Property score
77.8
Good
Overall 77.8 · Newer than most nearby homes
1,431 sqft (top 35%) · Built in 2012 (22 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
11% 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
77.8 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
162 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 9% | Top 43% | Top 40% |
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 162 Tychonick Bay in Winnipeg's Meadows neighbourhood presents a compelling mix of modern convenience and practical value. Built in 2012, it is a notably newer home compared to most in the wider city and ranks among the newest in its immediate area. With 1,431 sqft of living space, it offers a comfortable, average-sized layout for the city and neighbourhood, though it is on the more modest side for Tychonick Bay itself. The lot size of 4,893 sqft is consistent with area norms.
The appeal lies in its balance. You get the benefits of a relatively new build—likely with modern systems, insulation, and less immediate maintenance—situated in an established area. The assessed value is above average for both Meadows and Winnipeg overall, suggesting solid municipal valuation, yet the home last sold in the $350k-$400k range (2018), indicating a potentially accessible entry point for the neighbourhood. It would suit first-time buyers or downsizers seeking a low-maintenance, move-in-ready home without the premium of a brand-new subdivision. It’s also a practical choice for value-focused buyers who prioritize a newer construction year over having the largest home on the street.
Frequently Asked Questions
1. Is this a good value for the Meadows area?
The data suggests it could be. While its assessed value is above the neighbourhood average, its previous sold price and living area indicate it may offer a more affordable way to own a newer home in the area compared to larger properties on the same street.
2. What does the "Elite" ranking for Year Built mean?
This means the 2012 build date is newer than approximately 99% of comparable homes in the Meadows area. You are unlikely to find many homes of this age in the immediate neighbourhood, which is a significant advantage for maintenance and modern standards.
3. The lot is smaller than average for the street. Is that a major drawback?
It depends on your priorities. The lot is still a good size by city standards and likely requires less upkeep. For buyers who value a newer home over extensive outdoor space, this is a reasonable trade-off.
4. How reliable are the "Sold 2018" price ranges?
These ranges are based on publicly available data. For the exact historical sold price, you can request it via email from the site; they provide this detail manually to ensure accuracy.
5. Who might this property not suit?
Buyers seeking a large, expansive family home with a premium lot on Tychonick Bay may find it compact. Similarly, those looking for a fixer-upper or a vintage character home would be better served by an older property in the area.
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.
