154 Tychonick Bay

Meadows, Winnipeg

Property score

82.9

Excellent

Overall 82.9 · Larger and newer than most nearby homes

1,844 sqft (top 12%) · 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

43% 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 Area1,844 sqft89Excellent
Year Built201294Excellent
Lot Size4,894 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
1,844 sqft
0255075100
Same streetTop 49%Same areaTop 12%CitywideTop 16%
Same street · Tychonick Bay
#43 / 88
Top 49% · Avg 1,778 sqft
Same area · Meadows
#226 / 1,959
Top 12% · Avg 1,286 sqft
Citywide · Winnipeg
#30,205 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
521k
0255075100
Same streetBottom 37%Same areaTop 12%CitywideTop 17%
Same street · Tychonick Bay
#55 / 88
Bottom 37% · Avg 534.2k
Same area · Meadows
#233 / 1,959
Top 12% · Avg 409.1k
Citywide · Winnipeg
#32,246 / 194,458
Top 17% · Avg 390.1k

Year Built

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

Lot Size

around average
4,894 sqft
0255075100
Same streetBottom 14%Same areaBottom 35%CitywideBottom 41%

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

154 Tychonick Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 232 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 11/2022CA$450k–500k
Sold price

Same street

Top 50%

Same area

Top 14%

City-wide

Top 19%
Sold 5/2017CA$400k–450k
Sold price

Same street

Bottom 19%

Same area

Top 31%

City-wide

Top 32%

Related homes

Highlights & common questions: 154 Tychonick Bay, Winnipeg

Property Overview: 154 Tychonick Bay, Winnipeg

Key Characteristics & Appeal

This home, built in 2012, offers modern construction in Winnipeg's Meadows neighbourhood. With 1,844 sqft of living space, it provides ample room and ranks well above average for size both within the broader area and city-wide. The lot is a manageable 4,894 sqft, which is slightly smaller than others on its street but typical for the Meadows, suggesting a lower-maintenance yard.

The primary appeal lies in its balance of space, modern age, and established neighbourhood context. It’s a home that offers newer-build benefits (like contemporary layouts and systems) without being in a brand-new subdivision. Its assessed value positions it as a premium property within the Meadows, indicating a desirable location within that community.

This property would suit buyers looking for a move-in-ready, modern family home in a mature neighbourhood. It’s ideal for those who prioritize interior space over a very large lot and appreciate a home that stands out in its immediate area for its newer construction. The historical sale data suggests steady value appreciation, appealing to those with an eye for long-term investment.


Frequently Asked Questions

1. How does this home compare to others on the street?
It has a newer build year than most neighbours, ranking in the top 8% on Tychonick Bay. The living space is about average for the street, while the lot size is somewhat smaller than the street average.

2. What does the "Elite" ranking for Year Built in the Meadows mean?
It means this 2012-built home is among the newest 1% of comparable properties in the entire Meadows area, where the average build year is 1990. This is a significant advantage in terms of modern building standards and likely reduced need for near-term updates.

3. The lot is smaller than the street average. Is that a concern?
It depends on your priorities. The lot is very close to the average size for the Meadows neighbourhood overall. This often translates to less yard maintenance while still providing outdoor space, which many buyers see as a practical benefit.

4. The assessed value seems high for the area. Why?
The assessed value is well above the average for the Meadows, ranking in the top 12%. This is likely influenced by the home's newer age, size, and specific location. It generally reflects the city's view that this is one of the more valuable properties in the neighbourhood.

5. How has the property's value changed over time?
Based on available sold price ranges, the home's value increased from an estimated $400k-$450k in 2017 to $450k-$500k in 2022. This indicates positive momentum, with its value ranking improving from the top 31% to the top 14% in the Meadows area over that five-year period.

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