166 Tychonick Bay

Meadows, Winnipeg

Property score

74.6

Good

Overall 74.6 · Newer than most nearby homes

1,251 sqft (top 44%) · Built in 2011 (21 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

3% smaller than neighborhood avg.

Taon ng Paggawa

Above average

21 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

74.6 is composed by the two sections below.

Property Score

70.1Good
Living Area1,251 sqft66Good
Taon ng Paggawa201194Excellent
Lupa4,893 sqft60Fair
Neighbourhood Sales Activity53Fair

Community Score

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

Istatistika ng benta ng komunidad

Meadows

How to read: Share of sales in each ~$50k price band for “meadows” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

karaniwan
1,251 sqft
0255075100
Same streetBottom 7%Same areaTop 44%CitywideTop 46%
Same street · Tychonick Bay
#82 / 88
Bottom 7% · Avg 1,778 sqft
Same area · Meadows
#858 / 1,959
Top 44% · Avg 1,286 sqft
Citywide · Winnipeg
#88,632 / 194,458
Top 46% · Avg 1,342 sqft

Assessed Value

lampas sa average
481k
0255075100
Same streetBottom 9%Same areaTop 21%CitywideTop 23%
Same street · Tychonick Bay
#80 / 88
Bottom 9% · Avg 534.2k
Same area · Meadows
#417 / 1,959
Top 21% · Avg 409.1k
Citywide · Winnipeg
#44,683 / 194,458
Top 23% · Avg 390.1k

Taon ng Paggawa

Elite
2011
0255075100
Same streetBottom 28%Same areaTop 5%CitywideTop 10%

Lupa

karaniwan
4,893 sqft
0255075100
Same streetBottom 10%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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

166 Tychonick Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 231 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%

Kasaysayan ng Benta

Naibenta 3/2021CA$450k–500k
Presyo ng benta

Parehong kalye

Bottom 41%

Parehong lugar

Top 17%

Buong lungsod

Top 22%

Related homes

Mga tampok at karaniwang tanong: 166 Tychonick Bay, Winnipeg

Property Overview: 166 Tychonick Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 166 Tychonick Bay in the Meadows neighbourhood presents a distinct profile defined by its comparative value and modern build. Built in 2011, it is a notably newer home within its broader area, ranking in the top 5% for age in the Meadows and the top 10% city-wide. With 1,251 sqft of living space, it is smaller than most direct neighbours on Tychonick Bay but is closer to the average size for the wider neighbourhood and city. Its assessed value of $48,100k is above average for both Meadows and Winnipeg overall, suggesting a favourable valuation relative to many peers, though it is below the average for its immediate street.

The primary appeal lies in acquiring a relatively modern home (15 years old) in a stable setting, potentially with lower immediate maintenance needs than older stock. It suits value-conscious buyers who prioritize a newer construction year over maximum square footage, and who are comfortable with a home that is more compact than others on its specific street. A thoughtful perspective is that this property represents a balance—offering modern infrastructure in a mature neighbourhood, which can be a strategic entry point into an area where teardowns or major renovations are less likely to be needed.

Section 2: Frequently Asked Questions

1. Is this home a good value compared to others in the Meadows?
The data suggests it is. Its assessed value is above the average for the Meadows neighbourhood (top 21%), while its living area is near the neighbourhood average. This indicates you may be paying for factors like its newer age and condition rather than pure size.

2. Why is the living area smaller than other homes on Tychonick Bay?
This home is among the smaller properties on its specific street, ranking in the bottom 10% for size there. This is likely due to its later construction date (2011) compared to neighbours, reflecting evolving floor plan trends or original builder offerings.

3. What does the sold price history indicate?
It last sold between $450k-$500k in 2021. That sale price ranked in the top 17% for the Meadows area at the time, reinforcing the pattern of its value holding strong against area averages.

4. How does the lot size impact the property?
The land area of 4,893 sqft is slightly below average for the street but typical for the Meadows and the city. It provides a standard suburban yard space without being an exceptionally large or small lot.

5. Who would this property not suit?
Buyers seeking a large home relative to others on the same street, or those who prioritize expansive interior square footage above all else, might find it limiting. It’s better suited for those who value modern construction and efficient layout over sheer size.

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