151 Tychonick Bay

Meadows, Winnipeg

82.9

Excellent

Overall 82.9

Larger and newer than most nearby homes

1,858 sqft (top 11%)

Built in 2012 (22 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

Living Area

Above average

44% larger than neighborhood avg.

Year Built

Above average

22 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

82.9 is composed by the two sections below.

Property Score

83.9Excellent
Living Area1,858 sqft89Excellent
Year Built201294Excellent
Lot Size4,959 sqft60Fair
Neighbourhood Sales Activity53Fair

Community Score

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

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: #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.

Rankings

Living Area

above average
1,858 sqft
0255075100
Same streetTop 45%Same areaTop 11%CitywideTop 15%
Same street · Tychonick Bay
#40 / 88
Top 45% · Avg 1,778 sqft
Same area · Meadows
#211 / 1,959
Top 11% · Avg 1,286 sqft
Citywide · Winnipeg
#29,192 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

Elite
560k
0255075100
Same streetTop 24%Same areaTop 4%CitywideTop 12%
Same street · Tychonick Bay
#21 / 88
Top 24% · Avg 534.2k
Same area · Meadows
#77 / 1,959
Top 4% · Avg 409.1k
Citywide · Winnipeg
#22,386 / 194,458
Top 12% · Avg 390.1k

Year Built

Elite
2012
0255075100
Same streetTop 8%Same areaTop 1%CitywideTop 10%

Lot Size

around average
4,959 sqft
0255075100
Same streetBottom 39%Same areaBottom 37%CitywideBottom 43%

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

151 Tychonick Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 178 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%

Sales History

Sold 8/2021CA$500k–550k
Sold price

Same street

Top 22%

Same area

Top 6%

City-wide

Top 12%

Related homes

Highlights & common questions: 151 Tychonick Bay, Winnipeg

Property Summary: 151 Tychonick Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 151 Tychonick Bay in the Meadows neighbourhood presents a compelling blend of modern comfort and strong community standing. Built in 2012, it is a relatively newer home that requires less immediate concern for major system updates compared to much of Winnipeg's housing stock. With 1,858 sqft of living space, it offers ample room for a growing family or those who appreciate spacious interiors, ranking well above average for both the Meadows area and the city overall.

The property’s primary appeal lies in its exceptional value positioning within its immediate community. Its assessed value of $560k places it in the top 4% of the Meadows, indicating it is considered a premium property in a desirable area. This is reinforced by its 2021 sale price in the $500k-$550k range, suggesting steady value appreciation. The lot size of 4,959 sqft is standard for the area, offering manageable outdoor space without excessive maintenance.

This home would ideally suit buyers looking for a move-in ready, modern property in a well-established suburban neighbourhood. It appeals to those who value a home that stands out in terms of assessed value within its community—a sign of perceived quality and desirability. It’s also a practical choice for buyers wary of the hidden costs and surprises often associated with older homes, thanks to its 2012 build date.

A less obvious perspective is that this property represents a "sweet spot" in the market: it is new enough to be modern, yet not so new that it lacks established landscaping and a settled neighbourhood feel. Its metrics suggest it’s a solid, above-average performer in its category rather than an outlier, which can mean more stable and predictable long-term value.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value is in the top 4% for the Meadows neighbourhood, meaning it is considered among the area's more premium properties. On its own street, it ranks in the top 24%. This strong positioning suggests it is a high-quality home for this community.

2. Is the living space sufficient for a family?
With 1,858 sqft, the living area is significantly larger than the average home in both Meadows (1,286 sqft) and Winnipeg overall (1,342 sqft). This places it comfortably in the top 15% city-wide, indicating ample space for a typical family.

3. What are the implications of the 2012 build year?
Built 14 years ago, this home is newer than approximately 90% of homes in Winnipeg. This generally translates to more modern building standards, materials, and efficiencies, with major components like the roof, furnace, and windows likely having considerable remaining lifespan.

4. How does the lot size compare?
The lot is 4,959 sqft, which is very close to the average for both the street and the Meadows neighbourhood. It offers a standard suburban yard—sufficient for gardening, play, and entertaining, without being overly large to maintain.

5. Where can I find more detailed context about this specific location?
For a deeper analysis, you can open the neighbourhood map analysis page to see this property in relation to nearby homes, comparing year built, living area, assessed value, and lot size in detail. Exact historical sold prices are also available upon request via email.

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