing it in the top 5% of homes by build year within the Meadows neighbourhood.
4. What was it last sold for?
Public records indicate a sale between CA$350,000 and $400,000 in 2019. For the exact historical sold price, you can request details via email from the listing source.
5. How does the lot size compare?
The land area is 4,959 sqft. This is around the average for Tychonick Bay, the Meadows neighbourhood, and Winnipeg overall, representing a standard urban residential lot.
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