Property score
80.7
Excellent
Overall 80.7 · Larger and newer than most nearby homes
1,626 sqft (top 23%) · 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
26% 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)
637
475.6k
$441/sqft
1990
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
Free · No credit card required
80.7 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
158 Tychonick Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 231 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 16% | Top 42% | Top 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 158 Tychonick Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 158 Tychonick Bay in the Meadows neighbourhood presents a compelling mix of modern convenience and value positioning. Built in 2012, it is a notably newer home compared to most in Winnipeg, ranking in the top 10% city-wide for its year of construction. This translates to likely fewer major maintenance concerns and modern building standards.
With 1,626 sqft of living space, the home offers above-average roominess for both the city and the Meadows area, providing comfortable space for a family. The assessed value of $49.40k positions it as a more accessible entry point on its own street, where it's below the local average, yet it holds above-average value when compared to the wider neighbourhood and city. The lot size of 4,894 sqft is manageable, offering outdoor space without the burden of extensive upkeep.
Its primary appeal lies in this balance: you acquire a relatively new, spacious home in a mature neighbourhood at an assessed value that is competitive, especially within its immediate area. It would suit first-time buyers or growing families looking for a move-in-ready home without the premium often attached to new builds in brand-new subdivisions. It also represents a savvy option for value-conscious buyers who prioritize the modern infrastructure of a newer home but want the established character of a community like Meadows.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes and is not a direct indicator of market price. However, it provides a benchmark for comparison. This home's assessed value is below the street average but above the area average, suggesting it may be priced competitively within the broader market.
2. What are the implications of the home being newer than most on the street?
A 2012 build (14 years old) is among the newest on Tychonick Bay. This typically means newer major systems (like HVAC, roof, and wiring), potentially lower immediate repair costs, and modern layouts. It may stand out compared to older neighbouring homes.
3. The lot is smaller than others on the street. Is that a significant drawback?
At 4,894 sqft, the lot is below the street average but close to the neighbourhood average. This could mean less backyard maintenance and landscaping cost, which some buyers may prefer. It’s a trade-off between expansive outdoor space and practicality.
4. The home last sold between $350k-$400k in 2017. How is that useful?
This historical sale price provides a past market anchor. Understanding how the market has moved since 2017, in conjunction with current assessments and comparable sales, is essential for determining today's fair market value.
5. Why is the living area considered above average city-wide?
The average living area for a Winnipeg home is about 1,342 sqft. At 1,626 sqft, this property offers approximately 20% more space than the typical city home, which is a significant advantage for buyers seeking room to grow without moving to an oversized or premium-priced property.
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.
